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June 1, 2011 at 7:46 PM in reply to: Excellent summation why housing market will be terrible for a long time #701250June 1, 2011 at 7:46 PM in reply to: Excellent summation why housing market will be terrible for a long time #701400
moneymaker
ParticipantThe economy is not as difficult to predict as the governments policy/tampering. I agree with walterwhite that inflation eventually is inevitable, the question is when! It really bothers me when people associate one event with another when there is no clear relationship. Just read on Bloomberg “oil prices down because of lower hiring” what!? How does a worldwide commodity like oil have anything to do with local/national labor/unemployment? Unemployment is our nations greatest problem and it seems to me like the government wants the private sector to take care of it through cheap money, well it ain’t gonna work in my opinion,never really believed in the trickle down theory. That’s why the rich get richer and the poor get poorer.
June 1, 2011 at 7:46 PM in reply to: Excellent summation why housing market will be terrible for a long time #701757ParticipantThe economy is not as difficult to predict as the governments policy/tampering. I agree with walterwhite that inflation eventually is inevitable, the question is when! It really bothers me when people associate one event with another when there is no clear relationship. Just read on Bloomberg “oil prices down because of lower hiring” what!? How does a worldwide commodity like oil have anything to do with local/national labor/unemployment? Unemployment is our nations greatest problem and it seems to me like the government wants the private sector to take care of it through cheap money, well it ain’t gonna work in my opinion,never really believed in the trickle down theory. That’s why the rich get richer and the poor get poorer.
ParticipantJust had to jump in and say I doubt every landlord has a business license. I made a u-turn in front of a bunch of apartments today, did I break the law? Ok maybe it was a 3 point turn.
ParticipantJust had to jump in and say I doubt every landlord has a business license. I made a u-turn in front of a bunch of apartments today, did I break the law? Ok maybe it was a 3 point turn.
ParticipantJust had to jump in and say I doubt every landlord has a business license. I made a u-turn in front of a bunch of apartments today, did I break the law? Ok maybe it was a 3 point turn.
ParticipantJust had to jump in and say I doubt every landlord has a business license. I made a u-turn in front of a bunch of apartments today, did I break the law? Ok maybe it was a 3 point turn.
ParticipantJust had to jump in and say I doubt every landlord has a business license. I made a u-turn in front of a bunch of apartments today, did I break the law? Ok maybe it was a 3 point turn.
May 31, 2011 at 8:57 PM in reply to: Excellent summation why housing market will be terrible for a long time #700261ParticipantOk let’s say person A recently bought a house that is now worth half of what they paid. For the same mortgage that they are paying now they can go out and buy a house that is twice as good as their present one. Would anyone blame person A for letting their present house go in favor of buying a better one at the same price? My only question is how does person A go about convincing the bank that they are a good risk when it might be obvious what they are planning to do and can an investor afford to take the credit hit in favor of making the “right call” of cutting losses.
May 31, 2011 at 8:57 PM in reply to: Excellent summation why housing market will be terrible for a long time #700359ParticipantOk let’s say person A recently bought a house that is now worth half of what they paid. For the same mortgage that they are paying now they can go out and buy a house that is twice as good as their present one. Would anyone blame person A for letting their present house go in favor of buying a better one at the same price? My only question is how does person A go about convincing the bank that they are a good risk when it might be obvious what they are planning to do and can an investor afford to take the credit hit in favor of making the “right call” of cutting losses.
May 31, 2011 at 8:57 PM in reply to: Excellent summation why housing market will be terrible for a long time #700947ParticipantOk let’s say person A recently bought a house that is now worth half of what they paid. For the same mortgage that they are paying now they can go out and buy a house that is twice as good as their present one. Would anyone blame person A for letting their present house go in favor of buying a better one at the same price? My only question is how does person A go about convincing the bank that they are a good risk when it might be obvious what they are planning to do and can an investor afford to take the credit hit in favor of making the “right call” of cutting losses.
May 31, 2011 at 8:57 PM in reply to: Excellent summation why housing market will be terrible for a long time #701095ParticipantOk let’s say person A recently bought a house that is now worth half of what they paid. For the same mortgage that they are paying now they can go out and buy a house that is twice as good as their present one. Would anyone blame person A for letting their present house go in favor of buying a better one at the same price? My only question is how does person A go about convincing the bank that they are a good risk when it might be obvious what they are planning to do and can an investor afford to take the credit hit in favor of making the “right call” of cutting losses.
May 31, 2011 at 8:57 PM in reply to: Excellent summation why housing market will be terrible for a long time #701454ParticipantOk let’s say person A recently bought a house that is now worth half of what they paid. For the same mortgage that they are paying now they can go out and buy a house that is twice as good as their present one. Would anyone blame person A for letting their present house go in favor of buying a better one at the same price? My only question is how does person A go about convincing the bank that they are a good risk when it might be obvious what they are planning to do and can an investor afford to take the credit hit in favor of making the “right call” of cutting losses.
ParticipantHodad’s now has a joint @ 10th and Broadway downtown. Haven’t been there myself but the only thing it would seem to have in common with the OB establishment is homeless people galore outside. I will go in and try it someday just to say I did.
ParticipantHodad’s now has a joint @ 10th and Broadway downtown. Haven’t been there myself but the only thing it would seem to have in common with the OB establishment is homeless people galore outside. I will go in and try it someday just to say I did.
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