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Mean Reversion
ParticipantI am shopping in the $1.5M to $2M range of CA, and I have already seen 2 beautiful new homes built in 2005 being foreclosed upon that have been stripped of their high end appliances. One was also stripped of its kitchen cabinets.
One would’ve thought that this only happens in the shittiest of places and homes, but this was a gated community for crying out loud!
ParticipantI am shopping in the $1.5M to $2M range of CA, and I have already seen 2 beautiful new homes built in 2005 being foreclosed upon that have been stripped of their high end appliances. One was also stripped of its kitchen cabinets.
One would’ve thought that this only happens in the shittiest of places and homes, but this was a gated community for crying out loud!
ParticipantI am shopping in the $1.5M to $2M range of CA, and I have already seen 2 beautiful new homes built in 2005 being foreclosed upon that have been stripped of their high end appliances. One was also stripped of its kitchen cabinets.
One would’ve thought that this only happens in the shittiest of places and homes, but this was a gated community for crying out loud!
ParticipantI am shopping in the $1.5M to $2M range of CA, and I have already seen 2 beautiful new homes built in 2005 being foreclosed upon that have been stripped of their high end appliances. One was also stripped of its kitchen cabinets.
One would’ve thought that this only happens in the shittiest of places and homes, but this was a gated community for crying out loud!
ParticipantI believe the next area of the credit sector to implode will likely be Alt-A…
If you follow the credit markets, it is already pretty well known that the meltdown has affected Alt-A and beyond, not just subprime.
Witness Thornburg Mortgage (TMA) which supposedly had no direct exposure to subprime mortgages.
ParticipantI believe the next area of the credit sector to implode will likely be Alt-A…
If you follow the credit markets, it is already pretty well known that the meltdown has affected Alt-A and beyond, not just subprime.
Witness Thornburg Mortgage (TMA) which supposedly had no direct exposure to subprime mortgages.
ParticipantI believe the next area of the credit sector to implode will likely be Alt-A…
If you follow the credit markets, it is already pretty well known that the meltdown has affected Alt-A and beyond, not just subprime.
Witness Thornburg Mortgage (TMA) which supposedly had no direct exposure to subprime mortgages.
ParticipantI believe the next area of the credit sector to implode will likely be Alt-A…
If you follow the credit markets, it is already pretty well known that the meltdown has affected Alt-A and beyond, not just subprime.
Witness Thornburg Mortgage (TMA) which supposedly had no direct exposure to subprime mortgages.
ParticipantI believe the next area of the credit sector to implode will likely be Alt-A…
If you follow the credit markets, it is already pretty well known that the meltdown has affected Alt-A and beyond, not just subprime.
Witness Thornburg Mortgage (TMA) which supposedly had no direct exposure to subprime mortgages.
ParticipantEither way, I don’t believe it’s possible to escape debt. One way or another it will be paid in full. The question is, who is going to pay it.
It will be paid in full. But the value may not be the same.
To cite an extreme example and make a point. During the hyperinflation of the Weimar Republic in Germany 1923, if you would have loaned out money for someone to buy a car before the hyperinflation, when he later paid you back, those same Marks would only buy you a carton of eggs.
ParticipantEither way, I don’t believe it’s possible to escape debt. One way or another it will be paid in full. The question is, who is going to pay it.
It will be paid in full. But the value may not be the same.
To cite an extreme example and make a point. During the hyperinflation of the Weimar Republic in Germany 1923, if you would have loaned out money for someone to buy a car before the hyperinflation, when he later paid you back, those same Marks would only buy you a carton of eggs.
ParticipantEither way, I don’t believe it’s possible to escape debt. One way or another it will be paid in full. The question is, who is going to pay it.
It will be paid in full. But the value may not be the same.
To cite an extreme example and make a point. During the hyperinflation of the Weimar Republic in Germany 1923, if you would have loaned out money for someone to buy a car before the hyperinflation, when he later paid you back, those same Marks would only buy you a carton of eggs.
ParticipantEither way, I don’t believe it’s possible to escape debt. One way or another it will be paid in full. The question is, who is going to pay it.
It will be paid in full. But the value may not be the same.
To cite an extreme example and make a point. During the hyperinflation of the Weimar Republic in Germany 1923, if you would have loaned out money for someone to buy a car before the hyperinflation, when he later paid you back, those same Marks would only buy you a carton of eggs.
ParticipantEither way, I don’t believe it’s possible to escape debt. One way or another it will be paid in full. The question is, who is going to pay it.
It will be paid in full. But the value may not be the same.
To cite an extreme example and make a point. During the hyperinflation of the Weimar Republic in Germany 1923, if you would have loaned out money for someone to buy a car before the hyperinflation, when he later paid you back, those same Marks would only buy you a carton of eggs.
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