- This topic has 350 replies, 14 voices, and was last updated 15 years, 7 months ago by
macromaniac.
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February 23, 2009 at 3:37 PM #15141February 23, 2009 at 3:52 PM #352805
jpinpb
ParticipantThe impression of some is that it’s never going to end. I was trying to understand the strategy of extending foreclosures and it was explained on SDL “Delay foreclosures so some of those owners can benefit from one or another of the various foreclosure mitigation programs/actions underway or about to begin and keep their homes.”
So I guess the government is going to do everything possible to delay, procrastinate, refinance and delay further, write-down loans, artificially continue to prop up real estate prices, print money, steal from taxpayers and did I mention prop up real estate?
Yes. The bubble will not pop and all renters will be priced out forever b/c prices will not come down and there is no such thing as affordability factor and forget loan to income ratio. Nonsense.
Someone told me a median income will never afford you a median home in San Diego. And at this rate, I’m going to agree. /end frustration rant.
February 23, 2009 at 3:52 PM #353116ParticipantThe impression of some is that it’s never going to end. I was trying to understand the strategy of extending foreclosures and it was explained on SDL “Delay foreclosures so some of those owners can benefit from one or another of the various foreclosure mitigation programs/actions underway or about to begin and keep their homes.”
So I guess the government is going to do everything possible to delay, procrastinate, refinance and delay further, write-down loans, artificially continue to prop up real estate prices, print money, steal from taxpayers and did I mention prop up real estate?
Yes. The bubble will not pop and all renters will be priced out forever b/c prices will not come down and there is no such thing as affordability factor and forget loan to income ratio. Nonsense.
Someone told me a median income will never afford you a median home in San Diego. And at this rate, I’m going to agree. /end frustration rant.
February 23, 2009 at 3:52 PM #353248ParticipantThe impression of some is that it’s never going to end. I was trying to understand the strategy of extending foreclosures and it was explained on SDL “Delay foreclosures so some of those owners can benefit from one or another of the various foreclosure mitigation programs/actions underway or about to begin and keep their homes.”
So I guess the government is going to do everything possible to delay, procrastinate, refinance and delay further, write-down loans, artificially continue to prop up real estate prices, print money, steal from taxpayers and did I mention prop up real estate?
Yes. The bubble will not pop and all renters will be priced out forever b/c prices will not come down and there is no such thing as affordability factor and forget loan to income ratio. Nonsense.
Someone told me a median income will never afford you a median home in San Diego. And at this rate, I’m going to agree. /end frustration rant.
February 23, 2009 at 3:52 PM #353279ParticipantThe impression of some is that it’s never going to end. I was trying to understand the strategy of extending foreclosures and it was explained on SDL “Delay foreclosures so some of those owners can benefit from one or another of the various foreclosure mitigation programs/actions underway or about to begin and keep their homes.”
So I guess the government is going to do everything possible to delay, procrastinate, refinance and delay further, write-down loans, artificially continue to prop up real estate prices, print money, steal from taxpayers and did I mention prop up real estate?
Yes. The bubble will not pop and all renters will be priced out forever b/c prices will not come down and there is no such thing as affordability factor and forget loan to income ratio. Nonsense.
Someone told me a median income will never afford you a median home in San Diego. And at this rate, I’m going to agree. /end frustration rant.
February 23, 2009 at 3:52 PM #353380ParticipantThe impression of some is that it’s never going to end. I was trying to understand the strategy of extending foreclosures and it was explained on SDL “Delay foreclosures so some of those owners can benefit from one or another of the various foreclosure mitigation programs/actions underway or about to begin and keep their homes.”
So I guess the government is going to do everything possible to delay, procrastinate, refinance and delay further, write-down loans, artificially continue to prop up real estate prices, print money, steal from taxpayers and did I mention prop up real estate?
Yes. The bubble will not pop and all renters will be priced out forever b/c prices will not come down and there is no such thing as affordability factor and forget loan to income ratio. Nonsense.
Someone told me a median income will never afford you a median home in San Diego. And at this rate, I’m going to agree. /end frustration rant.
February 23, 2009 at 3:58 PM #352820sdrealtor
ParticipantThat somneone was me
February 23, 2009 at 3:58 PM #353131ParticipantThat somneone was me
February 23, 2009 at 3:58 PM #353263ParticipantThat somneone was me
February 23, 2009 at 3:58 PM #353294ParticipantThat somneone was me
February 23, 2009 at 3:58 PM #353395ParticipantThat somneone was me
February 23, 2009 at 3:59 PM #352825macromaniac
ParticipantJP,
Have no fear because Economics 101 is here! All these artificial means to keep prices over priced will soon come to an end my friend….it just will take a bit more time….
But in the end, Economics 101 will always prevail…and if it doesn’t the Governing People that we vote in to make decisions based upon the best interest of the people will prevail in a second American Revolution to overthrow these criminals….
History always repeats itself…..and just when you think it could never happen…well…it usually does….
In the meantime, I am a PROUD RENTER!
February 23, 2009 at 3:59 PM #353136ParticipantJP,
Have no fear because Economics 101 is here! All these artificial means to keep prices over priced will soon come to an end my friend….it just will take a bit more time….
But in the end, Economics 101 will always prevail…and if it doesn’t the Governing People that we vote in to make decisions based upon the best interest of the people will prevail in a second American Revolution to overthrow these criminals….
History always repeats itself…..and just when you think it could never happen…well…it usually does….
In the meantime, I am a PROUD RENTER!
February 23, 2009 at 3:59 PM #353268ParticipantJP,
Have no fear because Economics 101 is here! All these artificial means to keep prices over priced will soon come to an end my friend….it just will take a bit more time….
But in the end, Economics 101 will always prevail…and if it doesn’t the Governing People that we vote in to make decisions based upon the best interest of the people will prevail in a second American Revolution to overthrow these criminals….
History always repeats itself…..and just when you think it could never happen…well…it usually does….
In the meantime, I am a PROUD RENTER!
February 23, 2009 at 3:59 PM #353299ParticipantJP,
Have no fear because Economics 101 is here! All these artificial means to keep prices over priced will soon come to an end my friend….it just will take a bit more time….
But in the end, Economics 101 will always prevail…and if it doesn’t the Governing People that we vote in to make decisions based upon the best interest of the people will prevail in a second American Revolution to overthrow these criminals….
History always repeats itself…..and just when you think it could never happen…well…it usually does….
In the meantime, I am a PROUD RENTER!
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