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surveyor
Participant[quote=briansd1]I actually think that CA Renter makes a good point about human psychology.
I think that there’s an aversion to handing a huge profit to a seller, especially when we know for certain what the seller paid for the item.
That’s what we call usury.
[/quote]No, Brian. Usury is something else.
usury: an exorbitant or unlawful rate of interest
usury: (comes from the Medieval Latin usuria, “interest” or from the Latin usura “interest”) originally meant the charging of interest on loans. This would have included charging a fee for the use of money, such as at a bureau de change.
usury: Charging interest in excess of the maximum rate as set by law.
Participant[quote=briansd1]I actually think that CA Renter makes a good point about human psychology.
I think that there’s an aversion to handing a huge profit to a seller, especially when we know for certain what the seller paid for the item.
That’s what we call usury.
[/quote]No, Brian. Usury is something else.
usury: an exorbitant or unlawful rate of interest
usury: (comes from the Medieval Latin usuria, “interest” or from the Latin usura “interest”) originally meant the charging of interest on loans. This would have included charging a fee for the use of money, such as at a bureau de change.
usury: Charging interest in excess of the maximum rate as set by law.
Participant[quote=briansd1]I actually think that CA Renter makes a good point about human psychology.
I think that there’s an aversion to handing a huge profit to a seller, especially when we know for certain what the seller paid for the item.
That’s what we call usury.
[/quote]No, Brian. Usury is something else.
usury: an exorbitant or unlawful rate of interest
usury: (comes from the Medieval Latin usuria, “interest” or from the Latin usura “interest”) originally meant the charging of interest on loans. This would have included charging a fee for the use of money, such as at a bureau de change.
usury: Charging interest in excess of the maximum rate as set by law.
ParticipantI’m not surprised it happened. I see it all the time over there.
If you can find out who built it, the original engineer might have it on file.
ParticipantI’m not surprised it happened. I see it all the time over there.
If you can find out who built it, the original engineer might have it on file.
ParticipantI’m not surprised it happened. I see it all the time over there.
If you can find out who built it, the original engineer might have it on file.
ParticipantI’m not surprised it happened. I see it all the time over there.
If you can find out who built it, the original engineer might have it on file.
ParticipantI’m not surprised it happened. I see it all the time over there.
If you can find out who built it, the original engineer might have it on file.
Participantbene gesserit
I will admit that a lot of the posts that scaredycat puts up has me muttering to myself:
“Fear is the mind-killer…”
Participantbene gesserit
I will admit that a lot of the posts that scaredycat puts up has me muttering to myself:
“Fear is the mind-killer…”
Participantbene gesserit
I will admit that a lot of the posts that scaredycat puts up has me muttering to myself:
“Fear is the mind-killer…”
Participantbene gesserit
I will admit that a lot of the posts that scaredycat puts up has me muttering to myself:
“Fear is the mind-killer…”
Participantbene gesserit
I will admit that a lot of the posts that scaredycat puts up has me muttering to myself:
“Fear is the mind-killer…”
February 16, 2010 at 2:53 PM in reply to: Shall we buy or never in San Diego or wait for more depreciation? #514199Participant$500k
Obviously the op believes that appreciation will occur over the next few years.
I will say that it is not recommended to buy a rental property of around $500k (unless multi-unit). More difficult to rent a place that requires $2000 to rent vs. a place that requires $1000 of rent. There are more renters at the $1000 price point than there is at $2000.
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