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PerryChaseParticipant
I thought that rent was going up. At least that’s what the permabulls are saying. So how come she can’t rent?
Could it be that people are asking high rents to cover their mortgages but can’t get it? Surprise, surprise.PerryChaseParticipantI thought that rent was going up. At least that’s what the permabulls are saying. So how come she can’t rent?
Could it be that people are asking high rents to cover their mortgages but can’t get it? Surprise, surprise.PerryChaseParticipantI thought that rent was going up. At least that’s what the permabulls are saying. So how come she can’t rent?
Could it be that people are asking high rents to cover their mortgages but can’t get it? Surprise, surprise.PerryChaseParticipanttemeculaguy, I do track Downtown. I have no doubt that you’ll get your free beer.
What is the criteria to win the bet? Do you need to show one example of a sale that closes 50% below peak? If it’s the Case/Shiller index, you might have to pay up instead.
PerryChaseParticipanttemeculaguy, I do track Downtown. I have no doubt that you’ll get your free beer.
What is the criteria to win the bet? Do you need to show one example of a sale that closes 50% below peak? If it’s the Case/Shiller index, you might have to pay up instead.
PerryChaseParticipanttemeculaguy, I do track Downtown. I have no doubt that you’ll get your free beer.
What is the criteria to win the bet? Do you need to show one example of a sale that closes 50% below peak? If it’s the Case/Shiller index, you might have to pay up instead.
PerryChaseParticipantSure, contraman is on to something.
I agree with the old school philosophies (and I’m a proud liberal). Don’t buy it if you can’t afford it. The house is would be the only purchase one should borrow money for. Even then, families are getting smaller so children who inherit houses would not even need mortgages to pay for housing.
But cyphire is right. We have the economy we have because we spend. The big problem is that we have outsourced everything so the money is going overseas. If the foreigners don’t lend that money back to you, then we’re in deep doo doo.
Personally, I’m not helping the economy because I don’t buy anything since I don’t need anything.
However, you won’t see me dead in a Jerome’s store. I would rather buy used from Craigslist than new at Jerome’s. Do like the Dutch do. They have small tidy homes free and clear of junk. If you buy a sofa, buy a nice one and keep it forever. Americans buy mostly useless junk that they replace every year (but that makes the economy go round).
PerryChaseParticipantSure, contraman is on to something.
I agree with the old school philosophies (and I’m a proud liberal). Don’t buy it if you can’t afford it. The house is would be the only purchase one should borrow money for. Even then, families are getting smaller so children who inherit houses would not even need mortgages to pay for housing.
But cyphire is right. We have the economy we have because we spend. The big problem is that we have outsourced everything so the money is going overseas. If the foreigners don’t lend that money back to you, then we’re in deep doo doo.
Personally, I’m not helping the economy because I don’t buy anything since I don’t need anything.
However, you won’t see me dead in a Jerome’s store. I would rather buy used from Craigslist than new at Jerome’s. Do like the Dutch do. They have small tidy homes free and clear of junk. If you buy a sofa, buy a nice one and keep it forever. Americans buy mostly useless junk that they replace every year (but that makes the economy go round).
PerryChaseParticipantSure, contraman is on to something.
I agree with the old school philosophies (and I’m a proud liberal). Don’t buy it if you can’t afford it. The house is would be the only purchase one should borrow money for. Even then, families are getting smaller so children who inherit houses would not even need mortgages to pay for housing.
But cyphire is right. We have the economy we have because we spend. The big problem is that we have outsourced everything so the money is going overseas. If the foreigners don’t lend that money back to you, then we’re in deep doo doo.
Personally, I’m not helping the economy because I don’t buy anything since I don’t need anything.
However, you won’t see me dead in a Jerome’s store. I would rather buy used from Craigslist than new at Jerome’s. Do like the Dutch do. They have small tidy homes free and clear of junk. If you buy a sofa, buy a nice one and keep it forever. Americans buy mostly useless junk that they replace every year (but that makes the economy go round).
August 10, 2007 at 9:02 AM in reply to: Bush addresses the nation on the economy and the stock market tanks. Irony #72719PerryChaseParticipantAlex, do you still believe that 4S is the place to buy?
The billions in losses in the mortgage market is not due to a few defaulting homeowners, but millions of them. What does the mean? Those millions of homeowners cannot afford the mortgages they got into. Remember, the hedge funds are opaque and nobody knows who owns those non-performing mortgages.
Are you still dancing although we’ve hit the iceberg? (I stole that from an article I read).
I don’t think that anyone has confidence in Bush anymore. Come the September report on Iraq and his credibility will have evaporated. He’s been telling us that Iraq will turn around for the last 4 years. Does anyone believe him anymore?
To the politicians out there: give us the complete truth and allow us to swallow the bitter pill.
August 10, 2007 at 9:02 AM in reply to: Bush addresses the nation on the economy and the stock market tanks. Irony #72839PerryChaseParticipantAlex, do you still believe that 4S is the place to buy?
The billions in losses in the mortgage market is not due to a few defaulting homeowners, but millions of them. What does the mean? Those millions of homeowners cannot afford the mortgages they got into. Remember, the hedge funds are opaque and nobody knows who owns those non-performing mortgages.
Are you still dancing although we’ve hit the iceberg? (I stole that from an article I read).
I don’t think that anyone has confidence in Bush anymore. Come the September report on Iraq and his credibility will have evaporated. He’s been telling us that Iraq will turn around for the last 4 years. Does anyone believe him anymore?
To the politicians out there: give us the complete truth and allow us to swallow the bitter pill.
August 10, 2007 at 9:02 AM in reply to: Bush addresses the nation on the economy and the stock market tanks. Irony #72843PerryChaseParticipantAlex, do you still believe that 4S is the place to buy?
The billions in losses in the mortgage market is not due to a few defaulting homeowners, but millions of them. What does the mean? Those millions of homeowners cannot afford the mortgages they got into. Remember, the hedge funds are opaque and nobody knows who owns those non-performing mortgages.
Are you still dancing although we’ve hit the iceberg? (I stole that from an article I read).
I don’t think that anyone has confidence in Bush anymore. Come the September report on Iraq and his credibility will have evaporated. He’s been telling us that Iraq will turn around for the last 4 years. Does anyone believe him anymore?
To the politicians out there: give us the complete truth and allow us to swallow the bitter pill.
PerryChaseParticipantThey’re still living the high life downtown.
http://www.signonsandiego.com/uniontrib/20070805/news_lz1h05hirise.html
Do you remember the Paladion? That’s another sign of being a San Diegan.
PerryChaseParticipantThey’re still living the high life downtown.
http://www.signonsandiego.com/uniontrib/20070805/news_lz1h05hirise.html
Do you remember the Paladion? That’s another sign of being a San Diegan.
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