[Navydoc]

I can’t believe what a huge deal this proposition was in this election. I have to admit, I couldn’t possibly care less if gay people get married, and I also don’t care if they teach it to my daughter in school.

I voted No for this, but I almost filled in the Yes oval. Want to know why? It was that ad featuring the Gavin Newsom speech where he said “This door’s open now! It’s gonna happen, WHETHER YOU LIKE IT OR NOT!”. I have a real problem with an elected official telling me I going to get something whether I like it or not.

In the end I decided not to punish a whole class of people due to one politician’s arrogance and stupidity, but I believe Mayor Newsom bears a big part of the responsibility as to why this proposition passed.

[Navydoc]

I can’t believe what a huge deal this proposition was in this election. I have to admit, I couldn’t possibly care less if gay people get married, and I also don’t care if they teach it to my daughter in school.

I voted No for this, but I almost filled in the Yes oval. Want to know why? It was that ad featuring the Gavin Newsom speech where he said “This door’s open now! It’s gonna happen, WHETHER YOU LIKE IT OR NOT!”. I have a real problem with an elected official telling me I going to get something whether I like it or not.

In the end I decided not to punish a whole class of people due to one politician’s arrogance and stupidity, but I believe Mayor Newsom bears a big part of the responsibility as to why this proposition passed.

[Navydoc]

I can’t believe what a huge deal this proposition was in this election. I have to admit, I couldn’t possibly care less if gay people get married, and I also don’t care if they teach it to my daughter in school.

I voted No for this, but I almost filled in the Yes oval. Want to know why? It was that ad featuring the Gavin Newsom speech where he said “This door’s open now! It’s gonna happen, WHETHER YOU LIKE IT OR NOT!”. I have a real problem with an elected official telling me I going to get something whether I like it or not.

In the end I decided not to punish a whole class of people due to one politician’s arrogance and stupidity, but I believe Mayor Newsom bears a big part of the responsibility as to why this proposition passed.

[Navydoc]

I can’t believe what a huge deal this proposition was in this election. I have to admit, I couldn’t possibly care less if gay people get married, and I also don’t care if they teach it to my daughter in school.

I voted No for this, but I almost filled in the Yes oval. Want to know why? It was that ad featuring the Gavin Newsom speech where he said “This door’s open now! It’s gonna happen, WHETHER YOU LIKE IT OR NOT!”. I have a real problem with an elected official telling me I going to get something whether I like it or not.

In the end I decided not to punish a whole class of people due to one politician’s arrogance and stupidity, but I believe Mayor Newsom bears a big part of the responsibility as to why this proposition passed.

[Navydoc]

I think the potentially greatest flaw in your proposal is the huge discrepancy between what most people are actually able to afford, using traditional lending guidelines, compared to what they bought. During the bubble borrowing 10x or more of your actual income was common. I know of many people making a combined family income of $100,000 that bought million+ dollar homes. I don’t think the banks are going to be willing to sell those houses for $300,001. If so, sign me right up!

This is why I can’t stand the current political rhetoric going around about stopping home depreciation. We NEED affordability back, and dammit we’re going to get it!

[Navydoc]

I think the potentially greatest flaw in your proposal is the huge discrepancy between what most people are actually able to afford, using traditional lending guidelines, compared to what they bought. During the bubble borrowing 10x or more of your actual income was common. I know of many people making a combined family income of $100,000 that bought million+ dollar homes. I don’t think the banks are going to be willing to sell those houses for $300,001. If so, sign me right up!

This is why I can’t stand the current political rhetoric going around about stopping home depreciation. We NEED affordability back, and dammit we’re going to get it!

[Navydoc]

I think the potentially greatest flaw in your proposal is the huge discrepancy between what most people are actually able to afford, using traditional lending guidelines, compared to what they bought. During the bubble borrowing 10x or more of your actual income was common. I know of many people making a combined family income of $100,000 that bought million+ dollar homes. I don’t think the banks are going to be willing to sell those houses for $300,001. If so, sign me right up!

This is why I can’t stand the current political rhetoric going around about stopping home depreciation. We NEED affordability back, and dammit we’re going to get it!

[Navydoc]

I think the potentially greatest flaw in your proposal is the huge discrepancy between what most people are actually able to afford, using traditional lending guidelines, compared to what they bought. During the bubble borrowing 10x or more of your actual income was common. I know of many people making a combined family income of $100,000 that bought million+ dollar homes. I don’t think the banks are going to be willing to sell those houses for $300,001. If so, sign me right up!

This is why I can’t stand the current political rhetoric going around about stopping home depreciation. We NEED affordability back, and dammit we’re going to get it!

[Navydoc]

I think the potentially greatest flaw in your proposal is the huge discrepancy between what most people are actually able to afford, using traditional lending guidelines, compared to what they bought. During the bubble borrowing 10x or more of your actual income was common. I know of many people making a combined family income of $100,000 that bought million+ dollar homes. I don’t think the banks are going to be willing to sell those houses for $300,001. If so, sign me right up!

This is why I can’t stand the current political rhetoric going around about stopping home depreciation. We NEED affordability back, and dammit we’re going to get it!

[Navydoc]

They completely cover moving costs, but won’t cover losses on a house, but something may be the works for that.

As for me, I’m currently at a civilian hospital for fellowship (Harbor UCLA). When I’m finished next Summer there is only 4 places they can send me, SD, Bethesda, Portsmouth or Okinawa. Because cross-country moves are so expensive we’re “encouraged” to seek training sites near where we want to go, so I chose Harbor. Unfortunately the needs of the Navy sometimes trump logic. My detailer has told me that there is someone at Bethesda who is eligible for retirement in Nov 09. If she gets out I go there, if she stays in I go to SD. It’s a bit frustrating having your career dependent upon someone else’s decision, but that is the reality of a military career, medical or otherwise.

[Navydoc]

They completely cover moving costs, but won’t cover losses on a house, but something may be the works for that.

As for me, I’m currently at a civilian hospital for fellowship (Harbor UCLA). When I’m finished next Summer there is only 4 places they can send me, SD, Bethesda, Portsmouth or Okinawa. Because cross-country moves are so expensive we’re “encouraged” to seek training sites near where we want to go, so I chose Harbor. Unfortunately the needs of the Navy sometimes trump logic. My detailer has told me that there is someone at Bethesda who is eligible for retirement in Nov 09. If she gets out I go there, if she stays in I go to SD. It’s a bit frustrating having your career dependent upon someone else’s decision, but that is the reality of a military career, medical or otherwise.

[Navydoc]

They completely cover moving costs, but won’t cover losses on a house, but something may be the works for that.

As for me, I’m currently at a civilian hospital for fellowship (Harbor UCLA). When I’m finished next Summer there is only 4 places they can send me, SD, Bethesda, Portsmouth or Okinawa. Because cross-country moves are so expensive we’re “encouraged” to seek training sites near where we want to go, so I chose Harbor. Unfortunately the needs of the Navy sometimes trump logic. My detailer has told me that there is someone at Bethesda who is eligible for retirement in Nov 09. If she gets out I go there, if she stays in I go to SD. It’s a bit frustrating having your career dependent upon someone else’s decision, but that is the reality of a military career, medical or otherwise.

[Navydoc]

They completely cover moving costs, but won’t cover losses on a house, but something may be the works for that.

As for me, I’m currently at a civilian hospital for fellowship (Harbor UCLA). When I’m finished next Summer there is only 4 places they can send me, SD, Bethesda, Portsmouth or Okinawa. Because cross-country moves are so expensive we’re “encouraged” to seek training sites near where we want to go, so I chose Harbor. Unfortunately the needs of the Navy sometimes trump logic. My detailer has told me that there is someone at Bethesda who is eligible for retirement in Nov 09. If she gets out I go there, if she stays in I go to SD. It’s a bit frustrating having your career dependent upon someone else’s decision, but that is the reality of a military career, medical or otherwise.

[Navydoc]

They completely cover moving costs, but won’t cover losses on a house, but something may be the works for that.

As for me, I’m currently at a civilian hospital for fellowship (Harbor UCLA). When I’m finished next Summer there is only 4 places they can send me, SD, Bethesda, Portsmouth or Okinawa. Because cross-country moves are so expensive we’re “encouraged” to seek training sites near where we want to go, so I chose Harbor. Unfortunately the needs of the Navy sometimes trump logic. My detailer has told me that there is someone at Bethesda who is eligible for retirement in Nov 09. If she gets out I go there, if she stays in I go to SD. It’s a bit frustrating having your career dependent upon someone else’s decision, but that is the reality of a military career, medical or otherwise.

[Navydoc]

I saw this this morning and was planning on posting it here myself. Interesting thing happened while I was looking at it. I had it up on a computer in a conference room during an OB clinic, approximately 6 people in the room, 1 Nurse Practitioner, 2 RN’s, a Nurse Practitioner student and a couple of Medical Assistants. When I commented on it one of the RN’s said “God, they have to do something to stop these foreclosures!” It was then that I realized we are still deep in the denial phase of this correction. I calmly explained to those in the room that no, that’s the worst thing we could do, as it would just prolong the pain and house prices would remain artificially high. I asked those present what they thought the median income was, and when they answered I explained the multiple of 3 rule for a safe mortgage. The Nurse Practitioner said ” no way will we see $200-300K medians again”.

Kool aid still flowing freely in South Bay LA. I guess this explains why there has been so little price reduction lately. And is it my imagination, or has there been a huge increase in the number of houses removed from the market the past few weeks? Are these pending foerclosures/REO’s?

At least for me and my wife, unless there are some massive price reductions this Winter, I think we’ll put off buying for a while. Rentals on Craigs List seem to be proliferating. There is also a lingering possibility I will get shipped off to Bethesda next Summer. Will likely still be circling for a bit.

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