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April 14, 2009 at 7:30 AM in reply to: OT: Big Car Versus Small Car: IIHS confirms the law of physics. #380983April 14, 2009 at 7:30 AM in reply to: OT: Big Car Versus Small Car: IIHS confirms the law of physics. #381112
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ParticipantClearly then, we should all be driving the heaviest cars possible.
ParticipantSome of those pirates are really nasty crooks, but not all of them. There was a surprising article in the Independent about the situation recently. Hopefully these ones that just got whacked were of the nasty crook variety…
ParticipantSome of those pirates are really nasty crooks, but not all of them. There was a surprising article in the Independent about the situation recently. Hopefully these ones that just got whacked were of the nasty crook variety…
ParticipantSome of those pirates are really nasty crooks, but not all of them. There was a surprising article in the Independent about the situation recently. Hopefully these ones that just got whacked were of the nasty crook variety…
ParticipantSome of those pirates are really nasty crooks, but not all of them. There was a surprising article in the Independent about the situation recently. Hopefully these ones that just got whacked were of the nasty crook variety…
ParticipantSome of those pirates are really nasty crooks, but not all of them. There was a surprising article in the Independent about the situation recently. Hopefully these ones that just got whacked were of the nasty crook variety…
ParticipantCONCHO – if rents are declining and/or expected to decline, how will it benefit any investor to flood the market w/rentals? Is that already happening and maybe explaining why rents have declined some?
I think they will do it slowly like they are handling their sales, they won’t flood the market. Also if they get enough bailout money then the rents are just gravy; they might not like it if oversupply pushed rents down temporarily because they keep those assets until it makes sense to sell them later. The bailout money will give the holders of these toxic doo-doo mortgage assets heavily discounted properties to do with as they wish. They might sell some, they might rent some, who knows what they’ll do. One thing is certain — bailout money will remove the pressure on them, at least temporarily, so that they can avoid taking drastic measures. Of course little guys like you and me are hoping that they’ll be forced to, but then again, the laws are not made for little guys.
ParticipantCONCHO – if rents are declining and/or expected to decline, how will it benefit any investor to flood the market w/rentals? Is that already happening and maybe explaining why rents have declined some?
I think they will do it slowly like they are handling their sales, they won’t flood the market. Also if they get enough bailout money then the rents are just gravy; they might not like it if oversupply pushed rents down temporarily because they keep those assets until it makes sense to sell them later. The bailout money will give the holders of these toxic doo-doo mortgage assets heavily discounted properties to do with as they wish. They might sell some, they might rent some, who knows what they’ll do. One thing is certain — bailout money will remove the pressure on them, at least temporarily, so that they can avoid taking drastic measures. Of course little guys like you and me are hoping that they’ll be forced to, but then again, the laws are not made for little guys.
ParticipantCONCHO – if rents are declining and/or expected to decline, how will it benefit any investor to flood the market w/rentals? Is that already happening and maybe explaining why rents have declined some?
I think they will do it slowly like they are handling their sales, they won’t flood the market. Also if they get enough bailout money then the rents are just gravy; they might not like it if oversupply pushed rents down temporarily because they keep those assets until it makes sense to sell them later. The bailout money will give the holders of these toxic doo-doo mortgage assets heavily discounted properties to do with as they wish. They might sell some, they might rent some, who knows what they’ll do. One thing is certain — bailout money will remove the pressure on them, at least temporarily, so that they can avoid taking drastic measures. Of course little guys like you and me are hoping that they’ll be forced to, but then again, the laws are not made for little guys.
ParticipantCONCHO – if rents are declining and/or expected to decline, how will it benefit any investor to flood the market w/rentals? Is that already happening and maybe explaining why rents have declined some?
I think they will do it slowly like they are handling their sales, they won’t flood the market. Also if they get enough bailout money then the rents are just gravy; they might not like it if oversupply pushed rents down temporarily because they keep those assets until it makes sense to sell them later. The bailout money will give the holders of these toxic doo-doo mortgage assets heavily discounted properties to do with as they wish. They might sell some, they might rent some, who knows what they’ll do. One thing is certain — bailout money will remove the pressure on them, at least temporarily, so that they can avoid taking drastic measures. Of course little guys like you and me are hoping that they’ll be forced to, but then again, the laws are not made for little guys.
ParticipantCONCHO – if rents are declining and/or expected to decline, how will it benefit any investor to flood the market w/rentals? Is that already happening and maybe explaining why rents have declined some?
I think they will do it slowly like they are handling their sales, they won’t flood the market. Also if they get enough bailout money then the rents are just gravy; they might not like it if oversupply pushed rents down temporarily because they keep those assets until it makes sense to sell them later. The bailout money will give the holders of these toxic doo-doo mortgage assets heavily discounted properties to do with as they wish. They might sell some, they might rent some, who knows what they’ll do. One thing is certain — bailout money will remove the pressure on them, at least temporarily, so that they can avoid taking drastic measures. Of course little guys like you and me are hoping that they’ll be forced to, but then again, the laws are not made for little guys.
ParticipantAt least taxes are a lot lower in Texas – if this economic disaster we have on our hands ever passes, I would definitely consider Texas.
Not property taxes — in the nice metro areas they’re 2% and up. If you’re in one of the top school districts they’re closer to 3%. And just wait until you’ve seen a Texas summer electric bill — or a Texas winter gas bill!
It is cheaper on the whole to live there but not by as much as you think. You can get a lot more for your money if that’s what you’re into though.
ParticipantAt least taxes are a lot lower in Texas – if this economic disaster we have on our hands ever passes, I would definitely consider Texas.
Not property taxes — in the nice metro areas they’re 2% and up. If you’re in one of the top school districts they’re closer to 3%. And just wait until you’ve seen a Texas summer electric bill — or a Texas winter gas bill!
It is cheaper on the whole to live there but not by as much as you think. You can get a lot more for your money if that’s what you’re into though.
ParticipantAt least taxes are a lot lower in Texas – if this economic disaster we have on our hands ever passes, I would definitely consider Texas.
Not property taxes — in the nice metro areas they’re 2% and up. If you’re in one of the top school districts they’re closer to 3%. And just wait until you’ve seen a Texas summer electric bill — or a Texas winter gas bill!
It is cheaper on the whole to live there but not by as much as you think. You can get a lot more for your money if that’s what you’re into though.
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