Forum Replies Created
-
AuthorPosts
-
DWCAP
ParticipantAlex,
I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.
ParticipantAlex,
I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.
ParticipantAlex,
I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.
ParticipantAlex,
I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.
ParticipantOk, so I gotta say this kinda pisses me off. You have Yun and his henchmen effectivly bribing the government to raise government risk inorder to put a floor under over inflated prices. If it wasnt an election year, this wouldnt be going on. But people are scared and there is no better way for a pol to get reelected then to calm the fears of people. Look at Gulliani (sp?).
Is there any way to fight this kinda stuff? Other than vote for RP or write some letter to a staffer in B.Boxers office thatll get ignored? A counter NAR that lobbies for fiscal responsibility? Or is this all election year BS thatll be ignored as soon as the election is over, like New Orleans rebuilding? Just curious.
ParticipantOk, so I gotta say this kinda pisses me off. You have Yun and his henchmen effectivly bribing the government to raise government risk inorder to put a floor under over inflated prices. If it wasnt an election year, this wouldnt be going on. But people are scared and there is no better way for a pol to get reelected then to calm the fears of people. Look at Gulliani (sp?).
Is there any way to fight this kinda stuff? Other than vote for RP or write some letter to a staffer in B.Boxers office thatll get ignored? A counter NAR that lobbies for fiscal responsibility? Or is this all election year BS thatll be ignored as soon as the election is over, like New Orleans rebuilding? Just curious.
ParticipantOk, so I gotta say this kinda pisses me off. You have Yun and his henchmen effectivly bribing the government to raise government risk inorder to put a floor under over inflated prices. If it wasnt an election year, this wouldnt be going on. But people are scared and there is no better way for a pol to get reelected then to calm the fears of people. Look at Gulliani (sp?).
Is there any way to fight this kinda stuff? Other than vote for RP or write some letter to a staffer in B.Boxers office thatll get ignored? A counter NAR that lobbies for fiscal responsibility? Or is this all election year BS thatll be ignored as soon as the election is over, like New Orleans rebuilding? Just curious.
ParticipantOk, so I gotta say this kinda pisses me off. You have Yun and his henchmen effectivly bribing the government to raise government risk inorder to put a floor under over inflated prices. If it wasnt an election year, this wouldnt be going on. But people are scared and there is no better way for a pol to get reelected then to calm the fears of people. Look at Gulliani (sp?).
Is there any way to fight this kinda stuff? Other than vote for RP or write some letter to a staffer in B.Boxers office thatll get ignored? A counter NAR that lobbies for fiscal responsibility? Or is this all election year BS thatll be ignored as soon as the election is over, like New Orleans rebuilding? Just curious.
ParticipantOk, so I gotta say this kinda pisses me off. You have Yun and his henchmen effectivly bribing the government to raise government risk inorder to put a floor under over inflated prices. If it wasnt an election year, this wouldnt be going on. But people are scared and there is no better way for a pol to get reelected then to calm the fears of people. Look at Gulliani (sp?).
Is there any way to fight this kinda stuff? Other than vote for RP or write some letter to a staffer in B.Boxers office thatll get ignored? A counter NAR that lobbies for fiscal responsibility? Or is this all election year BS thatll be ignored as soon as the election is over, like New Orleans rebuilding? Just curious.
Participantmixxalot,
Good, I am glad that you are doing well. (seriously) I am a renter, I need landlords. I hope you are fair and responsible, as we need these even more. I was just trying to point out that thousands and thousands of LL buyers arnt gonna save this market anymore than these basement interest rates are. (why? More LL’s just drive up supply, reducing rents until a new lower housing price is reached to support these rents.)The real problem is that housing is outa wack with incomes and no matter what anyone tries to do, without serious wage growth or major population gains, this market has to fall.
If my sarcasm was taken without good humor, I appologize. I know too many would be/are current landlords that think collecting rent will be like collecting a bond divedend. (the check is in the mail, enjoy) They have/are budging increases and prefect rental returns into their calculations on what they would pay for this rental now. This isnt just pigg’s or aimed at anyone here, just an observation. In the bubble people priced in very high expected appreciation into what they would pay, and look what happened. Rents are no different.
Participantmixxalot,
Good, I am glad that you are doing well. (seriously) I am a renter, I need landlords. I hope you are fair and responsible, as we need these even more. I was just trying to point out that thousands and thousands of LL buyers arnt gonna save this market anymore than these basement interest rates are. (why? More LL’s just drive up supply, reducing rents until a new lower housing price is reached to support these rents.)The real problem is that housing is outa wack with incomes and no matter what anyone tries to do, without serious wage growth or major population gains, this market has to fall.
If my sarcasm was taken without good humor, I appologize. I know too many would be/are current landlords that think collecting rent will be like collecting a bond divedend. (the check is in the mail, enjoy) They have/are budging increases and prefect rental returns into their calculations on what they would pay for this rental now. This isnt just pigg’s or aimed at anyone here, just an observation. In the bubble people priced in very high expected appreciation into what they would pay, and look what happened. Rents are no different.
Participantmixxalot,
Good, I am glad that you are doing well. (seriously) I am a renter, I need landlords. I hope you are fair and responsible, as we need these even more. I was just trying to point out that thousands and thousands of LL buyers arnt gonna save this market anymore than these basement interest rates are. (why? More LL’s just drive up supply, reducing rents until a new lower housing price is reached to support these rents.)The real problem is that housing is outa wack with incomes and no matter what anyone tries to do, without serious wage growth or major population gains, this market has to fall.
If my sarcasm was taken without good humor, I appologize. I know too many would be/are current landlords that think collecting rent will be like collecting a bond divedend. (the check is in the mail, enjoy) They have/are budging increases and prefect rental returns into their calculations on what they would pay for this rental now. This isnt just pigg’s or aimed at anyone here, just an observation. In the bubble people priced in very high expected appreciation into what they would pay, and look what happened. Rents are no different.
Participantmixxalot,
Good, I am glad that you are doing well. (seriously) I am a renter, I need landlords. I hope you are fair and responsible, as we need these even more. I was just trying to point out that thousands and thousands of LL buyers arnt gonna save this market anymore than these basement interest rates are. (why? More LL’s just drive up supply, reducing rents until a new lower housing price is reached to support these rents.)The real problem is that housing is outa wack with incomes and no matter what anyone tries to do, without serious wage growth or major population gains, this market has to fall.
If my sarcasm was taken without good humor, I appologize. I know too many would be/are current landlords that think collecting rent will be like collecting a bond divedend. (the check is in the mail, enjoy) They have/are budging increases and prefect rental returns into their calculations on what they would pay for this rental now. This isnt just pigg’s or aimed at anyone here, just an observation. In the bubble people priced in very high expected appreciation into what they would pay, and look what happened. Rents are no different.
Participantmixxalot,
Good, I am glad that you are doing well. (seriously) I am a renter, I need landlords. I hope you are fair and responsible, as we need these even more. I was just trying to point out that thousands and thousands of LL buyers arnt gonna save this market anymore than these basement interest rates are. (why? More LL’s just drive up supply, reducing rents until a new lower housing price is reached to support these rents.)The real problem is that housing is outa wack with incomes and no matter what anyone tries to do, without serious wage growth or major population gains, this market has to fall.
If my sarcasm was taken without good humor, I appologize. I know too many would be/are current landlords that think collecting rent will be like collecting a bond divedend. (the check is in the mail, enjoy) They have/are budging increases and prefect rental returns into their calculations on what they would pay for this rental now. This isnt just pigg’s or aimed at anyone here, just an observation. In the bubble people priced in very high expected appreciation into what they would pay, and look what happened. Rents are no different.
-
AuthorPosts
