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KIBUParticipant
Thank you Raptorduck for your inputs. The concepts you expressed above are very helpful for me. I will definitely use these concepts on my house search. We will still be waiting though for the more affordability in price. At the moment I think the market is only starting to move down. IMO, the psychology of the sellers are still mixed, the psychology of the housing market is still distracted with frequent Ben and Bush’s tool box until, I guess, they run out of tools. Waiting has its risks, IMHO, such as risk of high inflation or the small chance of monetary collapse. I suspect that this government wants intentional and controlled moderate-high inflation to decrease the overall debt burden. Monetary inflation may meet housing deflation at some point and I am not sure 100% that at that point it will be concluded that I made a correct decision to wait since 2003 compared to my friends. Still, I think my chance to be right for continue waiting maybe at around 70%. Anyway, reading all your long posts, I can’t help but wanted to remind you to not to give out too much private info in the general hacking world.
KIBUParticipantThank you Raptorduck for your inputs. The concepts you expressed above are very helpful for me. I will definitely use these concepts on my house search. We will still be waiting though for the more affordability in price. At the moment I think the market is only starting to move down. IMO, the psychology of the sellers are still mixed, the psychology of the housing market is still distracted with frequent Ben and Bush’s tool box until, I guess, they run out of tools. Waiting has its risks, IMHO, such as risk of high inflation or the small chance of monetary collapse. I suspect that this government wants intentional and controlled moderate-high inflation to decrease the overall debt burden. Monetary inflation may meet housing deflation at some point and I am not sure 100% that at that point it will be concluded that I made a correct decision to wait since 2003 compared to my friends. Still, I think my chance to be right for continue waiting maybe at around 70%. Anyway, reading all your long posts, I can’t help but wanted to remind you to not to give out too much private info in the general hacking world.
KIBUParticipantThank you Raptorduck for your inputs. The concepts you expressed above are very helpful for me. I will definitely use these concepts on my house search. We will still be waiting though for the more affordability in price. At the moment I think the market is only starting to move down. IMO, the psychology of the sellers are still mixed, the psychology of the housing market is still distracted with frequent Ben and Bush’s tool box until, I guess, they run out of tools. Waiting has its risks, IMHO, such as risk of high inflation or the small chance of monetary collapse. I suspect that this government wants intentional and controlled moderate-high inflation to decrease the overall debt burden. Monetary inflation may meet housing deflation at some point and I am not sure 100% that at that point it will be concluded that I made a correct decision to wait since 2003 compared to my friends. Still, I think my chance to be right for continue waiting maybe at around 70%. Anyway, reading all your long posts, I can’t help but wanted to remind you to not to give out too much private info in the general hacking world.
KIBUParticipantThank you Raptorduck for your inputs. The concepts you expressed above are very helpful for me. I will definitely use these concepts on my house search. We will still be waiting though for the more affordability in price. At the moment I think the market is only starting to move down. IMO, the psychology of the sellers are still mixed, the psychology of the housing market is still distracted with frequent Ben and Bush’s tool box until, I guess, they run out of tools. Waiting has its risks, IMHO, such as risk of high inflation or the small chance of monetary collapse. I suspect that this government wants intentional and controlled moderate-high inflation to decrease the overall debt burden. Monetary inflation may meet housing deflation at some point and I am not sure 100% that at that point it will be concluded that I made a correct decision to wait since 2003 compared to my friends. Still, I think my chance to be right for continue waiting maybe at around 70%. Anyway, reading all your long posts, I can’t help but wanted to remind you to not to give out too much private info in the general hacking world.
KIBUParticipantRaptorduck, I read your 3 posts and absolutely like your approach. I think that process would give the most information to make the informed decision. You are so patient, I can’t imagine me looking at that many homes and still not hooked already. I am still early in the process and my offers are one zero less. Anyway, if I leave my email address here, could you share with me a sample letter of what one would write? (minus any personal info of course) I already learn from the points above but I will be happy to know the words/terms I would use in the letter. My email address is [email protected]. Thank you.
KIBUParticipantRaptorduck, I read your 3 posts and absolutely like your approach. I think that process would give the most information to make the informed decision. You are so patient, I can’t imagine me looking at that many homes and still not hooked already. I am still early in the process and my offers are one zero less. Anyway, if I leave my email address here, could you share with me a sample letter of what one would write? (minus any personal info of course) I already learn from the points above but I will be happy to know the words/terms I would use in the letter. My email address is [email protected]. Thank you.
KIBUParticipantRaptorduck, I read your 3 posts and absolutely like your approach. I think that process would give the most information to make the informed decision. You are so patient, I can’t imagine me looking at that many homes and still not hooked already. I am still early in the process and my offers are one zero less. Anyway, if I leave my email address here, could you share with me a sample letter of what one would write? (minus any personal info of course) I already learn from the points above but I will be happy to know the words/terms I would use in the letter. My email address is [email protected]. Thank you.
KIBUParticipantRaptorduck, I read your 3 posts and absolutely like your approach. I think that process would give the most information to make the informed decision. You are so patient, I can’t imagine me looking at that many homes and still not hooked already. I am still early in the process and my offers are one zero less. Anyway, if I leave my email address here, could you share with me a sample letter of what one would write? (minus any personal info of course) I already learn from the points above but I will be happy to know the words/terms I would use in the letter. My email address is [email protected]. Thank you.
KIBUParticipantRaptorduck, I read your 3 posts and absolutely like your approach. I think that process would give the most information to make the informed decision. You are so patient, I can’t imagine me looking at that many homes and still not hooked already. I am still early in the process and my offers are one zero less. Anyway, if I leave my email address here, could you share with me a sample letter of what one would write? (minus any personal info of course) I already learn from the points above but I will be happy to know the words/terms I would use in the letter. My email address is [email protected]. Thank you.
KIBUParticipantIn 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.
You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.
Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.
However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…
KIBUParticipantIn 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.
You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.
Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.
However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…
KIBUParticipantIn 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.
You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.
Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.
However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…
KIBUParticipantIn 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.
You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.
Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.
However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…
KIBUParticipantIn 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.
You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.
Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.
However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…
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