A comparison of 1.5% to 1% is bogus even before the division (mentioning it since the statistics police became involved).
Probably you meant 1.0%, If on a large enough sample, I’d say the 50% was meaningful if you were talking about death rates (or the actuarial indicated cost of flood or earthquake insurance).
Not a big deal on TCA spoiled wine rates.
Depends on context. When the numbers are really small, then the precision impacts the calculation. A 1% rate (not 1.0%) can only change by a minimum of +/- 100% .
The answer is always Zero. Multiply 3 x 0 is still Zero. Can’t fool me
But really this has been the standard forever. Why answer a question that when I respond in truth isnt going to be believed and used against me anyways?
Prosecutors say the alleged crimes are violations of the post-Prohibition “three tier” system governing the sale of alcohol. Alcohol producers, distributors and retailers must operate independently to promote competition. But according to the indictments, the scheme directly violated those rules: Employees of alcohol producers like Deutsch Family Wine and Spirits bribed Southern Glazer’s employees for distribution, while Southern Glazer’s employees bribed an
Oops, got cut off. Basically wineries were bribing Glazer and Glazer was then bribing the grocery stores.
With the number of people involved it’s shocking it didn’t blow up much earlier.
The fact that Glazer is a private company definitely facilitated the scheme. Tough to pull this kind of stuff off in a public company.
Here is an interesting article from the High-End Residential Real Estate perspective in California, where ‘wellness space’ is currently more in demand than wine cellars, according to some Realtors.
Daily living is more expensive than ever (rent & mortgage make up a big reason why).
Wine is rather expensive.
There are 500,000 different wine brands/labels.
So many other alcohol choices in Seltzers, Beer, Spirits
THC/CDB Gummies, vape pens, flower weed is much easier to buy than ever.
People are more health consciousness (lotta drug/alcoholism/mental health issues in families).
Maybe it’s different closer to Wine country but I sold several homes over the years of Friends with Wine cellars. The buyer response was always identical. Wow that’s really cool! Followed by how much is it gonna cost me to get rid of that? My experience is they not only don’t add value, but they take value away unless you find the unicorn buyer that wants a wine cellar
You also live somewhere where there aren’t basements. Every 2+m house on the market here has a wine cellar, some of them are very nice, others not so much.
And so does every 10m+ one in CA…because that’s about the equivalent buyer.
I’d think the issue is when a home owner is putting a cellar into a fairly regular sqft home. Most normal people would want that space for something else.
We called that ‘functional obsolescence’ when I was a Real Estate Appraiser. Same with swimming pools, spas, tennis courts, etc. Great for some buyers but no so much for the majority of the home-buying market.
These were homes that are now in the $2 to 4 million range with 3200 to 4500 sq ft. For most people it is wasted square footage often in a prime area of the home
A bunch aren’t up anymore. We just finished up helping my parents close on a house here so we toured many properties in the last 3-6 months. A lot of the houses you posted are in the city, not here, only the albatross powers run road house is near us, it’s been for sale for 3+ years. There’s only a handful of houses for sale here in this neighborhood now (although I’m sure there will be a deluge in the next few months)
