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lonestar2000.
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December 1, 2007 at 8:57 PM #107112December 1, 2007 at 9:12 PM #106965
the dingo
ParticipantTo Bugs comment:
“The market isn’t tanking because the subject is under discussion on the various blogs.”
Did my post suggest that? I don’t feel it did. My point was that there are a lot of people on this site who talk about a dramatic drop as almost a Christmas wish. Ruminations on the market won’t change the market. That is obvious. I just think people need to be aware of the consequences of that.
December 1, 2007 at 9:12 PM #107061ParticipantTo Bugs comment:
“The market isn’t tanking because the subject is under discussion on the various blogs.”
Did my post suggest that? I don’t feel it did. My point was that there are a lot of people on this site who talk about a dramatic drop as almost a Christmas wish. Ruminations on the market won’t change the market. That is obvious. I just think people need to be aware of the consequences of that.
December 1, 2007 at 9:12 PM #107094ParticipantTo Bugs comment:
“The market isn’t tanking because the subject is under discussion on the various blogs.”
Did my post suggest that? I don’t feel it did. My point was that there are a lot of people on this site who talk about a dramatic drop as almost a Christmas wish. Ruminations on the market won’t change the market. That is obvious. I just think people need to be aware of the consequences of that.
December 1, 2007 at 9:12 PM #107101ParticipantTo Bugs comment:
“The market isn’t tanking because the subject is under discussion on the various blogs.”
Did my post suggest that? I don’t feel it did. My point was that there are a lot of people on this site who talk about a dramatic drop as almost a Christmas wish. Ruminations on the market won’t change the market. That is obvious. I just think people need to be aware of the consequences of that.
December 1, 2007 at 9:12 PM #107122ParticipantTo Bugs comment:
“The market isn’t tanking because the subject is under discussion on the various blogs.”
Did my post suggest that? I don’t feel it did. My point was that there are a lot of people on this site who talk about a dramatic drop as almost a Christmas wish. Ruminations on the market won’t change the market. That is obvious. I just think people need to be aware of the consequences of that.
December 1, 2007 at 9:18 PM #106970no_such_reality
ParticipantI just think people need to be aware of the consequences of that.
People need to think about the consequences of a market frozen at 10X incomes where a housing payment requires a 65% DTI payment at 2X fair market rent.
Just think, the house quits paying them, they quit spending all that nice equity, BTW did you notice the new big sellers this year at $150 GPS systems instead of $3000 LCD HDTVs?
December 1, 2007 at 9:18 PM #107066ParticipantI just think people need to be aware of the consequences of that.
People need to think about the consequences of a market frozen at 10X incomes where a housing payment requires a 65% DTI payment at 2X fair market rent.
Just think, the house quits paying them, they quit spending all that nice equity, BTW did you notice the new big sellers this year at $150 GPS systems instead of $3000 LCD HDTVs?
December 1, 2007 at 9:18 PM #107099ParticipantI just think people need to be aware of the consequences of that.
People need to think about the consequences of a market frozen at 10X incomes where a housing payment requires a 65% DTI payment at 2X fair market rent.
Just think, the house quits paying them, they quit spending all that nice equity, BTW did you notice the new big sellers this year at $150 GPS systems instead of $3000 LCD HDTVs?
December 1, 2007 at 9:18 PM #107106ParticipantI just think people need to be aware of the consequences of that.
People need to think about the consequences of a market frozen at 10X incomes where a housing payment requires a 65% DTI payment at 2X fair market rent.
Just think, the house quits paying them, they quit spending all that nice equity, BTW did you notice the new big sellers this year at $150 GPS systems instead of $3000 LCD HDTVs?
December 1, 2007 at 9:18 PM #107127ParticipantI just think people need to be aware of the consequences of that.
People need to think about the consequences of a market frozen at 10X incomes where a housing payment requires a 65% DTI payment at 2X fair market rent.
Just think, the house quits paying them, they quit spending all that nice equity, BTW did you notice the new big sellers this year at $150 GPS systems instead of $3000 LCD HDTVs?
December 1, 2007 at 9:36 PM #106995Bugs
ParticipantDingo/MulitplePersonality,
If you’ve spent any time whatsoever on this forum you’d recognize that about 30% of all the threads and posts don’t involve the RE markets at all, but are about alternative investment vehicles, macroeconomics and general economic trends. I think most of the Piggs are quite cognizant of the collateral damage that will occur as a result of the failures in the RE markets and are actively seeking ways to cope with that damage. I think it’s a huge mistake to confuse these lines of discussion as gloating over the misfortunes of others. Intelligent people learn from the mistakes of others.
It’s true that there is a certain amount of validation involved when the fools who extolled the virtues of being agressive and “bold” during the runup earn the inevitable fruits of that type of reckless and unjustified behavior. I compare it to the type of validation that occurs when we see the jerk who had been terrorizing other motorists on the freeway 5 minutes ago gets pulled over by the CHP.
If you want to scold someone for their misbehavior and bad attitude I suggest you look to the people who created the problem in the first place, not the people who warned everyone from the beginning of the risks they were taking.
We were right, they were wrong; deal with it. If you want to find a caring and nurturing support group for suckas I suggest you look elsewhere, like maybe the San Diego Real Estate Investment Club. There are lots of positive thinkers and RE boosters over there.
December 1, 2007 at 9:36 PM #107092ParticipantDingo/MulitplePersonality,
If you’ve spent any time whatsoever on this forum you’d recognize that about 30% of all the threads and posts don’t involve the RE markets at all, but are about alternative investment vehicles, macroeconomics and general economic trends. I think most of the Piggs are quite cognizant of the collateral damage that will occur as a result of the failures in the RE markets and are actively seeking ways to cope with that damage. I think it’s a huge mistake to confuse these lines of discussion as gloating over the misfortunes of others. Intelligent people learn from the mistakes of others.
It’s true that there is a certain amount of validation involved when the fools who extolled the virtues of being agressive and “bold” during the runup earn the inevitable fruits of that type of reckless and unjustified behavior. I compare it to the type of validation that occurs when we see the jerk who had been terrorizing other motorists on the freeway 5 minutes ago gets pulled over by the CHP.
If you want to scold someone for their misbehavior and bad attitude I suggest you look to the people who created the problem in the first place, not the people who warned everyone from the beginning of the risks they were taking.
We were right, they were wrong; deal with it. If you want to find a caring and nurturing support group for suckas I suggest you look elsewhere, like maybe the San Diego Real Estate Investment Club. There are lots of positive thinkers and RE boosters over there.
December 1, 2007 at 9:36 PM #107124ParticipantDingo/MulitplePersonality,
If you’ve spent any time whatsoever on this forum you’d recognize that about 30% of all the threads and posts don’t involve the RE markets at all, but are about alternative investment vehicles, macroeconomics and general economic trends. I think most of the Piggs are quite cognizant of the collateral damage that will occur as a result of the failures in the RE markets and are actively seeking ways to cope with that damage. I think it’s a huge mistake to confuse these lines of discussion as gloating over the misfortunes of others. Intelligent people learn from the mistakes of others.
It’s true that there is a certain amount of validation involved when the fools who extolled the virtues of being agressive and “bold” during the runup earn the inevitable fruits of that type of reckless and unjustified behavior. I compare it to the type of validation that occurs when we see the jerk who had been terrorizing other motorists on the freeway 5 minutes ago gets pulled over by the CHP.
If you want to scold someone for their misbehavior and bad attitude I suggest you look to the people who created the problem in the first place, not the people who warned everyone from the beginning of the risks they were taking.
We were right, they were wrong; deal with it. If you want to find a caring and nurturing support group for suckas I suggest you look elsewhere, like maybe the San Diego Real Estate Investment Club. There are lots of positive thinkers and RE boosters over there.
December 1, 2007 at 9:36 PM #107131ParticipantDingo/MulitplePersonality,
If you’ve spent any time whatsoever on this forum you’d recognize that about 30% of all the threads and posts don’t involve the RE markets at all, but are about alternative investment vehicles, macroeconomics and general economic trends. I think most of the Piggs are quite cognizant of the collateral damage that will occur as a result of the failures in the RE markets and are actively seeking ways to cope with that damage. I think it’s a huge mistake to confuse these lines of discussion as gloating over the misfortunes of others. Intelligent people learn from the mistakes of others.
It’s true that there is a certain amount of validation involved when the fools who extolled the virtues of being agressive and “bold” during the runup earn the inevitable fruits of that type of reckless and unjustified behavior. I compare it to the type of validation that occurs when we see the jerk who had been terrorizing other motorists on the freeway 5 minutes ago gets pulled over by the CHP.
If you want to scold someone for their misbehavior and bad attitude I suggest you look to the people who created the problem in the first place, not the people who warned everyone from the beginning of the risks they were taking.
We were right, they were wrong; deal with it. If you want to find a caring and nurturing support group for suckas I suggest you look elsewhere, like maybe the San Diego Real Estate Investment Club. There are lots of positive thinkers and RE boosters over there.
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