Tag Archives: Facebook

Magic Words

Humans have a strange habit. They attempt to avoid the negative effects of powers that they do not understand by using words and symbols that they also do not understand.

Some are fictional.

 

Others are harmless gestures.

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Chicago Real Estate Statistics: Porker’s Index

Harper’s Index has always been one of my favorite sources for trivia. I’ve nicked their format once before and it was a blast. Since Friday is the day when I count things for you it’s time I return to that format for a smattering of curious figures.

Number of true search results in Amazon’s library for:

  • “How to be a good landlord”: 91
  • “How to be a good homeowner”: 100
  • “How to be a good tenant”: 0
  • “How to be a good manager”: 2,535
    Source: Amazon.com as of June 10, 2012

Number of Google search results for:

  • “I hate my tenants”: 47,500
  • “I love my tenants”: 118,000
  • “I hate my landlord”: 985,000
  • “I love my landlord”: 3,480,000
  • “I hate my job”: 6,130,000
  • “I love my job”: 29,600,000
    Source: Google.com as of June 10, 2012

Number of new Chicago Craigslist postings in an hour for:

  • Apartments for rent: 950
  • Jobs – all categories: 26 (note: Craigslist charges to post job ads in Chicago)
  • Computers for sale: 15
  • Missed connections: 6
    Source: chicago.craigslist.org between 6:25pm and 7:25pm on June 10, 2012

Average student loan debt for 2010 grads:

  • Illinois state average for 4-year college graduates in 2010: $23,885
  • School of the Art Institute of Chicago: $39,306
  • University of Chicago $22,359
  • NEIU: $10,976
    Source: projectonstudentdebt.org

Other things you could buy for $23,885:

  • 3/4 of a year’s rent in a luxury 2 bedroom Chicago West side Loft condo (Source: ConnectMLS)
  • A 2012 Ford Mustang. (Source: [1])
  • 28.8 Top end Ipads with Cell service. (Source: apple.com)
  • 31.4% of one year of an average Chicago public school teacher’s salary (Source: [2])
  • 55.4% of one year of an average rookie Chicago cop’s salary (Source: [3])
  • 871 shares of Facebook stock today.
  • 42 shares of Google stock today.
  • 19% of a single share of Berkshire Hathaway stock today.
    Stock sources: Google Finance

Average list price per square foot per month for:

  • Lakeview 2 bedroom rental (assuming 700 sq ft per 2 bed): $3.27
  • Lakeview 2 bedroom condo purchase distributed over 30 years: $1.30
  • Lakeview storefront rental up to 700 sq ft: $1.83
    Source: ConnectMLS

US National Interest rate averages as of mid-June 2012:

  • 36 month new car loan 3.44%
  • Standard 30 yr Fixed Mortgage: 4.21%
  • Stafford student loan: 6.8%
  • PLUS student loan: 8.5%
  • Average Business credit card w/o “rewards” APR: 13.13%
  • Average “Student” credit card APR: 13.16%
  • Target Credit Card: 25.24%
  • Chicago payday loan, repaid in 2 weeks: 405%
    Sources: (Bankrate.com, [4], [5], [6])

Base Rent rates for interesting commercial spaces:

  • 7500 sq ft of storefront space on Division in Wicker Park: $23750/mo
  • 8000 sq ft next to Circuit Nightclub on North Halsted: $13000/mo
  • 2400 sq ft former 7-11 with parking lot in Lincoln Square: $4800/mo
  • 6250 sq ft dog care facility w. equipment on Western in Roscoe Village: $3500/mo
  • 5000 sq ft church in Austin for Sunday afternoons and one weeknight: $1500/mo
    Source (Loopnet)