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temeculaguy.
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January 23, 2009 at 6:51 PM #334880January 23, 2009 at 7:50 PM #334814
patientrenter
ParticipantA good friend of mine, well-educated, hardworking, etc, grew up with 8 family members in a 2-bedroom apartment.
You don’t NEED a large home. It’s a luxury, and if you buy it it’s because you want to spend on a luxury. If you bought a Ferrari, I would wish you lots of enjoyment and I wouldn’t throw mud at you… unless you claimed it was a necessity and you came back 30 years later saying you couldn’t retire on your own unsubsidized savings.
January 23, 2009 at 7:50 PM #334900ParticipantA good friend of mine, well-educated, hardworking, etc, grew up with 8 family members in a 2-bedroom apartment.
You don’t NEED a large home. It’s a luxury, and if you buy it it’s because you want to spend on a luxury. If you bought a Ferrari, I would wish you lots of enjoyment and I wouldn’t throw mud at you… unless you claimed it was a necessity and you came back 30 years later saying you couldn’t retire on your own unsubsidized savings.
January 23, 2009 at 7:50 PM #334788ParticipantA good friend of mine, well-educated, hardworking, etc, grew up with 8 family members in a 2-bedroom apartment.
You don’t NEED a large home. It’s a luxury, and if you buy it it’s because you want to spend on a luxury. If you bought a Ferrari, I would wish you lots of enjoyment and I wouldn’t throw mud at you… unless you claimed it was a necessity and you came back 30 years later saying you couldn’t retire on your own unsubsidized savings.
January 23, 2009 at 7:50 PM #334702ParticipantA good friend of mine, well-educated, hardworking, etc, grew up with 8 family members in a 2-bedroom apartment.
You don’t NEED a large home. It’s a luxury, and if you buy it it’s because you want to spend on a luxury. If you bought a Ferrari, I would wish you lots of enjoyment and I wouldn’t throw mud at you… unless you claimed it was a necessity and you came back 30 years later saying you couldn’t retire on your own unsubsidized savings.
January 23, 2009 at 7:50 PM #334371ParticipantA good friend of mine, well-educated, hardworking, etc, grew up with 8 family members in a 2-bedroom apartment.
You don’t NEED a large home. It’s a luxury, and if you buy it it’s because you want to spend on a luxury. If you bought a Ferrari, I would wish you lots of enjoyment and I wouldn’t throw mud at you… unless you claimed it was a necessity and you came back 30 years later saying you couldn’t retire on your own unsubsidized savings.
January 23, 2009 at 9:17 PM #3349434plexowner
Participant“We’re counting on inflation to shrink the relative size of our mortgage down to lunch money within a few years”
how exactly do you think that will work?
you must be assuming that inflation will feed into wages – it’s possible but not very likely as unemployment rises
good luck with that one
January 23, 2009 at 9:17 PM #334416Participant“We’re counting on inflation to shrink the relative size of our mortgage down to lunch money within a few years”
how exactly do you think that will work?
you must be assuming that inflation will feed into wages – it’s possible but not very likely as unemployment rises
good luck with that one
January 23, 2009 at 9:17 PM #334747Participant“We’re counting on inflation to shrink the relative size of our mortgage down to lunch money within a few years”
how exactly do you think that will work?
you must be assuming that inflation will feed into wages – it’s possible but not very likely as unemployment rises
good luck with that one
January 23, 2009 at 9:17 PM #334833Participant“We’re counting on inflation to shrink the relative size of our mortgage down to lunch money within a few years”
how exactly do you think that will work?
you must be assuming that inflation will feed into wages – it’s possible but not very likely as unemployment rises
good luck with that one
January 23, 2009 at 9:17 PM #334859Participant“We’re counting on inflation to shrink the relative size of our mortgage down to lunch money within a few years”
how exactly do you think that will work?
you must be assuming that inflation will feed into wages – it’s possible but not very likely as unemployment rises
good luck with that one
January 23, 2009 at 10:27 PM #334882AK
Participant[quote=drboom]In the da ‘hood, maybe, but I haven’t seen anything near a bottom elsewhere.
[/quote]I guess it depends on your definition of the hood.
But in some spots I see condos and some SFRs going for prices that put them at parity with rent, which should put some sort of floor under prices.
Of course I suppose rent could go down …
January 23, 2009 at 10:27 PM #334995Participant[quote=drboom]In the da ‘hood, maybe, but I haven’t seen anything near a bottom elsewhere.
[/quote]I guess it depends on your definition of the hood.
But in some spots I see condos and some SFRs going for prices that put them at parity with rent, which should put some sort of floor under prices.
Of course I suppose rent could go down …
January 23, 2009 at 10:27 PM #334908Participant[quote=drboom]In the da ‘hood, maybe, but I haven’t seen anything near a bottom elsewhere.
[/quote]I guess it depends on your definition of the hood.
But in some spots I see condos and some SFRs going for prices that put them at parity with rent, which should put some sort of floor under prices.
Of course I suppose rent could go down …
January 23, 2009 at 10:27 PM #334466Participant[quote=drboom]In the da ‘hood, maybe, but I haven’t seen anything near a bottom elsewhere.
[/quote]I guess it depends on your definition of the hood.
But in some spots I see condos and some SFRs going for prices that put them at parity with rent, which should put some sort of floor under prices.
Of course I suppose rent could go down …
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