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HLS
ParticipantIt’s going to be a rocky ride for many people for the forseeable future..
Regardless of the happy talk from mainstream media and the govt and stock market up days based on a single announcement, America has become an empire in decline. Sad but true.
An entire generation and a half know nothing about hard times or third world living conditions.
It will simply be survival of the fittest. Those with no income or savings will become dependant upon welfare. Many with great paying jobs may lose them and find no alternative at more than 50% of their previous income, if they can find a “job” at all….
Those who plan correctly will not have a problem, the masses may riot and revolt wanting the govt to save them.
Prepare for the worst and hope that it doesn’t happen.
Deflation is a downward spiral that feeds off itself as a result of fear. Inflation is easier to deal with.
Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
Millions of people are literally broke. Insolvent. Financial neutral. Taking a break.. Call it whatever you want, it isn’t pretty, and it’s getting uglier day by day…. HLS
ParticipantMM..
Excellent post.. Deflation… falling prices for goods and services, and rent and houses, etcIt becomes about survival. You have given an example of now selling a product @ $275 a month that you previously charged $800 a month for.
Is there an actual cost to YOU for this or were you just getting as much as the market would bear ?
Was it really worth $800 a month ??
The world is full of products and services that are HIGHLY overpriced, and it seems that only recently people are waking up to this fact.
If you were hungry for business, you might accept $100 a month if faced with the choice of $100 or $0
Japan is going on 20 years,,, America may be in for a big surprise….
http://news.bbc.co.uk/2/hi/business/7955931.stmParticipantMM..
Excellent post.. Deflation… falling prices for goods and services, and rent and houses, etcIt becomes about survival. You have given an example of now selling a product @ $275 a month that you previously charged $800 a month for.
Is there an actual cost to YOU for this or were you just getting as much as the market would bear ?
Was it really worth $800 a month ??
The world is full of products and services that are HIGHLY overpriced, and it seems that only recently people are waking up to this fact.
If you were hungry for business, you might accept $100 a month if faced with the choice of $100 or $0
Japan is going on 20 years,,, America may be in for a big surprise….
http://news.bbc.co.uk/2/hi/business/7955931.stmParticipantMM..
Excellent post.. Deflation… falling prices for goods and services, and rent and houses, etcIt becomes about survival. You have given an example of now selling a product @ $275 a month that you previously charged $800 a month for.
Is there an actual cost to YOU for this or were you just getting as much as the market would bear ?
Was it really worth $800 a month ??
The world is full of products and services that are HIGHLY overpriced, and it seems that only recently people are waking up to this fact.
If you were hungry for business, you might accept $100 a month if faced with the choice of $100 or $0
Japan is going on 20 years,,, America may be in for a big surprise….
http://news.bbc.co.uk/2/hi/business/7955931.stmParticipantMM..
Excellent post.. Deflation… falling prices for goods and services, and rent and houses, etcIt becomes about survival. You have given an example of now selling a product @ $275 a month that you previously charged $800 a month for.
Is there an actual cost to YOU for this or were you just getting as much as the market would bear ?
Was it really worth $800 a month ??
The world is full of products and services that are HIGHLY overpriced, and it seems that only recently people are waking up to this fact.
If you were hungry for business, you might accept $100 a month if faced with the choice of $100 or $0
Japan is going on 20 years,,, America may be in for a big surprise….
http://news.bbc.co.uk/2/hi/business/7955931.stmParticipantMM..
Excellent post.. Deflation… falling prices for goods and services, and rent and houses, etcIt becomes about survival. You have given an example of now selling a product @ $275 a month that you previously charged $800 a month for.
Is there an actual cost to YOU for this or were you just getting as much as the market would bear ?
Was it really worth $800 a month ??
The world is full of products and services that are HIGHLY overpriced, and it seems that only recently people are waking up to this fact.
If you were hungry for business, you might accept $100 a month if faced with the choice of $100 or $0
Japan is going on 20 years,,, America may be in for a big surprise….
http://news.bbc.co.uk/2/hi/business/7955931.stmMarch 26, 2009 at 2:28 PM in reply to: How do lenders deal with houses with un-permitted additions #373347ParticipantDr Boom,,, BZZT right back at you.
What do you think that “current supply and demand is” ??I don’t know where you fall into the mix, are you in the mortgage/real estate/appraisal business ?
Reporting what previous transactions were is exactly how valuations are done in both a rising and falling market.
What you call a “clear violation” is them doing their job… BZZZT BZZZT
March 26, 2009 at 2:28 PM in reply to: How do lenders deal with houses with un-permitted additions #373628ParticipantDr Boom,,, BZZT right back at you.
What do you think that “current supply and demand is” ??I don’t know where you fall into the mix, are you in the mortgage/real estate/appraisal business ?
Reporting what previous transactions were is exactly how valuations are done in both a rising and falling market.
What you call a “clear violation” is them doing their job… BZZZT BZZZT
March 26, 2009 at 2:28 PM in reply to: How do lenders deal with houses with un-permitted additions #373801ParticipantDr Boom,,, BZZT right back at you.
What do you think that “current supply and demand is” ??I don’t know where you fall into the mix, are you in the mortgage/real estate/appraisal business ?
Reporting what previous transactions were is exactly how valuations are done in both a rising and falling market.
What you call a “clear violation” is them doing their job… BZZZT BZZZT
March 26, 2009 at 2:28 PM in reply to: How do lenders deal with houses with un-permitted additions #373844ParticipantDr Boom,,, BZZT right back at you.
What do you think that “current supply and demand is” ??I don’t know where you fall into the mix, are you in the mortgage/real estate/appraisal business ?
Reporting what previous transactions were is exactly how valuations are done in both a rising and falling market.
What you call a “clear violation” is them doing their job… BZZZT BZZZT
March 26, 2009 at 2:28 PM in reply to: How do lenders deal with houses with un-permitted additions #373962ParticipantDr Boom,,, BZZT right back at you.
What do you think that “current supply and demand is” ??I don’t know where you fall into the mix, are you in the mortgage/real estate/appraisal business ?
Reporting what previous transactions were is exactly how valuations are done in both a rising and falling market.
What you call a “clear violation” is them doing their job… BZZZT BZZZT
March 26, 2009 at 1:02 PM in reply to: How do lenders deal with houses with un-permitted additions #373312ParticipantYour anger is justified, but misplaced.
An appraisers job isn’t to give their opinion about a shack in da hood, it’s to report what the previous fool paid.An honest appraiser bears NO responsibility in this mess.
The govt allowed this to happen. Sales people were doing their jobs, many of them simply believing that they were doing the right thing.
Clueless sheep who BELIEVED that the rising prices
were valid.Face it, many people are overpaid for what they do.
Until something like this blows up, people just think that they are “worth” what they are paid.
They are screwing their customers in exchange for a part of the profits.People who sell cars, paper, equipment, real estate, or anything else are usually trying to sell as much as they can to make their commissions, with no regard of what benefit it is to the buyer.
There is such a thing as adding value to someones life, which is what I attempt to do. Many people are simply stubborn and ignorant and aren’t going to change.
Welcome to uneducated America.
Check out this video, it’s edited. The UNedited version is available on YOUTUBE… http://www.youtube.com/watch?v=fsDuL4jTkz0March 26, 2009 at 1:02 PM in reply to: How do lenders deal with houses with un-permitted additions #373592ParticipantYour anger is justified, but misplaced.
An appraisers job isn’t to give their opinion about a shack in da hood, it’s to report what the previous fool paid.An honest appraiser bears NO responsibility in this mess.
The govt allowed this to happen. Sales people were doing their jobs, many of them simply believing that they were doing the right thing.
Clueless sheep who BELIEVED that the rising prices
were valid.Face it, many people are overpaid for what they do.
Until something like this blows up, people just think that they are “worth” what they are paid.
They are screwing their customers in exchange for a part of the profits.People who sell cars, paper, equipment, real estate, or anything else are usually trying to sell as much as they can to make their commissions, with no regard of what benefit it is to the buyer.
There is such a thing as adding value to someones life, which is what I attempt to do. Many people are simply stubborn and ignorant and aren’t going to change.
Welcome to uneducated America.
Check out this video, it’s edited. The UNedited version is available on YOUTUBE… http://www.youtube.com/watch?v=fsDuL4jTkz0March 26, 2009 at 1:02 PM in reply to: How do lenders deal with houses with un-permitted additions #373767ParticipantYour anger is justified, but misplaced.
An appraisers job isn’t to give their opinion about a shack in da hood, it’s to report what the previous fool paid.An honest appraiser bears NO responsibility in this mess.
The govt allowed this to happen. Sales people were doing their jobs, many of them simply believing that they were doing the right thing.
Clueless sheep who BELIEVED that the rising prices
were valid.Face it, many people are overpaid for what they do.
Until something like this blows up, people just think that they are “worth” what they are paid.
They are screwing their customers in exchange for a part of the profits.People who sell cars, paper, equipment, real estate, or anything else are usually trying to sell as much as they can to make their commissions, with no regard of what benefit it is to the buyer.
There is such a thing as adding value to someones life, which is what I attempt to do. Many people are simply stubborn and ignorant and aren’t going to change.
Welcome to uneducated America.
Check out this video, it’s edited. The UNedited version is available on YOUTUBE… http://www.youtube.com/watch?v=fsDuL4jTkz0 -
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