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Ex-SD
ParticipantOh yes….the old, “it could never happen to me” syndrome.
sdnerd: Older people tend to be more pessimistic because they’ve had their ass handed to them (or know many people who have) when they least expect it. Don’t be too smug about your convictions at this point. Things are going to get pretty nasty and chances are, your company is working off of investor money that could dry up and leave you and bunch of other people standing on the corner saying, what happened? I’m not saying it’s going to happen….I’ve just seen it too many times to people I know who wound up spending every dime they had until they could get back on their feet in order to survive after being blind-sided out the blue when their company folded and their industry shrunk and their $200k income went to zero.
If you truly believe that SD housing isn’t going to drop a great deal more, then by all means, go out and buy a home tomorrow……..but don’t come back here moaning and groaning when it drops a whole lot more after you buy (like some have already done who were warned and have now come back saying, “I should have listened”). You don’t have to believe that we’re already in a recession that’s going to get a whole lot worse and affect a whole lot of people and the economies of a lot of cities and states. And besides…………It’s your money and if you can waste it anyway you want.ParticipantOh yes….the old, “it could never happen to me” syndrome.
sdnerd: Older people tend to be more pessimistic because they’ve had their ass handed to them (or know many people who have) when they least expect it. Don’t be too smug about your convictions at this point. Things are going to get pretty nasty and chances are, your company is working off of investor money that could dry up and leave you and bunch of other people standing on the corner saying, what happened? I’m not saying it’s going to happen….I’ve just seen it too many times to people I know who wound up spending every dime they had until they could get back on their feet in order to survive after being blind-sided out the blue when their company folded and their industry shrunk and their $200k income went to zero.
If you truly believe that SD housing isn’t going to drop a great deal more, then by all means, go out and buy a home tomorrow……..but don’t come back here moaning and groaning when it drops a whole lot more after you buy (like some have already done who were warned and have now come back saying, “I should have listened”). You don’t have to believe that we’re already in a recession that’s going to get a whole lot worse and affect a whole lot of people and the economies of a lot of cities and states. And besides…………It’s your money and if you can waste it anyway you want.ParticipantOh yes….the old, “it could never happen to me” syndrome.
sdnerd: Older people tend to be more pessimistic because they’ve had their ass handed to them (or know many people who have) when they least expect it. Don’t be too smug about your convictions at this point. Things are going to get pretty nasty and chances are, your company is working off of investor money that could dry up and leave you and bunch of other people standing on the corner saying, what happened? I’m not saying it’s going to happen….I’ve just seen it too many times to people I know who wound up spending every dime they had until they could get back on their feet in order to survive after being blind-sided out the blue when their company folded and their industry shrunk and their $200k income went to zero.
If you truly believe that SD housing isn’t going to drop a great deal more, then by all means, go out and buy a home tomorrow……..but don’t come back here moaning and groaning when it drops a whole lot more after you buy (like some have already done who were warned and have now come back saying, “I should have listened”). You don’t have to believe that we’re already in a recession that’s going to get a whole lot worse and affect a whole lot of people and the economies of a lot of cities and states. And besides…………It’s your money and if you can waste it anyway you want.ParticipantOh yes….the old, “it could never happen to me” syndrome.
sdnerd: Older people tend to be more pessimistic because they’ve had their ass handed to them (or know many people who have) when they least expect it. Don’t be too smug about your convictions at this point. Things are going to get pretty nasty and chances are, your company is working off of investor money that could dry up and leave you and bunch of other people standing on the corner saying, what happened? I’m not saying it’s going to happen….I’ve just seen it too many times to people I know who wound up spending every dime they had until they could get back on their feet in order to survive after being blind-sided out the blue when their company folded and their industry shrunk and their $200k income went to zero.
If you truly believe that SD housing isn’t going to drop a great deal more, then by all means, go out and buy a home tomorrow……..but don’t come back here moaning and groaning when it drops a whole lot more after you buy (like some have already done who were warned and have now come back saying, “I should have listened”). You don’t have to believe that we’re already in a recession that’s going to get a whole lot worse and affect a whole lot of people and the economies of a lot of cities and states. And besides…………It’s your money and if you can waste it anyway you want.ParticipantOMH:
IMHO, that housing valuation chart is all wet. San Diego doesn’t have enough of the population who makes enough income to buy all the homes that are presently on the market at the present prices. When a zillion more fall into foreclosure and prices keep driven down, we will see prices that are far lower than that chart predicts.
ParticipantOMH:
IMHO, that housing valuation chart is all wet. San Diego doesn’t have enough of the population who makes enough income to buy all the homes that are presently on the market at the present prices. When a zillion more fall into foreclosure and prices keep driven down, we will see prices that are far lower than that chart predicts.
ParticipantOMH:
IMHO, that housing valuation chart is all wet. San Diego doesn’t have enough of the population who makes enough income to buy all the homes that are presently on the market at the present prices. When a zillion more fall into foreclosure and prices keep driven down, we will see prices that are far lower than that chart predicts.
ParticipantOMH:
IMHO, that housing valuation chart is all wet. San Diego doesn’t have enough of the population who makes enough income to buy all the homes that are presently on the market at the present prices. When a zillion more fall into foreclosure and prices keep driven down, we will see prices that are far lower than that chart predicts.
ParticipantOMH:
IMHO, that housing valuation chart is all wet. San Diego doesn’t have enough of the population who makes enough income to buy all the homes that are presently on the market at the present prices. When a zillion more fall into foreclosure and prices keep driven down, we will see prices that are far lower than that chart predicts.
ParticipantAs I’ve posted before: My opinion is that Alex is the “Bozo The Clown” of this forum. He’s posted things like this numerous times and rarely posts again within the thread to reply, rebut or add anything to his original post.
He does seem to derive some sort of pleasure out of getting people to respond to his nonsense. Alex really doesn’t understand that it’s o.k. to be arrogant and it’s perfectly acceptable to be ignorant…………….but you should never be both at the same time.ParticipantAs I’ve posted before: My opinion is that Alex is the “Bozo The Clown” of this forum. He’s posted things like this numerous times and rarely posts again within the thread to reply, rebut or add anything to his original post.
He does seem to derive some sort of pleasure out of getting people to respond to his nonsense. Alex really doesn’t understand that it’s o.k. to be arrogant and it’s perfectly acceptable to be ignorant…………….but you should never be both at the same time.ParticipantAs I’ve posted before: My opinion is that Alex is the “Bozo The Clown” of this forum. He’s posted things like this numerous times and rarely posts again within the thread to reply, rebut or add anything to his original post.
He does seem to derive some sort of pleasure out of getting people to respond to his nonsense. Alex really doesn’t understand that it’s o.k. to be arrogant and it’s perfectly acceptable to be ignorant…………….but you should never be both at the same time.ParticipantAs I’ve posted before: My opinion is that Alex is the “Bozo The Clown” of this forum. He’s posted things like this numerous times and rarely posts again within the thread to reply, rebut or add anything to his original post.
He does seem to derive some sort of pleasure out of getting people to respond to his nonsense. Alex really doesn’t understand that it’s o.k. to be arrogant and it’s perfectly acceptable to be ignorant…………….but you should never be both at the same time.ParticipantAs I’ve posted before: My opinion is that Alex is the “Bozo The Clown” of this forum. He’s posted things like this numerous times and rarely posts again within the thread to reply, rebut or add anything to his original post.
He does seem to derive some sort of pleasure out of getting people to respond to his nonsense. Alex really doesn’t understand that it’s o.k. to be arrogant and it’s perfectly acceptable to be ignorant…………….but you should never be both at the same time. -
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