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December 27, 2007 at 1:32 PM #125276December 27, 2007 at 3:09 PM #125083Mark HolmesParticipant
Ouch. Read it. That breaks my heart. You know, I try and tell the people I know what’s going on, because I don’t want to see them financially ruined from decisions like the one in that article, but most people don’t listen. Or perhaps they listen only to their desires and to the mainstream media, which has ceased doing its job the last 10 – 15 years. And it’s only going to get uglier for these people in 2008, as this credit bubble really starts to unravel. I mean, how few people making financial decisions bother to read the Finanical Times, the NY Times, the LA Times, peruse blogs and basically try to get an overall sense of where things are headed before making a financial decision like buying a house? I mean, really, read just a few articles to get a sense of things:
http://business.theage.com.au/americans-walk-from-loans/20071223-1iqr.html
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xmlDecember 27, 2007 at 3:09 PM #125234Mark HolmesParticipantOuch. Read it. That breaks my heart. You know, I try and tell the people I know what’s going on, because I don’t want to see them financially ruined from decisions like the one in that article, but most people don’t listen. Or perhaps they listen only to their desires and to the mainstream media, which has ceased doing its job the last 10 – 15 years. And it’s only going to get uglier for these people in 2008, as this credit bubble really starts to unravel. I mean, how few people making financial decisions bother to read the Finanical Times, the NY Times, the LA Times, peruse blogs and basically try to get an overall sense of where things are headed before making a financial decision like buying a house? I mean, really, read just a few articles to get a sense of things:
http://business.theage.com.au/americans-walk-from-loans/20071223-1iqr.html
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xmlDecember 27, 2007 at 3:09 PM #125252Mark HolmesParticipantOuch. Read it. That breaks my heart. You know, I try and tell the people I know what’s going on, because I don’t want to see them financially ruined from decisions like the one in that article, but most people don’t listen. Or perhaps they listen only to their desires and to the mainstream media, which has ceased doing its job the last 10 – 15 years. And it’s only going to get uglier for these people in 2008, as this credit bubble really starts to unravel. I mean, how few people making financial decisions bother to read the Finanical Times, the NY Times, the LA Times, peruse blogs and basically try to get an overall sense of where things are headed before making a financial decision like buying a house? I mean, really, read just a few articles to get a sense of things:
http://business.theage.com.au/americans-walk-from-loans/20071223-1iqr.html
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xmlDecember 27, 2007 at 3:09 PM #125312Mark HolmesParticipantOuch. Read it. That breaks my heart. You know, I try and tell the people I know what’s going on, because I don’t want to see them financially ruined from decisions like the one in that article, but most people don’t listen. Or perhaps they listen only to their desires and to the mainstream media, which has ceased doing its job the last 10 – 15 years. And it’s only going to get uglier for these people in 2008, as this credit bubble really starts to unravel. I mean, how few people making financial decisions bother to read the Finanical Times, the NY Times, the LA Times, peruse blogs and basically try to get an overall sense of where things are headed before making a financial decision like buying a house? I mean, really, read just a few articles to get a sense of things:
http://business.theage.com.au/americans-walk-from-loans/20071223-1iqr.html
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xmlDecember 27, 2007 at 3:09 PM #125336Mark HolmesParticipantOuch. Read it. That breaks my heart. You know, I try and tell the people I know what’s going on, because I don’t want to see them financially ruined from decisions like the one in that article, but most people don’t listen. Or perhaps they listen only to their desires and to the mainstream media, which has ceased doing its job the last 10 – 15 years. And it’s only going to get uglier for these people in 2008, as this credit bubble really starts to unravel. I mean, how few people making financial decisions bother to read the Finanical Times, the NY Times, the LA Times, peruse blogs and basically try to get an overall sense of where things are headed before making a financial decision like buying a house? I mean, really, read just a few articles to get a sense of things:
http://business.theage.com.au/americans-walk-from-loans/20071223-1iqr.html
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xmlDecember 27, 2007 at 4:16 PM #125138Ex-SDParticipantMark Holmes: My friend, you and I are on the same page. I am absolutely stunned every month when the sales figures come in and I see how many people are still buying homes in bubble markets. But a case(s) in point are the people who show up on this board each month asking if XXXX price in XXXXX neighborhood is a good deal because they are ready to buy. Have they been hiding under a rock or do they just not believe that there is a housing bubble and the air is leaking out of it?
December 27, 2007 at 4:16 PM #125289Ex-SDParticipantMark Holmes: My friend, you and I are on the same page. I am absolutely stunned every month when the sales figures come in and I see how many people are still buying homes in bubble markets. But a case(s) in point are the people who show up on this board each month asking if XXXX price in XXXXX neighborhood is a good deal because they are ready to buy. Have they been hiding under a rock or do they just not believe that there is a housing bubble and the air is leaking out of it?
December 27, 2007 at 4:16 PM #125308Ex-SDParticipantMark Holmes: My friend, you and I are on the same page. I am absolutely stunned every month when the sales figures come in and I see how many people are still buying homes in bubble markets. But a case(s) in point are the people who show up on this board each month asking if XXXX price in XXXXX neighborhood is a good deal because they are ready to buy. Have they been hiding under a rock or do they just not believe that there is a housing bubble and the air is leaking out of it?
December 27, 2007 at 4:16 PM #125365Ex-SDParticipantMark Holmes: My friend, you and I are on the same page. I am absolutely stunned every month when the sales figures come in and I see how many people are still buying homes in bubble markets. But a case(s) in point are the people who show up on this board each month asking if XXXX price in XXXXX neighborhood is a good deal because they are ready to buy. Have they been hiding under a rock or do they just not believe that there is a housing bubble and the air is leaking out of it?
December 27, 2007 at 4:16 PM #125393Ex-SDParticipantMark Holmes: My friend, you and I are on the same page. I am absolutely stunned every month when the sales figures come in and I see how many people are still buying homes in bubble markets. But a case(s) in point are the people who show up on this board each month asking if XXXX price in XXXXX neighborhood is a good deal because they are ready to buy. Have they been hiding under a rock or do they just not believe that there is a housing bubble and the air is leaking out of it?
December 27, 2007 at 8:12 PM #125235AnonymousGuestSounds like he’s headed in the right direction. Lots of growth in that area. Lots of jobs all over california in software, as well as east coast.
Thank you 125 mp for the information. π
Flu, you as well. π
December 27, 2007 at 8:12 PM #125389AnonymousGuestSounds like he’s headed in the right direction. Lots of growth in that area. Lots of jobs all over california in software, as well as east coast.
Thank you 125 mp for the information. π
Flu, you as well. π
December 27, 2007 at 8:12 PM #125407AnonymousGuestSounds like he’s headed in the right direction. Lots of growth in that area. Lots of jobs all over california in software, as well as east coast.
Thank you 125 mp for the information. π
Flu, you as well. π
December 27, 2007 at 8:12 PM #125466AnonymousGuestSounds like he’s headed in the right direction. Lots of growth in that area. Lots of jobs all over california in software, as well as east coast.
Thank you 125 mp for the information. π
Flu, you as well. π
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