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Arraya
Participant“Some things I took away from the experience: Every Tom Dick & Harry got into it- was a modern day gold rush for a time. ”
“It was the search for wealth that first brought Europeans toward California. Some came looking for a sea route–called the Strait of Anián–through the Americas to Asia. Others came in pursuit of the legendary lands shrouded in the northern mysteries. A Spanish novel described one such land, very near the Terrestrial Paradise, that was home to passionate black women and wild animals in harnesses of gold. This fabled land was called the Island of California.”
excerpt from “History of California” website
Since I’ve started following the RE market here in Cali back in 05 I’ve often wondered why it is so volitile compared to the rest of the county. I wonder if it has something to do with the gold rush mentality that orginally populated the state that still resonates in todays inhabitants…
Arraya
ParticipantBeing glued to sites like this will sure help you get it pretty close though;)
Arraya
ParticipantBeing glued to sites like this will sure help you get it pretty close though;)
Arraya
ParticipantBeing glued to sites like this will sure help you get it pretty close though;)
Arraya
ParticipantVery interesting topic.
The implications of being in the information age during an economic correction and the new rules associated with it.
I can not see how the “standard” correction time would not be shortened. I would assume back during the last housing recession. Many people went out and purchased homes not knowing there was an issue thus prolonging the correction. Unlike today were anybody with the slightest bit of sense probably would do a little research on the internet before buying.
I’m not a financie guy but it makes sense that it would react quicker…
Arraya
ParticipantVery interesting topic.
The implications of being in the information age during an economic correction and the new rules associated with it.
I can not see how the “standard” correction time would not be shortened. I would assume back during the last housing recession. Many people went out and purchased homes not knowing there was an issue thus prolonging the correction. Unlike today were anybody with the slightest bit of sense probably would do a little research on the internet before buying.
I’m not a financie guy but it makes sense that it would react quicker…
Arraya
ParticipantVery interesting topic.
The implications of being in the information age during an economic correction and the new rules associated with it.
I can not see how the “standard” correction time would not be shortened. I would assume back during the last housing recession. Many people went out and purchased homes not knowing there was an issue thus prolonging the correction. Unlike today were anybody with the slightest bit of sense probably would do a little research on the internet before buying.
I’m not a financie guy but it makes sense that it would react quicker…
Arraya
Participanthaha.. you are calling foul on my 50% off find. ok, back to the drawing board.
Arraya
Participanthaha.. you are calling foul on my 50% off find. ok, back to the drawing board.
Arraya
Participanthaha.. you are calling foul on my 50% off find. ok, back to the drawing board.
Arraya
ParticipantThanks for the explanation. It is very strange when you think about it.
How big is the ABS market?
Just looking at the fall out from a small portion of homeowners not paying there mortgages. I guess if people really wanted a revolution they should just stop paying their bills all at once. That would shake things up…
Arraya
ParticipantThanks for the explanation. It is very strange when you think about it.
How big is the ABS market?
Just looking at the fall out from a small portion of homeowners not paying there mortgages. I guess if people really wanted a revolution they should just stop paying their bills all at once. That would shake things up…
Arraya
ParticipantThanks for the explanation. It is very strange when you think about it.
How big is the ABS market?
Just looking at the fall out from a small portion of homeowners not paying there mortgages. I guess if people really wanted a revolution they should just stop paying their bills all at once. That would shake things up…
Arraya
ParticipantIt does not even really matter anyway. It’s kind of like putting neosporin on a hatchet wound. Let them raise it 500K, it won’t do anyting….
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