Home › Forums › Financial Markets/Economics › Foreign investors veto Fed rescue
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NotCranky.
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March 17, 2008 at 11:56 AM #172099March 17, 2008 at 12:02 PM #171672
JWM in SD
ParticipantJWM in SD
“How is that going to affect me again?” It may or may not affect you now, but it will affect you in the future.
I have stated numerous times what can be done to insulate oneself from this as best they can. If you are not paying attention and too worried about whether CV home prices are going down as fast would-be buyers would like, then I can’t help you…sorry.
March 17, 2008 at 12:02 PM #172004ParticipantJWM in SD
“How is that going to affect me again?” It may or may not affect you now, but it will affect you in the future.
I have stated numerous times what can be done to insulate oneself from this as best they can. If you are not paying attention and too worried about whether CV home prices are going down as fast would-be buyers would like, then I can’t help you…sorry.
March 17, 2008 at 12:02 PM #172008ParticipantJWM in SD
“How is that going to affect me again?” It may or may not affect you now, but it will affect you in the future.
I have stated numerous times what can be done to insulate oneself from this as best they can. If you are not paying attention and too worried about whether CV home prices are going down as fast would-be buyers would like, then I can’t help you…sorry.
March 17, 2008 at 12:02 PM #172031ParticipantJWM in SD
“How is that going to affect me again?” It may or may not affect you now, but it will affect you in the future.
I have stated numerous times what can be done to insulate oneself from this as best they can. If you are not paying attention and too worried about whether CV home prices are going down as fast would-be buyers would like, then I can’t help you…sorry.
March 17, 2008 at 12:02 PM #172109ParticipantJWM in SD
“How is that going to affect me again?” It may or may not affect you now, but it will affect you in the future.
I have stated numerous times what can be done to insulate oneself from this as best they can. If you are not paying attention and too worried about whether CV home prices are going down as fast would-be buyers would like, then I can’t help you…sorry.
March 17, 2008 at 12:30 PM #172044NotCranky
Participant“It may or may not affect you now, but it will affect you in the future.”
Of course it will. The 30k I am spending for my lot split will be chump change in the future and that lot split isn’t going to get any cheaper. Now that is part of my little world as it relates to this blog. Other people are shorting stocks. The prices in CV don’t really matter to me except for a general interest in these things.
What can we do about the big failures occurring outside our own little worlds that you and others are documenting here? Not a thing. Life goes on. For some it might affect their immediate employment they had better take note. It might effect others down the road. You can only prepare so much.
You are better on these topics but to make the apparent assumption that other people don’t know how to live their lives is extremely grandiose. If you want to do something besides bitch, criticise and act superior let me know.
March 17, 2008 at 12:30 PM #172148Participant“It may or may not affect you now, but it will affect you in the future.”
Of course it will. The 30k I am spending for my lot split will be chump change in the future and that lot split isn’t going to get any cheaper. Now that is part of my little world as it relates to this blog. Other people are shorting stocks. The prices in CV don’t really matter to me except for a general interest in these things.
What can we do about the big failures occurring outside our own little worlds that you and others are documenting here? Not a thing. Life goes on. For some it might affect their immediate employment they had better take note. It might effect others down the road. You can only prepare so much.
You are better on these topics but to make the apparent assumption that other people don’t know how to live their lives is extremely grandiose. If you want to do something besides bitch, criticise and act superior let me know.
March 17, 2008 at 12:30 PM #172070Participant“It may or may not affect you now, but it will affect you in the future.”
Of course it will. The 30k I am spending for my lot split will be chump change in the future and that lot split isn’t going to get any cheaper. Now that is part of my little world as it relates to this blog. Other people are shorting stocks. The prices in CV don’t really matter to me except for a general interest in these things.
What can we do about the big failures occurring outside our own little worlds that you and others are documenting here? Not a thing. Life goes on. For some it might affect their immediate employment they had better take note. It might effect others down the road. You can only prepare so much.
You are better on these topics but to make the apparent assumption that other people don’t know how to live their lives is extremely grandiose. If you want to do something besides bitch, criticise and act superior let me know.
March 17, 2008 at 12:30 PM #172049Participant“It may or may not affect you now, but it will affect you in the future.”
Of course it will. The 30k I am spending for my lot split will be chump change in the future and that lot split isn’t going to get any cheaper. Now that is part of my little world as it relates to this blog. Other people are shorting stocks. The prices in CV don’t really matter to me except for a general interest in these things.
What can we do about the big failures occurring outside our own little worlds that you and others are documenting here? Not a thing. Life goes on. For some it might affect their immediate employment they had better take note. It might effect others down the road. You can only prepare so much.
You are better on these topics but to make the apparent assumption that other people don’t know how to live their lives is extremely grandiose. If you want to do something besides bitch, criticise and act superior let me know.
March 17, 2008 at 12:30 PM #171712Participant“It may or may not affect you now, but it will affect you in the future.”
Of course it will. The 30k I am spending for my lot split will be chump change in the future and that lot split isn’t going to get any cheaper. Now that is part of my little world as it relates to this blog. Other people are shorting stocks. The prices in CV don’t really matter to me except for a general interest in these things.
What can we do about the big failures occurring outside our own little worlds that you and others are documenting here? Not a thing. Life goes on. For some it might affect their immediate employment they had better take note. It might effect others down the road. You can only prepare so much.
You are better on these topics but to make the apparent assumption that other people don’t know how to live their lives is extremely grandiose. If you want to do something besides bitch, criticise and act superior let me know.
March 17, 2008 at 1:30 PM #171772patientlywaiting
ParticipantRustico, it’s not “shitting in your pants” that is at issue here. One has to look at the big picture before one jumps into a purchase. That’s what we are criticizing.
Sure, life goes on but you need to prepare for and be mindful of the changes.
Why buy a house when you can happily rent and wait it out?
Look at the Bear Stearns millionaires. What are they worth now? And how are they going to make their million dollar mortgages when they are out of a job? Are we supposed to feel sorry for them? No!
The people with equity today won’t be so smug then their equity goes poof tomorrow.
I own my house but I made a conscious decision that it’s not a investment. I can remain in it no matter what. But I wouldn’t go into debt to buy a house now.
I can understand JWM’s frustration. Personally, I am sick of people bitching about their real estate and stock investments. They were aiming for a high return so now they need to take their lumps. It’s not un-caring and superior to tell the truth just because the majority of the population made the same mistakes and is in that same boat.
Rustico, I dont’ know about your situation. But last year a friend of mine split his lot and build a 3500 sf house on one lot for $135/sf. He was hoping to sell it but couldn’t so he’s living in it. He thinks that can get big bucks for it “when everything clears.” Meanwhile he’s in debt with not a lot of income. Well, I predict hard times ahead for that person. I talk about the weather when the topic turns to real estate. JWM is doing his relatives and closest friend a favor by educating them. In that way, he cares.
March 17, 2008 at 1:30 PM #172104ParticipantRustico, it’s not “shitting in your pants” that is at issue here. One has to look at the big picture before one jumps into a purchase. That’s what we are criticizing.
Sure, life goes on but you need to prepare for and be mindful of the changes.
Why buy a house when you can happily rent and wait it out?
Look at the Bear Stearns millionaires. What are they worth now? And how are they going to make their million dollar mortgages when they are out of a job? Are we supposed to feel sorry for them? No!
The people with equity today won’t be so smug then their equity goes poof tomorrow.
I own my house but I made a conscious decision that it’s not a investment. I can remain in it no matter what. But I wouldn’t go into debt to buy a house now.
I can understand JWM’s frustration. Personally, I am sick of people bitching about their real estate and stock investments. They were aiming for a high return so now they need to take their lumps. It’s not un-caring and superior to tell the truth just because the majority of the population made the same mistakes and is in that same boat.
Rustico, I dont’ know about your situation. But last year a friend of mine split his lot and build a 3500 sf house on one lot for $135/sf. He was hoping to sell it but couldn’t so he’s living in it. He thinks that can get big bucks for it “when everything clears.” Meanwhile he’s in debt with not a lot of income. Well, I predict hard times ahead for that person. I talk about the weather when the topic turns to real estate. JWM is doing his relatives and closest friend a favor by educating them. In that way, he cares.
March 17, 2008 at 1:30 PM #172110ParticipantRustico, it’s not “shitting in your pants” that is at issue here. One has to look at the big picture before one jumps into a purchase. That’s what we are criticizing.
Sure, life goes on but you need to prepare for and be mindful of the changes.
Why buy a house when you can happily rent and wait it out?
Look at the Bear Stearns millionaires. What are they worth now? And how are they going to make their million dollar mortgages when they are out of a job? Are we supposed to feel sorry for them? No!
The people with equity today won’t be so smug then their equity goes poof tomorrow.
I own my house but I made a conscious decision that it’s not a investment. I can remain in it no matter what. But I wouldn’t go into debt to buy a house now.
I can understand JWM’s frustration. Personally, I am sick of people bitching about their real estate and stock investments. They were aiming for a high return so now they need to take their lumps. It’s not un-caring and superior to tell the truth just because the majority of the population made the same mistakes and is in that same boat.
Rustico, I dont’ know about your situation. But last year a friend of mine split his lot and build a 3500 sf house on one lot for $135/sf. He was hoping to sell it but couldn’t so he’s living in it. He thinks that can get big bucks for it “when everything clears.” Meanwhile he’s in debt with not a lot of income. Well, I predict hard times ahead for that person. I talk about the weather when the topic turns to real estate. JWM is doing his relatives and closest friend a favor by educating them. In that way, he cares.
March 17, 2008 at 1:30 PM #172129ParticipantRustico, it’s not “shitting in your pants” that is at issue here. One has to look at the big picture before one jumps into a purchase. That’s what we are criticizing.
Sure, life goes on but you need to prepare for and be mindful of the changes.
Why buy a house when you can happily rent and wait it out?
Look at the Bear Stearns millionaires. What are they worth now? And how are they going to make their million dollar mortgages when they are out of a job? Are we supposed to feel sorry for them? No!
The people with equity today won’t be so smug then their equity goes poof tomorrow.
I own my house but I made a conscious decision that it’s not a investment. I can remain in it no matter what. But I wouldn’t go into debt to buy a house now.
I can understand JWM’s frustration. Personally, I am sick of people bitching about their real estate and stock investments. They were aiming for a high return so now they need to take their lumps. It’s not un-caring and superior to tell the truth just because the majority of the population made the same mistakes and is in that same boat.
Rustico, I dont’ know about your situation. But last year a friend of mine split his lot and build a 3500 sf house on one lot for $135/sf. He was hoping to sell it but couldn’t so he’s living in it. He thinks that can get big bucks for it “when everything clears.” Meanwhile he’s in debt with not a lot of income. Well, I predict hard times ahead for that person. I talk about the weather when the topic turns to real estate. JWM is doing his relatives and closest friend a favor by educating them. In that way, he cares.
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