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bobby
ParticipantI see your original argument. The problem is one of supply and demand. Even if the houses are supposed to be worth $500K (based on your analysis) but no one can buy it because we are paid in dollars (not euros) and because the bank won’t let anyone borrow, then the price has to go down.. or there wont be any transaction, either scenario is more likely than houses being sold at $500K.
also, you pick monetary metrics that supports your arguments. can’t we pick #shares of GM or Countrywide per housing unit cost. Why pick euros instead of dollars when dollars IS the currency in the US of A?
heck, if I really want to support your thesis, I’d pick shares of Google for my monetary metrics. Housing value is 30% what it should be right now!!!Participantthe economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?Participantthe economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?Participantthe economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?Participantthe economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?Participantthe economy is just humming along in the peninsula (norcal) – that’s the good news. The bad news is price is still rising in some parts and holding in most other.
what’s a renter to do?Participant“Why should the guy who can’t afford his home be ableto re-negotiate the terms of his loan when the guy who can afford his home and pays on time isn’t?”
b/c life is not fair.
but I don’t care who loses, as long as it’s not the tax payers. Banks or FBs can lose their shirt, matters not to me.Participant“Why should the guy who can’t afford his home be ableto re-negotiate the terms of his loan when the guy who can afford his home and pays on time isn’t?”
b/c life is not fair.
but I don’t care who loses, as long as it’s not the tax payers. Banks or FBs can lose their shirt, matters not to me.Participant“Why should the guy who can’t afford his home be ableto re-negotiate the terms of his loan when the guy who can afford his home and pays on time isn’t?”
b/c life is not fair.
but I don’t care who loses, as long as it’s not the tax payers. Banks or FBs can lose their shirt, matters not to me.Participant“Why should the guy who can’t afford his home be ableto re-negotiate the terms of his loan when the guy who can afford his home and pays on time isn’t?”
b/c life is not fair.
but I don’t care who loses, as long as it’s not the tax payers. Banks or FBs can lose their shirt, matters not to me.Participant“Why should the guy who can’t afford his home be ableto re-negotiate the terms of his loan when the guy who can afford his home and pays on time isn’t?”
b/c life is not fair.
but I don’t care who loses, as long as it’s not the tax payers. Banks or FBs can lose their shirt, matters not to me.February 6, 2008 at 12:34 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149026Participantcontraman,
you are simply wrong about Asians having it easier in education. Just go to any University of CA and see that Asians have the highest average testscore/GPA of any class. Medschool is the same thing based on my own and many of my friends’ experience.Asians in America are not minority, they’re “ethnic” but aren’t “minority” so don’t get any special treatment. At least the Caucasians have connections (e.g. George Bush going to Yale) but Asians by and large succeed on their own merits.
February 6, 2008 at 12:34 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149043Participantcontraman,
you are simply wrong about Asians having it easier in education. Just go to any University of CA and see that Asians have the highest average testscore/GPA of any class. Medschool is the same thing based on my own and many of my friends’ experience.Asians in America are not minority, they’re “ethnic” but aren’t “minority” so don’t get any special treatment. At least the Caucasians have connections (e.g. George Bush going to Yale) but Asians by and large succeed on their own merits.
February 6, 2008 at 12:34 PM in reply to: OT: Why do Hispanics and Asians trent heavily to Clinton #149057Participantcontraman,
you are simply wrong about Asians having it easier in education. Just go to any University of CA and see that Asians have the highest average testscore/GPA of any class. Medschool is the same thing based on my own and many of my friends’ experience.Asians in America are not minority, they’re “ethnic” but aren’t “minority” so don’t get any special treatment. At least the Caucasians have connections (e.g. George Bush going to Yale) but Asians by and large succeed on their own merits.
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