obnoxious old sign

[Hobie]

No different than someone with an Obama bumper sticker. Freedom of speech.

Except in this case it is just a little advertising. See how you remember its a pumpkin farm rather than just some sign along the freeway.

Hey, it’s better than the usual pumpkin with pants bending over mooning the spectators. har.

[[email protected]]

Scaredycat, continue as a renter and put your money in the stock market, or gold, or silver… no wait… I can get you such a deal on derivatives.

The point is, if you are looking for investments then there are no sure bets.

If you are looking for a place to live and raise your family then I think it is better to build equity (slowly) than to flush rent money down the toilet each month. You must pay to live somewhere.

What does the FHA default rate, which is not 30%, have to do with this conversation?

[[email protected]]

Scaredycat, continue as a renter and put your money in the stock market, or gold, or silver… no wait… I can get you such a deal on derivatives.

The point is, if you are looking for investments then there are no sure bets.

If you are looking for a place to live and raise your family then I think it is better to build equity (slowly) than to flush rent money down the toilet each month. You must pay to live somewhere.

What does the FHA default rate, which is not 30%, have to do with this conversation?

[[email protected]]

Scaredycat, continue as a renter and put your money in the stock market, or gold, or silver… no wait… I can get you such a deal on derivatives.

The point is, if you are looking for investments then there are no sure bets.

If you are looking for a place to live and raise your family then I think it is better to build equity (slowly) than to flush rent money down the toilet each month. You must pay to live somewhere.

What does the FHA default rate, which is not 30%, have to do with this conversation?

[[email protected]]

Scaredycat, continue as a renter and put your money in the stock market, or gold, or silver… no wait… I can get you such a deal on derivatives.

The point is, if you are looking for investments then there are no sure bets.

If you are looking for a place to live and raise your family then I think it is better to build equity (slowly) than to flush rent money down the toilet each month. You must pay to live somewhere.

What does the FHA default rate, which is not 30%, have to do with this conversation?

[[email protected]]

Scaredycat, continue as a renter and put your money in the stock market, or gold, or silver… no wait… I can get you such a deal on derivatives.

The point is, if you are looking for investments then there are no sure bets.

If you are looking for a place to live and raise your family then I think it is better to build equity (slowly) than to flush rent money down the toilet each month. You must pay to live somewhere.

What does the FHA default rate, which is not 30%, have to do with this conversation?

[scaredyclassic]

please guru, distingish for me why rent money is toilet money, but additional fees and PMI on an fha loan is not toilet money. shouldn’t any financially responsible person who saved up some money avoid an fha loan if they plan to live in the place a few years? And if one hasn’t saved up some money and doesn’t plan to live in the place a few years, why the heck should the govt be giving you money to buy a place? I see the fha default rate as being relevant to the ability of the ponzi scheme to continue. Maybe the sign will someday read, “This is a picture of a young man waiting for his house to get back to break-even”.

[scaredyclassic]

please guru, distingish for me why rent money is toilet money, but additional fees and PMI on an fha loan is not toilet money. shouldn’t any financially responsible person who saved up some money avoid an fha loan if they plan to live in the place a few years? And if one hasn’t saved up some money and doesn’t plan to live in the place a few years, why the heck should the govt be giving you money to buy a place? I see the fha default rate as being relevant to the ability of the ponzi scheme to continue. Maybe the sign will someday read, “This is a picture of a young man waiting for his house to get back to break-even”.

[scaredyclassic]

please guru, distingish for me why rent money is toilet money, but additional fees and PMI on an fha loan is not toilet money. shouldn’t any financially responsible person who saved up some money avoid an fha loan if they plan to live in the place a few years? And if one hasn’t saved up some money and doesn’t plan to live in the place a few years, why the heck should the govt be giving you money to buy a place? I see the fha default rate as being relevant to the ability of the ponzi scheme to continue. Maybe the sign will someday read, “This is a picture of a young man waiting for his house to get back to break-even”.

[scaredyclassic]

please guru, distingish for me why rent money is toilet money, but additional fees and PMI on an fha loan is not toilet money. shouldn’t any financially responsible person who saved up some money avoid an fha loan if they plan to live in the place a few years? And if one hasn’t saved up some money and doesn’t plan to live in the place a few years, why the heck should the govt be giving you money to buy a place? I see the fha default rate as being relevant to the ability of the ponzi scheme to continue. Maybe the sign will someday read, “This is a picture of a young man waiting for his house to get back to break-even”.

[scaredyclassic]

please guru, distingish for me why rent money is toilet money, but additional fees and PMI on an fha loan is not toilet money. shouldn’t any financially responsible person who saved up some money avoid an fha loan if they plan to live in the place a few years? And if one hasn’t saved up some money and doesn’t plan to live in the place a few years, why the heck should the govt be giving you money to buy a place? I see the fha default rate as being relevant to the ability of the ponzi scheme to continue. Maybe the sign will someday read, “This is a picture of a young man waiting for his house to get back to break-even”.

[[email protected]]

In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.

The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.

My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.

I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.

All I can promise is while observers may be entertained they will never be winners at the game they watch.

[[email protected]]

In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.

The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.

My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.

I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.

All I can promise is while observers may be entertained they will never be winners at the game they watch.

[[email protected]]

In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.

The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.

My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.

I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.

All I can promise is while observers may be entertained they will never be winners at the game they watch.

[[email protected]]

In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.

The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.

My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.

I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.

All I can promise is while observers may be entertained they will never be winners at the game they watch.

[Author]

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