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December 5, 2007 at 10:57 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109511Omega PointParticipant
I understand what you’re saying but there are always going to be risks so rather than dealing with this now, we’re just making an even larger problem for the future. Local, state, and Fed gov’ts aren’t going to trim spending anytime soon. Consumers will continue to rack up debt and with the proposed bailouts, little will be learned other than bad choices will not be punished. Plus, who knows what new challenges we’ll have in five years. Its amazing how quickly we went from the tech bubble to the housing bubble. You’d think that many people learned from the tech mania. Nope, they were busily running off to cash in on the next mania. Heck, many people think 9/11 is now ancient history. People’s memories are short and selective. I have little faith that delaying the day of reckoning for this problem will make it better.
Omega PointParticipantI understand what you’re saying but there are always going to be risks so rather than dealing with this now, we’re just making an even larger problem for the future. Local, state, and Fed gov’ts aren’t going to trim spending anytime soon. Consumers will continue to rack up debt and with the proposed bailouts, little will be learned other than bad choices will not be punished. Plus, who knows what new challenges we’ll have in five years. Its amazing how quickly we went from the tech bubble to the housing bubble. You’d think that many people learned from the tech mania. Nope, they were busily running off to cash in on the next mania. Heck, many people think 9/11 is now ancient history. People’s memories are short and selective. I have little faith that delaying the day of reckoning for this problem will make it better.
Omega PointParticipantI understand what you’re saying but there are always going to be risks so rather than dealing with this now, we’re just making an even larger problem for the future. Local, state, and Fed gov’ts aren’t going to trim spending anytime soon. Consumers will continue to rack up debt and with the proposed bailouts, little will be learned other than bad choices will not be punished. Plus, who knows what new challenges we’ll have in five years. Its amazing how quickly we went from the tech bubble to the housing bubble. You’d think that many people learned from the tech mania. Nope, they were busily running off to cash in on the next mania. Heck, many people think 9/11 is now ancient history. People’s memories are short and selective. I have little faith that delaying the day of reckoning for this problem will make it better.
Omega PointParticipantI understand what you’re saying but there are always going to be risks so rather than dealing with this now, we’re just making an even larger problem for the future. Local, state, and Fed gov’ts aren’t going to trim spending anytime soon. Consumers will continue to rack up debt and with the proposed bailouts, little will be learned other than bad choices will not be punished. Plus, who knows what new challenges we’ll have in five years. Its amazing how quickly we went from the tech bubble to the housing bubble. You’d think that many people learned from the tech mania. Nope, they were busily running off to cash in on the next mania. Heck, many people think 9/11 is now ancient history. People’s memories are short and selective. I have little faith that delaying the day of reckoning for this problem will make it better.
Omega PointParticipantI understand what you’re saying but there are always going to be risks so rather than dealing with this now, we’re just making an even larger problem for the future. Local, state, and Fed gov’ts aren’t going to trim spending anytime soon. Consumers will continue to rack up debt and with the proposed bailouts, little will be learned other than bad choices will not be punished. Plus, who knows what new challenges we’ll have in five years. Its amazing how quickly we went from the tech bubble to the housing bubble. You’d think that many people learned from the tech mania. Nope, they were busily running off to cash in on the next mania. Heck, many people think 9/11 is now ancient history. People’s memories are short and selective. I have little faith that delaying the day of reckoning for this problem will make it better.
Omega PointParticipantHillary Clinton has a similar plan. She also wants a 90 day moratorium on foreclosures. It’s not just the Republicans. Gov’t always feels they need to “do something” when more often than not “doing something” actually makes the problem worse. In this case, let the market correct the problem. In the long run we’ll all be better off.
Omega PointParticipantHillary Clinton has a similar plan. She also wants a 90 day moratorium on foreclosures. It’s not just the Republicans. Gov’t always feels they need to “do something” when more often than not “doing something” actually makes the problem worse. In this case, let the market correct the problem. In the long run we’ll all be better off.
Omega PointParticipantHillary Clinton has a similar plan. She also wants a 90 day moratorium on foreclosures. It’s not just the Republicans. Gov’t always feels they need to “do something” when more often than not “doing something” actually makes the problem worse. In this case, let the market correct the problem. In the long run we’ll all be better off.
Omega PointParticipantHillary Clinton has a similar plan. She also wants a 90 day moratorium on foreclosures. It’s not just the Republicans. Gov’t always feels they need to “do something” when more often than not “doing something” actually makes the problem worse. In this case, let the market correct the problem. In the long run we’ll all be better off.
Omega PointParticipantHillary Clinton has a similar plan. She also wants a 90 day moratorium on foreclosures. It’s not just the Republicans. Gov’t always feels they need to “do something” when more often than not “doing something” actually makes the problem worse. In this case, let the market correct the problem. In the long run we’ll all be better off.
December 5, 2007 at 9:05 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109205Omega PointParticipantThanks Unbiased for the advice. I do have a very good credit score, or at least the last time I checked is was good (over 800). I did take a look on Craigslist and boy, there are a lot of SFHs for rent and I agree most of the prices seem too high. Do you think most of these are “investment” properties (flippers who were trying to make a quick buck)? That’s what I’m hoping, finding a flipper who is desperate.
December 5, 2007 at 9:05 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109317Omega PointParticipantThanks Unbiased for the advice. I do have a very good credit score, or at least the last time I checked is was good (over 800). I did take a look on Craigslist and boy, there are a lot of SFHs for rent and I agree most of the prices seem too high. Do you think most of these are “investment” properties (flippers who were trying to make a quick buck)? That’s what I’m hoping, finding a flipper who is desperate.
December 5, 2007 at 9:05 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109348Omega PointParticipantThanks Unbiased for the advice. I do have a very good credit score, or at least the last time I checked is was good (over 800). I did take a look on Craigslist and boy, there are a lot of SFHs for rent and I agree most of the prices seem too high. Do you think most of these are “investment” properties (flippers who were trying to make a quick buck)? That’s what I’m hoping, finding a flipper who is desperate.
December 5, 2007 at 9:05 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109355Omega PointParticipantThanks Unbiased for the advice. I do have a very good credit score, or at least the last time I checked is was good (over 800). I did take a look on Craigslist and boy, there are a lot of SFHs for rent and I agree most of the prices seem too high. Do you think most of these are “investment” properties (flippers who were trying to make a quick buck)? That’s what I’m hoping, finding a flipper who is desperate.
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