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lnilesParticipant
What does it mean they “pumped in” more money? Are they printing more is all? WTF would this help?
lnilesParticipantWhat does it mean they “pumped in” more money? Are they printing more is all? WTF would this help?
lnilesParticipantWe must have the same travel agent! I went to some of those poverty-stricken regions as part of a group which builds schools in poor areas. Check out my short vid:
I also made a vid in Taiwan:
lnilesParticipantWe must have the same travel agent! I went to some of those poverty-stricken regions as part of a group which builds schools in poor areas. Check out my short vid:
I also made a vid in Taiwan:
lnilesParticipantWe must have the same travel agent! I went to some of those poverty-stricken regions as part of a group which builds schools in poor areas. Check out my short vid:
I also made a vid in Taiwan:
September 27, 2007 at 10:13 AM in reply to: “If you want to sell your house then you list it at the market price and you sell it,” he said. “If you don’t really want to sel #86099lnilesParticipantHow about selling at a small(ish) loss now vs. keeping a house and making monthly payments as the value goes down down down to a huge loss later? That’s what’s happening due to this speculative bubble.
lnilesParticipantAre those income numbers based on tax returns? If so, then the data is meaningless to me. My adjusted gross income after deductions is much lower than my non-adjusted gross. The people in Beverly Hills might have good accountants which makes their income on tax returns look much lower so they pay less taxes.
lnilesParticipantIf homebuyers default on their loans in great numbers, banks will collapse in great numbers. If banks collapse in great numbers, we are in another great depression and that’s what the fed is scared of. This bailout is of the banks, not of the homebuyers. I think it’s simple and obvious.
lnilesParticipantBloomberg has a good economic calendar:
http://www.bloomberg.com/markets/ecalendar/index.html
So does briefing.com:
http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm
lnilesParticipantTime to short?
lnilesParticipantWill this affect the October ARM resets on existing mortgages?
lnilesParticipantThe only reason I’m still here is because I’m entrenched. I’ve kept busy and made many social and business contacts here. It has nothing to do with SD but my own busy lifestyle. I’ve been here for 16 years now and am comfortable with it.
I would definitely not call SD “great”. It’s got location, weather, and a bunch of citizens who like to take it in the A by believing the media and local govt. mass hype/deception about how great it is. It’s no wonder we have one of the biggest bubble markets. It’s also this I-like-to-take-it-in-the-A attitude of SD people that makes it so great to do business here. Lots of ripe, rampant consumers who will buy whatever you want to sell them.
lnilesParticipantLostkitty, if you buy a summer condo what will you do with it during the winter? I have a condo and am considering buying a house out East (maybe Georgia) but keeping the condo here. I can’t imagine being able to rent it only for the winter though, it would be a major inconvenience to the renter and myself moving in/out every year but at the same time it would be a waste to let it sit empty.
Any thoughts on Georgia? I’m thinking somewhere between Macon and the Atlantic.
September 17, 2007 at 10:37 AM in reply to: Everything is fine in the real estate market video #84817lnilesParticipantI thought he was going to start singing “Chocolate Rain”.
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