Forum Replies Created
-
AuthorPosts
-
AK
ParticipantStrikes me as yet another round of magical thinking, yet another open-ended taxpayer liability, and yet another politicization of public pension funds for the benefit of private individuals.
That said, I would get some perverse joy out of seeing the money taken away from the current crop of overpaid, incompetent fund “managers” … the sort of people who get 2% a year to put your money in a frickin’ index fund.
ParticipantStrikes me as yet another round of magical thinking, yet another open-ended taxpayer liability, and yet another politicization of public pension funds for the benefit of private individuals.
That said, I would get some perverse joy out of seeing the money taken away from the current crop of overpaid, incompetent fund “managers” … the sort of people who get 2% a year to put your money in a frickin’ index fund.
ParticipantStrikes me as yet another round of magical thinking, yet another open-ended taxpayer liability, and yet another politicization of public pension funds for the benefit of private individuals.
That said, I would get some perverse joy out of seeing the money taken away from the current crop of overpaid, incompetent fund “managers” … the sort of people who get 2% a year to put your money in a frickin’ index fund.
ParticipantStrikes me as yet another round of magical thinking, yet another open-ended taxpayer liability, and yet another politicization of public pension funds for the benefit of private individuals.
That said, I would get some perverse joy out of seeing the money taken away from the current crop of overpaid, incompetent fund “managers” … the sort of people who get 2% a year to put your money in a frickin’ index fund.
ParticipantStrikes me as yet another round of magical thinking, yet another open-ended taxpayer liability, and yet another politicization of public pension funds for the benefit of private individuals.
That said, I would get some perverse joy out of seeing the money taken away from the current crop of overpaid, incompetent fund “managers” … the sort of people who get 2% a year to put your money in a frickin’ index fund.
ParticipantMy “dream home” is still overpriced and could easily drop another 10 to 20 percent in the coming year or two, IMO.
But I wouldn’t be able to afford my dream home comfortably, even with that price drop.
Houses in a more comfortable price range seem to be selling like crazy at or near asking, as long as they’re in livable condition. By “livable” I don’t mean spotless and move-in ready … I mean fit for human habitation.
ParticipantMy “dream home” is still overpriced and could easily drop another 10 to 20 percent in the coming year or two, IMO.
But I wouldn’t be able to afford my dream home comfortably, even with that price drop.
Houses in a more comfortable price range seem to be selling like crazy at or near asking, as long as they’re in livable condition. By “livable” I don’t mean spotless and move-in ready … I mean fit for human habitation.
ParticipantMy “dream home” is still overpriced and could easily drop another 10 to 20 percent in the coming year or two, IMO.
But I wouldn’t be able to afford my dream home comfortably, even with that price drop.
Houses in a more comfortable price range seem to be selling like crazy at or near asking, as long as they’re in livable condition. By “livable” I don’t mean spotless and move-in ready … I mean fit for human habitation.
ParticipantMy “dream home” is still overpriced and could easily drop another 10 to 20 percent in the coming year or two, IMO.
But I wouldn’t be able to afford my dream home comfortably, even with that price drop.
Houses in a more comfortable price range seem to be selling like crazy at or near asking, as long as they’re in livable condition. By “livable” I don’t mean spotless and move-in ready … I mean fit for human habitation.
ParticipantMy “dream home” is still overpriced and could easily drop another 10 to 20 percent in the coming year or two, IMO.
But I wouldn’t be able to afford my dream home comfortably, even with that price drop.
Houses in a more comfortable price range seem to be selling like crazy at or near asking, as long as they’re in livable condition. By “livable” I don’t mean spotless and move-in ready … I mean fit for human habitation.
ParticipantI’m definitely feeling the part about the frenzy, and the inventory. There are some ****ed-up houses out there. As a buyer I’m also seeing a lot of pricing games … not sure if this is increasing or if I’m just paying more attention.
Just as an example, I saw one house in O’side go from $231K to $262K to $274K in the span of two weeks. I suspect I’ll see more of this in the near future … asking prices going up exactly 10% or $15,000 :/
One question for those of you in the business … I see a lot of pendings but not a lot of closings. Is it just a matter of overworked REO property managers, or do you suspect a lot of these pending deals will fall through over financing, inspections, and so on?
ParticipantI’m definitely feeling the part about the frenzy, and the inventory. There are some ****ed-up houses out there. As a buyer I’m also seeing a lot of pricing games … not sure if this is increasing or if I’m just paying more attention.
Just as an example, I saw one house in O’side go from $231K to $262K to $274K in the span of two weeks. I suspect I’ll see more of this in the near future … asking prices going up exactly 10% or $15,000 :/
One question for those of you in the business … I see a lot of pendings but not a lot of closings. Is it just a matter of overworked REO property managers, or do you suspect a lot of these pending deals will fall through over financing, inspections, and so on?
ParticipantI’m definitely feeling the part about the frenzy, and the inventory. There are some ****ed-up houses out there. As a buyer I’m also seeing a lot of pricing games … not sure if this is increasing or if I’m just paying more attention.
Just as an example, I saw one house in O’side go from $231K to $262K to $274K in the span of two weeks. I suspect I’ll see more of this in the near future … asking prices going up exactly 10% or $15,000 :/
One question for those of you in the business … I see a lot of pendings but not a lot of closings. Is it just a matter of overworked REO property managers, or do you suspect a lot of these pending deals will fall through over financing, inspections, and so on?
ParticipantI’m definitely feeling the part about the frenzy, and the inventory. There are some ****ed-up houses out there. As a buyer I’m also seeing a lot of pricing games … not sure if this is increasing or if I’m just paying more attention.
Just as an example, I saw one house in O’side go from $231K to $262K to $274K in the span of two weeks. I suspect I’ll see more of this in the near future … asking prices going up exactly 10% or $15,000 :/
One question for those of you in the business … I see a lot of pendings but not a lot of closings. Is it just a matter of overworked REO property managers, or do you suspect a lot of these pending deals will fall through over financing, inspections, and so on?
-
AuthorPosts
