- This topic has 380 replies, 43 voices, and was last updated 16 years, 6 months ago by
Multiplepropertyowner.
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AuthorPosts
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March 13, 2008 at 1:46 AM #12092March 13, 2008 at 2:38 AM #168458
kewp
ParticipantOh, we are much, much worse.
We sold at the top.
We are taking that money, adding what we save on property taxes/maintenance and are shorting the builders and financials. As the economy spirals into recession, consumer services as well. We harvest cash from the husks of bankrupt businesses like a parasite.
We wait.
We collect data, network and discuss.
We wait more.
We watch speculators twist on the knife.
We watch over-leveraged debtors go through all the myriad stages of grief.
We wait again.
And then, when all hope is lost, when real estate is the worst investment in the history of the world, when the cover of Time is a gutted foreclosure; only then do we feed.
We’ll cherry pick the best stuff for our families. The rest of the crap we pick up for pennies on the dollar to rent to people like you.
March 13, 2008 at 2:38 AM #168789kewp
ParticipantOh, we are much, much worse.
We sold at the top.
We are taking that money, adding what we save on property taxes/maintenance and are shorting the builders and financials. As the economy spirals into recession, consumer services as well. We harvest cash from the husks of bankrupt businesses like a parasite.
We wait.
We collect data, network and discuss.
We wait more.
We watch speculators twist on the knife.
We watch over-leveraged debtors go through all the myriad stages of grief.
We wait again.
And then, when all hope is lost, when real estate is the worst investment in the history of the world, when the cover of Time is a gutted foreclosure; only then do we feed.
We’ll cherry pick the best stuff for our families. The rest of the crap we pick up for pennies on the dollar to rent to people like you.
March 13, 2008 at 2:38 AM #168792kewp
ParticipantOh, we are much, much worse.
We sold at the top.
We are taking that money, adding what we save on property taxes/maintenance and are shorting the builders and financials. As the economy spirals into recession, consumer services as well. We harvest cash from the husks of bankrupt businesses like a parasite.
We wait.
We collect data, network and discuss.
We wait more.
We watch speculators twist on the knife.
We watch over-leveraged debtors go through all the myriad stages of grief.
We wait again.
And then, when all hope is lost, when real estate is the worst investment in the history of the world, when the cover of Time is a gutted foreclosure; only then do we feed.
We’ll cherry pick the best stuff for our families. The rest of the crap we pick up for pennies on the dollar to rent to people like you.
March 13, 2008 at 2:38 AM #168817kewp
ParticipantOh, we are much, much worse.
We sold at the top.
We are taking that money, adding what we save on property taxes/maintenance and are shorting the builders and financials. As the economy spirals into recession, consumer services as well. We harvest cash from the husks of bankrupt businesses like a parasite.
We wait.
We collect data, network and discuss.
We wait more.
We watch speculators twist on the knife.
We watch over-leveraged debtors go through all the myriad stages of grief.
We wait again.
And then, when all hope is lost, when real estate is the worst investment in the history of the world, when the cover of Time is a gutted foreclosure; only then do we feed.
We’ll cherry pick the best stuff for our families. The rest of the crap we pick up for pennies on the dollar to rent to people like you.
March 13, 2008 at 2:38 AM #168894kewp
ParticipantOh, we are much, much worse.
We sold at the top.
We are taking that money, adding what we save on property taxes/maintenance and are shorting the builders and financials. As the economy spirals into recession, consumer services as well. We harvest cash from the husks of bankrupt businesses like a parasite.
We wait.
We collect data, network and discuss.
We wait more.
We watch speculators twist on the knife.
We watch over-leveraged debtors go through all the myriad stages of grief.
We wait again.
And then, when all hope is lost, when real estate is the worst investment in the history of the world, when the cover of Time is a gutted foreclosure; only then do we feed.
We’ll cherry pick the best stuff for our families. The rest of the crap we pick up for pennies on the dollar to rent to people like you.
March 13, 2008 at 3:27 AM #168463Ex-SD
ParticipantDo I hear a FB at the wailing wall? Or is it Alex Angel with a new alias? Maybe both?
Waaaaaaaaaaaaaaa Waaaaaaaaaaaaaa Waaaaaaaaaaaa
I think he/she is saying: “I’m angry because you guys are telling it like it really is and all of you are the reason that my house (that I paid too much for) is headed back to it’s real value.”
Waaaaaaaaaaaaaa Waaaaaaaaaaaaaaaaaaa Waaaaaaaaaaaaaaa
March 13, 2008 at 3:27 AM #168794Ex-SD
ParticipantDo I hear a FB at the wailing wall? Or is it Alex Angel with a new alias? Maybe both?
Waaaaaaaaaaaaaaa Waaaaaaaaaaaaaa Waaaaaaaaaaaa
I think he/she is saying: “I’m angry because you guys are telling it like it really is and all of you are the reason that my house (that I paid too much for) is headed back to it’s real value.”
Waaaaaaaaaaaaaa Waaaaaaaaaaaaaaaaaaa Waaaaaaaaaaaaaaa
March 13, 2008 at 3:27 AM #168796Ex-SD
ParticipantDo I hear a FB at the wailing wall? Or is it Alex Angel with a new alias? Maybe both?
Waaaaaaaaaaaaaaa Waaaaaaaaaaaaaa Waaaaaaaaaaaa
I think he/she is saying: “I’m angry because you guys are telling it like it really is and all of you are the reason that my house (that I paid too much for) is headed back to it’s real value.”
Waaaaaaaaaaaaaa Waaaaaaaaaaaaaaaaaaa Waaaaaaaaaaaaaaa
March 13, 2008 at 3:27 AM #168822Ex-SD
ParticipantDo I hear a FB at the wailing wall? Or is it Alex Angel with a new alias? Maybe both?
Waaaaaaaaaaaaaaa Waaaaaaaaaaaaaa Waaaaaaaaaaaa
I think he/she is saying: “I’m angry because you guys are telling it like it really is and all of you are the reason that my house (that I paid too much for) is headed back to it’s real value.”
Waaaaaaaaaaaaaa Waaaaaaaaaaaaaaaaaaa Waaaaaaaaaaaaaaa
March 13, 2008 at 3:27 AM #168899Ex-SD
ParticipantDo I hear a FB at the wailing wall? Or is it Alex Angel with a new alias? Maybe both?
Waaaaaaaaaaaaaaa Waaaaaaaaaaaaaa Waaaaaaaaaaaa
I think he/she is saying: “I’m angry because you guys are telling it like it really is and all of you are the reason that my house (that I paid too much for) is headed back to it’s real value.”
Waaaaaaaaaaaaaa Waaaaaaaaaaaaaaaaaaa Waaaaaaaaaaaaaaa
March 13, 2008 at 4:45 AM #168468lostkitty
ParticipantStop kidding yourself Vertigo. Most people came to Piggington because they could not afford to buy a HOME without having to take out an unsafe loan.
These are people with good incomes… priced out. Some San Diego natives – priced out of their own hometowns! Out of frustration they started looking for answers and found them here.Yes, I guess you could call me a vulture for waiting with my cash to buy a place. But I wait in upstate NY where I moved because I could only afford the lifestyle I wanted here. I wait freezing my a$$ off.
Turns out that although chilly, life here is pretty, pretty, pretty good, and i like raising my kids here – so now I wait to buy a vacation place only in SanDiego – which, yes, I will rent out during the year… but I do so with money saved by making an enormous personal sacrifice.
People who took out adjustable rate loans based on their fantasy that real estate always goes up are the real “greedy” ones you should be spewing your venom at. They are the cause of this – along with their mortgage “professionals”.
Get an education Vertigo and you wont find yourself in such a stage of nausea ever again… You too could avoid the pitfalls of the “too good to be true” offers which land people in trouble eventually.
March 13, 2008 at 4:45 AM #168798lostkitty
ParticipantStop kidding yourself Vertigo. Most people came to Piggington because they could not afford to buy a HOME without having to take out an unsafe loan.
These are people with good incomes… priced out. Some San Diego natives – priced out of their own hometowns! Out of frustration they started looking for answers and found them here.Yes, I guess you could call me a vulture for waiting with my cash to buy a place. But I wait in upstate NY where I moved because I could only afford the lifestyle I wanted here. I wait freezing my a$$ off.
Turns out that although chilly, life here is pretty, pretty, pretty good, and i like raising my kids here – so now I wait to buy a vacation place only in SanDiego – which, yes, I will rent out during the year… but I do so with money saved by making an enormous personal sacrifice.
People who took out adjustable rate loans based on their fantasy that real estate always goes up are the real “greedy” ones you should be spewing your venom at. They are the cause of this – along with their mortgage “professionals”.
Get an education Vertigo and you wont find yourself in such a stage of nausea ever again… You too could avoid the pitfalls of the “too good to be true” offers which land people in trouble eventually.
March 13, 2008 at 4:45 AM #168800lostkitty
ParticipantStop kidding yourself Vertigo. Most people came to Piggington because they could not afford to buy a HOME without having to take out an unsafe loan.
These are people with good incomes… priced out. Some San Diego natives – priced out of their own hometowns! Out of frustration they started looking for answers and found them here.Yes, I guess you could call me a vulture for waiting with my cash to buy a place. But I wait in upstate NY where I moved because I could only afford the lifestyle I wanted here. I wait freezing my a$$ off.
Turns out that although chilly, life here is pretty, pretty, pretty good, and i like raising my kids here – so now I wait to buy a vacation place only in SanDiego – which, yes, I will rent out during the year… but I do so with money saved by making an enormous personal sacrifice.
People who took out adjustable rate loans based on their fantasy that real estate always goes up are the real “greedy” ones you should be spewing your venom at. They are the cause of this – along with their mortgage “professionals”.
Get an education Vertigo and you wont find yourself in such a stage of nausea ever again… You too could avoid the pitfalls of the “too good to be true” offers which land people in trouble eventually.
March 13, 2008 at 4:45 AM #168828lostkitty
ParticipantStop kidding yourself Vertigo. Most people came to Piggington because they could not afford to buy a HOME without having to take out an unsafe loan.
These are people with good incomes… priced out. Some San Diego natives – priced out of their own hometowns! Out of frustration they started looking for answers and found them here.Yes, I guess you could call me a vulture for waiting with my cash to buy a place. But I wait in upstate NY where I moved because I could only afford the lifestyle I wanted here. I wait freezing my a$$ off.
Turns out that although chilly, life here is pretty, pretty, pretty good, and i like raising my kids here – so now I wait to buy a vacation place only in SanDiego – which, yes, I will rent out during the year… but I do so with money saved by making an enormous personal sacrifice.
People who took out adjustable rate loans based on their fantasy that real estate always goes up are the real “greedy” ones you should be spewing your venom at. They are the cause of this – along with their mortgage “professionals”.
Get an education Vertigo and you wont find yourself in such a stage of nausea ever again… You too could avoid the pitfalls of the “too good to be true” offers which land people in trouble eventually.
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