Forum Replies Created
-
AuthorPosts
-
PerryChase
ParticipantThe Fed will cut rates, if anything to show that they care. But the rate cut won’t do much for mortgage rates and for housing as a whole.
One the value of Piggington is that we were discussing subprime, liar loans, and other exotics way before for press started reporting on them.
On this board, we are ahead of curve.
The talk of recovery by the financial press is simply trying to talk the market up. Remember when Bush Senior said there was no recession in the 1990s? Well the people knew there was a recession and that’s why they voted for the unknown candidate, Bill Clinton.
I won’t even begin to consider recovery until 2010, after the 2004 5-year notes reset.
ParticipantThe Fed will cut rates, if anything to show that they care. But the rate cut won’t do much for mortgage rates and for housing as a whole.
One the value of Piggington is that we were discussing subprime, liar loans, and other exotics way before for press started reporting on them.
On this board, we are ahead of curve.
The talk of recovery by the financial press is simply trying to talk the market up. Remember when Bush Senior said there was no recession in the 1990s? Well the people knew there was a recession and that’s why they voted for the unknown candidate, Bill Clinton.
I won’t even begin to consider recovery until 2010, after the 2004 5-year notes reset.
Participantjg, since you’re fond of studies, here’s one showing that young people are coming to their senses. Enjoy. 🙂
Young Americans Are Leaning Left, New Poll Finds
By ADAM NAGOURNEY and MEGAN THEE
Published: June 27, 2007
Young Americans are more likely than the general public to favor a government-run universal health care insurance system, an open-door policy on immigration and the legalization of gay marriage, according to a New York Times/CBS News/MTV poll. The poll also found that they are more likely to say the war in Iraq is heading to a successful conclusion.Participantjg, since you’re fond of studies, here’s one showing that young people are coming to their senses. Enjoy. 🙂
Young Americans Are Leaning Left, New Poll Finds
By ADAM NAGOURNEY and MEGAN THEE
Published: June 27, 2007
Young Americans are more likely than the general public to favor a government-run universal health care insurance system, an open-door policy on immigration and the legalization of gay marriage, according to a New York Times/CBS News/MTV poll. The poll also found that they are more likely to say the war in Iraq is heading to a successful conclusion.ParticipantTemecula guy, if your family weren’t so large, you’d have a good inheritance now. 🙂
——
jg, nothing wrong with a little artifice. We decorate our house, fix the dents on our cars. Why can’t we improve our looks? Improvements look great and transcent time if they’re done tastefully.
Did you see the photo of Wendi Murdoch? She’s beautiful and very smart to boot. No wonder Rupert left his second wife for the lastest bride.
Murdoch should be your role model since he owns the conservative media you love. He’ll soon own the Wall Street Journal as well.
ParticipantTemecula guy, if your family weren’t so large, you’d have a good inheritance now. 🙂
——
jg, nothing wrong with a little artifice. We decorate our house, fix the dents on our cars. Why can’t we improve our looks? Improvements look great and transcent time if they’re done tastefully.
Did you see the photo of Wendi Murdoch? She’s beautiful and very smart to boot. No wonder Rupert left his second wife for the lastest bride.
Murdoch should be your role model since he owns the conservative media you love. He’ll soon own the Wall Street Journal as well.
Participantyes, jg is always a good sport. He reminds me of my Catholic school headmaster, except my headmaster didn’t listen to heavy-metal.
I do agree with jg in several areas — tough love, hard work, good education.
Participantyes, jg is always a good sport. He reminds me of my Catholic school headmaster, except my headmaster didn’t listen to heavy-metal.
I do agree with jg in several areas — tough love, hard work, good education.
ParticipantI agree with you taz. However, I think that what_a_disasta was referring to master planned, cookie-cutter communities in North County.
ParticipantI agree with you taz. However, I think that what_a_disasta was referring to master planned, cookie-cutter communities in North County.
Participantredtide, no i don’t dig.
I could support a statement such as “let’s keep the religious talk to a minimum,” but that’s not what you said.
You said “can the recent off topic posts bashing faith/Christianity come to an end please?” That implies that the “negative, opinionated viewpoints” come from the posters doing the “bashing.”
I just wanted to point out that the “agression” is usually instigated by posters who use their religious faith as a “weapon.”
Conversations grow organically. How do you expect people to respond when a poster comes in and says “buy, buy, buy”? Granted, the poster’s only selling his ideas but when people disagree, they are entitled to say bull.
Like I said, religion is like Real Estate. If a poster came in here selling an overpriced house, I’m sure he’ll get what he asked for.
Participantredtide, no i don’t dig.
I could support a statement such as “let’s keep the religious talk to a minimum,” but that’s not what you said.
You said “can the recent off topic posts bashing faith/Christianity come to an end please?” That implies that the “negative, opinionated viewpoints” come from the posters doing the “bashing.”
I just wanted to point out that the “agression” is usually instigated by posters who use their religious faith as a “weapon.”
Conversations grow organically. How do you expect people to respond when a poster comes in and says “buy, buy, buy”? Granted, the poster’s only selling his ideas but when people disagree, they are entitled to say bull.
Like I said, religion is like Real Estate. If a poster came in here selling an overpriced house, I’m sure he’ll get what he asked for.
ParticipantI’ve been in San Diego since 1983 then moved away for a few years for school. But, no, I was not born and raised in San Diego.
A lot of people who bought a long time ago and don’t need to sell are fine. However, they are living in dated homes and can’t afford to fix them up, unless they pull equity out.
With the easy credit of the last few years, I wouldn’t be surprised to see many long time owners get in trouble because they refied money out of their homes to live the California lifestyle and to invest in more properties.
It’s not when you bought that’s important. It’s how much you owe and whether you can afford the monthly payments.
Leverage can amplify gains greatly but can also put otherwise well-to-do families in the poor house. See the colapse of the subprime hedge funds.
At the trough, I expect to see a lot of Del Mar,Solana Beach, La Jolla, Coronado, Point Loma, PB, OB, Bay Park properties come on the market. I don’t know that for sure, but I’m gonna sit back and watch the show.
We are only in the early stages of a downturn. Anyone who’s been around real estate cycles knows that the talk of recovery this early is ridiculous.
ParticipantI’ve been in San Diego since 1983 then moved away for a few years for school. But, no, I was not born and raised in San Diego.
A lot of people who bought a long time ago and don’t need to sell are fine. However, they are living in dated homes and can’t afford to fix them up, unless they pull equity out.
With the easy credit of the last few years, I wouldn’t be surprised to see many long time owners get in trouble because they refied money out of their homes to live the California lifestyle and to invest in more properties.
It’s not when you bought that’s important. It’s how much you owe and whether you can afford the monthly payments.
Leverage can amplify gains greatly but can also put otherwise well-to-do families in the poor house. See the colapse of the subprime hedge funds.
At the trough, I expect to see a lot of Del Mar,Solana Beach, La Jolla, Coronado, Point Loma, PB, OB, Bay Park properties come on the market. I don’t know that for sure, but I’m gonna sit back and watch the show.
We are only in the early stages of a downturn. Anyone who’s been around real estate cycles knows that the talk of recovery this early is ridiculous.
-
AuthorPosts
