[Navydoc]

I was the shill-bidding poster. Glad it helped. Just goes to show one of the many ways this forum can protect your finances!

[Navydoc]

I was the shill-bidding poster. Glad it helped. Just goes to show one of the many ways this forum can protect your finances!

[Navydoc]

I was the shill-bidding poster. Glad it helped. Just goes to show one of the many ways this forum can protect your finances!

[Navydoc]

I was the shill-bidding poster. Glad it helped. Just goes to show one of the many ways this forum can protect your finances!

[Navydoc]

I’m surprised noone has suggested this before- introduce her to this forum! After I found this site I started reading it with my wife and now she is nearly as addicted to it as I am. As a consequence when it comes time fo us to move in spring 09 we will be able to make a sound decision together, rather than one of us believing we can afford more home than we really can.

[Navydoc]

I’m surprised noone has suggested this before- introduce her to this forum! After I found this site I started reading it with my wife and now she is nearly as addicted to it as I am. As a consequence when it comes time fo us to move in spring 09 we will be able to make a sound decision together, rather than one of us believing we can afford more home than we really can.

[Navydoc]

I’m surprised noone has suggested this before- introduce her to this forum! After I found this site I started reading it with my wife and now she is nearly as addicted to it as I am. As a consequence when it comes time fo us to move in spring 09 we will be able to make a sound decision together, rather than one of us believing we can afford more home than we really can.

[Navydoc]

I’m surprised noone has suggested this before- introduce her to this forum! After I found this site I started reading it with my wife and now she is nearly as addicted to it as I am. As a consequence when it comes time fo us to move in spring 09 we will be able to make a sound decision together, rather than one of us believing we can afford more home than we really can.

[Navydoc]

I’m surprised noone has suggested this before- introduce her to this forum! After I found this site I started reading it with my wife and now she is nearly as addicted to it as I am. As a consequence when it comes time fo us to move in spring 09 we will be able to make a sound decision together, rather than one of us believing we can afford more home than we really can.

[Navydoc]

I suppose it all comes down to how much money means to you. All the money I have is hard won through years of education, training and saving. As a consequence it disturbs me greatly to see it devalued. I also come from a poor backround, so my perception of value is colored by that. For example, there is no restaurant I can’t afford to eat in, but the sight of a $30 entree on a menu will always make me jump a little bit. I’ll never really lose that no matter how wealthy I become. Similarly, I CAN certainly afford to take a $100,000 loss on a depreciating home in this market, I just don’t WANT to. Why not rent the $900,000 home instead? I guess if someone dropped the $100,000 into my lap I wouldn’t care as much about losing it, but since I worked for it it is quite a bit more dear to me. And you absolutely can live the life you desire without homeownership being a necessary part of it. I wonder if that sentiment will become more commonplace in the future.

[Navydoc]

I suppose it all comes down to how much money means to you. All the money I have is hard won through years of education, training and saving. As a consequence it disturbs me greatly to see it devalued. I also come from a poor backround, so my perception of value is colored by that. For example, there is no restaurant I can’t afford to eat in, but the sight of a $30 entree on a menu will always make me jump a little bit. I’ll never really lose that no matter how wealthy I become. Similarly, I CAN certainly afford to take a $100,000 loss on a depreciating home in this market, I just don’t WANT to. Why not rent the $900,000 home instead? I guess if someone dropped the $100,000 into my lap I wouldn’t care as much about losing it, but since I worked for it it is quite a bit more dear to me. And you absolutely can live the life you desire without homeownership being a necessary part of it. I wonder if that sentiment will become more commonplace in the future.

[Navydoc]

I suppose it all comes down to how much money means to you. All the money I have is hard won through years of education, training and saving. As a consequence it disturbs me greatly to see it devalued. I also come from a poor backround, so my perception of value is colored by that. For example, there is no restaurant I can’t afford to eat in, but the sight of a $30 entree on a menu will always make me jump a little bit. I’ll never really lose that no matter how wealthy I become. Similarly, I CAN certainly afford to take a $100,000 loss on a depreciating home in this market, I just don’t WANT to. Why not rent the $900,000 home instead? I guess if someone dropped the $100,000 into my lap I wouldn’t care as much about losing it, but since I worked for it it is quite a bit more dear to me. And you absolutely can live the life you desire without homeownership being a necessary part of it. I wonder if that sentiment will become more commonplace in the future.

[Navydoc]

I suppose it all comes down to how much money means to you. All the money I have is hard won through years of education, training and saving. As a consequence it disturbs me greatly to see it devalued. I also come from a poor backround, so my perception of value is colored by that. For example, there is no restaurant I can’t afford to eat in, but the sight of a $30 entree on a menu will always make me jump a little bit. I’ll never really lose that no matter how wealthy I become. Similarly, I CAN certainly afford to take a $100,000 loss on a depreciating home in this market, I just don’t WANT to. Why not rent the $900,000 home instead? I guess if someone dropped the $100,000 into my lap I wouldn’t care as much about losing it, but since I worked for it it is quite a bit more dear to me. And you absolutely can live the life you desire without homeownership being a necessary part of it. I wonder if that sentiment will become more commonplace in the future.

[Navydoc]

I suppose it all comes down to how much money means to you. All the money I have is hard won through years of education, training and saving. As a consequence it disturbs me greatly to see it devalued. I also come from a poor backround, so my perception of value is colored by that. For example, there is no restaurant I can’t afford to eat in, but the sight of a $30 entree on a menu will always make me jump a little bit. I’ll never really lose that no matter how wealthy I become. Similarly, I CAN certainly afford to take a $100,000 loss on a depreciating home in this market, I just don’t WANT to. Why not rent the $900,000 home instead? I guess if someone dropped the $100,000 into my lap I wouldn’t care as much about losing it, but since I worked for it it is quite a bit more dear to me. And you absolutely can live the life you desire without homeownership being a necessary part of it. I wonder if that sentiment will become more commonplace in the future.

[Navydoc]

I’m not so sure you should jump up and say all these people were/are wrong because some greater fool bought a depreciating asset. Still think the property is worth $870,000 today? I’m not so sure. If you’ll note, most of the responses you referenced state the decline may take YEARS, not days or weeks. I have a cousin that lives in this neighborhood, and I’d give you mid 700’s low 800’s for their place right now, but I don’t htink a future value of low 700’s is out of the qestion.

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