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nostradamus
ParticipantThe architecture is refreshing to see, we need more homes like this in SD. I doubt if it would be permitted these days.
Did you see this website about the house?
There does not appear to be a garage. Street parking only. This could be bad, considering the neighborhood.
nostradamus
ParticipantThe architecture is refreshing to see, we need more homes like this in SD. I doubt if it would be permitted these days.
Did you see this website about the house?
There does not appear to be a garage. Street parking only. This could be bad, considering the neighborhood.
nostradamus
ParticipantDo you mean 1271 Weaver St? Nice-looking place!
nostradamus
ParticipantDo you mean 1271 Weaver St? Nice-looking place!
nostradamus
ParticipantDo you mean 1271 Weaver St? Nice-looking place!
nostradamus
ParticipantDo you mean 1271 Weaver St? Nice-looking place!
nostradamus
ParticipantDo you mean 1271 Weaver St? Nice-looking place!
nostradamus
ParticipantIn the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.
Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…
nostradamus
ParticipantIn the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.
Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…
nostradamus
ParticipantIn the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.
Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…
nostradamus
ParticipantIn the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.
Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…
nostradamus
ParticipantIn the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.
Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…
nostradamus
ParticipantAllan hat’s true but also many people feel that now is the time to stock up on guns ‘n ammo in prep for the mad max days ahead (according to some).
FYI on a drive back from Vegas I stopped at “Outdoor World” which is about the awesomest store I’ve ever been in. Along with camping/hiking/fishing/all outdoor gear they have good ammo, the same you can get here, for about half the price. I think there’s a branch in Riverside as well.
nostradamus
ParticipantAllan hat’s true but also many people feel that now is the time to stock up on guns ‘n ammo in prep for the mad max days ahead (according to some).
FYI on a drive back from Vegas I stopped at “Outdoor World” which is about the awesomest store I’ve ever been in. Along with camping/hiking/fishing/all outdoor gear they have good ammo, the same you can get here, for about half the price. I think there’s a branch in Riverside as well.
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