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Diego Mamani
Participant[quote=SK in CV]As to market sanity. Do you think it’s an insane market now? I think it’s pretty sane.[/quote]Granted, it’s not as insane today as in 2003-2006, but we are not in a sane housing market yet. And it’s not just prices or volume, what I find pretty insane now is the fact that there’s really no free market. It’s all on gov’t life support!
Take out Freddie, Fannie, and the FHA, and prices would really drop to reality! Painful? Yes, but I’d rather live in a painful reality than in a fantasy world that I know is unsustainable. Gov’t intervention, and now the courts meddling, are simply prolonging the fantasy, meaning, the pain will be even worse when the chickens come home to roost.
Participant[quote=SK in CV]As to market sanity. Do you think it’s an insane market now? I think it’s pretty sane.[/quote]Granted, it’s not as insane today as in 2003-2006, but we are not in a sane housing market yet. And it’s not just prices or volume, what I find pretty insane now is the fact that there’s really no free market. It’s all on gov’t life support!
Take out Freddie, Fannie, and the FHA, and prices would really drop to reality! Painful? Yes, but I’d rather live in a painful reality than in a fantasy world that I know is unsustainable. Gov’t intervention, and now the courts meddling, are simply prolonging the fantasy, meaning, the pain will be even worse when the chickens come home to roost.
Participant[quote=SK in CV]As to market sanity. Do you think it’s an insane market now? I think it’s pretty sane.[/quote]Granted, it’s not as insane today as in 2003-2006, but we are not in a sane housing market yet. And it’s not just prices or volume, what I find pretty insane now is the fact that there’s really no free market. It’s all on gov’t life support!
Take out Freddie, Fannie, and the FHA, and prices would really drop to reality! Painful? Yes, but I’d rather live in a painful reality than in a fantasy world that I know is unsustainable. Gov’t intervention, and now the courts meddling, are simply prolonging the fantasy, meaning, the pain will be even worse when the chickens come home to roost.
Participant[quote=SK in CV]As to market sanity. Do you think it’s an insane market now? I think it’s pretty sane.[/quote]Granted, it’s not as insane today as in 2003-2006, but we are not in a sane housing market yet. And it’s not just prices or volume, what I find pretty insane now is the fact that there’s really no free market. It’s all on gov’t life support!
Take out Freddie, Fannie, and the FHA, and prices would really drop to reality! Painful? Yes, but I’d rather live in a painful reality than in a fantasy world that I know is unsustainable. Gov’t intervention, and now the courts meddling, are simply prolonging the fantasy, meaning, the pain will be even worse when the chickens come home to roost.
Participant[quote=SK in CV]Is that what this is about? Lenders should be able to run rough-shod over the system that they agreed to, ignore laws, blatantly break laws, commit purjury, foreclose on thousands of homes that they shouldn’t, and worse, just so that a few people might not get free houses?[/quote]
(Emphasis added)
You can’t argue using false facts like those “thousands of foreclosures” that shouldn’t be. There’s been at most 1 or so such cases reported in the media, which was (were) rectified soon afterwards.Like your comment above that not making payments on a loan is a mere technicality (!), your fabrication of “thousands” is completely off the mark. Better to come across transparently and say that you are a lawyer representing delinquent borrowers.
I’ll come clean too; I’m an investor buying residential property, and I’m also on the fence about buying my own house, so it is in my own interest that the markets return to sanity, meaning, that prices come down to a point where the market clears and house prices appreciate at about the rate of inflation. Also, once the investors come in, refurbish, and rent out, there won’t be any abandoned houses or blighted neighborhoods.
But as long as we deny and delay the inevitable, we make the process more costly for all involved.
Participant[quote=SK in CV]Is that what this is about? Lenders should be able to run rough-shod over the system that they agreed to, ignore laws, blatantly break laws, commit purjury, foreclose on thousands of homes that they shouldn’t, and worse, just so that a few people might not get free houses?[/quote]
(Emphasis added)
You can’t argue using false facts like those “thousands of foreclosures” that shouldn’t be. There’s been at most 1 or so such cases reported in the media, which was (were) rectified soon afterwards.Like your comment above that not making payments on a loan is a mere technicality (!), your fabrication of “thousands” is completely off the mark. Better to come across transparently and say that you are a lawyer representing delinquent borrowers.
I’ll come clean too; I’m an investor buying residential property, and I’m also on the fence about buying my own house, so it is in my own interest that the markets return to sanity, meaning, that prices come down to a point where the market clears and house prices appreciate at about the rate of inflation. Also, once the investors come in, refurbish, and rent out, there won’t be any abandoned houses or blighted neighborhoods.
But as long as we deny and delay the inevitable, we make the process more costly for all involved.
Participant[quote=SK in CV]Is that what this is about? Lenders should be able to run rough-shod over the system that they agreed to, ignore laws, blatantly break laws, commit purjury, foreclose on thousands of homes that they shouldn’t, and worse, just so that a few people might not get free houses?[/quote]
(Emphasis added)
You can’t argue using false facts like those “thousands of foreclosures” that shouldn’t be. There’s been at most 1 or so such cases reported in the media, which was (were) rectified soon afterwards.Like your comment above that not making payments on a loan is a mere technicality (!), your fabrication of “thousands” is completely off the mark. Better to come across transparently and say that you are a lawyer representing delinquent borrowers.
I’ll come clean too; I’m an investor buying residential property, and I’m also on the fence about buying my own house, so it is in my own interest that the markets return to sanity, meaning, that prices come down to a point where the market clears and house prices appreciate at about the rate of inflation. Also, once the investors come in, refurbish, and rent out, there won’t be any abandoned houses or blighted neighborhoods.
But as long as we deny and delay the inevitable, we make the process more costly for all involved.
Participant[quote=SK in CV]Is that what this is about? Lenders should be able to run rough-shod over the system that they agreed to, ignore laws, blatantly break laws, commit purjury, foreclose on thousands of homes that they shouldn’t, and worse, just so that a few people might not get free houses?[/quote]
(Emphasis added)
You can’t argue using false facts like those “thousands of foreclosures” that shouldn’t be. There’s been at most 1 or so such cases reported in the media, which was (were) rectified soon afterwards.Like your comment above that not making payments on a loan is a mere technicality (!), your fabrication of “thousands” is completely off the mark. Better to come across transparently and say that you are a lawyer representing delinquent borrowers.
I’ll come clean too; I’m an investor buying residential property, and I’m also on the fence about buying my own house, so it is in my own interest that the markets return to sanity, meaning, that prices come down to a point where the market clears and house prices appreciate at about the rate of inflation. Also, once the investors come in, refurbish, and rent out, there won’t be any abandoned houses or blighted neighborhoods.
But as long as we deny and delay the inevitable, we make the process more costly for all involved.
Participant[quote=SK in CV]Is that what this is about? Lenders should be able to run rough-shod over the system that they agreed to, ignore laws, blatantly break laws, commit purjury, foreclose on thousands of homes that they shouldn’t, and worse, just so that a few people might not get free houses?[/quote]
(Emphasis added)
You can’t argue using false facts like those “thousands of foreclosures” that shouldn’t be. There’s been at most 1 or so such cases reported in the media, which was (were) rectified soon afterwards.Like your comment above that not making payments on a loan is a mere technicality (!), your fabrication of “thousands” is completely off the mark. Better to come across transparently and say that you are a lawyer representing delinquent borrowers.
I’ll come clean too; I’m an investor buying residential property, and I’m also on the fence about buying my own house, so it is in my own interest that the markets return to sanity, meaning, that prices come down to a point where the market clears and house prices appreciate at about the rate of inflation. Also, once the investors come in, refurbish, and rent out, there won’t be any abandoned houses or blighted neighborhoods.
But as long as we deny and delay the inevitable, we make the process more costly for all involved.
ParticipantAK, you should have used quotation marks in your post… I thought you had written all that stuff about not allowing your kids to be in school plays.
Amy is a prof at Yale, and so is her husband Jed, a jewish braniac. What’s funny is that Jed studied drama for several years at Julliard! For some reason he still turned out OK. (I would like to hear Amy’s thoughts on this, and BTW a few days ago I re-watched The Dead Poets Society, where a kid commits suicide when his parents forbid him to be in a school play.)
Something to consider about this article: When you have parents who are high achieveing braniacs with Ivy-league advanced degrees, their kids tend to do well in school too, regardless of their ethnicity, traditions, culture, etc.
She looks hot in the picture taken in a hotel room!
ParticipantAK, you should have used quotation marks in your post… I thought you had written all that stuff about not allowing your kids to be in school plays.
Amy is a prof at Yale, and so is her husband Jed, a jewish braniac. What’s funny is that Jed studied drama for several years at Julliard! For some reason he still turned out OK. (I would like to hear Amy’s thoughts on this, and BTW a few days ago I re-watched The Dead Poets Society, where a kid commits suicide when his parents forbid him to be in a school play.)
Something to consider about this article: When you have parents who are high achieveing braniacs with Ivy-league advanced degrees, their kids tend to do well in school too, regardless of their ethnicity, traditions, culture, etc.
She looks hot in the picture taken in a hotel room!
ParticipantAK, you should have used quotation marks in your post… I thought you had written all that stuff about not allowing your kids to be in school plays.
Amy is a prof at Yale, and so is her husband Jed, a jewish braniac. What’s funny is that Jed studied drama for several years at Julliard! For some reason he still turned out OK. (I would like to hear Amy’s thoughts on this, and BTW a few days ago I re-watched The Dead Poets Society, where a kid commits suicide when his parents forbid him to be in a school play.)
Something to consider about this article: When you have parents who are high achieveing braniacs with Ivy-league advanced degrees, their kids tend to do well in school too, regardless of their ethnicity, traditions, culture, etc.
She looks hot in the picture taken in a hotel room!
ParticipantAK, you should have used quotation marks in your post… I thought you had written all that stuff about not allowing your kids to be in school plays.
Amy is a prof at Yale, and so is her husband Jed, a jewish braniac. What’s funny is that Jed studied drama for several years at Julliard! For some reason he still turned out OK. (I would like to hear Amy’s thoughts on this, and BTW a few days ago I re-watched The Dead Poets Society, where a kid commits suicide when his parents forbid him to be in a school play.)
Something to consider about this article: When you have parents who are high achieveing braniacs with Ivy-league advanced degrees, their kids tend to do well in school too, regardless of their ethnicity, traditions, culture, etc.
She looks hot in the picture taken in a hotel room!
ParticipantAK, you should have used quotation marks in your post… I thought you had written all that stuff about not allowing your kids to be in school plays.
Amy is a prof at Yale, and so is her husband Jed, a jewish braniac. What’s funny is that Jed studied drama for several years at Julliard! For some reason he still turned out OK. (I would like to hear Amy’s thoughts on this, and BTW a few days ago I re-watched The Dead Poets Society, where a kid commits suicide when his parents forbid him to be in a school play.)
Something to consider about this article: When you have parents who are high achieveing braniacs with Ivy-league advanced degrees, their kids tend to do well in school too, regardless of their ethnicity, traditions, culture, etc.
She looks hot in the picture taken in a hotel room!
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