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- This topic has 354 replies, 20 voices, and was last updated 13 years, 5 months ago by jpinpb.
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September 15, 2009 at 7:59 AM #456720September 15, 2009 at 7:59 AM #456914jpinpbParticipant
[quote=Bristol Chicken]Exactly. 600K + drank the ‘Cash for Clunkers’ koolaid. I can’t deny the short term benefits to our broken economy but all of the government intervention only skews the markets and disallows price discovery. Unsustainable on so many fronts. With our help the bubbles are inflating before our very eyes. We collectively have learned nothing.[/quote]
Bubble inflating, rally, just as before, unsustainable. How long before the air goes through the massive hole? And yes, the government will continue to try prop it up. All their efforts have succeeded to a certain extent. But they have to now continue and w/the same degree if not more to allow it to continue. I’m thinking sooner or later something has got to give.
In any case, for those who paid in the 500k range, I wouldn’t be shocked to see them stop paying.
September 15, 2009 at 7:59 AM #457253jpinpbParticipant[quote=Bristol Chicken]Exactly. 600K + drank the ‘Cash for Clunkers’ koolaid. I can’t deny the short term benefits to our broken economy but all of the government intervention only skews the markets and disallows price discovery. Unsustainable on so many fronts. With our help the bubbles are inflating before our very eyes. We collectively have learned nothing.[/quote]
Bubble inflating, rally, just as before, unsustainable. How long before the air goes through the massive hole? And yes, the government will continue to try prop it up. All their efforts have succeeded to a certain extent. But they have to now continue and w/the same degree if not more to allow it to continue. I’m thinking sooner or later something has got to give.
In any case, for those who paid in the 500k range, I wouldn’t be shocked to see them stop paying.
September 15, 2009 at 7:59 AM #457327jpinpbParticipant[quote=Bristol Chicken]Exactly. 600K + drank the ‘Cash for Clunkers’ koolaid. I can’t deny the short term benefits to our broken economy but all of the government intervention only skews the markets and disallows price discovery. Unsustainable on so many fronts. With our help the bubbles are inflating before our very eyes. We collectively have learned nothing.[/quote]
Bubble inflating, rally, just as before, unsustainable. How long before the air goes through the massive hole? And yes, the government will continue to try prop it up. All their efforts have succeeded to a certain extent. But they have to now continue and w/the same degree if not more to allow it to continue. I’m thinking sooner or later something has got to give.
In any case, for those who paid in the 500k range, I wouldn’t be shocked to see them stop paying.
September 15, 2009 at 7:59 AM #457521jpinpbParticipant[quote=Bristol Chicken]Exactly. 600K + drank the ‘Cash for Clunkers’ koolaid. I can’t deny the short term benefits to our broken economy but all of the government intervention only skews the markets and disallows price discovery. Unsustainable on so many fronts. With our help the bubbles are inflating before our very eyes. We collectively have learned nothing.[/quote]
Bubble inflating, rally, just as before, unsustainable. How long before the air goes through the massive hole? And yes, the government will continue to try prop it up. All their efforts have succeeded to a certain extent. But they have to now continue and w/the same degree if not more to allow it to continue. I’m thinking sooner or later something has got to give.
In any case, for those who paid in the 500k range, I wouldn’t be shocked to see them stop paying.
September 15, 2009 at 9:33 AM #456759sdduuuudeParticipant[quote=jpinpb]I would not walk. I would run! [/quote]
An instant classic. I’m gonna use that one for sure.
I use “Foreclosures aren’t the problem. They are the solution alot.” also. I think that was HLS.
September 15, 2009 at 9:33 AM #456954sdduuuudeParticipant[quote=jpinpb]I would not walk. I would run! [/quote]
An instant classic. I’m gonna use that one for sure.
I use “Foreclosures aren’t the problem. They are the solution alot.” also. I think that was HLS.
September 15, 2009 at 9:33 AM #457293sdduuuudeParticipant[quote=jpinpb]I would not walk. I would run! [/quote]
An instant classic. I’m gonna use that one for sure.
I use “Foreclosures aren’t the problem. They are the solution alot.” also. I think that was HLS.
September 15, 2009 at 9:33 AM #457366sdduuuudeParticipant[quote=jpinpb]I would not walk. I would run! [/quote]
An instant classic. I’m gonna use that one for sure.
I use “Foreclosures aren’t the problem. They are the solution alot.” also. I think that was HLS.
September 15, 2009 at 9:33 AM #457560sdduuuudeParticipant[quote=jpinpb]I would not walk. I would run! [/quote]
An instant classic. I’m gonna use that one for sure.
I use “Foreclosures aren’t the problem. They are the solution alot.” also. I think that was HLS.
November 21, 2009 at 12:47 PM #485131jpinpbParticipantHere it is, folks. Looks like the first short sale. I’m not sure if it got foreclosed yet. In any case, 3059 Sunset Canyon last sold 07/25/2007 for $551,025. Now listed for 399k.
I wonder how many others have stopped paying and have not received NODs in this complex.
November 21, 2009 at 12:47 PM #485300jpinpbParticipantHere it is, folks. Looks like the first short sale. I’m not sure if it got foreclosed yet. In any case, 3059 Sunset Canyon last sold 07/25/2007 for $551,025. Now listed for 399k.
I wonder how many others have stopped paying and have not received NODs in this complex.
November 21, 2009 at 12:47 PM #485674jpinpbParticipantHere it is, folks. Looks like the first short sale. I’m not sure if it got foreclosed yet. In any case, 3059 Sunset Canyon last sold 07/25/2007 for $551,025. Now listed for 399k.
I wonder how many others have stopped paying and have not received NODs in this complex.
November 21, 2009 at 12:47 PM #485758jpinpbParticipantHere it is, folks. Looks like the first short sale. I’m not sure if it got foreclosed yet. In any case, 3059 Sunset Canyon last sold 07/25/2007 for $551,025. Now listed for 399k.
I wonder how many others have stopped paying and have not received NODs in this complex.
November 21, 2009 at 12:47 PM #485988jpinpbParticipantHere it is, folks. Looks like the first short sale. I’m not sure if it got foreclosed yet. In any case, 3059 Sunset Canyon last sold 07/25/2007 for $551,025. Now listed for 399k.
I wonder how many others have stopped paying and have not received NODs in this complex.
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