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August 28, 2009 at 8:39 PM in reply to: Who got the better deal in this decline;l you or big money #450490August 28, 2009 at 8:39 PM in reply to: Who got the better deal in this decline;l you or big money #450828
patientrenter
ParticipantIt’s a very good explanation in layman’s terms of how the PPIP is designed to overprice assets, whilst giving the impression that they are just helping to set the ‘right’ price.
I think the truth is that those who knew anything already knew that, and the rest of the public is unreachable, even with the best explanation. Besides, the public wants their homes to have as high a market value as possible, along with their equities. As the saying goes, “it’s hard to get a man to understand something when his salary [or wealth in this case] depends on him not understanding it”.
August 28, 2009 at 8:39 PM in reply to: Who got the better deal in this decline;l you or big money #450900patientrenter
ParticipantIt’s a very good explanation in layman’s terms of how the PPIP is designed to overprice assets, whilst giving the impression that they are just helping to set the ‘right’ price.
I think the truth is that those who knew anything already knew that, and the rest of the public is unreachable, even with the best explanation. Besides, the public wants their homes to have as high a market value as possible, along with their equities. As the saying goes, “it’s hard to get a man to understand something when his salary [or wealth in this case] depends on him not understanding it”.
August 28, 2009 at 8:39 PM in reply to: Who got the better deal in this decline;l you or big money #451088patientrenter
ParticipantIt’s a very good explanation in layman’s terms of how the PPIP is designed to overprice assets, whilst giving the impression that they are just helping to set the ‘right’ price.
I think the truth is that those who knew anything already knew that, and the rest of the public is unreachable, even with the best explanation. Besides, the public wants their homes to have as high a market value as possible, along with their equities. As the saying goes, “it’s hard to get a man to understand something when his salary [or wealth in this case] depends on him not understanding it”.
patientrenter
Participant[quote=trying2balance]I read the link JustReader1 posted (below) and it looks like effective Sept 30 Arizona has changed its law to not allow walk-aways….
http://marcmccain.com/current-events/arizonas-anti-deficiency-laws-are-changing/81/%5B/quote%5D
I doubt that any such law will be made to take effect. You refer to losing your $40K to banks. What about the $80K you gained on your other property? Did you get that other property by using money from banks, or did you pay all cash? Do you have any money in a bank? If the bank were made to lose the $40K, would you be OK if some of that $40K were taken from your bank deposits?
Not trying to be mean. I am just trying to point out that even nice people can be… dare I say it, selfish.
patientrenter
Participant[quote=trying2balance]I read the link JustReader1 posted (below) and it looks like effective Sept 30 Arizona has changed its law to not allow walk-aways….
http://marcmccain.com/current-events/arizonas-anti-deficiency-laws-are-changing/81/%5B/quote%5D
I doubt that any such law will be made to take effect. You refer to losing your $40K to banks. What about the $80K you gained on your other property? Did you get that other property by using money from banks, or did you pay all cash? Do you have any money in a bank? If the bank were made to lose the $40K, would you be OK if some of that $40K were taken from your bank deposits?
Not trying to be mean. I am just trying to point out that even nice people can be… dare I say it, selfish.
patientrenter
Participant[quote=trying2balance]I read the link JustReader1 posted (below) and it looks like effective Sept 30 Arizona has changed its law to not allow walk-aways….
http://marcmccain.com/current-events/arizonas-anti-deficiency-laws-are-changing/81/%5B/quote%5D
I doubt that any such law will be made to take effect. You refer to losing your $40K to banks. What about the $80K you gained on your other property? Did you get that other property by using money from banks, or did you pay all cash? Do you have any money in a bank? If the bank were made to lose the $40K, would you be OK if some of that $40K were taken from your bank deposits?
Not trying to be mean. I am just trying to point out that even nice people can be… dare I say it, selfish.
patientrenter
Participant[quote=trying2balance]I read the link JustReader1 posted (below) and it looks like effective Sept 30 Arizona has changed its law to not allow walk-aways….
http://marcmccain.com/current-events/arizonas-anti-deficiency-laws-are-changing/81/%5B/quote%5D
I doubt that any such law will be made to take effect. You refer to losing your $40K to banks. What about the $80K you gained on your other property? Did you get that other property by using money from banks, or did you pay all cash? Do you have any money in a bank? If the bank were made to lose the $40K, would you be OK if some of that $40K were taken from your bank deposits?
Not trying to be mean. I am just trying to point out that even nice people can be… dare I say it, selfish.
patientrenter
Participant[quote=trying2balance]I read the link JustReader1 posted (below) and it looks like effective Sept 30 Arizona has changed its law to not allow walk-aways….
http://marcmccain.com/current-events/arizonas-anti-deficiency-laws-are-changing/81/%5B/quote%5D
I doubt that any such law will be made to take effect. You refer to losing your $40K to banks. What about the $80K you gained on your other property? Did you get that other property by using money from banks, or did you pay all cash? Do you have any money in a bank? If the bank were made to lose the $40K, would you be OK if some of that $40K were taken from your bank deposits?
Not trying to be mean. I am just trying to point out that even nice people can be… dare I say it, selfish.
patientrenter
ParticipantTo the other guys here who are still complaining here about what they see as an an imbalance against them in the male/female roles in society today: you are wasting your own time.
Women know that times have changed since the 1950’s, and they know what they can get now. It’s like home prices – one buyer may think they should be lower, but that does not matter a jot to the seller who knows the current market prices. The market is what it is, and all you can do is make your own personal choices in response.
patientrenter
ParticipantTo the other guys here who are still complaining here about what they see as an an imbalance against them in the male/female roles in society today: you are wasting your own time.
Women know that times have changed since the 1950’s, and they know what they can get now. It’s like home prices – one buyer may think they should be lower, but that does not matter a jot to the seller who knows the current market prices. The market is what it is, and all you can do is make your own personal choices in response.
patientrenter
ParticipantTo the other guys here who are still complaining here about what they see as an an imbalance against them in the male/female roles in society today: you are wasting your own time.
Women know that times have changed since the 1950’s, and they know what they can get now. It’s like home prices – one buyer may think they should be lower, but that does not matter a jot to the seller who knows the current market prices. The market is what it is, and all you can do is make your own personal choices in response.
patientrenter
ParticipantTo the other guys here who are still complaining here about what they see as an an imbalance against them in the male/female roles in society today: you are wasting your own time.
Women know that times have changed since the 1950’s, and they know what they can get now. It’s like home prices – one buyer may think they should be lower, but that does not matter a jot to the seller who knows the current market prices. The market is what it is, and all you can do is make your own personal choices in response.
patientrenter
ParticipantTo the other guys here who are still complaining here about what they see as an an imbalance against them in the male/female roles in society today: you are wasting your own time.
Women know that times have changed since the 1950’s, and they know what they can get now. It’s like home prices – one buyer may think they should be lower, but that does not matter a jot to the seller who knows the current market prices. The market is what it is, and all you can do is make your own personal choices in response.
patientrenter
Participant[quote=davelj]….vacations to Montserrat associated with that hot 24-year old that won the bikini contest at the Baja 1000. Trust me on this one.[/quote]
LoL! I hope you enjoyed the bikini. Well, I agree with your analysis of the relative cost of marriage vs dating from the guy’s PoV. Marriage is like the fixed-price union contract for half of the population. I’m not saying unions don’t have a place, just drawing an analogy.
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