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4plexownerParticipant
“The value of the vast majority of tangible assets has gone down”
excellent point (since it leads into a point that I want to make)
WHAT have these values gone down AGAINST?
the easy answer is, “the US dollar”
but wait, the US dollar has gone down too
perhaps the correct answer is that all tangible assets are devaluing RELATIVE TO GOLD which is the only asset class that has shown positive returns for the last 10 years in a row
its hard to think in these terms because we are so US-dollar-centric and brain-washed to believe that gold is a barbarous relic
something to think about …
4plexownerParticipant“The value of the vast majority of tangible assets has gone down”
excellent point (since it leads into a point that I want to make)
WHAT have these values gone down AGAINST?
the easy answer is, “the US dollar”
but wait, the US dollar has gone down too
perhaps the correct answer is that all tangible assets are devaluing RELATIVE TO GOLD which is the only asset class that has shown positive returns for the last 10 years in a row
its hard to think in these terms because we are so US-dollar-centric and brain-washed to believe that gold is a barbarous relic
something to think about …
4plexownerParticipant“The value of the vast majority of tangible assets has gone down”
excellent point (since it leads into a point that I want to make)
WHAT have these values gone down AGAINST?
the easy answer is, “the US dollar”
but wait, the US dollar has gone down too
perhaps the correct answer is that all tangible assets are devaluing RELATIVE TO GOLD which is the only asset class that has shown positive returns for the last 10 years in a row
its hard to think in these terms because we are so US-dollar-centric and brain-washed to believe that gold is a barbarous relic
something to think about …
4plexownerParticipant“The value of the vast majority of tangible assets has gone down”
excellent point (since it leads into a point that I want to make)
WHAT have these values gone down AGAINST?
the easy answer is, “the US dollar”
but wait, the US dollar has gone down too
perhaps the correct answer is that all tangible assets are devaluing RELATIVE TO GOLD which is the only asset class that has shown positive returns for the last 10 years in a row
its hard to think in these terms because we are so US-dollar-centric and brain-washed to believe that gold is a barbarous relic
something to think about …
4plexownerParticipant“I have noticed an abundance of trophy wives on the open market and it’s kinda fun to see them frustrated with the lack of takers”
are you suggesting that the value of a vapid smile and fake tits has gone down with the real estate market and economy?
4plexownerParticipant“I have noticed an abundance of trophy wives on the open market and it’s kinda fun to see them frustrated with the lack of takers”
are you suggesting that the value of a vapid smile and fake tits has gone down with the real estate market and economy?
4plexownerParticipant“I have noticed an abundance of trophy wives on the open market and it’s kinda fun to see them frustrated with the lack of takers”
are you suggesting that the value of a vapid smile and fake tits has gone down with the real estate market and economy?
4plexownerParticipant“I have noticed an abundance of trophy wives on the open market and it’s kinda fun to see them frustrated with the lack of takers”
are you suggesting that the value of a vapid smile and fake tits has gone down with the real estate market and economy?
4plexownerParticipant“I have noticed an abundance of trophy wives on the open market and it’s kinda fun to see them frustrated with the lack of takers”
are you suggesting that the value of a vapid smile and fake tits has gone down with the real estate market and economy?
February 16, 2010 at 7:26 AM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #5134484plexownerParticipantI agree with EconProf about out-of-state property management – you are asking for a stream of headaches and a continual drain on your monthly finances
I live in central San Diego and managed all of my own properties – I had property in Imperial Beach and decided that THAT was too far away to own and manage property – 45 minutes on the freeway with no traffic or 2 hours in rush hour/weekend traffic – and you are planning to manage from out-of-state?
I turned one of my properties over to a management company – they lasted less than two weeks – everything they did was half-assed and unprofessional – I would have been better off as an out-of-state owner because I wouldn’t have been able to see their screw-ups – they still would have fucked up my property and ran off my existing tenants but I wouldn’t have been around to see it happening
Is Surveyor around anymore? I wonder what his opinion of out-of-state property is at this point
February 16, 2010 at 7:26 AM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #5135964plexownerParticipantI agree with EconProf about out-of-state property management – you are asking for a stream of headaches and a continual drain on your monthly finances
I live in central San Diego and managed all of my own properties – I had property in Imperial Beach and decided that THAT was too far away to own and manage property – 45 minutes on the freeway with no traffic or 2 hours in rush hour/weekend traffic – and you are planning to manage from out-of-state?
I turned one of my properties over to a management company – they lasted less than two weeks – everything they did was half-assed and unprofessional – I would have been better off as an out-of-state owner because I wouldn’t have been able to see their screw-ups – they still would have fucked up my property and ran off my existing tenants but I wouldn’t have been around to see it happening
Is Surveyor around anymore? I wonder what his opinion of out-of-state property is at this point
February 16, 2010 at 7:26 AM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #5140194plexownerParticipantI agree with EconProf about out-of-state property management – you are asking for a stream of headaches and a continual drain on your monthly finances
I live in central San Diego and managed all of my own properties – I had property in Imperial Beach and decided that THAT was too far away to own and manage property – 45 minutes on the freeway with no traffic or 2 hours in rush hour/weekend traffic – and you are planning to manage from out-of-state?
I turned one of my properties over to a management company – they lasted less than two weeks – everything they did was half-assed and unprofessional – I would have been better off as an out-of-state owner because I wouldn’t have been able to see their screw-ups – they still would have fucked up my property and ran off my existing tenants but I wouldn’t have been around to see it happening
Is Surveyor around anymore? I wonder what his opinion of out-of-state property is at this point
February 16, 2010 at 7:26 AM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #5141114plexownerParticipantI agree with EconProf about out-of-state property management – you are asking for a stream of headaches and a continual drain on your monthly finances
I live in central San Diego and managed all of my own properties – I had property in Imperial Beach and decided that THAT was too far away to own and manage property – 45 minutes on the freeway with no traffic or 2 hours in rush hour/weekend traffic – and you are planning to manage from out-of-state?
I turned one of my properties over to a management company – they lasted less than two weeks – everything they did was half-assed and unprofessional – I would have been better off as an out-of-state owner because I wouldn’t have been able to see their screw-ups – they still would have fucked up my property and ran off my existing tenants but I wouldn’t have been around to see it happening
Is Surveyor around anymore? I wonder what his opinion of out-of-state property is at this point
February 16, 2010 at 7:26 AM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #5143654plexownerParticipantI agree with EconProf about out-of-state property management – you are asking for a stream of headaches and a continual drain on your monthly finances
I live in central San Diego and managed all of my own properties – I had property in Imperial Beach and decided that THAT was too far away to own and manage property – 45 minutes on the freeway with no traffic or 2 hours in rush hour/weekend traffic – and you are planning to manage from out-of-state?
I turned one of my properties over to a management company – they lasted less than two weeks – everything they did was half-assed and unprofessional – I would have been better off as an out-of-state owner because I wouldn’t have been able to see their screw-ups – they still would have fucked up my property and ran off my existing tenants but I wouldn’t have been around to see it happening
Is Surveyor around anymore? I wonder what his opinion of out-of-state property is at this point
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