Just Say No

[Allan from Fallbrook]

Arraya: Good stuff, as usual. This political theater has been going on for nearly 40 years now, ever since Nixon closed the gold window to pay for the Vietnam War.

We’ve successfully offshored or outsourced nearly all of our manufacturing capability, and that which remains isn’t competitive.

People have been led to believe that “service” industries are the way to go and that manufacturing is unnecessary, and in large part because of all those financial and banking innovations that have made the US the unsurpassed master of the financial world have also imparted a standard of living completely untethered to a sound currency or fiscal responsibility.

There is no politician, save Ron Paul, who is willing to step up and tell the American people the complete truth: We’ve gamed the system to the point that we’re effectively insolvent, we’re relying on the fact that the dollar is the world’s reserve currency and we can therefore print as many as we want, American wages have been stagnant since the 1970s and we threw ourselves one hell of a party that the rest of the world, led by China, financed and now the bill is due.

As far as the assertion that there is a herd of well-financed Baby Boomers out there ready to save the day: Puh-leeze. These assholes are the reason we’re in this mess to begin with and none of them have any goddamn money. The party is over.

[urbanrealtor]

Macro,
I am an agent and long ago gave up the wacky tobacky. I don’t think anything of what I am about to say is unreasonable or crazy.

La Jolla is not a good example because if it cheapens even a little people will decide it is a good time to buy there and thus buoy the price.

The rest of San Diego has seen price drops between 30 and 70 percent.

I am listing something right now for 40% of what the owner bought it for (no I was not the agent then).

While I would agree that your neck of the woods could stand to drop more, I don’t see mine doing so any time soon.

Right now most of the buyers I am seeing are working stiffs who have crunched the numbers and realize that buying (instead of renting) would reduce their monthly payment by a couple hundred a month.

Thats the kind of economic world that is healthy and relatively sustainable, IMO.

Dan
urbanrealtor-at-gmail

[urbanrealtor]

Macro,
I am an agent and long ago gave up the wacky tobacky. I don’t think anything of what I am about to say is unreasonable or crazy.

La Jolla is not a good example because if it cheapens even a little people will decide it is a good time to buy there and thus buoy the price.

The rest of San Diego has seen price drops between 30 and 70 percent.

I am listing something right now for 40% of what the owner bought it for (no I was not the agent then).

While I would agree that your neck of the woods could stand to drop more, I don’t see mine doing so any time soon.

Right now most of the buyers I am seeing are working stiffs who have crunched the numbers and realize that buying (instead of renting) would reduce their monthly payment by a couple hundred a month.

Thats the kind of economic world that is healthy and relatively sustainable, IMO.

Dan
urbanrealtor-at-gmail

[urbanrealtor]

Macro,
I am an agent and long ago gave up the wacky tobacky. I don’t think anything of what I am about to say is unreasonable or crazy.

La Jolla is not a good example because if it cheapens even a little people will decide it is a good time to buy there and thus buoy the price.

The rest of San Diego has seen price drops between 30 and 70 percent.

I am listing something right now for 40% of what the owner bought it for (no I was not the agent then).

While I would agree that your neck of the woods could stand to drop more, I don’t see mine doing so any time soon.

Right now most of the buyers I am seeing are working stiffs who have crunched the numbers and realize that buying (instead of renting) would reduce their monthly payment by a couple hundred a month.

Thats the kind of economic world that is healthy and relatively sustainable, IMO.

Dan
urbanrealtor-at-gmail

[urbanrealtor]

Macro,
I am an agent and long ago gave up the wacky tobacky. I don’t think anything of what I am about to say is unreasonable or crazy.

La Jolla is not a good example because if it cheapens even a little people will decide it is a good time to buy there and thus buoy the price.

The rest of San Diego has seen price drops between 30 and 70 percent.

I am listing something right now for 40% of what the owner bought it for (no I was not the agent then).

While I would agree that your neck of the woods could stand to drop more, I don’t see mine doing so any time soon.

Right now most of the buyers I am seeing are working stiffs who have crunched the numbers and realize that buying (instead of renting) would reduce their monthly payment by a couple hundred a month.

Thats the kind of economic world that is healthy and relatively sustainable, IMO.

Dan
urbanrealtor-at-gmail

[urbanrealtor]

Macro,
I am an agent and long ago gave up the wacky tobacky. I don’t think anything of what I am about to say is unreasonable or crazy.

La Jolla is not a good example because if it cheapens even a little people will decide it is a good time to buy there and thus buoy the price.

The rest of San Diego has seen price drops between 30 and 70 percent.

I am listing something right now for 40% of what the owner bought it for (no I was not the agent then).

While I would agree that your neck of the woods could stand to drop more, I don’t see mine doing so any time soon.

Right now most of the buyers I am seeing are working stiffs who have crunched the numbers and realize that buying (instead of renting) would reduce their monthly payment by a couple hundred a month.

Thats the kind of economic world that is healthy and relatively sustainable, IMO.

Dan
urbanrealtor-at-gmail

[Allan from Fallbrook]

Dan: Hopefully, you’re better at selling real estate than trying to sell us on the notion that you’re no longer smoking ganja.

This from a man who pens long, discursive posts about the variegation of punk music, loves all things shark related and offers to wear gorilla suits to social gatherings?

Dan, Dan, Dan. We all know better. Drop the charade.

[Allan from Fallbrook]

Dan: Hopefully, you’re better at selling real estate than trying to sell us on the notion that you’re no longer smoking ganja.

This from a man who pens long, discursive posts about the variegation of punk music, loves all things shark related and offers to wear gorilla suits to social gatherings?

Dan, Dan, Dan. We all know better. Drop the charade.

[Allan from Fallbrook]

Dan: Hopefully, you’re better at selling real estate than trying to sell us on the notion that you’re no longer smoking ganja.

This from a man who pens long, discursive posts about the variegation of punk music, loves all things shark related and offers to wear gorilla suits to social gatherings?

Dan, Dan, Dan. We all know better. Drop the charade.

[Allan from Fallbrook]

Dan: Hopefully, you’re better at selling real estate than trying to sell us on the notion that you’re no longer smoking ganja.

This from a man who pens long, discursive posts about the variegation of punk music, loves all things shark related and offers to wear gorilla suits to social gatherings?

Dan, Dan, Dan. We all know better. Drop the charade.

[Allan from Fallbrook]

Dan: Hopefully, you’re better at selling real estate than trying to sell us on the notion that you’re no longer smoking ganja.

This from a man who pens long, discursive posts about the variegation of punk music, loves all things shark related and offers to wear gorilla suits to social gatherings?

Dan, Dan, Dan. We all know better. Drop the charade.

[Arraya]

Allan-With the current state of affairs I think we would be better off if we all smoked some ganja. My morning perusing of the news makes me feel like I need some:)

The party is over indeed and the “kick the can down the road” method is not in the cards for Obama. Something is going to snap.

[Arraya]

Allan-With the current state of affairs I think we would be better off if we all smoked some ganja. My morning perusing of the news makes me feel like I need some:)

The party is over indeed and the “kick the can down the road” method is not in the cards for Obama. Something is going to snap.

[Arraya]

Allan-With the current state of affairs I think we would be better off if we all smoked some ganja. My morning perusing of the news makes me feel like I need some:)

The party is over indeed and the “kick the can down the road” method is not in the cards for Obama. Something is going to snap.

[Arraya]

Allan-With the current state of affairs I think we would be better off if we all smoked some ganja. My morning perusing of the news makes me feel like I need some:)

The party is over indeed and the “kick the can down the road” method is not in the cards for Obama. Something is going to snap.

[Author]

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