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May 2, 2008 at 6:02 PM in reply to: financialpetition.org – warnings and solution whitepaper #198226May 2, 2008 at 6:02 PM in reply to: financialpetition.org – warnings and solution whitepaper #198188luParticipant
Here is an earlier letter from the author to the president:
May 2, 2008 at 6:02 PM in reply to: financialpetition.org – warnings and solution whitepaper #198164luParticipantHere is an earlier letter from the author to the president:
May 2, 2008 at 6:02 PM in reply to: financialpetition.org – warnings and solution whitepaper #198137luParticipantHere is an earlier letter from the author to the president:
May 2, 2008 at 6:02 PM in reply to: financialpetition.org – warnings and solution whitepaper #198099luParticipantHere is an earlier letter from the author to the president:
October 29, 2007 at 11:04 PM in reply to: North County coastal prices — will they ever decline? #93181luParticipantJWM — I agree with you. I’m renting a place just down the street. My apartment also has a panoramic ocean view and a large garage (albeit detached). It costs me just $2200 per month; that’s a much better deal than the mortgage on $1.4M. π
I’m just curious what other people thought about this listing, and prices in North County Coastal areas in general.
– Lu
quote:
———–
| No, they are not immune, you just need to adjust your timeframe
| by several years is all. Just rent, what’s the big deal about buying
| right now?
———–October 29, 2007 at 11:04 PM in reply to: North County coastal prices — will they ever decline? #93169luParticipantJWM — I agree with you. I’m renting a place just down the street. My apartment also has a panoramic ocean view and a large garage (albeit detached). It costs me just $2200 per month; that’s a much better deal than the mortgage on $1.4M. π
I’m just curious what other people thought about this listing, and prices in North County Coastal areas in general.
– Lu
quote:
———–
| No, they are not immune, you just need to adjust your timeframe
| by several years is all. Just rent, what’s the big deal about buying
| right now?
———–October 29, 2007 at 11:04 PM in reply to: North County coastal prices — will they ever decline? #93135luParticipantJWM — I agree with you. I’m renting a place just down the street. My apartment also has a panoramic ocean view and a large garage (albeit detached). It costs me just $2200 per month; that’s a much better deal than the mortgage on $1.4M. π
I’m just curious what other people thought about this listing, and prices in North County Coastal areas in general.
– Lu
quote:
———–
| No, they are not immune, you just need to adjust your timeframe
| by several years is all. Just rent, what’s the big deal about buying
| right now?
———–October 28, 2007 at 11:20 PM in reply to: North County coastal prices — will they ever decline? #92794luParticipantMore info — yes, it’s for sale at just under $1.4M.
1878 sqft
fee simple
attached 2-car garage
hdwd floors
3 story
panoramic ocean viewsOctober 28, 2007 at 11:20 PM in reply to: North County coastal prices — will they ever decline? #92781luParticipantMore info — yes, it’s for sale at just under $1.4M.
1878 sqft
fee simple
attached 2-car garage
hdwd floors
3 story
panoramic ocean viewsOctober 28, 2007 at 11:20 PM in reply to: North County coastal prices — will they ever decline? #92750luParticipantMore info — yes, it’s for sale at just under $1.4M.
1878 sqft
fee simple
attached 2-car garage
hdwd floors
3 story
panoramic ocean viewsluParticipant
First let me say, RENTING SUCKS!
I’m renting, and I don’t think it’s so bad. I live in Cardiff. My place is a good size 2 bed / 2 bath with nice cabinets, nice bathrooms, and crown molding. Sure, it has beige carpet and off-white walls, and it could use more closet space. But it also has a panoramic ocean view. My unit is the entire second story of a duplex with a large 2 car (unattached) garage. I am 4 blocks from the beach — and it’s a great surf spot. There is a fancy grocery store down the street, nice shops, restaurants, breakfast places, and of course, VG’s.
What does all this cost? $2200 per month. I think that’s a great deal.
Regarding Cardiff, it doesn’t seem like house prices have come down very much here, which is frustrating for sure, but that’s a topic for a different post.
– Lu
luParticipantHere is another author, Steven Doty, who is predicting a massive bust because of the 80 million baby boomers that will be retiring soon.
http://thecomingcrashonline.googlepages.com/home
His analysis is based on monte carlo simulations, which is the same technique professionals use to optimize portfolios (such as when applying modern portfolio theory).
His book and profile: http://stores.lulu.com/stevendoty
Thoughts?
luParticipantWell I just went ahead and created it. π
Click here to join the piggingtonians groupLet me know if anybody else wants to be a moderator. Also please DO let me know if this is a bad idea so I can delete the group. My yahoo username is ‘chuass’ (I know that sounds bad — that’s not how it’s pronounced; it’s a long story).
luParticipantI’m excited to meet the people on this board!
Should we create a yahoo group or something so that everyone can register and we can keep a calendar online, send group emails, etc.?
(instead of keeping track with all of these replies here — some people are starting to post their email addresses)
– Lu
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