Forum Replies Created
-
AuthorPosts
-
SD Realtor
ParticipantFor kicks, just go ahead and google “food prices” or “sugar prices” or “cotton prices” or “orange juice prices”. While on one hand all of these commodities are intimately tied to oil, they were running up at a pretty fast clip prior to the latest hysteria.
Again, can anyone here tell me that the bill they get from wastewater services has gone down or is only 1% higher this year then it was a year or 2 years ago?
To me, and I am fairly simplistic, the squeezing from one bubble to another bubble to another bubble is obvious. We had stocks overvalued…pop… they seriously depreciated. We had real estate overvalued…pop… depreciated but so much of that securitized (yet depreciated) asset is still out there…so how does that play out… it plays out in the form of deflation? Okay that is fine… so your dollars may buy more of that overinflated asset but I don’t see it buying other commodities.
I do not believe the “demand” for water has skyrocketed so is it correct to say that the price increases we have seen is due to demand? I guess it could be argued that it is due to supply but remember your bill is also tied to sewage and wast collection. Maybe I am wrong and nobody else is experiences these price increases. I do tend to live in my own world.
ParticipantFor kicks, just go ahead and google “food prices” or “sugar prices” or “cotton prices” or “orange juice prices”. While on one hand all of these commodities are intimately tied to oil, they were running up at a pretty fast clip prior to the latest hysteria.
Again, can anyone here tell me that the bill they get from wastewater services has gone down or is only 1% higher this year then it was a year or 2 years ago?
To me, and I am fairly simplistic, the squeezing from one bubble to another bubble to another bubble is obvious. We had stocks overvalued…pop… they seriously depreciated. We had real estate overvalued…pop… depreciated but so much of that securitized (yet depreciated) asset is still out there…so how does that play out… it plays out in the form of deflation? Okay that is fine… so your dollars may buy more of that overinflated asset but I don’t see it buying other commodities.
I do not believe the “demand” for water has skyrocketed so is it correct to say that the price increases we have seen is due to demand? I guess it could be argued that it is due to supply but remember your bill is also tied to sewage and wast collection. Maybe I am wrong and nobody else is experiences these price increases. I do tend to live in my own world.
ParticipantFor kicks, just go ahead and google “food prices” or “sugar prices” or “cotton prices” or “orange juice prices”. While on one hand all of these commodities are intimately tied to oil, they were running up at a pretty fast clip prior to the latest hysteria.
Again, can anyone here tell me that the bill they get from wastewater services has gone down or is only 1% higher this year then it was a year or 2 years ago?
To me, and I am fairly simplistic, the squeezing from one bubble to another bubble to another bubble is obvious. We had stocks overvalued…pop… they seriously depreciated. We had real estate overvalued…pop… depreciated but so much of that securitized (yet depreciated) asset is still out there…so how does that play out… it plays out in the form of deflation? Okay that is fine… so your dollars may buy more of that overinflated asset but I don’t see it buying other commodities.
I do not believe the “demand” for water has skyrocketed so is it correct to say that the price increases we have seen is due to demand? I guess it could be argued that it is due to supply but remember your bill is also tied to sewage and wast collection. Maybe I am wrong and nobody else is experiences these price increases. I do tend to live in my own world.
ParticipantSorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.
Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.
**********
While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.
ParticipantSorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.
Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.
**********
While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.
ParticipantSorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.
Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.
**********
While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.
ParticipantSorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.
Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.
**********
While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.
ParticipantSorry but I do not believe that my sdge bill, or my water bill, or my food bill has only gone up by a mild 1 or 2%. Check the price of sugar and cotton. Check the price of orange juice.
Also, even before the mideast crisis the cost of oil was well above 2% what it was last year.
**********
While CAR and I do not agree on alot of things, and while I am one of those naughty investors depriving the county of precious inventory, we do agree on some basics. We both do not believe (I think) that being told that the solutions put forth during the crisis were the only way to avert financial disaster. That there could have been more well thought out ways to get past the difficult periods. I cannot speak for CAR and I am certainly not the fatalist that Arraya is, however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.
ParticipantWowsers you are right. The previous owner who had it foreclosed on was the listing agent who tried to sell it for 1.1M. Kathleen Studer….
So it then goes to trustee sale and gets bought for a penny over and then right back on and sold. I wonder what it is pending at.
Yes we have been to many many trustee sales jave but we stopped going several months ago because of tightening margins, way way way increased numbers of bidders, and more complications coming from title issues and litigation. Furthermore the lenders are also tightening up on a 90 day seasoning rule, not all of them are but most of them are. So you have to hold it for 90 days.
However if you had 720k in cash around or wanted to find a hard money lender to loan you a few hundred k then there you go.
Yes the pros missed out on this one but someone is gonna make a quick 120k or more depending on what the previous property tax liens were.
Socal Business Partners LLC. They are regulars there.
ParticipantWowsers you are right. The previous owner who had it foreclosed on was the listing agent who tried to sell it for 1.1M. Kathleen Studer….
So it then goes to trustee sale and gets bought for a penny over and then right back on and sold. I wonder what it is pending at.
Yes we have been to many many trustee sales jave but we stopped going several months ago because of tightening margins, way way way increased numbers of bidders, and more complications coming from title issues and litigation. Furthermore the lenders are also tightening up on a 90 day seasoning rule, not all of them are but most of them are. So you have to hold it for 90 days.
However if you had 720k in cash around or wanted to find a hard money lender to loan you a few hundred k then there you go.
Yes the pros missed out on this one but someone is gonna make a quick 120k or more depending on what the previous property tax liens were.
Socal Business Partners LLC. They are regulars there.
ParticipantWowsers you are right. The previous owner who had it foreclosed on was the listing agent who tried to sell it for 1.1M. Kathleen Studer….
So it then goes to trustee sale and gets bought for a penny over and then right back on and sold. I wonder what it is pending at.
Yes we have been to many many trustee sales jave but we stopped going several months ago because of tightening margins, way way way increased numbers of bidders, and more complications coming from title issues and litigation. Furthermore the lenders are also tightening up on a 90 day seasoning rule, not all of them are but most of them are. So you have to hold it for 90 days.
However if you had 720k in cash around or wanted to find a hard money lender to loan you a few hundred k then there you go.
Yes the pros missed out on this one but someone is gonna make a quick 120k or more depending on what the previous property tax liens were.
Socal Business Partners LLC. They are regulars there.
ParticipantWowsers you are right. The previous owner who had it foreclosed on was the listing agent who tried to sell it for 1.1M. Kathleen Studer….
So it then goes to trustee sale and gets bought for a penny over and then right back on and sold. I wonder what it is pending at.
Yes we have been to many many trustee sales jave but we stopped going several months ago because of tightening margins, way way way increased numbers of bidders, and more complications coming from title issues and litigation. Furthermore the lenders are also tightening up on a 90 day seasoning rule, not all of them are but most of them are. So you have to hold it for 90 days.
However if you had 720k in cash around or wanted to find a hard money lender to loan you a few hundred k then there you go.
Yes the pros missed out on this one but someone is gonna make a quick 120k or more depending on what the previous property tax liens were.
Socal Business Partners LLC. They are regulars there.
ParticipantWowsers you are right. The previous owner who had it foreclosed on was the listing agent who tried to sell it for 1.1M. Kathleen Studer….
So it then goes to trustee sale and gets bought for a penny over and then right back on and sold. I wonder what it is pending at.
Yes we have been to many many trustee sales jave but we stopped going several months ago because of tightening margins, way way way increased numbers of bidders, and more complications coming from title issues and litigation. Furthermore the lenders are also tightening up on a 90 day seasoning rule, not all of them are but most of them are. So you have to hold it for 90 days.
However if you had 720k in cash around or wanted to find a hard money lender to loan you a few hundred k then there you go.
Yes the pros missed out on this one but someone is gonna make a quick 120k or more depending on what the previous property tax liens were.
Socal Business Partners LLC. They are regulars there.
ParticipantDon’t waste your breathe CAR it is not worth it. The ramifications are stunning of how it all went down. It continued the legacy of business controlling the govt and essentially stealing tax dollars. In reality we will find out that the govt more then likely funnelled much more money then we ever imagined into it. Furthermore it will take several years to see how much damage we caused. I could only wish that I could be pacified in such a manner and simply accept how things were, how they are, and how they will be.
Hey the govt saved us all from a monster of a depression, and our country is in a great recovery, and even Japan, well they seem to be plugging along as well.
Nothing to see here folks. Things are fine.
-
AuthorPosts
