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drunkle
Participantthe hoors have always been there, if not on the main strip then off on the sides during busts. i do think there was a short time during which the cops were actively curbing the traffic, but i think they’re done with that now.
it does seem that the girls are being obnoxiously obvious about being open for business these days. one girl in particular, hot pants girl in high heels waving to the traffic like she’s a re sign flipper person.
speaking of which, there seems to have been a rapture for sign flippers…
drunkle
Participant“Nice attempt in trying to twist my words. You know I was talking about the Soviet Union.
However, I’m about as pro-American as they come. I immigrated here a couple decades ago and love this country more than many Americans that I know.
Jeeman”
that’s nice. just beware, that widow bites.
September 27, 2007 at 9:07 PM in reply to: VOTE: state of the bubble collapse, Worse, OR Better than your expectation? #86190drunkle
ParticipantEpilogue:
Fed Cuts burned out early in the race followed quickly by Flipper and Mortgage Broker. Rounding out the trifecta is Bottom Feeder in first, Inflation in second and a surprise third place for Doom and Gloom. Boy, I tell ya, that was a heck of a race, a heck of race. We all saw Housing Bust coming, but who could have predicted Bottom Feeder breaking out? Nobody, and I mean nobody had their money on Bottom Feeder… Fed Cuts was everybody’s favorite, but what a dissappointing showing…
September 27, 2007 at 7:19 PM in reply to: VOTE: state of the bubble collapse, Worse, OR Better than your expectation? #86177drunkle
Participanti hope to see a horse named “housing bust” next year at del mar…
“go, housing bust, go!”
drunkle
Participantwho cares if other offers were made? you’re making one and they can either counter, reject or accept. same choices as if there weren’t other offers. it’s probably a standard line for any kind of sales; you’re selling your car on craigslist and you don’t want to lower your price that much. so you tell whoever shows up “oh yeah, i got a couple other people coming to look at it”. big deal, it’s a game.
drunkle
Participant“And their economic philosophies, and corruption in the gov’t, etc, etc. It all played into it, I don’t doubt that.
Jeeman”
the us aint dead yet, no need to speak in the past tense. yet.
drunkle
Participantarraya:
ok, now we get to the heart of the matter:
“Thought she could make a quick 50k in a year or two and move up.”i was under the impression that she was in it for the long haul: she moved in, she’s already sick of the place, she put money down on a fixed.
making a lot of money, having a higher degree doesn’t mean smart in everything… i have a physics phd student friend who is a devout christian… and lots of smart folks lose their shirts playing stocks…
she’s a specuvestor who, because of her bigger paycheck and gold leaf degree figured she’d do a flip the “right way”… by putting money down and moving in! and if the “priced out forever” thing were true, it would have simply meant that her move up opportunity would be moving away just as quickly as her “investment” was moving up…
where is she from, anyway? surely not from the hood…?
i’m curious if not frightened of the prospect of all the specuvestors leaving the ship… the working class folks have already been pressured and pushed out, the vacuum of disillusioned gentiles being filled by a fresh wave of tweekers…
drunkle
Participantnewbie:
would the bathroom diminish the useable space in the loft? presumably it would, at minimum for walls and doors?
2 tiny bedrooms screams low rent… that’s where the building is heading regardless, but seems to me that such a mod would accelerate the devaluation. especially considering… how’s the parking situation going to be impacted?
drunkle
Participantarraya… your friend is in a world of hurt, but… geez, 250k for a 600 ft2 condo? how did she even imagine that living there would be cool for 1500+ /mo? my god, that’s sickening…
and what end of kansas? stuck in the middle near el ca-john and the party girls?
rent for a 1 bed is ranging around 800/mo on craigs. and that’s severely inflated imo, they used to go for 500-. while the rental market on the whole may be going up for the time being, what is the demand for tiny 1 beds in tweeker town? all those foreclosures… what is the percent of foreclosures owned by single individuals… add in the flood of unoccupied, new condos?
drunkle
Participantif debt is a factor of inflation, why would you use the outcome of debt in order to modify itself?
maybe if you were measuring debt to something else, say population and then factored in inflation… eg., debt/per person inflation adjusted. then, you could have a graph that showed no debt or something equally ridiculous. justifying debt and inflation by burying the relationship they have to each other…
drunkle
Participanti’m a newbie to trading and i use scottrade.
their money transfer system is slow, taking up to and slightly more than a week to do bank transfers.
their stock ticker graphs are wonky sometimes.
their trading system is quick.
costs are on the order of $8/trade. on options, there’s an additional cost, something like $1/per contract on top of the regular per/trade fee.
the interface isn’t the greatest. tracking stocks, i use yahoo’s charts. there isn’t a real time ticker. navigating the site can be annoying; going from a stock’s summary to your account history on that stock is a pita.
it’s free to join so why don’t you try them all?
drunkle
Participantif china didn’t drop their dollar peg prior to making such a change, they would surely be killing themselves as well due to inflation.
if they did, if china’s currency were to float… wouldn’t they also be in a mess with deflation, loss of exports, economic mayhem?
i think they’re stuck… economic mutual destruction… or fisticuffs to collect debts…
come the day that china demands the us govt accept an IMF style strict monetary policy…
drunkle
Participantyou’re just an unscrupulous realtor trying to bag the easy cash by selling short and selling quick. just today on cnbc, a lady with corcoran group discussed lazy bums like you and how your kind was only in it for the quick cash. she said that *good* realtors were willing to let their own properties stay on the market for longer periods of time, waiting for the higher bids. and that that is the kind of realtor you want on your side, willing to wait the extra month or 12.
you scum.
drunkle
Participantthe author assumes that global economies will remain sound through the us downturn. is this a realistic assumption? europe is facing a liquidity crisis and housing boom of their own. china is facing stiff inflation due to pegging the yuan to the dollar. canada and australia… with strong regional currencies, are they to become service oriented economies like the us?
if you invest in gold, but dont get out in time for the inevitable (and historically rapid) reversal of liquidity, how will your investment fare?
for savvy investors, gold may be a good bet, but for joe 401k… seems to me the gold rush is as risky as ever. sure, it’s going up for now. sure, it’s better than blackjack. but when to cut and run? like all the re investors who knew a sure thing when they saw it…
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