For all you prudent renters

[lendingbubblecontinues]

dude-

The reason I feel “smug” is because I hung my nuts out there back in 2003 and told people that the housing market was a house of cards and would decline in value significantly. I have been consistent with my message through the present day.

Everyone who told me I was wrong is now being forced to eat crow. So be it!

MPO–if you are one of those people, be prepared for an extra special helping of the black chicken over the next 18-24 months.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[lendingbubblecontinues]

JWM-

This guy’s full of it….if you read his posts, he’s gone from bread lines to brunch lines in RSF and now we learn his real estate empire began in a 700 sq. ft. condo in East Costa Mesa…

I am sooooooo impressed!!!

[lendingbubblecontinues]

JWM-

This guy’s full of it….if you read his posts, he’s gone from bread lines to brunch lines in RSF and now we learn his real estate empire began in a 700 sq. ft. condo in East Costa Mesa…

I am sooooooo impressed!!!

[lendingbubblecontinues]

JWM-

This guy’s full of it….if you read his posts, he’s gone from bread lines to brunch lines in RSF and now we learn his real estate empire began in a 700 sq. ft. condo in East Costa Mesa…

I am sooooooo impressed!!!

[lendingbubblecontinues]

JWM-

This guy’s full of it….if you read his posts, he’s gone from bread lines to brunch lines in RSF and now we learn his real estate empire began in a 700 sq. ft. condo in East Costa Mesa…

I am sooooooo impressed!!!

[lendingbubblecontinues]

JWM-

This guy’s full of it….if you read his posts, he’s gone from bread lines to brunch lines in RSF and now we learn his real estate empire began in a 700 sq. ft. condo in East Costa Mesa…

I am sooooooo impressed!!!

[paramount]

Debt free? IMO not possible between deficits and the IRS.

Rent = You pay money for the use of a house
Buying = You pay money (interest) for the use of money

Either way you are paying for the use of something.

[paramount]

Debt free? IMO not possible between deficits and the IRS.

Rent = You pay money for the use of a house
Buying = You pay money (interest) for the use of money

Either way you are paying for the use of something.

[paramount]

Debt free? IMO not possible between deficits and the IRS.

Rent = You pay money for the use of a house
Buying = You pay money (interest) for the use of money

Either way you are paying for the use of something.

[paramount]

Debt free? IMO not possible between deficits and the IRS.

Rent = You pay money for the use of a house
Buying = You pay money (interest) for the use of money

Either way you are paying for the use of something.

[Author]

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