Author: VoltageValley

Voltage Valley was coined in 2010 as a way to define the upcoming green technology companies such as Telsa, Solaria, and the then promising Solyndra and GreenVolts. While companies like Tesla continue to grow many in the sector continue to limp along or completely imploded. However, that wasn’t the point of the blog, it was to capture the birth of a new technology culture, more industrial and longer term thinking than the plethora of shady sharing economy startups looking to IPO at the drop of a hat. No, Voltage Valley is a place where real people live and work, developing technologies that will benefit more people than Wall Street and techies’ looking to cash out before their vaporware is exposed. Welcome to Voltage Valley, Fremont, Union City, and Newark, California.

Some takeaways from the Berkshire Hathaway Annual Meeting

A Bit about Crypto Currency.

From Charlie Munger:

<< Munger, however, issued a more direct attack.

“Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,” he said. “And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.” >>

Robinhood, the casino mentality.

From Warren Buffett:

<< Buffett said trading apps like Robinhood have contributed to the “casino aspect” of the stock market as of late, exploiting individuals’ inclinations to gamble.

“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,” Buffett said of Robinhood. “There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.” >>

For Yahoo Finance’s full coverage, click below.

https://www.aol.com/berkshire-hathaway-annual-meeting-2021-220309605.html

Housing Crisis Part 1

The beginning of the real housing crisis.

“At the same time, wages have stagnated dramatically. When adjusted for inflation, a 2018 hourly wage has about the same purchasing power as it did in 1978. In fact, the average 1973 hourly minimum wage (just over $4) would be equal to about a $24 average minimum wage today. Instead, today’s federal minimum wage is just $7.25.”

https://www.businessinsider.com/how-corporate-landlords-helped-drive-the-covid-evictions-crisis-2021-3

Corporations owning more rental properties and units than ever before.

The beginning of the real housing crisis.

“At the same time, wages have stagnated dramatically. When adjusted for inflation, a 2018 hourly wage has about the same purchasing power as it did in 1978. In fact, the average 1973 hourly minimum wage (just over $4) would be equal to about a $24 average minimum wage today. Instead, today’s federal minimum wage is just $7.25.”

https://www.businessinsider.com/how-corporate-landlords-helped-drive-the-covid-evictions-crisis-2021-3

My introduction to Real Estate and a pandemic.

I have the fantastic opportunity to work for a great Real Estate firm in Silicon Valley.

And……. a time of a pandemic which reduces the in person interactions that drive Real Estate.

I’m not going to sugar coat things, the market might be rough over the next few weeks. It’s more important that I get a pulse on the community than pass out fliers. If you have any questions or need to chat, I am here for you. Feel free to to text, call, or email me adam@pamshomes.com

Adam Moura

DRE Lic 01866231

925-750-8226

https://pamshomes.com/FeaturedListings