[an]

According to my wife, one of the risk is infection. But she say that’s the same risk with a pick line as well. There’s a certain process to prepping the area before accessing the port and if the nurse cut corner, then there would be a risk for infection. She also said the majority of patients who require chemo have the IV Port. As you already know, it just make it easier and not have to get pricked. One complication that you might run into is if it gets clogged. But she said a pick line can also get clocked too. You can get it unclogged though.

[an]

Sigh, Germans and their electronics. Is it really that hard?

[an]

[quote=markmax33]You all seem to forget the fact that when inflation hits the GOV is broke because it can’t print anymore. They start raising property taxes and can take your home away from you if you can’t pay them. Don’t think it won’t happen….again.[/quote]
Why can’t they print anymore? Would they run out of ink and don’t have the money to buy more? They can already raise property taxes if we voted for it. Do you suspect that we’ll have marshall law and they can dictate how much we pay? Can’t they already take your home away from you if you can’t pay the property tax?

[an]

[quote=jstoesz]I doubt I disagree with you AN, at least I am not trying too. Fun just said something that struck me as overly optomistic. Now might be a good time, but I sincerely doubt it’s a sure thing.

My statement was meant to convey self doubt. You can think something and be right about it, but still get clobbered. Timing…[/quote]
I agree with you. I was only stating what would happen if we get run away inflation. I’m not saying that we will see run away inflation. Which is why I agree with you that it’s not a sure thing that it’s a good time to buy if one based their buying decision on hope for inflation.

[an]

delete

[an]

Obviously, you should talk to a mortgage professional. My personal experience is banks are very strict these days. They will look at your bank statement and ask where you get a $200 deposit from. So, if you have a $75k deposit, they’ll definitely ask. They won’t like it if you tell them you borrowed it. They would require a letter from your MIL saying that it’s a gift and not a loan. I think, they only ask for the last 2-3 bank statements, so if you let the money seasoned for >3 months, they might not know and might not ask.

[an]

[quote=jstoesz]That was exactly the article I was referring to. I saw it on the Gonzolo Lira blog

My point was that it is not so simple. Lifeisfunhuh, was making the point that A leads to B. Except, it is far from that simple. There are many times when inflation has crushed peoples buying power, and ability to borrow. They now have less to spend on housing and interest so that they can keep eating.

This is economics we are talking here. If you are predicting the future, you are either stupid, delusional, or a combination of the two.

As a parting contrarian statement…markets can stay irrational longer than you can stay solvent.[/quote]
I agree it’s not so simple. There are many unforeseen scenarios. I agree that inflation will crush people’s buying power and ability to borrow. However, if you already bought/already borrowed with a fixed rate, ability to borrow won’t affect you. However, the devaluation of your currency will affect positively. I assume that inflation won’t get to a point where no one can even buy food to eat without bringing a bag of cash to the market. However, glass half full would say hell with it, I’ll be hungry anyways, I can skip one meal and use my bag of cash that would buy me a loaf of bread and pay off my house. You get where I’m going with this?

I’m not predicting the future. I’m just stating what I understand about inflation or hyper inflation. Feel free to correct me if I make any mistake with my assumption. How does the statement “markets can stay irrational longer than you can stay solvent.” apply to inflation and devaluation of the currency debate?

[an]

[quote=jstoesz]read up on how Argentina’s home prices fared through their last serious bout with hyper-inflation.

Things are far from a sure bet.[/quote]
Thanks for pointing me to Argentina’s experience w/ hyper-inflation. According to Wikipedia:

[quote=wiki]Argentina
Argentina went through steady inflation from 1975 to 1991. At the beginning of 1975, the highest denomination was 1,000 pesos. In late 1976, the highest denomination was 5,000 pesos. In early 1979, the highest denomination was 10,000 pesos. By the end of 1981, the highest denomination was 1,000,000 pesos. In the 1983 currency reform, 1 Peso argentino was exchanged for 10,000 pesos. In the 1985 currency reform, 1 austral was exchanged for 1,000 pesos argentinos. In the 1992 currency reform, 1 new peso was exchanged for 10,000 australes. The overall impact of hyperinflation: 1 (1992) peso = 100,000,000,000 pre-1983 pesos.[/quote]
Even if housing price dip nominally, if the currency weaken at a much faster rate due to inflation, then you still come out ahead. Which, I think is what lifeizfunhuh is trying to say. A 1000 peso in 1975 is equivalent to 1M peso in 1983. If we see this kind of inflation, everything that have fixed rate interest will look dirt cheap in the future. Even if we don’t see hyper inflation like Argentina, if we see inflation like we experienced in the US in the 70s, it will still be dirt cheap to pay back with much weaker currency.

[an]

Saw this a few weeks ago. To some, these 53%-er are just gullible people who are being brain washed and are working against their best interest.

[an]

Steve Jobs have a strange way of complimenting Android 😀
[quote=steve jobs]Good artists copy, great artists steal: source[/quote]
[quote=steve jobs]Android’s a stolen product source[/quote]

[an]

[quote=bearishgurl]AN, I think you are an anomaly on this Board because you don’t have “grandiose” views of your housing needs, such as buying a very large residence in a newer, heavily-encumbered housing tract. You (and possibly your co-workers who are living on one income) are no doubt living a more “spartan existence” than many here on this Board would likely accept.

And isn’t your spouse actually employed?[/quote]
Reread my post BG. I said my coworkers, not me. Also, what’s spartan today is luxury in 1950s. They all have two cars and live in houses larger than 3/1 or 3/2 1200 sq-ft.

[an]

[quote=markmax33]
$150k is for an Engineer is extremely high and in the top 5%. Thank you proving my point. I am an Engineer, I manage Engineers and I hire Engineers. $150 is not 3-4 years of experience in Mechanical, Civil, Structural, Fire Protection, Electrical, etc. That’s what the majority of Engineers are in this country.[/quote]
Yes, $150k is high, as I’ve said you’d need to be around a director level to get to that income around here. I never dispute the fact that $150k is high for an engineer. I was disputing the claim you’re making that someone (engineer or not) making $150k might be able to BARELY scrape by. I call BS on that. I know people who make less than that, live on single income, and have savings. Since you’re an Engineer with an MBA managing Engineers and hiring Engineers, you’re probably making around $150k. If you can BARELY scrape by, you’re definitely doing something wrong.

I never say someone in my industry with 3-4 years of experience make $150k, I say they make more than the median of $75k. Read carefully before you try to dispute a point. If you’re talking about national instead of local engineers and income, then we should talk about national housing price, not local SD prices. What’s the national median houses again? If you’re an engineer making the median income of $75k and living in Texas, where the median home price is $144,900, do you think you’re going to have much trouble living on a single income?

[an]

If the market didn’t crash, we wouldn’t have tea party, OWS, etc. We would have a piggington that mainly talk about RE and there wouldn’t be any debate about RE being over priced 🙂

[an]

[quote=markmax33][quote=markmax33][quote=AN][quote=markmax33]A family with a single income engineer could raise 2 children in the 1950s and them to college.
[/quote]
They can do it in 2011 as well. Many of my coworkers’ wives are stay at home moms.[/quote]

The median engineer in San Diego making $80k per year is not raising 2 kids, paying a mortgage and paying for his kids college. An Engineer way out of the statistical norm making $150k might be able to BARELY scrape by. Stop lying to yourself.[/quote]

Engineers make $75k as the median:

http://www.mtu.edu/engineering/outreach/welcome/salary/%5B/quote%5D
You make more than that median after 3-4 years of experience in my industry. However, to get to $150k, you need to be a director level. You don’t need to be a director to live on single income. Many people I know who are living on single income are not directors. While you’re talking about theoretical, I’m talking about real people who are doing well on single income.

[an]

[quote=markmax33]A family with a single income engineer could raise 2 children in the 1950s and them to college.
[/quote]
They can do it in 2011 as well. Many of my coworkers’ wives are stay at home moms.

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