- This topic has 495 replies, 41 voices, and was last updated 16 years, 11 months ago by surveyor.
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December 9, 2007 at 10:48 PM #112868December 9, 2007 at 10:51 PM #112675RaybyrnesParticipant
Multiplepropert
I think you are right. There are people who had money and could not pull the trigger. They missed the run up. You could say it was a speculators market so even if you didn’t have money you could have fudged the paperwork and you would have participated in the run up.
But I think there are enough people who just didn’t have the money or jobs to be able to comfortably think about buying. At some point it just was not prudent.
My father is routinely late to the game. He loves to buy high and sell low. He was all over me to buy in 2004. By this point I had a decison to make. I could have afforded a place but I just couldn’t see how it made sense realative to what I was paying to rent. I also looked at what people earn in San Diego and could not see how alll these homes were being bought. I chose to sit on the sidelines.
So did I miss the boat. You have to know when it is going to take off to actually miss it. By this, one has to have a conscious decision.
If a real estate bubble presents itself again and I choose not to particiapte I would agree with you that I missed the boat.
December 9, 2007 at 10:51 PM #112792RaybyrnesParticipantMultiplepropert
I think you are right. There are people who had money and could not pull the trigger. They missed the run up. You could say it was a speculators market so even if you didn’t have money you could have fudged the paperwork and you would have participated in the run up.
But I think there are enough people who just didn’t have the money or jobs to be able to comfortably think about buying. At some point it just was not prudent.
My father is routinely late to the game. He loves to buy high and sell low. He was all over me to buy in 2004. By this point I had a decison to make. I could have afforded a place but I just couldn’t see how it made sense realative to what I was paying to rent. I also looked at what people earn in San Diego and could not see how alll these homes were being bought. I chose to sit on the sidelines.
So did I miss the boat. You have to know when it is going to take off to actually miss it. By this, one has to have a conscious decision.
If a real estate bubble presents itself again and I choose not to particiapte I would agree with you that I missed the boat.
December 9, 2007 at 10:51 PM #112831RaybyrnesParticipantMultiplepropert
I think you are right. There are people who had money and could not pull the trigger. They missed the run up. You could say it was a speculators market so even if you didn’t have money you could have fudged the paperwork and you would have participated in the run up.
But I think there are enough people who just didn’t have the money or jobs to be able to comfortably think about buying. At some point it just was not prudent.
My father is routinely late to the game. He loves to buy high and sell low. He was all over me to buy in 2004. By this point I had a decison to make. I could have afforded a place but I just couldn’t see how it made sense realative to what I was paying to rent. I also looked at what people earn in San Diego and could not see how alll these homes were being bought. I chose to sit on the sidelines.
So did I miss the boat. You have to know when it is going to take off to actually miss it. By this, one has to have a conscious decision.
If a real estate bubble presents itself again and I choose not to particiapte I would agree with you that I missed the boat.
December 9, 2007 at 10:51 PM #112839RaybyrnesParticipantMultiplepropert
I think you are right. There are people who had money and could not pull the trigger. They missed the run up. You could say it was a speculators market so even if you didn’t have money you could have fudged the paperwork and you would have participated in the run up.
But I think there are enough people who just didn’t have the money or jobs to be able to comfortably think about buying. At some point it just was not prudent.
My father is routinely late to the game. He loves to buy high and sell low. He was all over me to buy in 2004. By this point I had a decison to make. I could have afforded a place but I just couldn’t see how it made sense realative to what I was paying to rent. I also looked at what people earn in San Diego and could not see how alll these homes were being bought. I chose to sit on the sidelines.
So did I miss the boat. You have to know when it is going to take off to actually miss it. By this, one has to have a conscious decision.
If a real estate bubble presents itself again and I choose not to particiapte I would agree with you that I missed the boat.
December 9, 2007 at 10:51 PM #112873RaybyrnesParticipantMultiplepropert
I think you are right. There are people who had money and could not pull the trigger. They missed the run up. You could say it was a speculators market so even if you didn’t have money you could have fudged the paperwork and you would have participated in the run up.
But I think there are enough people who just didn’t have the money or jobs to be able to comfortably think about buying. At some point it just was not prudent.
My father is routinely late to the game. He loves to buy high and sell low. He was all over me to buy in 2004. By this point I had a decison to make. I could have afforded a place but I just couldn’t see how it made sense realative to what I was paying to rent. I also looked at what people earn in San Diego and could not see how alll these homes were being bought. I chose to sit on the sidelines.
So did I miss the boat. You have to know when it is going to take off to actually miss it. By this, one has to have a conscious decision.
If a real estate bubble presents itself again and I choose not to particiapte I would agree with you that I missed the boat.
December 9, 2007 at 10:53 PM #112680MultiplepropertyownerParticipant“Other than being antagonistic, what is your reason for even posting here?? If you feel that the majority of the posters here are jealous bitter renters, then why are you wasting time posting here?”
JWM,
Do you read the entire thread, or just proof text?
http://en.wikipedia.org/wiki/ProoftextP.S. Since you ask, here is why I post in order:
1. It’s a better addiction then porn.
2. Cause when people say stupid stuff like you, I read it to my wife and we laugh at you.December 9, 2007 at 10:53 PM #112797MultiplepropertyownerParticipant“Other than being antagonistic, what is your reason for even posting here?? If you feel that the majority of the posters here are jealous bitter renters, then why are you wasting time posting here?”
JWM,
Do you read the entire thread, or just proof text?
http://en.wikipedia.org/wiki/ProoftextP.S. Since you ask, here is why I post in order:
1. It’s a better addiction then porn.
2. Cause when people say stupid stuff like you, I read it to my wife and we laugh at you.December 9, 2007 at 10:53 PM #112836MultiplepropertyownerParticipant“Other than being antagonistic, what is your reason for even posting here?? If you feel that the majority of the posters here are jealous bitter renters, then why are you wasting time posting here?”
JWM,
Do you read the entire thread, or just proof text?
http://en.wikipedia.org/wiki/ProoftextP.S. Since you ask, here is why I post in order:
1. It’s a better addiction then porn.
2. Cause when people say stupid stuff like you, I read it to my wife and we laugh at you.December 9, 2007 at 10:53 PM #112844MultiplepropertyownerParticipant“Other than being antagonistic, what is your reason for even posting here?? If you feel that the majority of the posters here are jealous bitter renters, then why are you wasting time posting here?”
JWM,
Do you read the entire thread, or just proof text?
http://en.wikipedia.org/wiki/ProoftextP.S. Since you ask, here is why I post in order:
1. It’s a better addiction then porn.
2. Cause when people say stupid stuff like you, I read it to my wife and we laugh at you.December 9, 2007 at 10:53 PM #112878MultiplepropertyownerParticipant“Other than being antagonistic, what is your reason for even posting here?? If you feel that the majority of the posters here are jealous bitter renters, then why are you wasting time posting here?”
JWM,
Do you read the entire thread, or just proof text?
http://en.wikipedia.org/wiki/ProoftextP.S. Since you ask, here is why I post in order:
1. It’s a better addiction then porn.
2. Cause when people say stupid stuff like you, I read it to my wife and we laugh at you.December 9, 2007 at 10:57 PM #112686AnonymousGuest“One day you and I can sit down and compare how many whiffs we have had that have nothing to do with real estate. I think I could give you a run for your money but you my friend are a player…
GREAT POST.”
I’ll give you both a run for your money: I’m bitter that I married a deadbeat who drug me through the mud onto the brink of financial ruin. I stayed for ten years after I got knocked up (love the kid though).
Missing out on profitting from this friggin real estate disaster doesn’t even come close.
December 9, 2007 at 10:57 PM #112802AnonymousGuest“One day you and I can sit down and compare how many whiffs we have had that have nothing to do with real estate. I think I could give you a run for your money but you my friend are a player…
GREAT POST.”
I’ll give you both a run for your money: I’m bitter that I married a deadbeat who drug me through the mud onto the brink of financial ruin. I stayed for ten years after I got knocked up (love the kid though).
Missing out on profitting from this friggin real estate disaster doesn’t even come close.
December 9, 2007 at 10:57 PM #112841AnonymousGuest“One day you and I can sit down and compare how many whiffs we have had that have nothing to do with real estate. I think I could give you a run for your money but you my friend are a player…
GREAT POST.”
I’ll give you both a run for your money: I’m bitter that I married a deadbeat who drug me through the mud onto the brink of financial ruin. I stayed for ten years after I got knocked up (love the kid though).
Missing out on profitting from this friggin real estate disaster doesn’t even come close.
December 9, 2007 at 10:57 PM #112849AnonymousGuest“One day you and I can sit down and compare how many whiffs we have had that have nothing to do with real estate. I think I could give you a run for your money but you my friend are a player…
GREAT POST.”
I’ll give you both a run for your money: I’m bitter that I married a deadbeat who drug me through the mud onto the brink of financial ruin. I stayed for ten years after I got knocked up (love the kid though).
Missing out on profitting from this friggin real estate disaster doesn’t even come close.
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