For years we have talked people out of buying, telling them that the day of reckoning will come and they will be sorry.
I think we are nearing that day. Look at the financial news, we are all arm chair economists, the financial world is going to hell in a handbasket. I hope you have your financial house in order and are ready to strike because we are about to enter the overcorrection, one that will be talked about for decades. Buy a convertible while it’s raining, buy a gas guzzling SUV during a hurricane induced oil shortage, go on a vacation to a place right after a terrorist attack and get ready to buy a house while the financial services industry collapses. You can choose to wait this thing out, but once the storm stops and the sun shines through, you will not be alone. It is always better to run towards what others run away from.
Where will TG be tomorrow? I will be meeting a realtor at a repo. I’ll be the only one shopping tomorrow while the world watches the wamu collapse, capitol hill seize up and the dow tank. I’ll put in an offer that would seem obscene just a few months ago and it just may work. I am bidding right at 2001 prices, not much over mid 1990’s prices and i’ll probably get it, details will be provided after closing. JP morgan is buying mortgage debt for .35 on the dollar then so can I.
Everyone is scared, you can see the whites of their eyes, keep your eyes on the ball piggies, our time has come.
I will FLU. Nostra, my micro market is 6 months to a year ahead of yours, half off is childs play up here, the pain train just got fresh coal and is heading to your town sooner than you think but in my hood a 1500 sq ft condo rent is now the same cost of a 3000 sq ft mcmansion purchase after tax benefits are calculated. A hundred a square is the name of the game right now, in 1991 it was a hundred a square up here. With inflation, I actually think I’m going to pay pre 1991.
At 2x income, they could sell apples on the corner and have 20% unemployment and I wont care.
We aren’t that far away from the cover of TIME magazine decalring housing as dead.
I will FLU. Nostra, my micro market is 6 months to a year ahead of yours, half off is childs play up here, the pain train just got fresh coal and is heading to your town sooner than you think but in my hood a 1500 sq ft condo rent is now the same cost of a 3000 sq ft mcmansion purchase after tax benefits are calculated. A hundred a square is the name of the game right now, in 1991 it was a hundred a square up here. With inflation, I actually think I’m going to pay pre 1991.
At 2x income, they could sell apples on the corner and have 20% unemployment and I wont care.
We aren’t that far away from the cover of TIME magazine decalring housing as dead.
I will FLU. Nostra, my micro market is 6 months to a year ahead of yours, half off is childs play up here, the pain train just got fresh coal and is heading to your town sooner than you think but in my hood a 1500 sq ft condo rent is now the same cost of a 3000 sq ft mcmansion purchase after tax benefits are calculated. A hundred a square is the name of the game right now, in 1991 it was a hundred a square up here. With inflation, I actually think I’m going to pay pre 1991.
At 2x income, they could sell apples on the corner and have 20% unemployment and I wont care.
We aren’t that far away from the cover of TIME magazine decalring housing as dead.
I will FLU. Nostra, my micro market is 6 months to a year ahead of yours, half off is childs play up here, the pain train just got fresh coal and is heading to your town sooner than you think but in my hood a 1500 sq ft condo rent is now the same cost of a 3000 sq ft mcmansion purchase after tax benefits are calculated. A hundred a square is the name of the game right now, in 1991 it was a hundred a square up here. With inflation, I actually think I’m going to pay pre 1991.
At 2x income, they could sell apples on the corner and have 20% unemployment and I wont care.
We aren’t that far away from the cover of TIME magazine decalring housing as dead.
