[patientrenter]

RO was an interesting species. Successful sales people are distinguished by their ability to push people into doing what they wouldn’t do naturally. And RO’s taunting of anyone who is cautious about buying, trying to get them to declare that they really did want to buy now, in order to win his approval, reeked of the salesman’s instinctive “closing the deal” moves.

I can’t recall RO contributing much apart from this kind of salesman move, which on Piggington is just a provocation.

I’d like to see a more analytical bullish contributor here. It does get tiresome when any “on the other hand” comment gets ripped apart by an emotional “are you in the pack or not” response. We can’t sharpen our vision of the present or future if we don’t have a calm, intelligent, two-sided dialog.

Patient renter in OC

[patientrenter]

RO was an interesting species. Successful sales people are distinguished by their ability to push people into doing what they wouldn’t do naturally. And RO’s taunting of anyone who is cautious about buying, trying to get them to declare that they really did want to buy now, in order to win his approval, reeked of the salesman’s instinctive “closing the deal” moves.

I can’t recall RO contributing much apart from this kind of salesman move, which on Piggington is just a provocation.

I’d like to see a more analytical bullish contributor here. It does get tiresome when any “on the other hand” comment gets ripped apart by an emotional “are you in the pack or not” response. We can’t sharpen our vision of the present or future if we don’t have a calm, intelligent, two-sided dialog.

Patient renter in OC

[patientrenter]

RO was an interesting species. Successful sales people are distinguished by their ability to push people into doing what they wouldn’t do naturally. And RO’s taunting of anyone who is cautious about buying, trying to get them to declare that they really did want to buy now, in order to win his approval, reeked of the salesman’s instinctive “closing the deal” moves.

I can’t recall RO contributing much apart from this kind of salesman move, which on Piggington is just a provocation.

I’d like to see a more analytical bullish contributor here. It does get tiresome when any “on the other hand” comment gets ripped apart by an emotional “are you in the pack or not” response. We can’t sharpen our vision of the present or future if we don’t have a calm, intelligent, two-sided dialog.

Patient renter in OC

[patientrenter]

RO was an interesting species. Successful sales people are distinguished by their ability to push people into doing what they wouldn’t do naturally. And RO’s taunting of anyone who is cautious about buying, trying to get them to declare that they really did want to buy now, in order to win his approval, reeked of the salesman’s instinctive “closing the deal” moves.

I can’t recall RO contributing much apart from this kind of salesman move, which on Piggington is just a provocation.

I’d like to see a more analytical bullish contributor here. It does get tiresome when any “on the other hand” comment gets ripped apart by an emotional “are you in the pack or not” response. We can’t sharpen our vision of the present or future if we don’t have a calm, intelligent, two-sided dialog.

Patient renter in OC

[patientrenter]

Raybyrnes, for most first-time buyers in the last 3-5 years, a home has been an investment as well as a place to come home to. When the price of a home gets up to 50% or more of your entire lifetime’s earnings (excluding hoped-for investment gains) less expenses, then you have to consider it as an investment as well as a place to live.

Many people, perhaps like you, have saved enough, or have prior capital gains that are large enough, that current home prices don’t seem burdensome. For example, if I’d invested a halfway decent amount of money in real estate and the stock market starting in the 1980’s, I probably would feel like you do now, that buying a home even at today’s prices should be something I do if I really want to. Home prices don’t feel over-inflated if you’re paying with assets, or could pay with assets, that are also “over-inflated”. Easy come, easy go. It’s all Monopoly money that came easily, and you have enough of it so giving up chunks of it doesn’t feel painful.

For the rest of us that have no prior capital gains, and don’t earn huge salaries compared to the homes we want to live in, a home is our biggest investment, and we need to buy it when its price is low. Every $100K less we spend matters to us because it’s not Monopoly money to us.

Different psychology, depending on your situation.

Patient renter in OC

[patientrenter]

Raybyrnes, for most first-time buyers in the last 3-5 years, a home has been an investment as well as a place to come home to. When the price of a home gets up to 50% or more of your entire lifetime’s earnings (excluding hoped-for investment gains) less expenses, then you have to consider it as an investment as well as a place to live.

Many people, perhaps like you, have saved enough, or have prior capital gains that are large enough, that current home prices don’t seem burdensome. For example, if I’d invested a halfway decent amount of money in real estate and the stock market starting in the 1980’s, I probably would feel like you do now, that buying a home even at today’s prices should be something I do if I really want to. Home prices don’t feel over-inflated if you’re paying with assets, or could pay with assets, that are also “over-inflated”. Easy come, easy go. It’s all Monopoly money that came easily, and you have enough of it so giving up chunks of it doesn’t feel painful.

For the rest of us that have no prior capital gains, and don’t earn huge salaries compared to the homes we want to live in, a home is our biggest investment, and we need to buy it when its price is low. Every $100K less we spend matters to us because it’s not Monopoly money to us.

Different psychology, depending on your situation.

Patient renter in OC

[patientrenter]

Raybyrnes, for most first-time buyers in the last 3-5 years, a home has been an investment as well as a place to come home to. When the price of a home gets up to 50% or more of your entire lifetime’s earnings (excluding hoped-for investment gains) less expenses, then you have to consider it as an investment as well as a place to live.

Many people, perhaps like you, have saved enough, or have prior capital gains that are large enough, that current home prices don’t seem burdensome. For example, if I’d invested a halfway decent amount of money in real estate and the stock market starting in the 1980’s, I probably would feel like you do now, that buying a home even at today’s prices should be something I do if I really want to. Home prices don’t feel over-inflated if you’re paying with assets, or could pay with assets, that are also “over-inflated”. Easy come, easy go. It’s all Monopoly money that came easily, and you have enough of it so giving up chunks of it doesn’t feel painful.

For the rest of us that have no prior capital gains, and don’t earn huge salaries compared to the homes we want to live in, a home is our biggest investment, and we need to buy it when its price is low. Every $100K less we spend matters to us because it’s not Monopoly money to us.

Different psychology, depending on your situation.

Patient renter in OC

[patientrenter]

Raybyrnes, for most first-time buyers in the last 3-5 years, a home has been an investment as well as a place to come home to. When the price of a home gets up to 50% or more of your entire lifetime’s earnings (excluding hoped-for investment gains) less expenses, then you have to consider it as an investment as well as a place to live.

Many people, perhaps like you, have saved enough, or have prior capital gains that are large enough, that current home prices don’t seem burdensome. For example, if I’d invested a halfway decent amount of money in real estate and the stock market starting in the 1980’s, I probably would feel like you do now, that buying a home even at today’s prices should be something I do if I really want to. Home prices don’t feel over-inflated if you’re paying with assets, or could pay with assets, that are also “over-inflated”. Easy come, easy go. It’s all Monopoly money that came easily, and you have enough of it so giving up chunks of it doesn’t feel painful.

For the rest of us that have no prior capital gains, and don’t earn huge salaries compared to the homes we want to live in, a home is our biggest investment, and we need to buy it when its price is low. Every $100K less we spend matters to us because it’s not Monopoly money to us.

Different psychology, depending on your situation.

Patient renter in OC

[patientrenter]

Raybyrnes, for most first-time buyers in the last 3-5 years, a home has been an investment as well as a place to come home to. When the price of a home gets up to 50% or more of your entire lifetime’s earnings (excluding hoped-for investment gains) less expenses, then you have to consider it as an investment as well as a place to live.

Many people, perhaps like you, have saved enough, or have prior capital gains that are large enough, that current home prices don’t seem burdensome. For example, if I’d invested a halfway decent amount of money in real estate and the stock market starting in the 1980’s, I probably would feel like you do now, that buying a home even at today’s prices should be something I do if I really want to. Home prices don’t feel over-inflated if you’re paying with assets, or could pay with assets, that are also “over-inflated”. Easy come, easy go. It’s all Monopoly money that came easily, and you have enough of it so giving up chunks of it doesn’t feel painful.

For the rest of us that have no prior capital gains, and don’t earn huge salaries compared to the homes we want to live in, a home is our biggest investment, and we need to buy it when its price is low. Every $100K less we spend matters to us because it’s not Monopoly money to us.

Different psychology, depending on your situation.

Patient renter in OC

[patientrenter]

HereWeGo, eliminating the mortgage interest deduction is DOA. But it’s fun to see it at least raised in a serious context. I enjoy it, just as I enjoy seeing any serious proposal to eliminate criminal penalties for recreational drugs. Of course, both changes are equally unlikely to be enacted.

Patient renter in OC

[patientrenter]

HereWeGo, eliminating the mortgage interest deduction is DOA. But it’s fun to see it at least raised in a serious context. I enjoy it, just as I enjoy seeing any serious proposal to eliminate criminal penalties for recreational drugs. Of course, both changes are equally unlikely to be enacted.

Patient renter in OC

[patientrenter]

HereWeGo, eliminating the mortgage interest deduction is DOA. But it’s fun to see it at least raised in a serious context. I enjoy it, just as I enjoy seeing any serious proposal to eliminate criminal penalties for recreational drugs. Of course, both changes are equally unlikely to be enacted.

Patient renter in OC

[patientrenter]

HereWeGo, eliminating the mortgage interest deduction is DOA. But it’s fun to see it at least raised in a serious context. I enjoy it, just as I enjoy seeing any serious proposal to eliminate criminal penalties for recreational drugs. Of course, both changes are equally unlikely to be enacted.

Patient renter in OC

[patientrenter]

HereWeGo, eliminating the mortgage interest deduction is DOA. But it’s fun to see it at least raised in a serious context. I enjoy it, just as I enjoy seeing any serious proposal to eliminate criminal penalties for recreational drugs. Of course, both changes are equally unlikely to be enacted.

Patient renter in OC

[patientrenter]

Well, Ex-SD, it’s nice to see this type of more honest and balanced article than we saw for most of the last 10 years, but I hope the rest of the article is better-researched than the second sentence “..since the 1990 savings and loan crisis…”. Wasn’t the S&L crisis an 80’s phenomenon, or am I going senile?

Patient renter in OC

[Author]

Posts