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Fearful
ParticipantI am not bitter and am quite joyous about being 0% real estate.
But I am deeply concerned about how this situation is unfolding. When I started researching it in April ’06, I quite thought I would be buying a house here in SD in 2007. Now I think 2012, and in telling my daughters how WWII originated in the Great Depression, I realized how perilous economic malaise is. Societies do all kinds of stupid things during such periods; I just hope we don’t bring dictators to power in the next years.
I find it very hard to resist that bottle of vodka in my liquor cabinet.
By the way, I am looking for a phat rental (4-5 BR, Rich’s dream house?!?) in Carmel Valley and vicinity beginning June ’07. Anyone feel like sending tips my way, let me know.
ParticipantI am not bitter and am quite joyous about being 0% real estate.
But I am deeply concerned about how this situation is unfolding. When I started researching it in April ’06, I quite thought I would be buying a house here in SD in 2007. Now I think 2012, and in telling my daughters how WWII originated in the Great Depression, I realized how perilous economic malaise is. Societies do all kinds of stupid things during such periods; I just hope we don’t bring dictators to power in the next years.
I find it very hard to resist that bottle of vodka in my liquor cabinet.
By the way, I am looking for a phat rental (4-5 BR, Rich’s dream house?!?) in Carmel Valley and vicinity beginning June ’07. Anyone feel like sending tips my way, let me know.
ParticipantClose at $5.47. Ouchie ouchie ouch ouch
ParticipantClose at $5.47. Ouchie ouchie ouch ouch
ParticipantClose at $5.47. Ouchie ouchie ouch ouch
ParticipantClose at $5.47. Ouchie ouchie ouch ouch
ParticipantClose at $5.47. Ouchie ouchie ouch ouch
ParticipantHahaha right on.
Leash laws apply to cats, too. You trap ’em, you can do whatever you want. Within reason. Take them down to county animal control and make the owners pay a few bucks to pick them up. No one has to find out it was you that did it.
As for Marion, she just needs some lovin’.
ParticipantHahaha right on.
Leash laws apply to cats, too. You trap ’em, you can do whatever you want. Within reason. Take them down to county animal control and make the owners pay a few bucks to pick them up. No one has to find out it was you that did it.
As for Marion, she just needs some lovin’.
ParticipantHahaha right on.
Leash laws apply to cats, too. You trap ’em, you can do whatever you want. Within reason. Take them down to county animal control and make the owners pay a few bucks to pick them up. No one has to find out it was you that did it.
As for Marion, she just needs some lovin’.
ParticipantHahaha right on.
Leash laws apply to cats, too. You trap ’em, you can do whatever you want. Within reason. Take them down to county animal control and make the owners pay a few bucks to pick them up. No one has to find out it was you that did it.
As for Marion, she just needs some lovin’.
ParticipantHahaha right on.
Leash laws apply to cats, too. You trap ’em, you can do whatever you want. Within reason. Take them down to county animal control and make the owners pay a few bucks to pick them up. No one has to find out it was you that did it.
As for Marion, she just needs some lovin’.
ParticipantI wonder whether the banks’ SEC filings have that sort of data in them.
The original Bloomberg article citing ~17M houses vacant – well, I doubt there are all that many non bank owned vacant houses. Completed builder inventory is another possible contributing category.
Anecdotal reports that Indymac cannot hold inventory are meaningless. Judging by offered CD rates, Indymac is more desperate for cash than most. We should be grateful, though; banks like Indymac will help the market move to reality that much faster.
ParticipantI wonder whether the banks’ SEC filings have that sort of data in them.
The original Bloomberg article citing ~17M houses vacant – well, I doubt there are all that many non bank owned vacant houses. Completed builder inventory is another possible contributing category.
Anecdotal reports that Indymac cannot hold inventory are meaningless. Judging by offered CD rates, Indymac is more desperate for cash than most. We should be grateful, though; banks like Indymac will help the market move to reality that much faster.
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