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sdduuuude
Participant[quote=patientrenter]The title is very telling. Apparently a lower demand for owner occupied housing – in other words, lower house prices – is considered “ruin” for the housing market.
In reality, the more affordable housing becomes, the better for the economy and for society at large. Would we cheer for higher oil prices? Or for higher bread prices? Housing is just a simple consumer good, and cheaper (for the same quality) is better.[/quote]
Well said. Furthermore, if housing does become more affordable, then those same Millenials may start rethinking their strategy as buying becomes more cost effective than renting.
Yes, even who value education, people and leisure more than other generations will still do the basic personal financial analysis of “rent vs. buy”, especially when they have a family – and I’m right in saying young people are still having sex, yes ?
And thus, the market equillibrates …
ParticipantI’m not a lawyer but I think you have a reasonable gripe. Patb’s comments are sort of true, but you aren’t so concerned about the drainage issue, but about the conduct of the realtor and if you can hold the realtor’s feet to the fire, go for it.
Also, signing something that says you are willing to deal w/ the property “as is” is not the same as signing something that says you waive your right to disclosure.
Maybe talk to a lawyer first to understand the strength of your position. Then call the agent’s broker directly, tell him/her your plans and see if they’ll refund you enough cash to keep you out of court. Definitely threaten to go after damages as well as your legal fees also.
Participant[quote=paramount]BUY REAL ESTATE NOW
Brought to you by NAR[/quote]
Because now is a good time to buy or sell a home.
December 16, 2011 at 10:23 AM in reply to: OT: Found any good deals for Xmas? Care to share? #734733Participant[quote=briansd1][quote=walterwhite]Don’t buy gifts. Just don’t. We have saved thousands of dollars by never buying our kids Xmas or birthday gifts. It’s brilliant. Just buy stuff as u go along, get better deals , buy as needed.
No gifts!!![/quote]
I’m all for that. No gifts!!![/quote]
What ?!?! Gifts are the best because you can gift someone up to 13K and they won’t pay any tax on it.
Give more gifts !
Participant[quote=Jacarandoso]I like the idea some piggs have expressed about buying a rental that becomes a place for the kids to stay when they go to college.[/quote]
Hmmmm. I haven’t heard anyone mention it, but I like it. Not sure if I will be able to keep my Clairemont house when we move north but that is a pretty compelling reason.
Participant[quote=FormerSanDiegan]My original post was a bit light on details …[/quote]
HAHAHAHA. “a bit light”
That’s hilarious.Participant[quote=FormerSanDiegan][quote=CA renter][quote=sdduuuude]Uh huh.
http://piggington.com/welcome_to_the_bottom
O.o[/quote]
LOL! 🙂
Which is it, FSD? 2009 or 2011?
Personally, my money is on December 2012.[/quote]
I was correct (so far) on the bottom call. April 17, 2009 at 9:37 pm. is still the bottom in terms of nominal price.
That is different than making a call to buy real estate.[/quote]
Seriously, that April 17 2009 call was pretty good and doesn’t mean the call to buy real estate is bad. I’m just havin’ a bit of fun. Dec. 2012 sounds right to me as well for the bottom. Possibly Dec 2013. They’ll be pretty close.
ParticipantDecember 15, 2011 at 12:08 AM in reply to: In case the ignore user feature doesn’t do the trick #734682ParticipantKilling me w/ that one. Very funny.
Participant[quote=bearishgurl][quote=sdduuuude]Wow. Your shortest post ever. Nice work :)[/quote]
I find it odd that you post this, sdduuuude. I could name off a couple dozen Piggs whose posts are habitually longer than mine.
Does this mean you are on board with or agree with the substance or content of my posts since all you appear to have to say here is (“they”) are “too long?”
Or do you just have issues with your reading comprehension and/or attention span …??
LOL . . . ;=D[/quote]
To be honest, I neither agree or disagree with you because your posts are so numerous and long that I simply don’t have the patience to get through them.
I look for posts with a high insight-per-word ratio – possibly due to my attention span, yes, thank you.
At least I haven’t ignored you.
I was being a little friendly and hinting that shorter posts would serve you (and every one else) better, in my opinion.
Participant[quote=bearishgurl]FWIW, I won’t be ignoring any Pigg at present, REGARDLESS of their “idiosyncrasies.” I enjoy reading EVERYONE’s posts …
If any Pigg wishes to “ignore” me, GO FOR IT!! And more power to ya …[/quote]
Wow. Your shortest post ever. Nice work 🙂
ParticipantI think Keynsian economics does work. Creating credit out of thin-air helps stimulate and kick-start things. It accellerates the economy and allows it to grow more quickly. People buy stuff and the economy grows. Makes sense.
I believe, however, there is an optimal level of debt. Not enough is bad. Too much is also bad. And, once you are past the point of optimality, piling it on gets you farther from optimality.
We are well past that point and whomever writes articles like this doesn’t realize it.
It is analagous to priming an engine with gasoline. If you put just enough fuel in there, the engine starts, but if you flood it, adding more gasoline isn’t going to start the engine, even though we all know that engines run on gasoline.
Participant[quote=briansd1]Isn’t that what capitalism is all about?[/quote]
No. Capitalism in a free society is about making your own decisions about your own money, regardless of where that might take the economy.
Participant[quote=walterwhite]Probably true but I’m not buying it.[/quote]
HA ! Perfectly stated.
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