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SD Realtor.
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November 13, 2008 at 2:55 PM #304530November 13, 2008 at 7:00 PM #304161
CoronitaParticipant[quote=CDMA ENG][quote=fat_lazy_union_worker]
As far as your notion of guilt by association: it takes two to tango. A Realtor in itself is specific role, as a mortage broker,as an appraiser. You have good ones, and you have the fly-by-night,get rich quick ones that are clueless, questionable ethics,etc… The fact is, the lure of quick money brought a lot of “unqualified” gold diggers into the real estate profession (as did the tech bubble brought a lot of unqualified people into the I.T./engineering space- IE your glorified HTML/script kiddies). Hopefully, with this crash, it pretty much flushes out the fly-by-night folks.
[/quote]
Im cracking up FLU…
Didnt these fly-by-night Techies drop out and go into RE?
I think they I have seen a few of them…
They were driving Land Rovers… 😛
CE
[/quote]Uh, actually yes….I’ve met quite a few of them…
November 13, 2008 at 7:00 PM #304528CoronitaParticipant[quote=CDMA ENG][quote=fat_lazy_union_worker]
As far as your notion of guilt by association: it takes two to tango. A Realtor in itself is specific role, as a mortage broker,as an appraiser. You have good ones, and you have the fly-by-night,get rich quick ones that are clueless, questionable ethics,etc… The fact is, the lure of quick money brought a lot of “unqualified” gold diggers into the real estate profession (as did the tech bubble brought a lot of unqualified people into the I.T./engineering space- IE your glorified HTML/script kiddies). Hopefully, with this crash, it pretty much flushes out the fly-by-night folks.
[/quote]
Im cracking up FLU…
Didnt these fly-by-night Techies drop out and go into RE?
I think they I have seen a few of them…
They were driving Land Rovers… 😛
CE
[/quote]Uh, actually yes….I’ve met quite a few of them…
November 13, 2008 at 7:00 PM #304539CoronitaParticipant[quote=CDMA ENG][quote=fat_lazy_union_worker]
As far as your notion of guilt by association: it takes two to tango. A Realtor in itself is specific role, as a mortage broker,as an appraiser. You have good ones, and you have the fly-by-night,get rich quick ones that are clueless, questionable ethics,etc… The fact is, the lure of quick money brought a lot of “unqualified” gold diggers into the real estate profession (as did the tech bubble brought a lot of unqualified people into the I.T./engineering space- IE your glorified HTML/script kiddies). Hopefully, with this crash, it pretty much flushes out the fly-by-night folks.
[/quote]
Im cracking up FLU…
Didnt these fly-by-night Techies drop out and go into RE?
I think they I have seen a few of them…
They were driving Land Rovers… 😛
CE
[/quote]Uh, actually yes….I’ve met quite a few of them…
November 13, 2008 at 7:00 PM #304556CoronitaParticipant[quote=CDMA ENG][quote=fat_lazy_union_worker]
As far as your notion of guilt by association: it takes two to tango. A Realtor in itself is specific role, as a mortage broker,as an appraiser. You have good ones, and you have the fly-by-night,get rich quick ones that are clueless, questionable ethics,etc… The fact is, the lure of quick money brought a lot of “unqualified” gold diggers into the real estate profession (as did the tech bubble brought a lot of unqualified people into the I.T./engineering space- IE your glorified HTML/script kiddies). Hopefully, with this crash, it pretty much flushes out the fly-by-night folks.
[/quote]
Im cracking up FLU…
Didnt these fly-by-night Techies drop out and go into RE?
I think they I have seen a few of them…
They were driving Land Rovers… 😛
CE
[/quote]Uh, actually yes….I’ve met quite a few of them…
November 13, 2008 at 7:00 PM #304615CoronitaParticipant[quote=CDMA ENG][quote=fat_lazy_union_worker]
As far as your notion of guilt by association: it takes two to tango. A Realtor in itself is specific role, as a mortage broker,as an appraiser. You have good ones, and you have the fly-by-night,get rich quick ones that are clueless, questionable ethics,etc… The fact is, the lure of quick money brought a lot of “unqualified” gold diggers into the real estate profession (as did the tech bubble brought a lot of unqualified people into the I.T./engineering space- IE your glorified HTML/script kiddies). Hopefully, with this crash, it pretty much flushes out the fly-by-night folks.
[/quote]
Im cracking up FLU…
Didnt these fly-by-night Techies drop out and go into RE?
I think they I have seen a few of them…
They were driving Land Rovers… 😛
CE
[/quote]Uh, actually yes….I’ve met quite a few of them…
November 13, 2008 at 11:57 PM #304314sdduuuude
ParticipantInteresting thread. I wish people didn’t interpret SD Realtor’s original post as blaming the “bring-it-on people” for this mess. I don’t think that was his intent.
I think it was just a check-up to hear from those folks who were really rooting for housing to get slammed, possibly unaware of greater consequences.
If I could search the threads, I’m sure I could find a bunch of posts along these lines and you would know exactly who he wanted to respond.
I was not in the “bring-it-on” camp back then, but I have to say after reading this thread and pondering it for a while, I am now.
The only way out of this mess is down first. People have to get out of debt and save money. If we pay off loans and put money in the bank, it only helps solidify the bank’s balance sheets. It’s the slow way to prop up banks, and the way that will work in the long run, rather than borrowing money and forcing the taxpayers to do it en masse. To save money we stop spending. We stop spending and the economy does what it is doing.
We cannot simultaneously make housing affordable and prop up housing prices.
We cannot simultaneously eliminate foreclosures and keep people buying houses.
Housing prices have to come down. It’s the only way.
If there is one thing I’m good at, it is living without income. I am used to taking several months off at a time (my record is 25 months) so I’m ready for it at any time.
On Oct. 8, I told my wife “this week could be the start of the 2nd great depression.”
I’m prepared to give up travel and cruises and expensive food for volleyball, soccer, games with the kids and bean burritos for several years.
A long time ago, someone (maybe powayesller ?) mentioned a story of a grandmonther who was asked how life was during the depression. The answer was not the doom and gloom one might expect after seeing typical depression-era photos of soup lines and dirty faces. The answer was more along the lines of “we lived a simpler life” and that was about it.
Bring it on, but just keep my project funded for another year or so. Heh, heh. OK. So, maybe I’m not ALL THE WAY into the “bring-it-on” camp.
November 13, 2008 at 11:57 PM #304683ParticipantInteresting thread. I wish people didn’t interpret SD Realtor’s original post as blaming the “bring-it-on people” for this mess. I don’t think that was his intent.
I think it was just a check-up to hear from those folks who were really rooting for housing to get slammed, possibly unaware of greater consequences.
If I could search the threads, I’m sure I could find a bunch of posts along these lines and you would know exactly who he wanted to respond.
I was not in the “bring-it-on” camp back then, but I have to say after reading this thread and pondering it for a while, I am now.
The only way out of this mess is down first. People have to get out of debt and save money. If we pay off loans and put money in the bank, it only helps solidify the bank’s balance sheets. It’s the slow way to prop up banks, and the way that will work in the long run, rather than borrowing money and forcing the taxpayers to do it en masse. To save money we stop spending. We stop spending and the economy does what it is doing.
We cannot simultaneously make housing affordable and prop up housing prices.
We cannot simultaneously eliminate foreclosures and keep people buying houses.
Housing prices have to come down. It’s the only way.
If there is one thing I’m good at, it is living without income. I am used to taking several months off at a time (my record is 25 months) so I’m ready for it at any time.
On Oct. 8, I told my wife “this week could be the start of the 2nd great depression.”
I’m prepared to give up travel and cruises and expensive food for volleyball, soccer, games with the kids and bean burritos for several years.
A long time ago, someone (maybe powayesller ?) mentioned a story of a grandmonther who was asked how life was during the depression. The answer was not the doom and gloom one might expect after seeing typical depression-era photos of soup lines and dirty faces. The answer was more along the lines of “we lived a simpler life” and that was about it.
Bring it on, but just keep my project funded for another year or so. Heh, heh. OK. So, maybe I’m not ALL THE WAY into the “bring-it-on” camp.
November 13, 2008 at 11:57 PM #304694ParticipantInteresting thread. I wish people didn’t interpret SD Realtor’s original post as blaming the “bring-it-on people” for this mess. I don’t think that was his intent.
I think it was just a check-up to hear from those folks who were really rooting for housing to get slammed, possibly unaware of greater consequences.
If I could search the threads, I’m sure I could find a bunch of posts along these lines and you would know exactly who he wanted to respond.
I was not in the “bring-it-on” camp back then, but I have to say after reading this thread and pondering it for a while, I am now.
The only way out of this mess is down first. People have to get out of debt and save money. If we pay off loans and put money in the bank, it only helps solidify the bank’s balance sheets. It’s the slow way to prop up banks, and the way that will work in the long run, rather than borrowing money and forcing the taxpayers to do it en masse. To save money we stop spending. We stop spending and the economy does what it is doing.
We cannot simultaneously make housing affordable and prop up housing prices.
We cannot simultaneously eliminate foreclosures and keep people buying houses.
Housing prices have to come down. It’s the only way.
If there is one thing I’m good at, it is living without income. I am used to taking several months off at a time (my record is 25 months) so I’m ready for it at any time.
On Oct. 8, I told my wife “this week could be the start of the 2nd great depression.”
I’m prepared to give up travel and cruises and expensive food for volleyball, soccer, games with the kids and bean burritos for several years.
A long time ago, someone (maybe powayesller ?) mentioned a story of a grandmonther who was asked how life was during the depression. The answer was not the doom and gloom one might expect after seeing typical depression-era photos of soup lines and dirty faces. The answer was more along the lines of “we lived a simpler life” and that was about it.
Bring it on, but just keep my project funded for another year or so. Heh, heh. OK. So, maybe I’m not ALL THE WAY into the “bring-it-on” camp.
November 13, 2008 at 11:57 PM #304711ParticipantInteresting thread. I wish people didn’t interpret SD Realtor’s original post as blaming the “bring-it-on people” for this mess. I don’t think that was his intent.
I think it was just a check-up to hear from those folks who were really rooting for housing to get slammed, possibly unaware of greater consequences.
If I could search the threads, I’m sure I could find a bunch of posts along these lines and you would know exactly who he wanted to respond.
I was not in the “bring-it-on” camp back then, but I have to say after reading this thread and pondering it for a while, I am now.
The only way out of this mess is down first. People have to get out of debt and save money. If we pay off loans and put money in the bank, it only helps solidify the bank’s balance sheets. It’s the slow way to prop up banks, and the way that will work in the long run, rather than borrowing money and forcing the taxpayers to do it en masse. To save money we stop spending. We stop spending and the economy does what it is doing.
We cannot simultaneously make housing affordable and prop up housing prices.
We cannot simultaneously eliminate foreclosures and keep people buying houses.
Housing prices have to come down. It’s the only way.
If there is one thing I’m good at, it is living without income. I am used to taking several months off at a time (my record is 25 months) so I’m ready for it at any time.
On Oct. 8, I told my wife “this week could be the start of the 2nd great depression.”
I’m prepared to give up travel and cruises and expensive food for volleyball, soccer, games with the kids and bean burritos for several years.
A long time ago, someone (maybe powayesller ?) mentioned a story of a grandmonther who was asked how life was during the depression. The answer was not the doom and gloom one might expect after seeing typical depression-era photos of soup lines and dirty faces. The answer was more along the lines of “we lived a simpler life” and that was about it.
Bring it on, but just keep my project funded for another year or so. Heh, heh. OK. So, maybe I’m not ALL THE WAY into the “bring-it-on” camp.
November 13, 2008 at 11:57 PM #304770ParticipantInteresting thread. I wish people didn’t interpret SD Realtor’s original post as blaming the “bring-it-on people” for this mess. I don’t think that was his intent.
I think it was just a check-up to hear from those folks who were really rooting for housing to get slammed, possibly unaware of greater consequences.
If I could search the threads, I’m sure I could find a bunch of posts along these lines and you would know exactly who he wanted to respond.
I was not in the “bring-it-on” camp back then, but I have to say after reading this thread and pondering it for a while, I am now.
The only way out of this mess is down first. People have to get out of debt and save money. If we pay off loans and put money in the bank, it only helps solidify the bank’s balance sheets. It’s the slow way to prop up banks, and the way that will work in the long run, rather than borrowing money and forcing the taxpayers to do it en masse. To save money we stop spending. We stop spending and the economy does what it is doing.
We cannot simultaneously make housing affordable and prop up housing prices.
We cannot simultaneously eliminate foreclosures and keep people buying houses.
Housing prices have to come down. It’s the only way.
If there is one thing I’m good at, it is living without income. I am used to taking several months off at a time (my record is 25 months) so I’m ready for it at any time.
On Oct. 8, I told my wife “this week could be the start of the 2nd great depression.”
I’m prepared to give up travel and cruises and expensive food for volleyball, soccer, games with the kids and bean burritos for several years.
A long time ago, someone (maybe powayesller ?) mentioned a story of a grandmonther who was asked how life was during the depression. The answer was not the doom and gloom one might expect after seeing typical depression-era photos of soup lines and dirty faces. The answer was more along the lines of “we lived a simpler life” and that was about it.
Bring it on, but just keep my project funded for another year or so. Heh, heh. OK. So, maybe I’m not ALL THE WAY into the “bring-it-on” camp.
November 14, 2008 at 1:03 AM #304339SD Realtor
ParticipantGood response dude….
I want housing prices to come down as much as everyone else. Yet there is a hell of alot more on the table then just housing…. unfortunately.
Also the way out of this mess as you proposed is simplistic and while it is functional, in no way shape or form does this not apply to our government as well. Unfortunately the path that has been taken thus far and will apparently be continued by the next administration seems to be quite orthogonal to your proposal. It is one thing to be in a recession for a year or two. Another thing to be knocked on the ground for many years.
Anyways we will all be around to see what happens. I am in the bring it on camp as well but with a hell of alot trepidation, not anticipation.
November 14, 2008 at 1:03 AM #304708ParticipantGood response dude….
I want housing prices to come down as much as everyone else. Yet there is a hell of alot more on the table then just housing…. unfortunately.
Also the way out of this mess as you proposed is simplistic and while it is functional, in no way shape or form does this not apply to our government as well. Unfortunately the path that has been taken thus far and will apparently be continued by the next administration seems to be quite orthogonal to your proposal. It is one thing to be in a recession for a year or two. Another thing to be knocked on the ground for many years.
Anyways we will all be around to see what happens. I am in the bring it on camp as well but with a hell of alot trepidation, not anticipation.
November 14, 2008 at 1:03 AM #304719ParticipantGood response dude….
I want housing prices to come down as much as everyone else. Yet there is a hell of alot more on the table then just housing…. unfortunately.
Also the way out of this mess as you proposed is simplistic and while it is functional, in no way shape or form does this not apply to our government as well. Unfortunately the path that has been taken thus far and will apparently be continued by the next administration seems to be quite orthogonal to your proposal. It is one thing to be in a recession for a year or two. Another thing to be knocked on the ground for many years.
Anyways we will all be around to see what happens. I am in the bring it on camp as well but with a hell of alot trepidation, not anticipation.
November 14, 2008 at 1:03 AM #304736ParticipantGood response dude….
I want housing prices to come down as much as everyone else. Yet there is a hell of alot more on the table then just housing…. unfortunately.
Also the way out of this mess as you proposed is simplistic and while it is functional, in no way shape or form does this not apply to our government as well. Unfortunately the path that has been taken thus far and will apparently be continued by the next administration seems to be quite orthogonal to your proposal. It is one thing to be in a recession for a year or two. Another thing to be knocked on the ground for many years.
Anyways we will all be around to see what happens. I am in the bring it on camp as well but with a hell of alot trepidation, not anticipation.
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