Originally Posted by random

Well you and Sony have opened my eyes. No market research or analysis is necessary to set price; I have decided to price my home at U.S. $1.5 million and offer it to you first. If not sold, six months from now it will be the same price, just like Sony. I can't wait. I'm going to disney world!

So Europe does not have any poverty or crime or civil unrest. That's funny, I was pretty sure they actually do. I guess that's because Europe limits immigration and is comfortable openly oppressing, for example, the algerians and other immigrants -- those not "european." You have found the true paradise on earth in Europe. Maybe we should send all residents you mentioned earlier who are oppressed here to Europe to improve their quality of life.

PS: the moment Sony offered its toy at $600, it presented an invitation to bid that amount. You can bid less if you like and Sony might take it or might not, just like a house. I doubt they'd waste their time entertaining individual offers, but they can if they want. Likewise, homes are usually not sold at auction to bidders; they are offered for sale at a specific price. When that offer is accepted, the price becomes the market rate for that house. If the offered price is below market, interested buyers will offer above asking; if the price is above market, interested buyers will offer below asking. According to you, the offering price for the Sony toy is $600. If it won't sell at that price, the market will force price decline. If demand far outstrips supply, you will see them for sale for more than $600. Sony spent a lot of time and money determining what the market would pay for such a toy, how many would be bought at that rate, and what it would cost to make. It also determined it would make a profit on the difference or else it never would have launched it. Market will set the price. Pretty much the same for toys as houses.

Originally Posted by TheAdlerian

You basically proved my point about "market rate" being determined before the product hits the market. Without a doubt this is how real estate planning works.

Europe:

Why not look up the murder rates in some major cities and compare them to say, Philly. Then, you can explore what it's like to be "poor," perhaps "have less money" is a better term, in Europe.

Originally Posted by random

OK, we're off on a tangent here. Europe and most of the rest of the world certainly has a different culture than America and housing ownership prices, however you want to argue they are set, are above the level that many low income people can afford. Great.

Let's get back to raising children in north philly, which I take as how to develop the next generation in an area with high levels of poverty.

Originally Posted by Pineapple

Do kids in North Philly play outside like the used to or have video games played in the house taken over their playtime activities?

There is an increase in childhood obesity and I think these video games have something to do with it, but perhaps it is safer to stay inside now.

-PA

Originally Posted by drewrob23

First, I'll say that this isn't only happening in N.Philly. Video games have a part to play but you also have some parents that are worried about the violence that could pop off at any given moment, so they keep their children inside. But also, now adays kids have more choices indoors than they do outside. Where else could you play with your PSP, Playstation, XBOX or computer? Crime might also be a reason why parents by their kids these kinds of toys that seem to make you lazy.

On the obesity thing I think it has something to do with the food that's available in the neighorhood. When your only choices are fast food, Chinese take-out and horrible markets that would never sell that crap in the burbs or better parts of Philadelphia, you see that their are only a few results available. Some folks have never left their neighborhood to know that their are better markets out their like Wholefoods(more expensive but still better). Which seem to also have better sales and fresher products.

Originally Posted by keeptab

I'm not trying to be blog police, but where did the topic go.....if this thread isn't about "children in north philly",either RENAME it or talk about CHILDREN IN NORTH PHILLY!