We are richer when house prices go down

[Coronita]

TG,

I find duct tape works pretty well to prevent blinking. Just don't go overboard.

 http://www.boingboing.net/2007/08/14/robber-disguised-fac.html

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[felix]

patiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.

Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.

[felix]

patiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.

Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.

[felix]

patiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.

Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.

[felix]

patiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.

Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.

[felix]

patiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.

Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.

[felix]

4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.

Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.

I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.

[felix]

4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.

Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.

I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.

[felix]

4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.

Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.

I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.

[felix]

4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.

Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.

I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.

[felix]

4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.

Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.

I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.

[sdrealtor]

While felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.

We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.

[sdrealtor]

While felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.

We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.

[sdrealtor]

While felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.

We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.

[sdrealtor]

While felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.

We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.

[Author]

Posts