[DWCAP]

The perception is that the Republicans are gonna get creamed this coming election, so they can’t be seen as insensitive, like Katrina. They found a band-aid and put it on a shotgun wound. The Sub-prime hole may stop bleading for a time, but the Alt_A wounds and option arm hits are about to bleed this market out. Now itll just take more time.
Besides, wont this make the NEXT reset even worse? If they havn’t been paying off capital, in 5 years the repayment part will be even higher.

[DWCAP]

The perception is that the Republicans are gonna get creamed this coming election, so they can’t be seen as insensitive, like Katrina. They found a band-aid and put it on a shotgun wound. The Sub-prime hole may stop bleading for a time, but the Alt_A wounds and option arm hits are about to bleed this market out. Now itll just take more time.
Besides, wont this make the NEXT reset even worse? If they havn’t been paying off capital, in 5 years the repayment part will be even higher.

[DWCAP]

The perception is that the Republicans are gonna get creamed this coming election, so they can’t be seen as insensitive, like Katrina. They found a band-aid and put it on a shotgun wound. The Sub-prime hole may stop bleading for a time, but the Alt_A wounds and option arm hits are about to bleed this market out. Now itll just take more time.
Besides, wont this make the NEXT reset even worse? If they havn’t been paying off capital, in 5 years the repayment part will be even higher.

[DWCAP]

The perception is that the Republicans are gonna get creamed this coming election, so they can’t be seen as insensitive, like Katrina. They found a band-aid and put it on a shotgun wound. The Sub-prime hole may stop bleading for a time, but the Alt_A wounds and option arm hits are about to bleed this market out. Now itll just take more time.
Besides, wont this make the NEXT reset even worse? If they havn’t been paying off capital, in 5 years the repayment part will be even higher.

[DWCAP]

The perception is that the Republicans are gonna get creamed this coming election, so they can’t be seen as insensitive, like Katrina. They found a band-aid and put it on a shotgun wound. The Sub-prime hole may stop bleading for a time, but the Alt_A wounds and option arm hits are about to bleed this market out. Now itll just take more time.
Besides, wont this make the NEXT reset even worse? If they havn’t been paying off capital, in 5 years the repayment part will be even higher.

[DWCAP]

sdrealtor,

I am a first time poster, but have been reading this site for some time. I rarely just jump into anything and prefer to get a feel of the site and who is here. Besides, I am usually reading this at work when bored, something I shouldnt be doing anyways. Also I have been kinda wanting to introduce myself on a thread like this, something not really real estate related. Seems better than just interjecting myself into a serious discussion about someones biggest financial decisions.
Just to introduce myself, I am younger than most on this board, mid-twenties. I am originally from Santa Barbara but have spent the better part of this decade in UCDavis. I found this site about 4 months ago. I am male, unmarried, and have a good job in La Jolla that doesnt pay the huge sums that everyone here seems to be making. I rent a house in Mira Mesa, own my own car outright, and save like there is no tomorrow. I carry no debts what-so-ever and have managed to hoard enough for a 20% down payment on a house. I inherited a large % of it, but I still manage to save about 25% of my take home pay each month ontop of my retirement $ (401k, roth etc).
That is what brings me to this site, when I moved here everyone told me to invest in Realestate, get rich quick etc. One of my degrees is in buisness and I have had accounting classes before. 10 seconds running the numbers made the hair on the back of my neck stand up and so here I am.
Post getting to long, so ill stop. Just wanted to start right and I fully intend to not be one of those names you put up, wondering what ever happened to that guy.

[DWCAP]

sdrealtor,

I am a first time poster, but have been reading this site for some time. I rarely just jump into anything and prefer to get a feel of the site and who is here. Besides, I am usually reading this at work when bored, something I shouldnt be doing anyways. Also I have been kinda wanting to introduce myself on a thread like this, something not really real estate related. Seems better than just interjecting myself into a serious discussion about someones biggest financial decisions.
Just to introduce myself, I am younger than most on this board, mid-twenties. I am originally from Santa Barbara but have spent the better part of this decade in UCDavis. I found this site about 4 months ago. I am male, unmarried, and have a good job in La Jolla that doesnt pay the huge sums that everyone here seems to be making. I rent a house in Mira Mesa, own my own car outright, and save like there is no tomorrow. I carry no debts what-so-ever and have managed to hoard enough for a 20% down payment on a house. I inherited a large % of it, but I still manage to save about 25% of my take home pay each month ontop of my retirement $ (401k, roth etc).
That is what brings me to this site, when I moved here everyone told me to invest in Realestate, get rich quick etc. One of my degrees is in buisness and I have had accounting classes before. 10 seconds running the numbers made the hair on the back of my neck stand up and so here I am.
Post getting to long, so ill stop. Just wanted to start right and I fully intend to not be one of those names you put up, wondering what ever happened to that guy.

[DWCAP]

sdrealtor,

I am a first time poster, but have been reading this site for some time. I rarely just jump into anything and prefer to get a feel of the site and who is here. Besides, I am usually reading this at work when bored, something I shouldnt be doing anyways. Also I have been kinda wanting to introduce myself on a thread like this, something not really real estate related. Seems better than just interjecting myself into a serious discussion about someones biggest financial decisions.
Just to introduce myself, I am younger than most on this board, mid-twenties. I am originally from Santa Barbara but have spent the better part of this decade in UCDavis. I found this site about 4 months ago. I am male, unmarried, and have a good job in La Jolla that doesnt pay the huge sums that everyone here seems to be making. I rent a house in Mira Mesa, own my own car outright, and save like there is no tomorrow. I carry no debts what-so-ever and have managed to hoard enough for a 20% down payment on a house. I inherited a large % of it, but I still manage to save about 25% of my take home pay each month ontop of my retirement $ (401k, roth etc).
That is what brings me to this site, when I moved here everyone told me to invest in Realestate, get rich quick etc. One of my degrees is in buisness and I have had accounting classes before. 10 seconds running the numbers made the hair on the back of my neck stand up and so here I am.
Post getting to long, so ill stop. Just wanted to start right and I fully intend to not be one of those names you put up, wondering what ever happened to that guy.

[DWCAP]

sdrealtor,

I am a first time poster, but have been reading this site for some time. I rarely just jump into anything and prefer to get a feel of the site and who is here. Besides, I am usually reading this at work when bored, something I shouldnt be doing anyways. Also I have been kinda wanting to introduce myself on a thread like this, something not really real estate related. Seems better than just interjecting myself into a serious discussion about someones biggest financial decisions.
Just to introduce myself, I am younger than most on this board, mid-twenties. I am originally from Santa Barbara but have spent the better part of this decade in UCDavis. I found this site about 4 months ago. I am male, unmarried, and have a good job in La Jolla that doesnt pay the huge sums that everyone here seems to be making. I rent a house in Mira Mesa, own my own car outright, and save like there is no tomorrow. I carry no debts what-so-ever and have managed to hoard enough for a 20% down payment on a house. I inherited a large % of it, but I still manage to save about 25% of my take home pay each month ontop of my retirement $ (401k, roth etc).
That is what brings me to this site, when I moved here everyone told me to invest in Realestate, get rich quick etc. One of my degrees is in buisness and I have had accounting classes before. 10 seconds running the numbers made the hair on the back of my neck stand up and so here I am.
Post getting to long, so ill stop. Just wanted to start right and I fully intend to not be one of those names you put up, wondering what ever happened to that guy.

[DWCAP]

sdrealtor,

I am a first time poster, but have been reading this site for some time. I rarely just jump into anything and prefer to get a feel of the site and who is here. Besides, I am usually reading this at work when bored, something I shouldnt be doing anyways. Also I have been kinda wanting to introduce myself on a thread like this, something not really real estate related. Seems better than just interjecting myself into a serious discussion about someones biggest financial decisions.
Just to introduce myself, I am younger than most on this board, mid-twenties. I am originally from Santa Barbara but have spent the better part of this decade in UCDavis. I found this site about 4 months ago. I am male, unmarried, and have a good job in La Jolla that doesnt pay the huge sums that everyone here seems to be making. I rent a house in Mira Mesa, own my own car outright, and save like there is no tomorrow. I carry no debts what-so-ever and have managed to hoard enough for a 20% down payment on a house. I inherited a large % of it, but I still manage to save about 25% of my take home pay each month ontop of my retirement $ (401k, roth etc).
That is what brings me to this site, when I moved here everyone told me to invest in Realestate, get rich quick etc. One of my degrees is in buisness and I have had accounting classes before. 10 seconds running the numbers made the hair on the back of my neck stand up and so here I am.
Post getting to long, so ill stop. Just wanted to start right and I fully intend to not be one of those names you put up, wondering what ever happened to that guy.

[Author]

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