[EconProf]

BobS
In years past I’ve rented apartments and townhouses to both UCSD students and SDSU students. I found there was a HUGE difference in renting to these two very different groups, with the latter being, ahem, difficult, and the former being just great. Sample size of about 40 SDSU students and 80 UCSD students over 8 years.

[EconProf]

BobS
In years past I’ve rented apartments and townhouses to both UCSD students and SDSU students. I found there was a HUGE difference in renting to these two very different groups, with the latter being, ahem, difficult, and the former being just great. Sample size of about 40 SDSU students and 80 UCSD students over 8 years.

[EconProf]

BobS
In years past I’ve rented apartments and townhouses to both UCSD students and SDSU students. I found there was a HUGE difference in renting to these two very different groups, with the latter being, ahem, difficult, and the former being just great. Sample size of about 40 SDSU students and 80 UCSD students over 8 years.

[EconProf]

BobS
In years past I’ve rented apartments and townhouses to both UCSD students and SDSU students. I found there was a HUGE difference in renting to these two very different groups, with the latter being, ahem, difficult, and the former being just great. Sample size of about 40 SDSU students and 80 UCSD students over 8 years.

[EconProf]

BobS
In years past I’ve rented apartments and townhouses to both UCSD students and SDSU students. I found there was a HUGE difference in renting to these two very different groups, with the latter being, ahem, difficult, and the former being just great. Sample size of about 40 SDSU students and 80 UCSD students over 8 years.

[EconProf]

BobS
TemekuT is correct, but way too gentle in suggesting you get immediate professional advice. No one in this deal is looking out for you, or even has the incentive to look out for your interests. There are several red flags waving and it really appears you are being rushed so as NOT to get outside advice.
Right now, you have the power. Start signing papers and you lose that leverage. Run, don’t walk, to get outside, impartial third party advice.

[EconProf]

BobS
TemekuT is correct, but way too gentle in suggesting you get immediate professional advice. No one in this deal is looking out for you, or even has the incentive to look out for your interests. There are several red flags waving and it really appears you are being rushed so as NOT to get outside advice.
Right now, you have the power. Start signing papers and you lose that leverage. Run, don’t walk, to get outside, impartial third party advice.

[EconProf]

BobS
TemekuT is correct, but way too gentle in suggesting you get immediate professional advice. No one in this deal is looking out for you, or even has the incentive to look out for your interests. There are several red flags waving and it really appears you are being rushed so as NOT to get outside advice.
Right now, you have the power. Start signing papers and you lose that leverage. Run, don’t walk, to get outside, impartial third party advice.

[EconProf]

BobS
TemekuT is correct, but way too gentle in suggesting you get immediate professional advice. No one in this deal is looking out for you, or even has the incentive to look out for your interests. There are several red flags waving and it really appears you are being rushed so as NOT to get outside advice.
Right now, you have the power. Start signing papers and you lose that leverage. Run, don’t walk, to get outside, impartial third party advice.

[EconProf]

BobS
TemekuT is correct, but way too gentle in suggesting you get immediate professional advice. No one in this deal is looking out for you, or even has the incentive to look out for your interests. There are several red flags waving and it really appears you are being rushed so as NOT to get outside advice.
Right now, you have the power. Start signing papers and you lose that leverage. Run, don’t walk, to get outside, impartial third party advice.

[EconProf]

BobS
Stockstrader: Everything you say sounds on target, at least in theory. You may have been around in the 1970s and 1980s when those homeowners who had old fixed rate 30 year loans way below prevailing rates of inflation were “the smartest guys in the room”. If it was a VA rate at say, 5%, when everyone was getting a new loan at 12%, and said loan could be passed on to any buyer of the property, this actually boosted the value of the property considerably.
The inflationary scenario you portray looks entirely plausable; the only question I have is why aren’t long term rates higher now. Investors aren’t irrational (usually). Who would be crazy enough to buy a 30 year government bond today @ 5%, or lend on a 30 year mortgage @ 6%. Yet those are today’s rates.
I agree with your thesis, I just don’t yet see the market supporting it.

[EconProf]

BobS
Stockstrader: Everything you say sounds on target, at least in theory. You may have been around in the 1970s and 1980s when those homeowners who had old fixed rate 30 year loans way below prevailing rates of inflation were “the smartest guys in the room”. If it was a VA rate at say, 5%, when everyone was getting a new loan at 12%, and said loan could be passed on to any buyer of the property, this actually boosted the value of the property considerably.
The inflationary scenario you portray looks entirely plausable; the only question I have is why aren’t long term rates higher now. Investors aren’t irrational (usually). Who would be crazy enough to buy a 30 year government bond today @ 5%, or lend on a 30 year mortgage @ 6%. Yet those are today’s rates.
I agree with your thesis, I just don’t yet see the market supporting it.

[EconProf]

BobS
Stockstrader: Everything you say sounds on target, at least in theory. You may have been around in the 1970s and 1980s when those homeowners who had old fixed rate 30 year loans way below prevailing rates of inflation were “the smartest guys in the room”. If it was a VA rate at say, 5%, when everyone was getting a new loan at 12%, and said loan could be passed on to any buyer of the property, this actually boosted the value of the property considerably.
The inflationary scenario you portray looks entirely plausable; the only question I have is why aren’t long term rates higher now. Investors aren’t irrational (usually). Who would be crazy enough to buy a 30 year government bond today @ 5%, or lend on a 30 year mortgage @ 6%. Yet those are today’s rates.
I agree with your thesis, I just don’t yet see the market supporting it.

[EconProf]

BobS
Stockstrader: Everything you say sounds on target, at least in theory. You may have been around in the 1970s and 1980s when those homeowners who had old fixed rate 30 year loans way below prevailing rates of inflation were “the smartest guys in the room”. If it was a VA rate at say, 5%, when everyone was getting a new loan at 12%, and said loan could be passed on to any buyer of the property, this actually boosted the value of the property considerably.
The inflationary scenario you portray looks entirely plausable; the only question I have is why aren’t long term rates higher now. Investors aren’t irrational (usually). Who would be crazy enough to buy a 30 year government bond today @ 5%, or lend on a 30 year mortgage @ 6%. Yet those are today’s rates.
I agree with your thesis, I just don’t yet see the market supporting it.

[EconProf]

BobS
Stockstrader: Everything you say sounds on target, at least in theory. You may have been around in the 1970s and 1980s when those homeowners who had old fixed rate 30 year loans way below prevailing rates of inflation were “the smartest guys in the room”. If it was a VA rate at say, 5%, when everyone was getting a new loan at 12%, and said loan could be passed on to any buyer of the property, this actually boosted the value of the property considerably.
The inflationary scenario you portray looks entirely plausable; the only question I have is why aren’t long term rates higher now. Investors aren’t irrational (usually). Who would be crazy enough to buy a 30 year government bond today @ 5%, or lend on a 30 year mortgage @ 6%. Yet those are today’s rates.
I agree with your thesis, I just don’t yet see the market supporting it.

[Author]

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