[patb]

[quote=AN][quote=DWCAP]That MM house is back at 2002 pricing if what I am seeing is correct. $289900 was the last sale on 4/5/2002.

http://www.sdlookup.com/Property-A26EA8EA-10247_Arrow_Rock_Ave_San_Diego_CA_92126%5B/quote%5D
2002 price, IF you have all cash.

[quote=pepsi]The guy who won that house is a young guy (in 30s), and does not seem like a flipper. He didn’t join the bidding until the very last stage, from around $540K. I think he could just be a consumer for the house.[/quote]
What does a flipper look like?[/quote]

http://www.smh.com.au/ffximage/2007/06/18/caseyserin1_wideweb__470x352,0.jpg

well at least he’s a Flopper.

[patb]

[quote=XBoxBoy][quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

XBoxBoy[/quote]

What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?

[patb]

[quote=XBoxBoy][quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

XBoxBoy[/quote]

What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?

[patb]

[quote=XBoxBoy][quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

XBoxBoy[/quote]

What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?

[patb]

[quote=XBoxBoy][quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

XBoxBoy[/quote]

What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?

[patb]

[quote=XBoxBoy][quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

XBoxBoy[/quote]

What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?

[patb]

you can’t maintain any sense of fairness if people who have been
there 30 years are paying 10% the tax of people who came 2 years ago.
This ultimately destroys home values as newcomers won’t buy
and the real inequity is 30 years public sector workers benefit
from high pensions as they go out the door and low taxes
as they own houses tied to their stable careers.

[patb]

you can’t maintain any sense of fairness if people who have been
there 30 years are paying 10% the tax of people who came 2 years ago.
This ultimately destroys home values as newcomers won’t buy
and the real inequity is 30 years public sector workers benefit
from high pensions as they go out the door and low taxes
as they own houses tied to their stable careers.

[patb]

you can’t maintain any sense of fairness if people who have been
there 30 years are paying 10% the tax of people who came 2 years ago.
This ultimately destroys home values as newcomers won’t buy
and the real inequity is 30 years public sector workers benefit
from high pensions as they go out the door and low taxes
as they own houses tied to their stable careers.

[patb]

you can’t maintain any sense of fairness if people who have been
there 30 years are paying 10% the tax of people who came 2 years ago.
This ultimately destroys home values as newcomers won’t buy
and the real inequity is 30 years public sector workers benefit
from high pensions as they go out the door and low taxes
as they own houses tied to their stable careers.

[patb]

you can’t maintain any sense of fairness if people who have been
there 30 years are paying 10% the tax of people who came 2 years ago.
This ultimately destroys home values as newcomers won’t buy
and the real inequity is 30 years public sector workers benefit
from high pensions as they go out the door and low taxes
as they own houses tied to their stable careers.

[patb]

CAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,

Cat probably makes more money off spares then they do for units.

[patb]

CAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,

Cat probably makes more money off spares then they do for units.

[patb]

CAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,

Cat probably makes more money off spares then they do for units.

[patb]

CAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,

Cat probably makes more money off spares then they do for units.

[Author]

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