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drunkleParticipant
as hawk said, i was talking about the difference in valuations. more to the point, i didn’t think that the comparison between buying high and holding in the 90’s compared well with doing so today. maybe it does. but comparing wage trends in the 90’s with those of the 00’s, i don’t think so.
it was also a general comment and not one specific to relo. i dont know their financial situation and how stable they are. from personal experience, a single middle class wage earner in the 90’s could afford to buy high in the 90’s and tough it out. buying high today with mandatory dual income is what i’d consider precarious.
not to mention, what you got for your money: 300k in the 90’s for new vs 550k for beat.
drunkleParticipantas hawk said, i was talking about the difference in valuations. more to the point, i didn’t think that the comparison between buying high and holding in the 90’s compared well with doing so today. maybe it does. but comparing wage trends in the 90’s with those of the 00’s, i don’t think so.
it was also a general comment and not one specific to relo. i dont know their financial situation and how stable they are. from personal experience, a single middle class wage earner in the 90’s could afford to buy high in the 90’s and tough it out. buying high today with mandatory dual income is what i’d consider precarious.
not to mention, what you got for your money: 300k in the 90’s for new vs 550k for beat.
drunkleParticipanthow much did re appreciate in the 90’s? compared to how much re appreciated in the 00’s?
big difference, one is livable, the other isn’t.
drunkleParticipanthow much did re appreciate in the 90’s? compared to how much re appreciated in the 00’s?
big difference, one is livable, the other isn’t.
drunkleParticipant“People get ahead because they work hard AND – more importantly – they know how to work the system, politically. Many get ahead by simply working the system, and they don’t find that working hard is even a prerequisite.
Anyone agree about my observations?”
i think that may be an observation of “modern” western/american corporate life. i dont think eastern corps work that way…
small businesses have no politics to work. you have to work hard in a small business.
big business is not in the business of working hard or innovating. they’re in the business of pushing pencils. innovation comes from the small businesses, from hard working and intelligent people who ultimately benefit the masses.
hard work does pay. corporate america is not the standard of measure of a man.
and there’s nothing wrong with selling out. you paid your dues, you earned your pay. let the corporate robots take over and do the grunt work.
drunkleParticipant“People get ahead because they work hard AND – more importantly – they know how to work the system, politically. Many get ahead by simply working the system, and they don’t find that working hard is even a prerequisite.
Anyone agree about my observations?”
i think that may be an observation of “modern” western/american corporate life. i dont think eastern corps work that way…
small businesses have no politics to work. you have to work hard in a small business.
big business is not in the business of working hard or innovating. they’re in the business of pushing pencils. innovation comes from the small businesses, from hard working and intelligent people who ultimately benefit the masses.
hard work does pay. corporate america is not the standard of measure of a man.
and there’s nothing wrong with selling out. you paid your dues, you earned your pay. let the corporate robots take over and do the grunt work.
drunkleParticipantgot it. given a choice between a tbill and a home loan, investors want the better return. especially considering the risk.
something seems screwed up about it anyway. like, the commoditization of ownership. but i can’t put my finger on it.
drunkleParticipantgot it. given a choice between a tbill and a home loan, investors want the better return. especially considering the risk.
something seems screwed up about it anyway. like, the commoditization of ownership. but i can’t put my finger on it.
drunkleParticipantwho pays the interest on tbills? the taxpayers, i presume.
who collects the interest on fed rates? private banks.
why are tbills and mortgage rates connected?
how are americans not getting screwed 6 ways to sunday?
drunkleParticipantwho pays the interest on tbills? the taxpayers, i presume.
who collects the interest on fed rates? private banks.
why are tbills and mortgage rates connected?
how are americans not getting screwed 6 ways to sunday?
drunkleParticipantyou might try taking advantage of the fact that there are other ignorant people out there. if it doesnt cost you anything to list, do it, see if you get a bite.
drunkleParticipantyou might try taking advantage of the fact that there are other ignorant people out there. if it doesnt cost you anything to list, do it, see if you get a bite.
drunkleParticipantisn’t that the problem? complacency, people accepting corruption as the norm leading to more and more complacency and corruption.
the other thread regarding regulation is a perfect example. people actively wanting less regulation and accepting corruption as the norm. they’ve been brainwashed into thinking that the corporation is the ideal, that governments and individuals are meaningless, even worthless.
drunkleParticipantisn’t that the problem? complacency, people accepting corruption as the norm leading to more and more complacency and corruption.
the other thread regarding regulation is a perfect example. people actively wanting less regulation and accepting corruption as the norm. they’ve been brainwashed into thinking that the corporation is the ideal, that governments and individuals are meaningless, even worthless.
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