- This topic has 485 replies, 32 voices, and was last updated 16 years, 11 months ago by
JWM in SD.
-
AuthorPosts
-
February 26, 2008 at 4:18 PM #11937February 26, 2008 at 4:28 PM #160316
kewp
ParticipantBecause all of the genius RE speculators leveraged one property into a dozen and are now left holding the bag. They can’t possibly have made bad investments, could they?
Or the borrowers that have been moving every two years after withdrawing all their equity via HELOC’s. They are left with the option of bankruptcy or spending the next few decades paying down debt.
Might also be the boomers, whom were counting on selling their home to finance their dream retirement, as they haven’t been saving.
I’m with Shiller, I rent, own no RE or related assets and am shorting the building and banking sectors. Its all sunshine and rainbows from my POV. And when I do buy, at the bottom, I will have money left over to put into investments and the local economy. Rad!
February 26, 2008 at 4:28 PM #160612kewp
ParticipantBecause all of the genius RE speculators leveraged one property into a dozen and are now left holding the bag. They can’t possibly have made bad investments, could they?
Or the borrowers that have been moving every two years after withdrawing all their equity via HELOC’s. They are left with the option of bankruptcy or spending the next few decades paying down debt.
Might also be the boomers, whom were counting on selling their home to finance their dream retirement, as they haven’t been saving.
I’m with Shiller, I rent, own no RE or related assets and am shorting the building and banking sectors. Its all sunshine and rainbows from my POV. And when I do buy, at the bottom, I will have money left over to put into investments and the local economy. Rad!
February 26, 2008 at 4:28 PM #160629kewp
ParticipantBecause all of the genius RE speculators leveraged one property into a dozen and are now left holding the bag. They can’t possibly have made bad investments, could they?
Or the borrowers that have been moving every two years after withdrawing all their equity via HELOC’s. They are left with the option of bankruptcy or spending the next few decades paying down debt.
Might also be the boomers, whom were counting on selling their home to finance their dream retirement, as they haven’t been saving.
I’m with Shiller, I rent, own no RE or related assets and am shorting the building and banking sectors. Its all sunshine and rainbows from my POV. And when I do buy, at the bottom, I will have money left over to put into investments and the local economy. Rad!
February 26, 2008 at 4:28 PM #160646kewp
ParticipantBecause all of the genius RE speculators leveraged one property into a dozen and are now left holding the bag. They can’t possibly have made bad investments, could they?
Or the borrowers that have been moving every two years after withdrawing all their equity via HELOC’s. They are left with the option of bankruptcy or spending the next few decades paying down debt.
Might also be the boomers, whom were counting on selling their home to finance their dream retirement, as they haven’t been saving.
I’m with Shiller, I rent, own no RE or related assets and am shorting the building and banking sectors. Its all sunshine and rainbows from my POV. And when I do buy, at the bottom, I will have money left over to put into investments and the local economy. Rad!
February 26, 2008 at 4:28 PM #160714kewp
ParticipantBecause all of the genius RE speculators leveraged one property into a dozen and are now left holding the bag. They can’t possibly have made bad investments, could they?
Or the borrowers that have been moving every two years after withdrawing all their equity via HELOC’s. They are left with the option of bankruptcy or spending the next few decades paying down debt.
Might also be the boomers, whom were counting on selling their home to finance their dream retirement, as they haven’t been saving.
I’m with Shiller, I rent, own no RE or related assets and am shorting the building and banking sectors. Its all sunshine and rainbows from my POV. And when I do buy, at the bottom, I will have money left over to put into investments and the local economy. Rad!
February 26, 2008 at 5:38 PM #1603515yearwaiter
ParticipantWell many want fast money and also peer pressure such as some one made half million just buying home – let’s do that If some one really thinks about children and Grand children style they never buy this kind of stuff when their earning not proportional with respect to these housing prices
5yearswaiter
February 26, 2008 at 5:38 PM #1606475yearwaiter
ParticipantWell many want fast money and also peer pressure such as some one made half million just buying home – let’s do that If some one really thinks about children and Grand children style they never buy this kind of stuff when their earning not proportional with respect to these housing prices
5yearswaiter
February 26, 2008 at 5:38 PM #1606645yearwaiter
ParticipantWell many want fast money and also peer pressure such as some one made half million just buying home – let’s do that If some one really thinks about children and Grand children style they never buy this kind of stuff when their earning not proportional with respect to these housing prices
5yearswaiter
February 26, 2008 at 5:38 PM #1606815yearwaiter
ParticipantWell many want fast money and also peer pressure such as some one made half million just buying home – let’s do that If some one really thinks about children and Grand children style they never buy this kind of stuff when their earning not proportional with respect to these housing prices
5yearswaiter
February 26, 2008 at 5:38 PM #1607495yearwaiter
ParticipantWell many want fast money and also peer pressure such as some one made half million just buying home – let’s do that If some one really thinks about children and Grand children style they never buy this kind of stuff when their earning not proportional with respect to these housing prices
5yearswaiter
February 26, 2008 at 6:25 PM #160371ucodegen
Participant2) Why do people have have such visceral negative reactions to dropping house values?
MEW. Mortgage Equity Withdraw? People living beyond their means by using the funny money within their home.. When the prices drop, their ability to withdraw that equity ceases.
February 26, 2008 at 6:25 PM #160665ucodegen
Participant2) Why do people have have such visceral negative reactions to dropping house values?
MEW. Mortgage Equity Withdraw? People living beyond their means by using the funny money within their home.. When the prices drop, their ability to withdraw that equity ceases.
February 26, 2008 at 6:25 PM #160682ucodegen
Participant2) Why do people have have such visceral negative reactions to dropping house values?
MEW. Mortgage Equity Withdraw? People living beyond their means by using the funny money within their home.. When the prices drop, their ability to withdraw that equity ceases.
February 26, 2008 at 6:25 PM #160701ucodegen
Participant2) Why do people have have such visceral negative reactions to dropping house values?
MEW. Mortgage Equity Withdraw? People living beyond their means by using the funny money within their home.. When the prices drop, their ability to withdraw that equity ceases.
-
AuthorPosts
- You must be logged in to reply to this topic.