[patb]

[quote=Rt.66]I’ve always thought that Japan is viewed as the successful model for dealing with a complete implosion of a country’s banking system. A lost decade or two is preferrable to a severe depression?

[/quote]

sweden was. banks imploded, government took over.

[patb]

[quote=FormerSanDiegan][quote=scaredycat]seems unlikely a 130k house would rent for 1500 for long. [/quote]

So, why is that ?

Should the price be higher because the rent supports it ?

OR

Should the rent go down to align more closely with the price of the property ?
[/quote]

Because someone paying 1500/month can go put their own place for 135K then.

1500/Month will support up to a 220K house (Yes, i’m handwaving on interest rates and insurance).

So most people getting that kind of rent will seek to buy houses for 130K-220K in price.

if you assume Rent/Own for a 130K house, that’s closer to a
1000/month rent.

[patb]

[quote=FormerSanDiegan][quote=scaredycat]seems unlikely a 130k house would rent for 1500 for long. [/quote]

So, why is that ?

Should the price be higher because the rent supports it ?

OR

Should the rent go down to align more closely with the price of the property ?
[/quote]

Because someone paying 1500/month can go put their own place for 135K then.

1500/Month will support up to a 220K house (Yes, i’m handwaving on interest rates and insurance).

So most people getting that kind of rent will seek to buy houses for 130K-220K in price.

if you assume Rent/Own for a 130K house, that’s closer to a
1000/month rent.

[patb]

[quote=FormerSanDiegan][quote=scaredycat]seems unlikely a 130k house would rent for 1500 for long. [/quote]

So, why is that ?

Should the price be higher because the rent supports it ?

OR

Should the rent go down to align more closely with the price of the property ?
[/quote]

Because someone paying 1500/month can go put their own place for 135K then.

1500/Month will support up to a 220K house (Yes, i’m handwaving on interest rates and insurance).

So most people getting that kind of rent will seek to buy houses for 130K-220K in price.

if you assume Rent/Own for a 130K house, that’s closer to a
1000/month rent.

[patb]

[quote=FormerSanDiegan][quote=scaredycat]seems unlikely a 130k house would rent for 1500 for long. [/quote]

So, why is that ?

Should the price be higher because the rent supports it ?

OR

Should the rent go down to align more closely with the price of the property ?
[/quote]

Because someone paying 1500/month can go put their own place for 135K then.

1500/Month will support up to a 220K house (Yes, i’m handwaving on interest rates and insurance).

So most people getting that kind of rent will seek to buy houses for 130K-220K in price.

if you assume Rent/Own for a 130K house, that’s closer to a
1000/month rent.

[patb]

[quote=FormerSanDiegan][quote=scaredycat]seems unlikely a 130k house would rent for 1500 for long. [/quote]

So, why is that ?

Should the price be higher because the rent supports it ?

OR

Should the rent go down to align more closely with the price of the property ?
[/quote]

Because someone paying 1500/month can go put their own place for 135K then.

1500/Month will support up to a 220K house (Yes, i’m handwaving on interest rates and insurance).

So most people getting that kind of rent will seek to buy houses for 130K-220K in price.

if you assume Rent/Own for a 130K house, that’s closer to a
1000/month rent.

[patb]

[quote=temeculaguy] After I stole some FB’s house, his car and wife just didn’t interest me as much. Either the tin man got a heart or the lion didn’t find courage,.[/quote]

I see a lot of these wives up for rent on craigslist.

[patb]

[quote=temeculaguy] After I stole some FB’s house, his car and wife just didn’t interest me as much. Either the tin man got a heart or the lion didn’t find courage,.[/quote]

I see a lot of these wives up for rent on craigslist.

[patb]

[quote=temeculaguy] After I stole some FB’s house, his car and wife just didn’t interest me as much. Either the tin man got a heart or the lion didn’t find courage,.[/quote]

I see a lot of these wives up for rent on craigslist.

[patb]

[quote=temeculaguy] After I stole some FB’s house, his car and wife just didn’t interest me as much. Either the tin man got a heart or the lion didn’t find courage,.[/quote]

I see a lot of these wives up for rent on craigslist.

[patb]

[quote=temeculaguy] After I stole some FB’s house, his car and wife just didn’t interest me as much. Either the tin man got a heart or the lion didn’t find courage,.[/quote]

I see a lot of these wives up for rent on craigslist.

[patb]

[quote=patb]i’d call your local habitat or christmas in april chapter, maybe they
can help you find some people[/quote]

BTW it sucks to do that repainting thing to make the realtors happy.
the existing paint is perfectly fine, but realtors just want beige everywhere.

[patb]

[quote=patb]i’d call your local habitat or christmas in april chapter, maybe they
can help you find some people[/quote]

BTW it sucks to do that repainting thing to make the realtors happy.
the existing paint is perfectly fine, but realtors just want beige everywhere.

[patb]

[quote=patb]i’d call your local habitat or christmas in april chapter, maybe they
can help you find some people[/quote]

BTW it sucks to do that repainting thing to make the realtors happy.
the existing paint is perfectly fine, but realtors just want beige everywhere.

[patb]

[quote=patb]i’d call your local habitat or christmas in april chapter, maybe they
can help you find some people[/quote]

BTW it sucks to do that repainting thing to make the realtors happy.
the existing paint is perfectly fine, but realtors just want beige everywhere.

[Author]

Posts