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October 28, 2008 at 4:28 PM in reply to: Anyone change their opinion as to what and when the bottom wil be? #294751October 28, 2008 at 4:28 PM in reply to: Anyone change their opinion as to what and when the bottom wil be? #294773
peterb
ParticipantHow about a 50 mile extension cord? I think I saw the Roadrunner use something like this when the Coyote wasnt looking.
October 28, 2008 at 4:28 PM in reply to: Anyone change their opinion as to what and when the bottom wil be? #294785peterb
ParticipantHow about a 50 mile extension cord? I think I saw the Roadrunner use something like this when the Coyote wasnt looking.
October 28, 2008 at 4:28 PM in reply to: Anyone change their opinion as to what and when the bottom wil be? #294823peterb
ParticipantHow about a 50 mile extension cord? I think I saw the Roadrunner use something like this when the Coyote wasnt looking.
peterb
ParticipantActually, I’ve always liked O-side near the beach and the train station. Kind of a 50’s feel to the area. Anyone know how the price of SFR’s is holding in this area?
peterb
ParticipantActually, I’ve always liked O-side near the beach and the train station. Kind of a 50’s feel to the area. Anyone know how the price of SFR’s is holding in this area?
peterb
ParticipantActually, I’ve always liked O-side near the beach and the train station. Kind of a 50’s feel to the area. Anyone know how the price of SFR’s is holding in this area?
peterb
ParticipantActually, I’ve always liked O-side near the beach and the train station. Kind of a 50’s feel to the area. Anyone know how the price of SFR’s is holding in this area?
peterb
ParticipantActually, I’ve always liked O-side near the beach and the train station. Kind of a 50’s feel to the area. Anyone know how the price of SFR’s is holding in this area?
peterb
Participantzzz, I lived through the early 1980’s recession and I was a RE investor/participant in the early 1990’s recession. And that’s exactly what happened. Even when many places could be purchased for cashflow positive rents, the fear of job loss and/or job relocation trumped it. I believe we may well see this again. Imagine having a rental where if you get one or two months of non-occupancy, you have to cover the payments and you’ve lost your job! So now, you’ve got your own mortgage as well as the mortgage on your rental to cover. Scary scenario!
I cant remember the exact correlation but it’s a curve that’s rather steep. I lost the data about a year ago. But both Carlos Royal and Bruce Norris have very good data on this. They’re both pretty well known local RE investors.Many people on this site have not lived through this, so it’s hard for them to understand how easily this can actually happen. But it can. Unemployment is a RE killer. The facts for this are overwhelmingly strong.
peterb
Participantzzz, I lived through the early 1980’s recession and I was a RE investor/participant in the early 1990’s recession. And that’s exactly what happened. Even when many places could be purchased for cashflow positive rents, the fear of job loss and/or job relocation trumped it. I believe we may well see this again. Imagine having a rental where if you get one or two months of non-occupancy, you have to cover the payments and you’ve lost your job! So now, you’ve got your own mortgage as well as the mortgage on your rental to cover. Scary scenario!
I cant remember the exact correlation but it’s a curve that’s rather steep. I lost the data about a year ago. But both Carlos Royal and Bruce Norris have very good data on this. They’re both pretty well known local RE investors.Many people on this site have not lived through this, so it’s hard for them to understand how easily this can actually happen. But it can. Unemployment is a RE killer. The facts for this are overwhelmingly strong.
peterb
Participantzzz, I lived through the early 1980’s recession and I was a RE investor/participant in the early 1990’s recession. And that’s exactly what happened. Even when many places could be purchased for cashflow positive rents, the fear of job loss and/or job relocation trumped it. I believe we may well see this again. Imagine having a rental where if you get one or two months of non-occupancy, you have to cover the payments and you’ve lost your job! So now, you’ve got your own mortgage as well as the mortgage on your rental to cover. Scary scenario!
I cant remember the exact correlation but it’s a curve that’s rather steep. I lost the data about a year ago. But both Carlos Royal and Bruce Norris have very good data on this. They’re both pretty well known local RE investors.Many people on this site have not lived through this, so it’s hard for them to understand how easily this can actually happen. But it can. Unemployment is a RE killer. The facts for this are overwhelmingly strong.
peterb
Participantzzz, I lived through the early 1980’s recession and I was a RE investor/participant in the early 1990’s recession. And that’s exactly what happened. Even when many places could be purchased for cashflow positive rents, the fear of job loss and/or job relocation trumped it. I believe we may well see this again. Imagine having a rental where if you get one or two months of non-occupancy, you have to cover the payments and you’ve lost your job! So now, you’ve got your own mortgage as well as the mortgage on your rental to cover. Scary scenario!
I cant remember the exact correlation but it’s a curve that’s rather steep. I lost the data about a year ago. But both Carlos Royal and Bruce Norris have very good data on this. They’re both pretty well known local RE investors.Many people on this site have not lived through this, so it’s hard for them to understand how easily this can actually happen. But it can. Unemployment is a RE killer. The facts for this are overwhelmingly strong.
peterb
Participantzzz, I lived through the early 1980’s recession and I was a RE investor/participant in the early 1990’s recession. And that’s exactly what happened. Even when many places could be purchased for cashflow positive rents, the fear of job loss and/or job relocation trumped it. I believe we may well see this again. Imagine having a rental where if you get one or two months of non-occupancy, you have to cover the payments and you’ve lost your job! So now, you’ve got your own mortgage as well as the mortgage on your rental to cover. Scary scenario!
I cant remember the exact correlation but it’s a curve that’s rather steep. I lost the data about a year ago. But both Carlos Royal and Bruce Norris have very good data on this. They’re both pretty well known local RE investors.Many people on this site have not lived through this, so it’s hard for them to understand how easily this can actually happen. But it can. Unemployment is a RE killer. The facts for this are overwhelmingly strong.
peterb
ParticipantNo, 3 weeks from today! Yeah, that’s it.
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