For all you prudent renters

[HereWeGo]

Buying in 2002 and selling in 05/06 would have been a great financial decision, no doubt. But buying now would seem to be a horrible financial decision. There are those who will buy, no doubt, but there were buyers of the homebuilder stocks all the way down as well as the mortgage brokers and the bond insurers. Falling knives are often caught by savvy bottom seeking sharks.

[Multiplepropertyowner]

My only point with my post as of late is to bring light to the fact that the people who are most angry are those who missed the boat.
I just don’t think that many people were “prudent”. I think most just missed the timing. I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.
I love this site. I read it all the time. I just get tired of all the self righteousness and people posing as prudent buyers. When someone who made a mistake in buying post here looking for help with an issue, a lot of the post are just smug.
I agree that what happened in housing was madness, but to quote Proximo from Gladiator “and the great whore shall suckle us until we are fat and happy and can suckle no more!” This is what happened. Now we are supposed to pay for that. That is capitalism, but the cost would ruin us financially as a nation(arguably). Thus, the bail out.

I like what Rich said in his recent article (paraphrase) “The Fed feels as if it has to keep us from any recession”. Recessions are good. It keeps us fit. One of my places is in “Big Bear” They never allowed a fire 100 years. That strategy is now ruining the forest.
P.S. Sdrealtor, how do you have time to post so much. Rich had better start paying you.

[Multiplepropertyowner]

My only point with my post as of late is to bring light to the fact that the people who are most angry are those who missed the boat.
I just don’t think that many people were “prudent”. I think most just missed the timing. I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.
I love this site. I read it all the time. I just get tired of all the self righteousness and people posing as prudent buyers. When someone who made a mistake in buying post here looking for help with an issue, a lot of the post are just smug.
I agree that what happened in housing was madness, but to quote Proximo from Gladiator “and the great whore shall suckle us until we are fat and happy and can suckle no more!” This is what happened. Now we are supposed to pay for that. That is capitalism, but the cost would ruin us financially as a nation(arguably). Thus, the bail out.

I like what Rich said in his recent article (paraphrase) “The Fed feels as if it has to keep us from any recession”. Recessions are good. It keeps us fit. One of my places is in “Big Bear” They never allowed a fire 100 years. That strategy is now ruining the forest.
P.S. Sdrealtor, how do you have time to post so much. Rich had better start paying you.

[Multiplepropertyowner]

My only point with my post as of late is to bring light to the fact that the people who are most angry are those who missed the boat.
I just don’t think that many people were “prudent”. I think most just missed the timing. I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.
I love this site. I read it all the time. I just get tired of all the self righteousness and people posing as prudent buyers. When someone who made a mistake in buying post here looking for help with an issue, a lot of the post are just smug.
I agree that what happened in housing was madness, but to quote Proximo from Gladiator “and the great whore shall suckle us until we are fat and happy and can suckle no more!” This is what happened. Now we are supposed to pay for that. That is capitalism, but the cost would ruin us financially as a nation(arguably). Thus, the bail out.

I like what Rich said in his recent article (paraphrase) “The Fed feels as if it has to keep us from any recession”. Recessions are good. It keeps us fit. One of my places is in “Big Bear” They never allowed a fire 100 years. That strategy is now ruining the forest.
P.S. Sdrealtor, how do you have time to post so much. Rich had better start paying you.

[Multiplepropertyowner]

My only point with my post as of late is to bring light to the fact that the people who are most angry are those who missed the boat.
I just don’t think that many people were “prudent”. I think most just missed the timing. I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.
I love this site. I read it all the time. I just get tired of all the self righteousness and people posing as prudent buyers. When someone who made a mistake in buying post here looking for help with an issue, a lot of the post are just smug.
I agree that what happened in housing was madness, but to quote Proximo from Gladiator “and the great whore shall suckle us until we are fat and happy and can suckle no more!” This is what happened. Now we are supposed to pay for that. That is capitalism, but the cost would ruin us financially as a nation(arguably). Thus, the bail out.

I like what Rich said in his recent article (paraphrase) “The Fed feels as if it has to keep us from any recession”. Recessions are good. It keeps us fit. One of my places is in “Big Bear” They never allowed a fire 100 years. That strategy is now ruining the forest.
P.S. Sdrealtor, how do you have time to post so much. Rich had better start paying you.

[Multiplepropertyowner]

My only point with my post as of late is to bring light to the fact that the people who are most angry are those who missed the boat.
I just don’t think that many people were “prudent”. I think most just missed the timing. I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.
I love this site. I read it all the time. I just get tired of all the self righteousness and people posing as prudent buyers. When someone who made a mistake in buying post here looking for help with an issue, a lot of the post are just smug.
I agree that what happened in housing was madness, but to quote Proximo from Gladiator “and the great whore shall suckle us until we are fat and happy and can suckle no more!” This is what happened. Now we are supposed to pay for that. That is capitalism, but the cost would ruin us financially as a nation(arguably). Thus, the bail out.

I like what Rich said in his recent article (paraphrase) “The Fed feels as if it has to keep us from any recession”. Recessions are good. It keeps us fit. One of my places is in “Big Bear” They never allowed a fire 100 years. That strategy is now ruining the forest.
P.S. Sdrealtor, how do you have time to post so much. Rich had better start paying you.

[SD Realtor]

“I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.”

I could not agree more with this point.

If you have read my many posts, (portrait of an addict) then I did post awhile back about the bitterness and my own reticence on the very same missed opportunity that you just mentioned. This is very true.

The same is true with investing in stocks during the bubble and such.

So there may be a small amount of merit in your statement and personally I willfully and freely admit to being bitter about missed opportunity and not leveraging to the hilt a few years back and buying as many as I could.

However I don’t think that transcends to the same anger I have about bailouts and such.

As far as posting… gotta feed the addiction man.

SD Realtor

[SD Realtor]

“I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.”

I could not agree more with this point.

If you have read my many posts, (portrait of an addict) then I did post awhile back about the bitterness and my own reticence on the very same missed opportunity that you just mentioned. This is very true.

The same is true with investing in stocks during the bubble and such.

So there may be a small amount of merit in your statement and personally I willfully and freely admit to being bitter about missed opportunity and not leveraging to the hilt a few years back and buying as many as I could.

However I don’t think that transcends to the same anger I have about bailouts and such.

As far as posting… gotta feed the addiction man.

SD Realtor

[SD Realtor]

“I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.”

I could not agree more with this point.

If you have read my many posts, (portrait of an addict) then I did post awhile back about the bitterness and my own reticence on the very same missed opportunity that you just mentioned. This is very true.

The same is true with investing in stocks during the bubble and such.

So there may be a small amount of merit in your statement and personally I willfully and freely admit to being bitter about missed opportunity and not leveraging to the hilt a few years back and buying as many as I could.

However I don’t think that transcends to the same anger I have about bailouts and such.

As far as posting… gotta feed the addiction man.

SD Realtor

[SD Realtor]

“I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.”

I could not agree more with this point.

If you have read my many posts, (portrait of an addict) then I did post awhile back about the bitterness and my own reticence on the very same missed opportunity that you just mentioned. This is very true.

The same is true with investing in stocks during the bubble and such.

So there may be a small amount of merit in your statement and personally I willfully and freely admit to being bitter about missed opportunity and not leveraging to the hilt a few years back and buying as many as I could.

However I don’t think that transcends to the same anger I have about bailouts and such.

As far as posting… gotta feed the addiction man.

SD Realtor

[SD Realtor]

“I still feel that if most could go back and do it all over again, they would get as many properties as they “Could not afford”, neg/am them and make a mint.”

I could not agree more with this point.

If you have read my many posts, (portrait of an addict) then I did post awhile back about the bitterness and my own reticence on the very same missed opportunity that you just mentioned. This is very true.

The same is true with investing in stocks during the bubble and such.

So there may be a small amount of merit in your statement and personally I willfully and freely admit to being bitter about missed opportunity and not leveraging to the hilt a few years back and buying as many as I could.

However I don’t think that transcends to the same anger I have about bailouts and such.

As far as posting… gotta feed the addiction man.

SD Realtor

[brian_in_la]

What a wise post, “Multiplepropert…”. When I read your post I felt the sharp sting of self-recognition. You are dead right about me. I missed the boat. I am just a loser renter.

[brian_in_la]

What a wise post, “Multiplepropert…”. When I read your post I felt the sharp sting of self-recognition. You are dead right about me. I missed the boat. I am just a loser renter.

[brian_in_la]

What a wise post, “Multiplepropert…”. When I read your post I felt the sharp sting of self-recognition. You are dead right about me. I missed the boat. I am just a loser renter.

[brian_in_la]

What a wise post, “Multiplepropert…”. When I read your post I felt the sharp sting of self-recognition. You are dead right about me. I missed the boat. I am just a loser renter.

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