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[scaredyclassic]

The story on how Putin likely came to power is bone chilling.

Basically he was minister of war under Yeltsin, who was facing corruption scandals. An election for president was coming up. Putin was polling at 2 percent. A series of bombings in apt buildings was killing Russian civilians, hundreds. Putin said it was Chechen rebels and went to war. Six months later he was president, absolved Yeltsin.

The evidence is very very strong that it was Putin and the secret police who did the bombings, not the Chechens, as a pretext for war. That you can read about in depth, lots of investigative journaling on that.

Based on that, odds of a nuclear war are probably more like 1:50.

[Coronita]

[quote=scaredyclassic]The story on how Putin likely came to power is bone chilling.

Basically he was minister of war under Yeltsin, who was facing corruption scandals. An election for president was coming up. Putin was polling at 2 percent. A series of bombings in apt buildings was killing Russian civilians, hundreds. Putin said it was Chechen rebels and went to war. Six months later he was president, absolved Yeltsin.

The evidence is very very strong that it was Putin and the secret police who did the bombings, not the Chechens, as a pretext for war. That you can read about in depth, lots of investigative journaling on that.

Based on that, odds of a nuclear war are probably more like 1:50.[/quote]

Wrong thread. But ok we are all dead. No big deal.

[flyer]

Yes, Scaredy, those possibilities make our little real estate issues seem even more insignificant, as those, and we, are in the end, anyway.

Still have hope that things will get better–especially for the people of Ukraine who are having to deal with the realities of this horrible situation every day for no reason other than the ego of a “high-functioning” psychopath–the worst kind–so will check back in on the other thread from time to time to see the opinions.

[The-Shoveler]

Dilbert had a good one today matching this thread.

“Can’t work remotely”

https://dilbert.com/strip/2022-03-06

[sdrealtor]

One thing I think gets missed is how small our market is. It only takes about 5 to 10 new buyers a month to collectively change/support our strongest markets. We dont even need new folks coming here to WFH remotely. Simply a change in preferences from local hybrid workers to want to live in a bigger/nicer home changes our market. There is so much going on here

[scaredyclassic]

[quote=Coronita][quote=scaredyclassic]The story on how Putin likely came to power is bone chilling.

Basically he was minister of war under Yeltsin, who was facing corruption scandals. An election for president was coming up. Putin was polling at 2 percent. A series of bombings in apt buildings was killing Russian civilians, hundreds. Putin said it was Chechen rebels and went to war. Six months later he was president, absolved Yeltsin.

The evidence is very very strong that it was Putin and the secret police who did the bombings, not the Chechens, as a pretext for war. That you can read about in depth, lots of investigative journaling on that.

Based on that, odds of a nuclear war are probably more like 1:50.[/quote]

Wrong thread. But ok we are all dead. No big deal.[/quote]

I got lost in the fog of war and attacked the wrong thread. Did not mean that real estate or money issues were trivial.

[Anonymous]

[quote=an]sdr, exactly! There are many things we can’t change and don’t agree with. That doesn’t mean we can’t take advantage of the situation. Prop 13 and the environmentalists are the reasons I will keep on buying and not sell. At this point, I’m just hoping dz is right, so I can buy more if we see another crash. So, bring it! I’m ready![/quote]

That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.

[an]

[quote=deadzone]That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.[/quote]
The country would disagree with you that a crash would be good. Many people were hurt the last time around. The rich people were the ones who were able to take the most advantage of the last crash.

Either way, I’m set up to take full advantage of whether we see a crash or a repeat of 1970s

[Coronita]

[quote=deadzone][quote=an]sdr, exactly! There are many things we can’t change and don’t agree with. That doesn’t mean we can’t take advantage of the situation. Prop 13 and the environmentalists are the reasons I will keep on buying and not sell. At this point, I’m just hoping dz is right, so I can buy more if we see another crash. So, bring it! I’m ready![/quote]

That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.[/quote]

Lol, just because we don’t agree with you that RE is going to crash for the reasons you say they will, doesn’t mean we are afraid of it crashing. Like I said, we don’t *need* real estate crash in order to have the opportunity to buy.

Bring it.

But since you previously talked about “selfishness”, it’s mightly selfish to wish others would have a financial turmoil just so you would personally benefit from it, after missing out the previous opportunity, right?

But *if* the economy crashes, it would interesting to see who can buy, if everyone ends up jobless..Hypothetically, if the economy crashes, and you end up unemployed DZ, would you have the financial means to buy a home? Because… For the finance turmoil you are hoping for, you are kidding yourself if you think you would magically not be affected…There’s always a financial ladder pecking order. It’s a question of who falls off the ladder first and how long people can hold on before things get better . Just like the real estate meltdown in 2008-9….Those that were properly capitalized then were able to buy then…Not everyone was able to though…Those that were able to hold on, are doing fine now….So…Be careful what you wish for…

[sdrealtor]

[quote=deadzone][quote=an]sdr, exactly! There are many things we can’t change and don’t agree with. That doesn’t mean we can’t take advantage of the situation. Prop 13 and the environmentalists are the reasons I will keep on buying and not sell. At this point, I’m just hoping dz is right, so I can buy more if we see another crash. So, bring it! I’m ready![/quote]

That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.[/quote]

You called? My ducks are very much in a row and my best years by a very large margin were in downturns. Who said Im not behind it? Im just pragmatic and reporting on what I see out there not what Id wish for

[sdrealtor]

[quote=Coronita][quote=deadzone][quote=an]sdr, exactly! There are many things we can’t change and don’t agree with. That doesn’t mean we can’t take advantage of the situation. Prop 13 and the environmentalists are the reasons I will keep on buying and not sell. At this point, I’m just hoping dz is right, so I can buy more if we see another crash. So, bring it! I’m ready![/quote]

That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.[/quote]

Lol, just because we don’t agree with you that RE is going to crash for the reasons you say they will, doesn’t mean we are afraid of it crashing. Like I said, we don’t *need* real estate crash in order to have the opportunity to buy.

Bring it.

But since you previously talked about “selfishness”, it’s mightly selfish to wish others would have a financial turmoil just so you would personally benefit from it, after missing out the previous opportunity, right?

But *if* the economy crashes, it would interesting to see who can buy, if everyone ends up jobless..Hypothetically, if the economy crashes, and you end up unemployed DZ, would you have the financial means to buy a home? Because… For the finance turmoil you are hoping for, you are kidding yourself if you think you would magically not be affected…There’s always a financial ladder pecking order. It’s a question of who falls off the ladder first and how long people can hold on before things get better . Just like the real estate meltdown in 2008-9….Those that were properly capitalized then were able to buy then…Not everyone was able to though…Those that were able to hold on, are doing fine now….So…Be careful what you wish for…[/quote]

Good point FLU.I lost count of how many doctors and lawyers I saw move from Carmel Valley/Encinitas/Carlsbad to RSF, DM and LJ during the downturn. They kept their old homes as rentals until things recovered. A bunch I know sold them for more than the trophy homes they bought during the downturn.

[Anonymous]

[quote=sdrealtor][quote=deadzone][quote=an]sdr, exactly! There are many things we can’t change and don’t agree with. That doesn’t mean we can’t take advantage of the situation. Prop 13 and the environmentalists are the reasons I will keep on buying and not sell. At this point, I’m just hoping dz is right, so I can buy more if we see another crash. So, bring it! I’m ready![/quote]

That’s the spirit!
A crash/correction will be a good thing for the country. I don’t understand why it hurts SDR and some others so much to think about it. If his financial ducks were in a row, he would be able to get behind a crash too! But I’m just pointing out the obvious signals are flashing RED right now.[/quote]

You called? My ducks are very much in a row and my best years by a very large margin were in downturns. Who said Im not behind it? Im just pragmatic and reporting on what I see out there not what Id wish for[/quote]

And I’m just being pragmatic too. If signs point to a major correction/crash, it is good to accept that and plan for it. Seems like we agree that inflation is out of control and that is not a good thing for the general populace. The only way this inflation is going to get under control is a crash of the current asset bubble. Looks fairly certain that the Fed is going to engineer this crash of the bubble they created.

[sdrealtor]

Once again the passage of time gets dismissed. W dont need a crash to fix this. A moderate correction over several years would take care of it also.

Im fine with whatever and have myself locked in everyway I’ll ever need. Just heard Total Wine is coming to Encinitas. I may consider picking up a p/t gig so I can spend more time talking about wine. Certainly wouldnt do it for the money

[Anonymous]

But yes the general population is screwed either way. Unabated inflation destroys the lower to middle class more than wealthy class. But if the asset markets crash, guess what, the Fed will bail out their wealthy banker friends just like last time, while unemployment goes up for everyone else.

At some point the pitchforks will need to come out. If the us population can get that riled up about the George Floyd incident, imagine what will happen when they realize they can’t afford the latest iphone?

[sdrealtor]

Ok you just keep talking yourself out of doing things while I talk myself into buying more fermented grape juice than I could ever drink in a lifetime

[Author]

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