[NotCranky]

I would say know your target house or types of properties you are interested and disengage from the media. Get an understanding of properties and their ammenities and compare over time. Check them every six months or so to see where prices/affordability are going until something pencils out for the parameters you set, longer if the market can exceed your parameters on the downside and you can still wait.Buy after SD Realtor buys, maybe much later.

[NotCranky]

I would say know your target house or types of properties you are interested and disengage from the media. Get an understanding of properties and their ammenities and compare over time. Check them every six months or so to see where prices/affordability are going until something pencils out for the parameters you set, longer if the market can exceed your parameters on the downside and you can still wait.Buy after SD Realtor buys, maybe much later.

[NotCranky]

Perry,
I am probably so old school on my personal finance views,to the point of being irrelevant. You make it sound almost sustainable? Sounds like debt slavery to me, not a better standard of living at all.I can see the younger guys feeling helpless if that truly is the new paradigm.

[NotCranky]

Perry,
I am probably so old school on my personal finance views,to the point of being irrelevant. You make it sound almost sustainable? Sounds like debt slavery to me, not a better standard of living at all.I can see the younger guys feeling helpless if that truly is the new paradigm.

[NotCranky]

Coop,
I am just saying make your own “breaks” ,that’s all.Some people who are buying right now are probably making life tougher on themselves thus they aren’t getting the “breaks.” Someone on the sidelines has the opportunity to prepare and can say to themselves “hey owning a house isn’t everything.” I call that a “break.” I would not call being on the sidelines wasting time I would call it saving time. Because when the houses is finally gotten in a reasonable way the “waiter” won’t owe all his time to paying for the house. If it never happens,then it was better than “doing time” indentured to a unaffordable house.

[NotCranky]

Coop,
I am just saying make your own “breaks” ,that’s all.Some people who are buying right now are probably making life tougher on themselves thus they aren’t getting the “breaks.” Someone on the sidelines has the opportunity to prepare and can say to themselves “hey owning a house isn’t everything.” I call that a “break.” I would not call being on the sidelines wasting time I would call it saving time. Because when the houses is finally gotten in a reasonable way the “waiter” won’t owe all his time to paying for the house. If it never happens,then it was better than “doing time” indentured to a unaffordable house.

[NotCranky]

No I didn’t say anything like that at all. I said wish in one hand and shit in the other and see which one fills up first.

[NotCranky]

No I didn’t say anything like that at all. I said wish in one hand and shit in the other and see which one fills up first.

[NotCranky]

“when affordability returns to the market you will see median home prices plummet rapidly. Ironically that will be the first sign of health returning to the market.”

These are the kind of observations that make this blog so addicting for me. Nice thinking LA_Renter. I think I will put emphasis on the possibility that it is a “first sign” for myself though.Collectively LA-Renter and some others will call the bottom here on this blog …no doubt.On the other hand there is the remote possibilty that just the middle holds up.Very remote.Sometimes ideas like La_Renter’s make me wonder if Rich doesn’t use this blog for inspiration. Not that he needs it, but if it is here what the heck.

[NotCranky]

“when affordability returns to the market you will see median home prices plummet rapidly. Ironically that will be the first sign of health returning to the market.”

These are the kind of observations that make this blog so addicting for me. Nice thinking LA_Renter. I think I will put emphasis on the possibility that it is a “first sign” for myself though.Collectively LA-Renter and some others will call the bottom here on this blog …no doubt.On the other hand there is the remote possibilty that just the middle holds up.Very remote.Sometimes ideas like La_Renter’s make me wonder if Rich doesn’t use this blog for inspiration. Not that he needs it, but if it is here what the heck.

[NotCranky]

Louis Farrakhan was a pretty impressive individual but he is an imposter. Malcom may have had some incorrect ideas and held them for periods of time but he was genuine at least. It is a pity that people like MLK and Malcom died paving the way for imposters like Jesse Jackson,Sharpton ect ect. to be able to share power and access to opportunity, for their own self interest, with the white imposters like Bush. “by the people and for the people” is mocked by charlatans of various skin colors now that’s all.

[NotCranky]

Louis Farrakhan was a pretty impressive individual but he is an imposter. Malcom may have had some incorrect ideas and held them for periods of time but he was genuine at least. It is a pity that people like MLK and Malcom died paving the way for imposters like Jesse Jackson,Sharpton ect ect. to be able to share power and access to opportunity, for their own self interest, with the white imposters like Bush. “by the people and for the people” is mocked by charlatans of various skin colors now that’s all.

[NotCranky]

Regarding the roller coaster propaganda,
If people have to do idiotic adds like that they know they are in trouble and they are shouting it out loud to the insightful observer. Take satisfaction in the fact that those adds confirm what most of us are thinking.

[NotCranky]

Regarding the roller coaster propaganda,
If people have to do idiotic adds like that they know they are in trouble and they are shouting it out loud to the insightful observer. Take satisfaction in the fact that those adds confirm what most of us are thinking.

[NotCranky]

“When will the buyer ever get a “break?”
If the “buyer” is someone who doesn’t want to pay too much for shelter and is getting the best education possible on home ownership and is living frugally and saving like crazy the buyer is getting a “break” right now.Actually the buyer is making his own “break” which is where the emphasis should be because we don’t control other things. If the buyer is spending his money , chomping at the bit because he got priced out, waiting for the fancy, comfy, entitlment houses that all the GF’s bought and is expecting it be easy for him someday he is wasting his time in the housing market.The ones that most likely aren’t getting a break are the ones that are doing the actual buying.

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