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December 17, 2007 at 10:06 AM #119208December 17, 2007 at 10:06 AM #118991SD RealtorParticipant
James if I was at the party I would have been quite comical. I cannot say exactly what would have happened because I sincerely do not know. It could have deteriorated into a name calling frenzy or it could have been kept more civil (highly doubtful). Wife said he had a couple of drinks in him and I don’t drink at all so who knows how it would have turned out. I would have spoke my peace though.
In all I imagine it would have been far worse if I was there but I cannot help but think it would have been fun.
SD Realtor
December 17, 2007 at 10:06 AM #119125SD RealtorParticipantJames if I was at the party I would have been quite comical. I cannot say exactly what would have happened because I sincerely do not know. It could have deteriorated into a name calling frenzy or it could have been kept more civil (highly doubtful). Wife said he had a couple of drinks in him and I don’t drink at all so who knows how it would have turned out. I would have spoke my peace though.
In all I imagine it would have been far worse if I was there but I cannot help but think it would have been fun.
SD Realtor
December 17, 2007 at 10:06 AM #119157SD RealtorParticipantJames if I was at the party I would have been quite comical. I cannot say exactly what would have happened because I sincerely do not know. It could have deteriorated into a name calling frenzy or it could have been kept more civil (highly doubtful). Wife said he had a couple of drinks in him and I don’t drink at all so who knows how it would have turned out. I would have spoke my peace though.
In all I imagine it would have been far worse if I was there but I cannot help but think it would have been fun.
SD Realtor
December 17, 2007 at 10:06 AM #119200SD RealtorParticipantJames if I was at the party I would have been quite comical. I cannot say exactly what would have happened because I sincerely do not know. It could have deteriorated into a name calling frenzy or it could have been kept more civil (highly doubtful). Wife said he had a couple of drinks in him and I don’t drink at all so who knows how it would have turned out. I would have spoke my peace though.
In all I imagine it would have been far worse if I was there but I cannot help but think it would have been fun.
SD Realtor
December 17, 2007 at 10:06 AM #119218SD RealtorParticipantJames if I was at the party I would have been quite comical. I cannot say exactly what would have happened because I sincerely do not know. It could have deteriorated into a name calling frenzy or it could have been kept more civil (highly doubtful). Wife said he had a couple of drinks in him and I don’t drink at all so who knows how it would have turned out. I would have spoke my peace though.
In all I imagine it would have been far worse if I was there but I cannot help but think it would have been fun.
SD Realtor
December 17, 2007 at 11:01 AM #119081Diego MamaniParticipantIf someone can pay 2000 dollars a month for interest only loan, they won’t be on the street. I don’t know why people think that every foreclosure throw people out on the street.
Well said, Arty. I’m sick of reading or hearing that “families may lose their homes” on newspapers and news shows. How can you lose something that you don’t really own?
We have young families who bought houses they couldn’t afford, with little or nothing down. If their house is foreclosed, they’ll just go back to being renters. Is that so abonimable?
Bailouts and increasing FHA limits will only prolong the pain by keeping house prices inflated for a long time. Let the market work and correct itself! The sooner the better.
Can the government help? Yes! The goevrnment could threaten to take over and auction any abandoned house. That’ll keep prices low so that more families can afford a house!
December 17, 2007 at 11:01 AM #119215Diego MamaniParticipantIf someone can pay 2000 dollars a month for interest only loan, they won’t be on the street. I don’t know why people think that every foreclosure throw people out on the street.
Well said, Arty. I’m sick of reading or hearing that “families may lose their homes” on newspapers and news shows. How can you lose something that you don’t really own?
We have young families who bought houses they couldn’t afford, with little or nothing down. If their house is foreclosed, they’ll just go back to being renters. Is that so abonimable?
Bailouts and increasing FHA limits will only prolong the pain by keeping house prices inflated for a long time. Let the market work and correct itself! The sooner the better.
Can the government help? Yes! The goevrnment could threaten to take over and auction any abandoned house. That’ll keep prices low so that more families can afford a house!
December 17, 2007 at 11:01 AM #119247Diego MamaniParticipantIf someone can pay 2000 dollars a month for interest only loan, they won’t be on the street. I don’t know why people think that every foreclosure throw people out on the street.
Well said, Arty. I’m sick of reading or hearing that “families may lose their homes” on newspapers and news shows. How can you lose something that you don’t really own?
We have young families who bought houses they couldn’t afford, with little or nothing down. If their house is foreclosed, they’ll just go back to being renters. Is that so abonimable?
Bailouts and increasing FHA limits will only prolong the pain by keeping house prices inflated for a long time. Let the market work and correct itself! The sooner the better.
Can the government help? Yes! The goevrnment could threaten to take over and auction any abandoned house. That’ll keep prices low so that more families can afford a house!
December 17, 2007 at 11:01 AM #119289Diego MamaniParticipantIf someone can pay 2000 dollars a month for interest only loan, they won’t be on the street. I don’t know why people think that every foreclosure throw people out on the street.
Well said, Arty. I’m sick of reading or hearing that “families may lose their homes” on newspapers and news shows. How can you lose something that you don’t really own?
We have young families who bought houses they couldn’t afford, with little or nothing down. If their house is foreclosed, they’ll just go back to being renters. Is that so abonimable?
Bailouts and increasing FHA limits will only prolong the pain by keeping house prices inflated for a long time. Let the market work and correct itself! The sooner the better.
Can the government help? Yes! The goevrnment could threaten to take over and auction any abandoned house. That’ll keep prices low so that more families can afford a house!
December 17, 2007 at 11:01 AM #119308Diego MamaniParticipantIf someone can pay 2000 dollars a month for interest only loan, they won’t be on the street. I don’t know why people think that every foreclosure throw people out on the street.
Well said, Arty. I’m sick of reading or hearing that “families may lose their homes” on newspapers and news shows. How can you lose something that you don’t really own?
We have young families who bought houses they couldn’t afford, with little or nothing down. If their house is foreclosed, they’ll just go back to being renters. Is that so abonimable?
Bailouts and increasing FHA limits will only prolong the pain by keeping house prices inflated for a long time. Let the market work and correct itself! The sooner the better.
Can the government help? Yes! The goevrnment could threaten to take over and auction any abandoned house. That’ll keep prices low so that more families can afford a house!
December 17, 2007 at 11:08 AM #119096Allan from FallbrookParticipantSDR: One of the coaches in our league owns a Southland Title office. I offhandedly asked how business was (not thinking about his line of work, and just making conversation), and you would’ve thought I smacked his kid in the head.
I belatedly realized my faux pas, but the stricken look on his face said it all. Quite a few folks in town are in FIRE and, as of late, don’t seem very inclined to talk about business, or the RE markets, or anything related to them. Bear in mind, these same folks 2+ yrs ago would NOT shut up. I got very used to being the stick in the mud when I would bring up boom and bust cycles, or when I asked how their clients were qualifying for loans. At the time, it was just understood that I didn’t “get it”.
December 17, 2007 at 11:08 AM #119229Allan from FallbrookParticipantSDR: One of the coaches in our league owns a Southland Title office. I offhandedly asked how business was (not thinking about his line of work, and just making conversation), and you would’ve thought I smacked his kid in the head.
I belatedly realized my faux pas, but the stricken look on his face said it all. Quite a few folks in town are in FIRE and, as of late, don’t seem very inclined to talk about business, or the RE markets, or anything related to them. Bear in mind, these same folks 2+ yrs ago would NOT shut up. I got very used to being the stick in the mud when I would bring up boom and bust cycles, or when I asked how their clients were qualifying for loans. At the time, it was just understood that I didn’t “get it”.
December 17, 2007 at 11:08 AM #119261Allan from FallbrookParticipantSDR: One of the coaches in our league owns a Southland Title office. I offhandedly asked how business was (not thinking about his line of work, and just making conversation), and you would’ve thought I smacked his kid in the head.
I belatedly realized my faux pas, but the stricken look on his face said it all. Quite a few folks in town are in FIRE and, as of late, don’t seem very inclined to talk about business, or the RE markets, or anything related to them. Bear in mind, these same folks 2+ yrs ago would NOT shut up. I got very used to being the stick in the mud when I would bring up boom and bust cycles, or when I asked how their clients were qualifying for loans. At the time, it was just understood that I didn’t “get it”.
December 17, 2007 at 11:08 AM #119304Allan from FallbrookParticipantSDR: One of the coaches in our league owns a Southland Title office. I offhandedly asked how business was (not thinking about his line of work, and just making conversation), and you would’ve thought I smacked his kid in the head.
I belatedly realized my faux pas, but the stricken look on his face said it all. Quite a few folks in town are in FIRE and, as of late, don’t seem very inclined to talk about business, or the RE markets, or anything related to them. Bear in mind, these same folks 2+ yrs ago would NOT shut up. I got very used to being the stick in the mud when I would bring up boom and bust cycles, or when I asked how their clients were qualifying for loans. At the time, it was just understood that I didn’t “get it”.
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