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an
Participant[quote=deadzone]
Difference is crazy inflation hurts mostly poor and working class. Housing/stock crash hurts mostly wealthy, and wannabe wealthy pricks.[/quote]
LoL, wrong. The wealthy were the one that benefited most during the 2008 crash.Participant[quote=deadzone]As I’ve said before, I expect at a minimum prices to correct to pre-Covid levels. Beyond that, really depends on when the Fed decides to pivot and turn the spigot back on.
I have no particular plans regarding RE, other than sitting back, eating my popcorn and enjoying watching the carnage. If Fed turns the spigot back on, my plan will be to buy a lot more gold and bitcoin.[/quote]
So, you railed against me for cheering for crazy inflation like the 70s because a lot of people will be hurt, but then you’re cheering for and enjoy watching people hurt in the carnage?What’s even worst is, you cheering for a carnage show for nothing more than personal entertainment.
Participanthttps://www.redfin.com/CA/San-Diego/10858-Canyon-Hill-Ln-92126/home/4590406
Closed at $1.55m, $250k above asking.
Participant[quote=deadzone]meanwhile NAIL continues to get hammered.[/quote]
meanwhile, my deadzone trade is currently net +$800. But like you said, it doesn’t matter, since I haven’t sold either one of those calls. Still have 1 year and 8 months to go.Participant[quote=deadzone]Okay so in other words your portfolio is very much in the red today.
Even without NAIL.[/quote]
Weren’t you the one that say if I didn’t sell my NFLX call, then it doesn’t matter how much I gain?Participant[quote=limkotir]https://www.redfin.com/CA/San-Diego/7852-Tampico-Ct-92126/home/4570382
The above beauty went into pending…in normal times, would have been a decent first time buyer and courageous DIYer purchase. If I had to bet, a cash offer with no contingences probably took it into pending status.
I am guess it will sell for $825K, any over and under calls?[/quote]
I say $875kParticipantI can’t believe we’re talking about $1m+ as a median in MM.
Participanthttps://www.redfin.com/CA/San-Diego/10484-Flanders-Pl-92126/home/6398700
Closed at $1.51m, $310k above asking.
Participant[quote=deadzone]The point is the fact that homebuilder stocks are taking a dump is just another indication of housing crash on the horizon.[/quote]
Bring it! I’m ready. Could it happen today please?Maybe Lennar and all the buyers buying their Alta home can just listen to you, maybe I can pick one up for low $1m instead of $1.8m?
ParticipantLatest phase for Lennar’s Alta development @ 3Roots has the largest model priced at $1.79m. That’s before upgrade and landscaping. I’m assuming that once you priced those 2 things in, you’re looking at close to $2m home.
Participant[quote=deadzone]Again, it is irrelevant if it is “In the money” or not at this point. I could purchase a NFLX Call right now that is already “in the money”, that doesn’t mean shit.
Yes the value of your call has gone up in value. So congratulations, if you sell and take profit.[/quote]
LoL, doesn’t mean shit.As for selling, I could have sold when I was up 2x%, but I didn’t, now it’s up 49%. But as you said, that doesn’t mean shit, since I haven’t sold. I’m waiting for 100% return. Maybe then, I’ll sell.
Participant[quote=sdrealtor][quote=deadzone]But seriously there are many signs that the stock market may be on the verge of a major crash. So if you insist on buying equities today, recommend you stick with high value (low PE) stock funds at least, not tech heavy or high PE stuff.[/quote]
NFLX on 3/8 $345
NFLX on 4/4 $395[/quote]
My call is in the money now, right?Participant[quote=Coronita]https://www.redfin.com/CA/San-Diego/7215-Rock-Canyon-Dr-92126/home/4544095
$1.7 million
Beverly Mesa![/quote]
So closeParticipant[quote=deadzone][quote=sdrealtor][quote=an][quote=deadzone]Don’t bookmark, Buy some HB stocks, it’s a no brainer, they may never be this cheap again.[/quote]
Done, got myself Jan 2024 NAIL call.[/quote]Im in also! BTW aimloan has 30 year at 4.375% with a 1/4 point rebate. Rates down this week a tad[/quote]
Bookmarked! I only wish there was a way I could invest in Aimloan, sounds like they have a bright future too![/quote]NAIL and DPST
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