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AK
ParticipantYou may be “hosed” by simple checkbook analysis. But you’re quite a bit less hosed than the people who bought at the top of the market … and it seems there are quite a few of them.
And while there are a number of 2500+ sf houses on the market for less than $300K, trashed REOs and other brown-lawn specials seem to be overrepresented, at least from what I’ve seen on Redfin.
You have a house that you like, and it’s within your means. Please. Be happy.
AK
ParticipantYou may be “hosed” by simple checkbook analysis. But you’re quite a bit less hosed than the people who bought at the top of the market … and it seems there are quite a few of them.
And while there are a number of 2500+ sf houses on the market for less than $300K, trashed REOs and other brown-lawn specials seem to be overrepresented, at least from what I’ve seen on Redfin.
You have a house that you like, and it’s within your means. Please. Be happy.
AK
ParticipantYou may be “hosed” by simple checkbook analysis. But you’re quite a bit less hosed than the people who bought at the top of the market … and it seems there are quite a few of them.
And while there are a number of 2500+ sf houses on the market for less than $300K, trashed REOs and other brown-lawn specials seem to be overrepresented, at least from what I’ve seen on Redfin.
You have a house that you like, and it’s within your means. Please. Be happy.
AK
ParticipantYou may be “hosed” by simple checkbook analysis. But you’re quite a bit less hosed than the people who bought at the top of the market … and it seems there are quite a few of them.
And while there are a number of 2500+ sf houses on the market for less than $300K, trashed REOs and other brown-lawn specials seem to be overrepresented, at least from what I’ve seen on Redfin.
You have a house that you like, and it’s within your means. Please. Be happy.
AK
ParticipantYou may be “hosed” by simple checkbook analysis. But you’re quite a bit less hosed than the people who bought at the top of the market … and it seems there are quite a few of them.
And while there are a number of 2500+ sf houses on the market for less than $300K, trashed REOs and other brown-lawn specials seem to be overrepresented, at least from what I’ve seen on Redfin.
You have a house that you like, and it’s within your means. Please. Be happy.
AK
ParticipantI’m under the impression that quite a bit of education funding has gone to build new schools … to support planned developments that may never be finished.
I don’t know about SDUSD, but Elk Grove comes to mind.
AK
ParticipantI’m under the impression that quite a bit of education funding has gone to build new schools … to support planned developments that may never be finished.
I don’t know about SDUSD, but Elk Grove comes to mind.
AK
ParticipantI’m under the impression that quite a bit of education funding has gone to build new schools … to support planned developments that may never be finished.
I don’t know about SDUSD, but Elk Grove comes to mind.
AK
ParticipantI’m under the impression that quite a bit of education funding has gone to build new schools … to support planned developments that may never be finished.
I don’t know about SDUSD, but Elk Grove comes to mind.
AK
ParticipantI’m under the impression that quite a bit of education funding has gone to build new schools … to support planned developments that may never be finished.
I don’t know about SDUSD, but Elk Grove comes to mind.
AK
ParticipantChrysler paid the government a loan guarantee fee, and repaid the guaranteed loans early. In the end there was no direct cost to taxpayers.
IIRC the government also made hundreds of millions by exercising stock warrants given as part of the bailout package. The cost was passed on to Chrysler stockholders in the form of dilution.
Chrysler had to renegotiate its existing debt. Creditors wrote off substantial sums in order to avoid even greater losses in bankruptcy.
Sure, Chrysler screwed up, and by the cold logic of capitalism shareholders and management deserved to feel some pain. They did. But the bailout kept thousands of workers and dozens of plants in productive use.
A house produces nothing. It is valuable for its use as shelter, but a 3000sf house serves the same purpose whether it costs $1 million or $400,000.
AK
ParticipantChrysler paid the government a loan guarantee fee, and repaid the guaranteed loans early. In the end there was no direct cost to taxpayers.
IIRC the government also made hundreds of millions by exercising stock warrants given as part of the bailout package. The cost was passed on to Chrysler stockholders in the form of dilution.
Chrysler had to renegotiate its existing debt. Creditors wrote off substantial sums in order to avoid even greater losses in bankruptcy.
Sure, Chrysler screwed up, and by the cold logic of capitalism shareholders and management deserved to feel some pain. They did. But the bailout kept thousands of workers and dozens of plants in productive use.
A house produces nothing. It is valuable for its use as shelter, but a 3000sf house serves the same purpose whether it costs $1 million or $400,000.
AK
ParticipantChrysler paid the government a loan guarantee fee, and repaid the guaranteed loans early. In the end there was no direct cost to taxpayers.
IIRC the government also made hundreds of millions by exercising stock warrants given as part of the bailout package. The cost was passed on to Chrysler stockholders in the form of dilution.
Chrysler had to renegotiate its existing debt. Creditors wrote off substantial sums in order to avoid even greater losses in bankruptcy.
Sure, Chrysler screwed up, and by the cold logic of capitalism shareholders and management deserved to feel some pain. They did. But the bailout kept thousands of workers and dozens of plants in productive use.
A house produces nothing. It is valuable for its use as shelter, but a 3000sf house serves the same purpose whether it costs $1 million or $400,000.
AK
ParticipantChrysler paid the government a loan guarantee fee, and repaid the guaranteed loans early. In the end there was no direct cost to taxpayers.
IIRC the government also made hundreds of millions by exercising stock warrants given as part of the bailout package. The cost was passed on to Chrysler stockholders in the form of dilution.
Chrysler had to renegotiate its existing debt. Creditors wrote off substantial sums in order to avoid even greater losses in bankruptcy.
Sure, Chrysler screwed up, and by the cold logic of capitalism shareholders and management deserved to feel some pain. They did. But the bailout kept thousands of workers and dozens of plants in productive use.
A house produces nothing. It is valuable for its use as shelter, but a 3000sf house serves the same purpose whether it costs $1 million or $400,000.
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