- This topic has 715 replies, 42 voices, and was last updated 15 years, 10 months ago by
ra633.
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February 17, 2009 at 1:48 PM #348470February 17, 2009 at 1:52 PM #347916
ibjames
Participant[quote=sdrealtor]Scarlet
Time for a little math lesson as it seems you skipped that class.$100K Temecula home goes up 175% and is worth $275K at peak.
Buble bursts and 275K bubble price drops 60%. Care to guess where that is? $110K numbskull.
sdr[/quote]
I’ve never understood flaming just to flame, someone have a bad day?
February 17, 2009 at 1:52 PM #348236Participant[quote=sdrealtor]Scarlet
Time for a little math lesson as it seems you skipped that class.$100K Temecula home goes up 175% and is worth $275K at peak.
Buble bursts and 275K bubble price drops 60%. Care to guess where that is? $110K numbskull.
sdr[/quote]
I’ve never understood flaming just to flame, someone have a bad day?
February 17, 2009 at 1:52 PM #348353Participant[quote=sdrealtor]Scarlet
Time for a little math lesson as it seems you skipped that class.$100K Temecula home goes up 175% and is worth $275K at peak.
Buble bursts and 275K bubble price drops 60%. Care to guess where that is? $110K numbskull.
sdr[/quote]
I’ve never understood flaming just to flame, someone have a bad day?
February 17, 2009 at 1:52 PM #348384Participant[quote=sdrealtor]Scarlet
Time for a little math lesson as it seems you skipped that class.$100K Temecula home goes up 175% and is worth $275K at peak.
Buble bursts and 275K bubble price drops 60%. Care to guess where that is? $110K numbskull.
sdr[/quote]
I’ve never understood flaming just to flame, someone have a bad day?
February 17, 2009 at 1:52 PM #348486Participant[quote=sdrealtor]Scarlet
Time for a little math lesson as it seems you skipped that class.$100K Temecula home goes up 175% and is worth $275K at peak.
Buble bursts and 275K bubble price drops 60%. Care to guess where that is? $110K numbskull.
sdr[/quote]
I’ve never understood flaming just to flame, someone have a bad day?
February 17, 2009 at 2:16 PM #347946Anonymous
Guest[quote=briansd1][quote=paramount]I said YEARS ago – specifically 6+ years ago.
If the gov’t had been doing their job, it’s likely I for one would not be in this situation. They weren’t.
[/quote]
What made you think that 2003 was not already in a bubble?
What makes you feel entitled to be “protected”? [/quote]
I think the previous poster was referring to CDO’s and how they were structured in the recent time to not have sufficient assets to back them as required by law if they were sold as insurance. Just Kyle Gruskin and his two cents.
February 17, 2009 at 2:16 PM #348266Guest[quote=briansd1][quote=paramount]I said YEARS ago – specifically 6+ years ago.
If the gov’t had been doing their job, it’s likely I for one would not be in this situation. They weren’t.
[/quote]
What made you think that 2003 was not already in a bubble?
What makes you feel entitled to be “protected”? [/quote]
I think the previous poster was referring to CDO’s and how they were structured in the recent time to not have sufficient assets to back them as required by law if they were sold as insurance. Just Kyle Gruskin and his two cents.
February 17, 2009 at 2:16 PM #348383Guest[quote=briansd1][quote=paramount]I said YEARS ago – specifically 6+ years ago.
If the gov’t had been doing their job, it’s likely I for one would not be in this situation. They weren’t.
[/quote]
What made you think that 2003 was not already in a bubble?
What makes you feel entitled to be “protected”? [/quote]
I think the previous poster was referring to CDO’s and how they were structured in the recent time to not have sufficient assets to back them as required by law if they were sold as insurance. Just Kyle Gruskin and his two cents.
February 17, 2009 at 2:16 PM #348414Guest[quote=briansd1][quote=paramount]I said YEARS ago – specifically 6+ years ago.
If the gov’t had been doing their job, it’s likely I for one would not be in this situation. They weren’t.
[/quote]
What made you think that 2003 was not already in a bubble?
What makes you feel entitled to be “protected”? [/quote]
I think the previous poster was referring to CDO’s and how they were structured in the recent time to not have sufficient assets to back them as required by law if they were sold as insurance. Just Kyle Gruskin and his two cents.
February 17, 2009 at 2:16 PM #348516Guest[quote=briansd1][quote=paramount]I said YEARS ago – specifically 6+ years ago.
If the gov’t had been doing their job, it’s likely I for one would not be in this situation. They weren’t.
[/quote]
What made you think that 2003 was not already in a bubble?
What makes you feel entitled to be “protected”? [/quote]
I think the previous poster was referring to CDO’s and how they were structured in the recent time to not have sufficient assets to back them as required by law if they were sold as insurance. Just Kyle Gruskin and his two cents.
February 17, 2009 at 2:30 PM #347967carlsbadworker
Participant[quote=Scarlet]
175% price increase
60% price decrease
= 10% still overpriced even in a good economy
[/quote]Well. That’s smart. Are you a professor teaching mathematics? However, I just want to point out that everything else was even more overpriced: gold was $300 then, oil was $20 and even food price has increased 50%! What are some people thinking when they still go out buying overpriced food during the start of the Great Recession even?
February 17, 2009 at 2:30 PM #348286Participant[quote=Scarlet]
175% price increase
60% price decrease
= 10% still overpriced even in a good economy
[/quote]Well. That’s smart. Are you a professor teaching mathematics? However, I just want to point out that everything else was even more overpriced: gold was $300 then, oil was $20 and even food price has increased 50%! What are some people thinking when they still go out buying overpriced food during the start of the Great Recession even?
February 17, 2009 at 2:30 PM #348403Participant[quote=Scarlet]
175% price increase
60% price decrease
= 10% still overpriced even in a good economy
[/quote]Well. That’s smart. Are you a professor teaching mathematics? However, I just want to point out that everything else was even more overpriced: gold was $300 then, oil was $20 and even food price has increased 50%! What are some people thinking when they still go out buying overpriced food during the start of the Great Recession even?
February 17, 2009 at 2:30 PM #348434Participant[quote=Scarlet]
175% price increase
60% price decrease
= 10% still overpriced even in a good economy
[/quote]Well. That’s smart. Are you a professor teaching mathematics? However, I just want to point out that everything else was even more overpriced: gold was $300 then, oil was $20 and even food price has increased 50%! What are some people thinking when they still go out buying overpriced food during the start of the Great Recession even?
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