[SK in CV]

[quote=ltsdd]
That’s fair enough. So, in your opinion, who do you think was behind the 9/11 attack?[/quote]

Not Saddam Hussein.

[SK in CV]

[quote=ltsdd]Maybe I read too much into her quote regarding her having “doubts about the story behind the 9-11 attacks”. Those guys were all angels.[/quote]

That puts her opinion right in line with a significant number of americans. Should they all have their citizenship revoked? Five years ago, almost 40% of Canadians were unsure that AQ carried out the attack. So should we lock our northern border?

http://en.wikipedia.org/wiki/Opinion_polls_about_9/11_conspiracy_theories

[SK in CV]

[quote=ltsdd][quote=SK in CV]Do you mean that prospective immigrants should all be asked the following question?

“when your nephews set off a bomb at the boston marathon, will you be supportive of them?”

And if they say yes, don’t let them in. And if they say no, don’t let them in because her nephews are terrorists.

Does that work for you?[/quote]

In your mind, the 9-11 attack was a fabrication? Planes flew into buildings resulted in thousands of deaths were just a setup?[/quote]

So now you’re just making shit up. I didn’t say anything like that, and neither did she. So I’ll ask again, what exactly do you mean by “like this”?

[SK in CV]

Do you mean that prospective immigrants should all be asked the following question?

“when your nephews set off a bomb at the boston marathon, will you be supportive of them?”

And if they say yes, don’t let them in. And if they say no, don’t let them in because her nephews are terrorists.

Does that work for you?

[SK in CV]

[quote=ltsdd]How and why did we allow people like this into our country. Not only she doubts her nephews were involved in the bombings but also the story about the 9-11 attacks.

http://news.yahoo.com/blogs/lookout/suspect-aunt-says-she-suspicious-investigation-190616201.html%5B/quote%5D

What do you mean by “like this”?

[SK in CV]

[quote=bearishgurl]
I suppose there are people who DO pay them off in a timely manner but I don’t know any. Everyone I ever knew who has them have taken one or more deferrals and is paying only the minimum monthly payments on them.

[/quote]

Obviously, you don’t know everyone, only the deadbeats. The Cal State system universities mostly have default rates between 5 and 10%, with only one as high as 10%, and a couple, like SDSU, below 5%. The UC’s are better. Only one has a default rate of 5%, the rest are lower.

[SK in CV]

False flag. Those amputees are all actors. We’re not being told the truth.

[SK in CV]

[quote=no_such_reality]
GMO and cross breeding have the same results, just different methods to get the genes desired. The downside of the GMO is it’s possible to get genes in the DNA stream that otherwise are not possible and the impacts of those are not known.[/quote]

That’s a pretty important idea there that a lot of anti-science/anti-GMO rhetoric skips. There’s a perception that all GMOs are both harmful and willfully dangerous. Though there really hasn’t been much study, the vast majority of GMO products are probably benign at worst. And the really bad ones, if there are any, probably aren’t much worse than that.

Edited to add….

This is not an endorsement of the law or the process. Big business OWNS congress. That sucks.

[SK in CV]

[quote=desmond]
The reason the housing market is so “affordable” is because few can afford it. If they could than it would not be “affordable”.[/quote]

This makes sense in an opposite universe. Not the one I live in.

[SK in CV]

[quote=SD Realtor]The new normal is waiving your appraisal contingency. Seeing that much more. I am sure it is temporary until we get through this leg up.[/quote]

So what happens when the property doesn’t appraise? Prospective buyer loses deposit? Is that happening much?

[SK in CV]

[quote=moneymaker] Today just reinforces my disbelief in Apple having a beta of .666[/quote]

Apple is the devil!

I think what you’re missing is that beta is not a measurement of volatility.

[SK in CV]

[quote=dumbrenter]Isn’t the volatility defined relative to an index? If the market goes down 10% and your stock does the same, then there is no volatility at all.[/quote]

Beta is (in theory) a correlative indicator. If the index and the target both move the same, then the correlation would be 1, whether the delta is 1%, 10% or 50%. (And a 10% move IS the volatility.)

[SK in CV]

Great points CAR. I’ve often read that higher interest rates haven’t historically had an adverse effect on housing prices, therefore if interest rates rise now, prices won’t be affected. I think that argument always ignores other market dynamics. We do know that in the past higher interest rates do not have a high correlation with falling prices. But what we don’t know is what would have happened to prices if not but for rising interest rates.

With identical market conditions, economists can predict what will happen to prices. But we rarely have identical market conditions. Population demographics can change sharply by decade. My own expectation is that shifting demographics will (within the next 10 years) decrease the need for some kinds of housing (large SFRs) and sharply increase the need for others (retirement communities catering to retiring boomers). Yet the facts are nobody knows what us aging boomers will do. We may stay in our houses until we die. Or we may sharply downsize. But whatever we do, it will affect housing prices, just as interest rates will.

[SK in CV]

I left Carmel Valley in June 2011.

I have no issue with anything you said about the past.

I was just taking issue with the best areas being the least interest rate sensitive. With the exception of the >$1.5 million areas, I don’t think that’s true, if by the best, you mean the most expensive. I’m not sure there is much in the way of “best areas” in central SD, south county or east county. Not none, but not much.

Out of curiosity, how do you know most of the sales are all cash? That really doesn’t sound like owner occupied. It sounds like investors.

[SK in CV]

[quote=bearishgurl]
At present, a good portion of buyers are making all-cash or mostly-cash offers.

It is the heavily-leveraged buyer who will find themselves shopping in successively lower tiers of homes as interest rates rise.

In coastal CA counties, the best areas to live in are the ones which are the least interest-rate sensitive. This is why highly-leveraged buyers’ choices will lessen even more in the wake of higher MIRs.[/quote]

Do you know this or are you just guessing?

It seems unlikely to me that a good portion of buyers are coming in with all cash or anything close to it in the higher priced neighborhoods, unless you’re talking about La Jolla or RSF. In the 10 years I lived in Carmel Valley, I never knew a single person whose house was paid off. Most had big mortgages.

Is this just speculation on your part?

[Author]

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