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NotARocketScientistParticipant
Farewell Tanta.
How you are missed…
NotARocketScientistParticipantFarewell Tanta.
How you are missed…
NotARocketScientistParticipantFarewell Tanta.
How you are missed…
NotARocketScientistParticipantFarewell Tanta.
How you are missed…
NotARocketScientistParticipantlimericks, anyone?
There was an investor quite chipper
who amassed A-R-M’s as a flipper
The market then crashed
and his FICO got slashed
Like a victim of old Jack the RipperNotARocketScientistParticipantI am really sad about this news and am not sure what to say to my kids. I am afraid they will never want to swim in the bay again as there a lot of stingrays here.
PD — You might want to use this opportunity to draw distinctions for your kids. A couple weeks ago my own kids came across the TV story about Tim Treadwell, the documentarian who was eaten alive by grizzly bears in Alaska. This was days before we went camping to Sequoia.
I was able to draw a distinction between the black bears in Sequoia and the grizzly bears in Alaska. I was also able to draw a distinction between the provocative behavior of Treadwell and the respectful behavior we knew to exhibit with bears.
I am happy to report that we did see a back bear, and paid it the proper respect. My kids and the bear were both cool with the experience.
I'm no expert on the ocean, but my understanding is that the ray that felled Erwin was an eight-footer, nothing like the one-footers we have here. Also, Erwin was more — shall we say, intrusive — then you have probably taught your own kids to be.
Best of luck and happy swimming.
NotARocketScientistParticipant1) Own
2) No. We buy low and hold.
3) n/a
4) My folks taught me good. They bought their first rentals in the early 70s slump. We bought our house in the mid 80s slump. We were ready to buy again during the great mid 90s slump but new babies kept us distracted. No matter. Slumps are like buses, if you miss one there’s always another coming. Just sock away the cash and enjoy life in the mean time. And BTW — don’t get sore at the people who deny there’s a bubble. They make the froth that inflates the bubble that causes the collapse that produces overshoot that allows us to buy an affordable property.
5) No, we buy rentals where it’s zoned R2 or higher.
6) Nah, we love this neighborhood. We love this house. I enjoy taking trips to Home Despot to keep it running.
7) I would like to see at least a 30 percent drop but suspect it will go further. Especially if we get any combination of the earthquakes/riots/fires/mudslides/county bankruptcies/recessions we have always had before…When Newsweek prints a cover with the headline “CALIFORNIA — NO LONGER GOLDEN?” it is usually the right time to buy.
NotARocketScientistParticipantProstitution and gambling are OK, but feeding the homeless, that’s just wrong!
July 16, 2006 at 11:37 PM in reply to: Bubble Man: Greenspan and the Missing 7 Trillion Dollars #28547NotARocketScientistParticipantInteresting stuff, Poway. I remember when Greenspan did a 180 on the wisdom of deep tax cuts, from criticism to praise. Shortly after, he was approved for another term.
The intersection of economics and politics makes for some interesting stories.
NotARocketScientistParticipantAnother visual:
-A new house, unoccupied
-“For Sale” sign at the curb
-“Price Reduced” sign tacked on
-Weeds growing in the seams of the sidewalk
-throwaway newspapers piling up in the drivewaySeems you should be able to find that somewhere
NotARocketScientistParticipantYou could get 5 or 6 of those guys who stand on street corners with those giant “Condos for Sale” arrows to pose, desperately pointing their signs in many different directions.
NotARocketScientistParticipantGuess I won’t be posting any links from Docktor Kleinhaus anytime soon…
Seriously PowaySeller, we do appreciate the link. Good quality data well parsed. But who hasn’t made a fart joke in church at one time or another? I’d give SDR a pass on this one if it was me.
NotARocketScientistParticipantPD:
We actually got the idea from an NPR news story on Sweden’s efforts to reduce pollution levels in the Baltic Sea. They finally concluded that the most efficient solution was to build free sewage and industrial waste treatment facilities across the sea in Poland.
Some Swedes balked at subsidizing a neighbor until they saw that the cost-benefit ratio was ten of fifteen times higher than any project they could have done at home. Everyone came out ahead.
NotARocketScientistParticipant“Clean people like a clean home. Dirty people LOVE a clean home.”
That’s a great line.
When we were selling, we got permission from our neighbor to replant his flower beds, mow his lawn, trim his hedges. We watered and fertilized and had his place looking great.
He LOVED us.
within three months of our selling we drove by it had completely reverted.
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