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Sol Taylor

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CALIFORNIA | LOCAL
January 9, 1997
The gray squirrel is to England ("British Wage War on U.S. 'Invaders,' " Jan. 2) what the English sparrow has been to the United States and the rabbit to Australia. SOL TAYLOR North Hollywood
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BUSINESS
April 5, 2009
Re: "Tables turned at AIG hearing," March 25: Just because some geniuses at huge corporations -- American International Group, for example -- came up with complicated derivatives including subprime mortgages and what I call junk bonds and marketed them to foreign investors does not entitle them to bonuses. A bonus is a reward for outstanding production or service. These complex investment packages were so much hot air, and when the pin stuck the balloon, they collapsed. Failing policies and practices do not warrant bonuses.
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OPINION
April 9, 2003
Re "The Model Embed," Opinion, April 6: The Ernie Pyle story by Michael Skube brought back old memories of World War II and the talented Ernie Pyle. As a Valley resident, I want to add that Pyle owned and lived in a large home on Chandler Boulevard (which is still there). Sol Taylor Sherman Oaks
REAL ESTATE
May 8, 2005
In this overheated real estate market, people often want to know when the trend will slow down or reverse itself. The answer comes with the following events: When the same properties are advertised week after week in the newspaper. When new listings pop up on every other block. When "Reduced Price" signs appear on older listings. When interest rates move up to 7% or more. When the total number of sales in the Valley per month falls below 1,000. This scenario last occurred in April 1990 and led to a seven-year decline in real estate values.
REAL ESTATE
September 7, 2003
I am often asked as a Realtor, "When are housing prices coming down?" The answer is when the following events occur: The inventory of homes for sale jumps dramatically. "Reduced" signs show up on most of the active listings. Price reductions are posted on many listings. When homes that once were selling in days are on the market for months. For now, these events have not occurred. Sol Taylor Sherman Oaks
REAL ESTATE
July 7, 2002
How do you know if your home is overpriced? 1) If it has been on the market more than three months; 2) If the only offers received were 10% (or more) below your asking price; and 3) If no one comes to see the home after the first week on the market. The temptation to price a home into some futuristic price range is great but accomplishes nothing. SOL TAYLOR Sherman Oaks Taylor is a Realtor.
BUSINESS
April 5, 2009
Re: "Tables turned at AIG hearing," March 25: Just because some geniuses at huge corporations -- American International Group, for example -- came up with complicated derivatives including subprime mortgages and what I call junk bonds and marketed them to foreign investors does not entitle them to bonuses. A bonus is a reward for outstanding production or service. These complex investment packages were so much hot air, and when the pin stuck the balloon, they collapsed. Failing policies and practices do not warrant bonuses.
OPINION
August 30, 2004
Re "Another '90s Bad Dream," Aug. 26: Like almost all collecting fads that come and go, the Beanie Baby went through the same steps as the baseball card frenzy of the 1980s. My son spent his money at the local baseball card stores in the 1980s buying boxes of each year's issue. Today, the same dealers do not want to buy back these items, offering 10 cents on the dollar -- if they "need more stock." When the next fad strikes, enthusiastic collectors will spend lots of money and stock up on items that turn out to be a Ponzi scheme -- intentional or not. Sol Taylor Sherman Oaks
OPINION
October 13, 2002
Re "A Clouded View of U.S. Jews," Oct. 9: It is not surprising that two studies of the same subject produced such widely different results. One study showed the Jewish population in the U.S. declined in the past decade while another showed a rather healthy increase. It brings to mind the old Jewish joke: "If you have two Jews in a room you have three opinions." Jews still represent about 2% of the U.S. population regardless of the specific results of different studies. Sol Taylor Sherman Oaks
OPINION
September 27, 1992
King got our sympathy as a victim of a brutal beating. Now he will get our scorn as a greedy opportunist. From our hard-pressed tax coffers he has the gall to reject more money than he could have earned in a lifetime. He and his greedy attorney should only have the trial result in a smaller award than what our City Council offered. As an educator from 1952 to 1984, my total gross earnings were well below half that total and I resent his affront to our sensitivities by snubbing a very generous offer.
OPINION
August 30, 2004
Re "Another '90s Bad Dream," Aug. 26: Like almost all collecting fads that come and go, the Beanie Baby went through the same steps as the baseball card frenzy of the 1980s. My son spent his money at the local baseball card stores in the 1980s buying boxes of each year's issue. Today, the same dealers do not want to buy back these items, offering 10 cents on the dollar -- if they "need more stock." When the next fad strikes, enthusiastic collectors will spend lots of money and stock up on items that turn out to be a Ponzi scheme -- intentional or not. Sol Taylor Sherman Oaks
REAL ESTATE
May 30, 2004
A very common misconception in the public is that because the real estate market is sizzling, real estate agents are cashing in big time ["Agents in a Tug of War," May 23]. The reality is that most agents will earn less in 2004 than in 2002. The reason is that there are fewer properties for sale in 2004 than in many years and thus there are fewer sales to make. Now there are about four agents for every listing in the San Fernando Valley. The National Assn. of Realtors published earnings for Realtors in 2003.
REAL ESTATE
September 7, 2003
I am often asked as a Realtor, "When are housing prices coming down?" The answer is when the following events occur: The inventory of homes for sale jumps dramatically. "Reduced" signs show up on most of the active listings. Price reductions are posted on many listings. When homes that once were selling in days are on the market for months. For now, these events have not occurred. Sol Taylor Sherman Oaks
OPINION
August 21, 2003
Re "Former Ugandan Dictator Who Ruled by Terror Dies," Aug. 16: Idi Amin dies in a hospital instead of on the gallows. He joins the ranks of the most evil persons of the past century, along with Adolf Hitler, Tojo, Josef Stalin, Pol Pot, Mao Tse-tung and other dictators who ran their countries into chaos. Why did not the United States stand up and say, "No more"? Would we stand by today and let some homicidal dictator kill tens of thousands of his own people? Sol Taylor Sherman Oaks I was a physician on a diplomatic passport attached to Makerere University in Uganda in 1972.
OPINION
April 9, 2003
Re "The Model Embed," Opinion, April 6: The Ernie Pyle story by Michael Skube brought back old memories of World War II and the talented Ernie Pyle. As a Valley resident, I want to add that Pyle owned and lived in a large home on Chandler Boulevard (which is still there). Sol Taylor Sherman Oaks
BUSINESS
March 9, 2003
Real Estate Agents Do Have Work to Do Mathew Kundinger writes one of those misinformed or uninformed letters attacking real estate agents as if we earn our commissions by doing no work ("Realtors Need to Accept Reality of Internet Rivals," Letters, March 2). The Internet is another marketing tool we use to help sell our listings. Prospective buyers still need to contact an agent (their own or the listing agent) in order to see the property, to make an offer and to conclude a sale.
CALIFORNIA | LOCAL
August 24, 1993
The "other side of the coin" is my response to Ian Shoales' "Two Cents' Worth . . . " commentary (Aug. 15). As a Depression-era child, I came to respect the cent. I even collected them by date. Today a complete set of circulated Lincoln cents would cost about $500 in average used condition. A choice, uncirculated set would run in the tens of thousands. As far as a cent doing much in the grocery or restaurant, yes, it has little or no value. But to generations of kids who grew up checking each one for a "keeper," the cent (or "penny" as most people call it)
CALIFORNIA | LOCAL
March 7, 1999
The bus bench incident in North Hollywood [Feb. 23] was entirely preventable ("Man's Leg Severed When Truck Hits Bus Bench," Feb. 24). My aunt and two other women died as they sat on a bus bench in Miami Beach some 15 years ago. I have written, then and several times since then, to the Metropolitan Transportation Authority and other transit authorities to move bus benches well back from the curb and, where that was not feasible, to place a concrete barrier...
OPINION
October 13, 2002
Re "A Clouded View of U.S. Jews," Oct. 9: It is not surprising that two studies of the same subject produced such widely different results. One study showed the Jewish population in the U.S. declined in the past decade while another showed a rather healthy increase. It brings to mind the old Jewish joke: "If you have two Jews in a room you have three opinions." Jews still represent about 2% of the U.S. population regardless of the specific results of different studies. Sol Taylor Sherman Oaks
REAL ESTATE
July 7, 2002
How do you know if your home is overpriced? 1) If it has been on the market more than three months; 2) If the only offers received were 10% (or more) below your asking price; and 3) If no one comes to see the home after the first week on the market. The temptation to price a home into some futuristic price range is great but accomplishes nothing. SOL TAYLOR Sherman Oaks Taylor is a Realtor.
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