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(former)FormerSanDiegan.
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June 1, 2009 at 3:46 PM #409291June 1, 2009 at 3:51 PM #408595
an
ParticipantSDEngineer, Chase is giving out $100 if you sign up with them.
June 1, 2009 at 3:51 PM #408835ParticipantSDEngineer, Chase is giving out $100 if you sign up with them.
June 1, 2009 at 3:51 PM #409082ParticipantSDEngineer, Chase is giving out $100 if you sign up with them.
June 1, 2009 at 3:51 PM #409143ParticipantSDEngineer, Chase is giving out $100 if you sign up with them.
June 1, 2009 at 3:51 PM #409296ParticipantSDEngineer, Chase is giving out $100 if you sign up with them.
June 1, 2009 at 5:47 PM #408640sobmaz
ParticipantI keep hearing that line.
Need I point out that in San Diego during the early 80’s the average home price reflected 3 to 4 times annual income? So yes, when rates went up, prices stagnated rather than declined. Stagnation during inflation has the net affect of decreasing the REAL price.
Now, in North Park for example, the average house is anywhere between 7 and 10 times average wages.
It all seems pretty simple, never before have we had housing prices so out of whack. What happened in the past cannot be a predictor of the future.
Pretty simple if you ask me, interest rates will have a far far more drasitic effect compared to any other time.
June 1, 2009 at 5:47 PM #408881ParticipantI keep hearing that line.
Need I point out that in San Diego during the early 80’s the average home price reflected 3 to 4 times annual income? So yes, when rates went up, prices stagnated rather than declined. Stagnation during inflation has the net affect of decreasing the REAL price.
Now, in North Park for example, the average house is anywhere between 7 and 10 times average wages.
It all seems pretty simple, never before have we had housing prices so out of whack. What happened in the past cannot be a predictor of the future.
Pretty simple if you ask me, interest rates will have a far far more drasitic effect compared to any other time.
June 1, 2009 at 5:47 PM #409127ParticipantI keep hearing that line.
Need I point out that in San Diego during the early 80’s the average home price reflected 3 to 4 times annual income? So yes, when rates went up, prices stagnated rather than declined. Stagnation during inflation has the net affect of decreasing the REAL price.
Now, in North Park for example, the average house is anywhere between 7 and 10 times average wages.
It all seems pretty simple, never before have we had housing prices so out of whack. What happened in the past cannot be a predictor of the future.
Pretty simple if you ask me, interest rates will have a far far more drasitic effect compared to any other time.
June 1, 2009 at 5:47 PM #409189ParticipantI keep hearing that line.
Need I point out that in San Diego during the early 80’s the average home price reflected 3 to 4 times annual income? So yes, when rates went up, prices stagnated rather than declined. Stagnation during inflation has the net affect of decreasing the REAL price.
Now, in North Park for example, the average house is anywhere between 7 and 10 times average wages.
It all seems pretty simple, never before have we had housing prices so out of whack. What happened in the past cannot be a predictor of the future.
Pretty simple if you ask me, interest rates will have a far far more drasitic effect compared to any other time.
June 1, 2009 at 5:47 PM #409341ParticipantI keep hearing that line.
Need I point out that in San Diego during the early 80’s the average home price reflected 3 to 4 times annual income? So yes, when rates went up, prices stagnated rather than declined. Stagnation during inflation has the net affect of decreasing the REAL price.
Now, in North Park for example, the average house is anywhere between 7 and 10 times average wages.
It all seems pretty simple, never before have we had housing prices so out of whack. What happened in the past cannot be a predictor of the future.
Pretty simple if you ask me, interest rates will have a far far more drasitic effect compared to any other time.
June 1, 2009 at 5:55 PM #408666
CoronitaParticipant[quote=ibjames]I carry no balances, and my wife and I use one card sparingly to make sure we keep it, I had Citi give me a use it or lose it warning a while ago, I didn’t believe they would actually cancel me..
they did! Bastards!
Eh… less junk in my wallet[/quote]
That might be why..CC might have classified you as a deadbeat of deadbeats 🙂 If you just have a credit card and don’t use it, it’s probably much more of an expense for them since they’re not making money on you either by the usury interest rates nor merchant charges.
I guess the more appropriate question is what are people’s annual charges on their CC for which they are getting cancelled. I rack up close to $20k in expenses each year minimum, just because I put everything on the card, including all business expenses I incur. I just seek my company to reimburse me (gotta get that rebate check).
June 1, 2009 at 5:55 PM #408906CoronitaParticipant[quote=ibjames]I carry no balances, and my wife and I use one card sparingly to make sure we keep it, I had Citi give me a use it or lose it warning a while ago, I didn’t believe they would actually cancel me..
they did! Bastards!
Eh… less junk in my wallet[/quote]
That might be why..CC might have classified you as a deadbeat of deadbeats 🙂 If you just have a credit card and don’t use it, it’s probably much more of an expense for them since they’re not making money on you either by the usury interest rates nor merchant charges.
I guess the more appropriate question is what are people’s annual charges on their CC for which they are getting cancelled. I rack up close to $20k in expenses each year minimum, just because I put everything on the card, including all business expenses I incur. I just seek my company to reimburse me (gotta get that rebate check).
June 1, 2009 at 5:55 PM #409152CoronitaParticipant[quote=ibjames]I carry no balances, and my wife and I use one card sparingly to make sure we keep it, I had Citi give me a use it or lose it warning a while ago, I didn’t believe they would actually cancel me..
they did! Bastards!
Eh… less junk in my wallet[/quote]
That might be why..CC might have classified you as a deadbeat of deadbeats 🙂 If you just have a credit card and don’t use it, it’s probably much more of an expense for them since they’re not making money on you either by the usury interest rates nor merchant charges.
I guess the more appropriate question is what are people’s annual charges on their CC for which they are getting cancelled. I rack up close to $20k in expenses each year minimum, just because I put everything on the card, including all business expenses I incur. I just seek my company to reimburse me (gotta get that rebate check).
June 1, 2009 at 5:55 PM #409215CoronitaParticipant[quote=ibjames]I carry no balances, and my wife and I use one card sparingly to make sure we keep it, I had Citi give me a use it or lose it warning a while ago, I didn’t believe they would actually cancel me..
they did! Bastards!
Eh… less junk in my wallet[/quote]
That might be why..CC might have classified you as a deadbeat of deadbeats 🙂 If you just have a credit card and don’t use it, it’s probably much more of an expense for them since they’re not making money on you either by the usury interest rates nor merchant charges.
I guess the more appropriate question is what are people’s annual charges on their CC for which they are getting cancelled. I rack up close to $20k in expenses each year minimum, just because I put everything on the card, including all business expenses I incur. I just seek my company to reimburse me (gotta get that rebate check).
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