[sdcellar]

Yes, a poor sense of humor.

[sdcellar]

Very fair. Sorry too if it seemed like I was lumping you in with some of the (extreme) Bush bashing that’s gone on lately. I only remember a particularly virulent few and I didn’t have you in my head as one of those.

[sdcellar]

So you’re running with Rush spreads unsubstantiated rumors, so it’s cool for you to do the same? Wouldn’t be my approach.

Also, “Like him or not…”? Different rules apply for JFK than for GWB? Pretty funny given what’s gone back and forth on Pigggington’s lately.

[sdcellar]

Most landlords don’t want you leave after one year. That’s just a “standard” lease term. It’s far easier and cheaper to keep you as a tenant than to find someone else.

…unless you’re a troublemaker!

Don’t get discouraged and don’t let a realtor play mind games with you. I wouldn’t talk to either of these guys again if that’s what they’re coming at you with.

A good realtor doesn’t consider it his job to convince you to buy.

[sdcellar]

I think I’ve learned a few things, but mostly I just find the threads frustrating and even moreso, when I post myself, I usually regret it (because what I really want is for the thread to just die).

[sdcellar]

From the article:

“This tells me the American Dream is alive,” said Christopher Cagan, director of research and analytics at First American Real Estate Solutions.

Another fine quote from that mouthpiece. I guess he’s comfortable with leaving out “past performance is no indication of future return”.

[sdcellar]

This just occured to me for the first time, but you say that “because our reasoning for the ware was misguided, the war turned into a quagmire.” I’ve heard this sentiment many times, but thinking about it, what would be different if we had found these much ballyhooed WMDs? I suppose we might have more global support at this point, but also feel that such support might be in spirit only. Either way, we’d still be there right now, wouldn’t we?

Not trying to pick sides or anything here. I’m just wondering how things would be different. For some reason, I don’t feel they’d be that different–war sucks, nobody likes it, and when it’s all said and done, people want it over.

(also PC, you didn’t say WMDs yourself, I just wedged that in there because I seem to hear it a lot elsewhere… and I’m just kind of running stream of conciousness here)

[sdcellar]

davelj– That’s sheer madness and crazy talk. You are clearly too rational and level headed.

Sorry for the namecalling, but I see no other way to get you to become a full blown mongerer of doom yourself.

[sdcellar]

Okay now, that’s the exact same quote my brother-in-law referenced. Is this a topic somewhere?

[sdcellar]

DemocratIC party

Ha, that’s funny. My brother-in-law was complaining about the exact same thing this morning. Was it a news piece somewhere?

I’d never noticed, but I don’t listen to right-wing media types much (but I guess a lot of lefties do?). I suspect it might also have something to do with the general decay in the use of the English language (hell, I think I’m getting pretty bad myself).

[sdcellar]

Well, right now rents are significantly cheaper than owning and we know which way prices are heading for the privilege of ownership, so I’ll keep on waiting for the time being, thank you very much.

[sdcellar]

The Housing Bubble Blog

Rich also puts links to recent topics on Ben’s blog (and others) on the bottom right corner of the Piggington home page every day. Worth checking out.

[sdcellar]

I’m not sure why you quote this guy as he seems as much a cheerleader of the RE industry as anybody else on that side of the fence. His message is always the same, i.e. sure there will be some decline, some defaults, but it will be spread over a number of years and won’t really have any significant impact on anything. Cagan’s as bad as David Lereah if you ask me.

(not to mention, he’s not really supporting your point)

[sdcellar]

So, those sound like the current rates (6.8 on Stafford and 8.5 on PLUS). Doesn’t sound unreasonable to me. Are these the ones they’re talking about cutting in half?

[sdcellar]

A decidedly narrow view, but I know when we bought our home in 2001, I was worried that housing seemed a bit overpriced at that time. The house had certainly appreciated substantially since the previous purchase in 1998. I rationalized it has improvements made to the place and recovery from the decline during the 90s (since curves go both ways), but it still seemed bubbly to me (even though I didn’t know the term at the time).

Anyone else who thought things started to look funny in 2001?

Also, didn’t the only real hiccup in the last five years take place in late 2001 before things started taking off again? I feel like the stock market boom stoked the housing market, 9/11 cooled it off, and subsequent measures and reaction to same got it going again.

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