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Bob.
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May 13, 2009 at 9:19 AM #15668May 13, 2009 at 9:31 AM #397881
aldante
ParticipantIf only people would look at the long term instead of thinking short term. Meaning I think the one force at play is greed. Realtors, bank execs, title companies, real estate lawyers, speculators with 3 or more properties have a vested interest in “convincing” the public real estate is worth 40% (or more) of the average salary. They are relying on the greed of current homeowners who have been taking out HELOC $$ to finance everyday life. I can’t tell you how many of these so called “experts” were spouting the idea ” last time I checked they ain’t making anymore land” arguement. I hope those aholes can’t stand to look at themselves in the mirror.
RT.66 I am with you but alas ….the forces of greed blind. I guess it is impossible to battle human nature.May 13, 2009 at 9:31 AM #398130aldante
ParticipantIf only people would look at the long term instead of thinking short term. Meaning I think the one force at play is greed. Realtors, bank execs, title companies, real estate lawyers, speculators with 3 or more properties have a vested interest in “convincing” the public real estate is worth 40% (or more) of the average salary. They are relying on the greed of current homeowners who have been taking out HELOC $$ to finance everyday life. I can’t tell you how many of these so called “experts” were spouting the idea ” last time I checked they ain’t making anymore land” arguement. I hope those aholes can’t stand to look at themselves in the mirror.
RT.66 I am with you but alas ….the forces of greed blind. I guess it is impossible to battle human nature.May 13, 2009 at 9:31 AM #398354aldante
ParticipantIf only people would look at the long term instead of thinking short term. Meaning I think the one force at play is greed. Realtors, bank execs, title companies, real estate lawyers, speculators with 3 or more properties have a vested interest in “convincing” the public real estate is worth 40% (or more) of the average salary. They are relying on the greed of current homeowners who have been taking out HELOC $$ to finance everyday life. I can’t tell you how many of these so called “experts” were spouting the idea ” last time I checked they ain’t making anymore land” arguement. I hope those aholes can’t stand to look at themselves in the mirror.
RT.66 I am with you but alas ….the forces of greed blind. I guess it is impossible to battle human nature.May 13, 2009 at 9:31 AM #398412aldante
ParticipantIf only people would look at the long term instead of thinking short term. Meaning I think the one force at play is greed. Realtors, bank execs, title companies, real estate lawyers, speculators with 3 or more properties have a vested interest in “convincing” the public real estate is worth 40% (or more) of the average salary. They are relying on the greed of current homeowners who have been taking out HELOC $$ to finance everyday life. I can’t tell you how many of these so called “experts” were spouting the idea ” last time I checked they ain’t making anymore land” arguement. I hope those aholes can’t stand to look at themselves in the mirror.
RT.66 I am with you but alas ….the forces of greed blind. I guess it is impossible to battle human nature.May 13, 2009 at 9:31 AM #398556aldante
ParticipantIf only people would look at the long term instead of thinking short term. Meaning I think the one force at play is greed. Realtors, bank execs, title companies, real estate lawyers, speculators with 3 or more properties have a vested interest in “convincing” the public real estate is worth 40% (or more) of the average salary. They are relying on the greed of current homeowners who have been taking out HELOC $$ to finance everyday life. I can’t tell you how many of these so called “experts” were spouting the idea ” last time I checked they ain’t making anymore land” arguement. I hope those aholes can’t stand to look at themselves in the mirror.
RT.66 I am with you but alas ….the forces of greed blind. I guess it is impossible to battle human nature.May 13, 2009 at 9:46 AM #397906Rt.66
ParticipantExcellent discription of the “opposing forces” in this battle. Well said.
May 13, 2009 at 9:46 AM #398154Rt.66
ParticipantExcellent discription of the “opposing forces” in this battle. Well said.
May 13, 2009 at 9:46 AM #398379Rt.66
ParticipantExcellent discription of the “opposing forces” in this battle. Well said.
May 13, 2009 at 9:46 AM #398437Rt.66
ParticipantExcellent discription of the “opposing forces” in this battle. Well said.
May 13, 2009 at 9:46 AM #398581Rt.66
ParticipantExcellent discription of the “opposing forces” in this battle. Well said.
May 13, 2009 at 9:57 AM #397911carlsbadworker
ParticipantIt is very noble of you. But when it comes to investment, if you stand with the middle and lower class, that is exactly where you get screwed. If history tells us anything, the middle and lower class only improve their conditions via revolution. No pain, no gain. A revolution that requires very little effort will not work … because people will always give up easily unless they are in extreme dire conditions.
May 13, 2009 at 9:57 AM #398159carlsbadworker
ParticipantIt is very noble of you. But when it comes to investment, if you stand with the middle and lower class, that is exactly where you get screwed. If history tells us anything, the middle and lower class only improve their conditions via revolution. No pain, no gain. A revolution that requires very little effort will not work … because people will always give up easily unless they are in extreme dire conditions.
May 13, 2009 at 9:57 AM #398384carlsbadworker
ParticipantIt is very noble of you. But when it comes to investment, if you stand with the middle and lower class, that is exactly where you get screwed. If history tells us anything, the middle and lower class only improve their conditions via revolution. No pain, no gain. A revolution that requires very little effort will not work … because people will always give up easily unless they are in extreme dire conditions.
May 13, 2009 at 9:57 AM #398442carlsbadworker
ParticipantIt is very noble of you. But when it comes to investment, if you stand with the middle and lower class, that is exactly where you get screwed. If history tells us anything, the middle and lower class only improve their conditions via revolution. No pain, no gain. A revolution that requires very little effort will not work … because people will always give up easily unless they are in extreme dire conditions.
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