Forum Replies Created
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Reality
Participant“You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..”
There’s no rent premium in the nicer neighborhoods???
Participant“You can’t apply 10 – 12X annual rent or some other weird equation to predict the “real ” price of the house in better neighborhoods because the good neighborhoods have a premium..”
There’s no rent premium in the nicer neighborhoods???
Participant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
Participant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
Participant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
Participant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
Participant“However people doubting assets, salaries, and purchasing power of others are doing so because they apply thier own purchasing power, life experience, salaries and circle of friends to the county population in general.”
Who is doing this? Of course some people have a lot of money and I haven’t read anything here that indicates anyone doubts that. But you seem to think there are tons of folks with stacks of cash. Maybe you’ve been around the rich too much and it’s skewed your thinking.
April 15, 2008 at 7:15 PM in reply to: A close friend/relative wants to borrow money. What do you do? #187923Participant“5 years ago I “loaned” a friend $750 which was supposed to be “short-term” until she cashed out some stocks. Well here we are, 5 years later, a few vacations later, another $150 loan and guess what…no mention of my original or second “LOAN”. In fact, the friend seems to have forgotten the whole thing.
The good thing for me it was not very much and was not worth losing a friend.”
Wow. With friends like that, ……….
Whether or not the amount is trivial to you, either you have honorable friends or you don’t.
How would you rate this one?
April 15, 2008 at 7:15 PM in reply to: A close friend/relative wants to borrow money. What do you do? #187944Participant“5 years ago I “loaned” a friend $750 which was supposed to be “short-term” until she cashed out some stocks. Well here we are, 5 years later, a few vacations later, another $150 loan and guess what…no mention of my original or second “LOAN”. In fact, the friend seems to have forgotten the whole thing.
The good thing for me it was not very much and was not worth losing a friend.”
Wow. With friends like that, ……….
Whether or not the amount is trivial to you, either you have honorable friends or you don’t.
How would you rate this one?
April 15, 2008 at 7:15 PM in reply to: A close friend/relative wants to borrow money. What do you do? #187976Participant“5 years ago I “loaned” a friend $750 which was supposed to be “short-term” until she cashed out some stocks. Well here we are, 5 years later, a few vacations later, another $150 loan and guess what…no mention of my original or second “LOAN”. In fact, the friend seems to have forgotten the whole thing.
The good thing for me it was not very much and was not worth losing a friend.”
Wow. With friends like that, ……….
Whether or not the amount is trivial to you, either you have honorable friends or you don’t.
How would you rate this one?
April 15, 2008 at 7:15 PM in reply to: A close friend/relative wants to borrow money. What do you do? #187987Participant“5 years ago I “loaned” a friend $750 which was supposed to be “short-term” until she cashed out some stocks. Well here we are, 5 years later, a few vacations later, another $150 loan and guess what…no mention of my original or second “LOAN”. In fact, the friend seems to have forgotten the whole thing.
The good thing for me it was not very much and was not worth losing a friend.”
Wow. With friends like that, ……….
Whether or not the amount is trivial to you, either you have honorable friends or you don’t.
How would you rate this one?
April 15, 2008 at 7:15 PM in reply to: A close friend/relative wants to borrow money. What do you do? #187991Participant“5 years ago I “loaned” a friend $750 which was supposed to be “short-term” until she cashed out some stocks. Well here we are, 5 years later, a few vacations later, another $150 loan and guess what…no mention of my original or second “LOAN”. In fact, the friend seems to have forgotten the whole thing.
The good thing for me it was not very much and was not worth losing a friend.”
Wow. With friends like that, ……….
Whether or not the amount is trivial to you, either you have honorable friends or you don’t.
How would you rate this one?
Participant“I also take sdrealtor’s side on this. First off, most people at those price levels are not first-time buyers, so down payments are not necessarily a huge hurdle (think middle age professionals who have substantial equity in their present house). Getting rid of the present house may actually be more of an issue.”
Why should “getting rid of” a house be an issue? Maybe because it isn’t priced right? It’s harder to move up if you don’t have the equity you think you do.
Participant“I also take sdrealtor’s side on this. First off, most people at those price levels are not first-time buyers, so down payments are not necessarily a huge hurdle (think middle age professionals who have substantial equity in their present house). Getting rid of the present house may actually be more of an issue.”
Why should “getting rid of” a house be an issue? Maybe because it isn’t priced right? It’s harder to move up if you don’t have the equity you think you do.
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