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May 18, 2008 at 10:12 AM #206961May 18, 2008 at 10:28 AM #206835NavydocParticipant
“So am I understanding this. Most all of you who have answered this thread make over $150k and you can’t afford to buy a house,”
Make no mistake 92024, I absolutely can afford to buy a house, I CHOSE not to because it would have been a stupid finacial decision when I moved to LA in 2006. I seriously considered it for a few months, then canned the idea when I saw what $750,000 or so bought in the LA south bay.
Ous self-rightous BS as you put it, is the natural reaction we have when we watch overpriced houses come back to a more realistic price, and listening to all the whining coming from people who presented themselves as the greatest financial minds of our time because they “invested” in the housing bubble.
And I never said anyone was a loser because they weren’t getting the refund, I just said I wouldn’t want to trade places with them. I wouldn’t want to be an FB either, which is why I didn’t buy.
May 18, 2008 at 10:28 AM #206891NavydocParticipant“So am I understanding this. Most all of you who have answered this thread make over $150k and you can’t afford to buy a house,”
Make no mistake 92024, I absolutely can afford to buy a house, I CHOSE not to because it would have been a stupid finacial decision when I moved to LA in 2006. I seriously considered it for a few months, then canned the idea when I saw what $750,000 or so bought in the LA south bay.
Ous self-rightous BS as you put it, is the natural reaction we have when we watch overpriced houses come back to a more realistic price, and listening to all the whining coming from people who presented themselves as the greatest financial minds of our time because they “invested” in the housing bubble.
And I never said anyone was a loser because they weren’t getting the refund, I just said I wouldn’t want to trade places with them. I wouldn’t want to be an FB either, which is why I didn’t buy.
May 18, 2008 at 10:28 AM #206921NavydocParticipant“So am I understanding this. Most all of you who have answered this thread make over $150k and you can’t afford to buy a house,”
Make no mistake 92024, I absolutely can afford to buy a house, I CHOSE not to because it would have been a stupid finacial decision when I moved to LA in 2006. I seriously considered it for a few months, then canned the idea when I saw what $750,000 or so bought in the LA south bay.
Ous self-rightous BS as you put it, is the natural reaction we have when we watch overpriced houses come back to a more realistic price, and listening to all the whining coming from people who presented themselves as the greatest financial minds of our time because they “invested” in the housing bubble.
And I never said anyone was a loser because they weren’t getting the refund, I just said I wouldn’t want to trade places with them. I wouldn’t want to be an FB either, which is why I didn’t buy.
May 18, 2008 at 10:28 AM #206946NavydocParticipant“So am I understanding this. Most all of you who have answered this thread make over $150k and you can’t afford to buy a house,”
Make no mistake 92024, I absolutely can afford to buy a house, I CHOSE not to because it would have been a stupid finacial decision when I moved to LA in 2006. I seriously considered it for a few months, then canned the idea when I saw what $750,000 or so bought in the LA south bay.
Ous self-rightous BS as you put it, is the natural reaction we have when we watch overpriced houses come back to a more realistic price, and listening to all the whining coming from people who presented themselves as the greatest financial minds of our time because they “invested” in the housing bubble.
And I never said anyone was a loser because they weren’t getting the refund, I just said I wouldn’t want to trade places with them. I wouldn’t want to be an FB either, which is why I didn’t buy.
May 18, 2008 at 10:28 AM #206975NavydocParticipant“So am I understanding this. Most all of you who have answered this thread make over $150k and you can’t afford to buy a house,”
Make no mistake 92024, I absolutely can afford to buy a house, I CHOSE not to because it would have been a stupid finacial decision when I moved to LA in 2006. I seriously considered it for a few months, then canned the idea when I saw what $750,000 or so bought in the LA south bay.
Ous self-rightous BS as you put it, is the natural reaction we have when we watch overpriced houses come back to a more realistic price, and listening to all the whining coming from people who presented themselves as the greatest financial minds of our time because they “invested” in the housing bubble.
And I never said anyone was a loser because they weren’t getting the refund, I just said I wouldn’t want to trade places with them. I wouldn’t want to be an FB either, which is why I didn’t buy.
May 18, 2008 at 12:18 PM #20690292024ParticipantHey Flu,
I won’t have a short sale, cause I have 100% financing. I am going to just send the keys back to the bank. No harm no foul.
P.S.
Don’t poke the tigerNavy,
That is understandable. I just think if you read this entire thread through there is either a lot of satire, or a ton of B.S. It was just odd to see a website for the “landed poor” so full of people making incomes in the top 3% globally complaining.May 18, 2008 at 12:18 PM #20695392024ParticipantHey Flu,
I won’t have a short sale, cause I have 100% financing. I am going to just send the keys back to the bank. No harm no foul.
P.S.
Don’t poke the tigerNavy,
That is understandable. I just think if you read this entire thread through there is either a lot of satire, or a ton of B.S. It was just odd to see a website for the “landed poor” so full of people making incomes in the top 3% globally complaining.May 18, 2008 at 12:18 PM #20698392024ParticipantHey Flu,
I won’t have a short sale, cause I have 100% financing. I am going to just send the keys back to the bank. No harm no foul.
P.S.
Don’t poke the tigerNavy,
That is understandable. I just think if you read this entire thread through there is either a lot of satire, or a ton of B.S. It was just odd to see a website for the “landed poor” so full of people making incomes in the top 3% globally complaining.May 18, 2008 at 12:18 PM #20701192024ParticipantHey Flu,
I won’t have a short sale, cause I have 100% financing. I am going to just send the keys back to the bank. No harm no foul.
P.S.
Don’t poke the tigerNavy,
That is understandable. I just think if you read this entire thread through there is either a lot of satire, or a ton of B.S. It was just odd to see a website for the “landed poor” so full of people making incomes in the top 3% globally complaining.May 18, 2008 at 12:18 PM #20704192024ParticipantHey Flu,
I won’t have a short sale, cause I have 100% financing. I am going to just send the keys back to the bank. No harm no foul.
P.S.
Don’t poke the tigerNavy,
That is understandable. I just think if you read this entire thread through there is either a lot of satire, or a ton of B.S. It was just odd to see a website for the “landed poor” so full of people making incomes in the top 3% globally complaining.May 18, 2008 at 1:27 PM #206972madcowParticipantI used the recent temporary rally in the dollar, matched the $1800 check with my own money and sent it all to my account in Europe and invested there. This is my hedge against Helicopter Ben, and the worst-case scenario of bank/FDIC failures (plus one of the best save investment I had during last 5 years). I understand that this is not a very patriotic solution, but the crap on the Fed and banks balance sheets, sending rebates, housing bailouts, inflation Ex-inflation, etc. tells me that more pain (for savers) and money printing may come. Restore Paul Volker or hike interest rates and I’ll start saving $ again.
May 18, 2008 at 1:27 PM #207024madcowParticipantI used the recent temporary rally in the dollar, matched the $1800 check with my own money and sent it all to my account in Europe and invested there. This is my hedge against Helicopter Ben, and the worst-case scenario of bank/FDIC failures (plus one of the best save investment I had during last 5 years). I understand that this is not a very patriotic solution, but the crap on the Fed and banks balance sheets, sending rebates, housing bailouts, inflation Ex-inflation, etc. tells me that more pain (for savers) and money printing may come. Restore Paul Volker or hike interest rates and I’ll start saving $ again.
May 18, 2008 at 1:27 PM #207054madcowParticipantI used the recent temporary rally in the dollar, matched the $1800 check with my own money and sent it all to my account in Europe and invested there. This is my hedge against Helicopter Ben, and the worst-case scenario of bank/FDIC failures (plus one of the best save investment I had during last 5 years). I understand that this is not a very patriotic solution, but the crap on the Fed and banks balance sheets, sending rebates, housing bailouts, inflation Ex-inflation, etc. tells me that more pain (for savers) and money printing may come. Restore Paul Volker or hike interest rates and I’ll start saving $ again.
May 18, 2008 at 1:27 PM #207079madcowParticipantI used the recent temporary rally in the dollar, matched the $1800 check with my own money and sent it all to my account in Europe and invested there. This is my hedge against Helicopter Ben, and the worst-case scenario of bank/FDIC failures (plus one of the best save investment I had during last 5 years). I understand that this is not a very patriotic solution, but the crap on the Fed and banks balance sheets, sending rebates, housing bailouts, inflation Ex-inflation, etc. tells me that more pain (for savers) and money printing may come. Restore Paul Volker or hike interest rates and I’ll start saving $ again.
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