[temeculaguy]

I agree with capeman and others, something stinks in denmark. Avoid it, too many variables, shareholders are of little concern to the gov’t and they will be the first to be wiped out when it reorganizes. A real bank would wipe out the fb’s before the shareholders but not this one. They recently released statements to the press that they would dump their inventory, I fear the math will get ugly when they do. They may also be forced to take losses to appease the politicos even if it means losing even more money.

[temeculaguy]

I agree with capeman and others, something stinks in denmark. Avoid it, too many variables, shareholders are of little concern to the gov’t and they will be the first to be wiped out when it reorganizes. A real bank would wipe out the fb’s before the shareholders but not this one. They recently released statements to the press that they would dump their inventory, I fear the math will get ugly when they do. They may also be forced to take losses to appease the politicos even if it means losing even more money.

[temeculaguy]

I agree with capeman and others, something stinks in denmark. Avoid it, too many variables, shareholders are of little concern to the gov’t and they will be the first to be wiped out when it reorganizes. A real bank would wipe out the fb’s before the shareholders but not this one. They recently released statements to the press that they would dump their inventory, I fear the math will get ugly when they do. They may also be forced to take losses to appease the politicos even if it means losing even more money.

[temeculaguy]

I agree with capeman and others, something stinks in denmark. Avoid it, too many variables, shareholders are of little concern to the gov’t and they will be the first to be wiped out when it reorganizes. A real bank would wipe out the fb’s before the shareholders but not this one. They recently released statements to the press that they would dump their inventory, I fear the math will get ugly when they do. They may also be forced to take losses to appease the politicos even if it means losing even more money.

[temeculaguy]

I think the percentages are going to be similar, probably 80% male. About ten regular posters are female. My guess at the piggy demographics is 90% married and 90% in their 30’s to 60’s, if that is what you refer to as middle aged. Piggington gals are a rare breed, I rank them in the top 5% of their species, most are educated, sensible, good with numbers and think like men, they are keepers, which may be why they are all married.

[temeculaguy]

I think the percentages are going to be similar, probably 80% male. About ten regular posters are female. My guess at the piggy demographics is 90% married and 90% in their 30’s to 60’s, if that is what you refer to as middle aged. Piggington gals are a rare breed, I rank them in the top 5% of their species, most are educated, sensible, good with numbers and think like men, they are keepers, which may be why they are all married.

[temeculaguy]

I think the percentages are going to be similar, probably 80% male. About ten regular posters are female. My guess at the piggy demographics is 90% married and 90% in their 30’s to 60’s, if that is what you refer to as middle aged. Piggington gals are a rare breed, I rank them in the top 5% of their species, most are educated, sensible, good with numbers and think like men, they are keepers, which may be why they are all married.

[temeculaguy]

I think the percentages are going to be similar, probably 80% male. About ten regular posters are female. My guess at the piggy demographics is 90% married and 90% in their 30’s to 60’s, if that is what you refer to as middle aged. Piggington gals are a rare breed, I rank them in the top 5% of their species, most are educated, sensible, good with numbers and think like men, they are keepers, which may be why they are all married.

[temeculaguy]

I think the percentages are going to be similar, probably 80% male. About ten regular posters are female. My guess at the piggy demographics is 90% married and 90% in their 30’s to 60’s, if that is what you refer to as middle aged. Piggington gals are a rare breed, I rank them in the top 5% of their species, most are educated, sensible, good with numbers and think like men, they are keepers, which may be why they are all married.

[temeculaguy]

rent vs own calculators are kinda tricky because they ask you determine the annula appreciation. If you use case shiller, there is no appreciation. To make it easy, use this formula, when the asking price is equal to or less than 150 rent payments, you can start looking, when it hits 125 look real hard, at 100, it’s a no brainer. If you are paying 1500 a month, 150k=buy immediately, 187k, look real hard, 225k, that when you begin to shop but anything more, rent. The hoa, taxes, insurance are roughly offset by the tax deduction so just go with a pure rent multiplier.

You may think it is not possible but investors shop with numbers, not emotions. they can find 125k multiplier properties elsewhere, so that is where they are going to go, not 200x multipliers. If they wont buy and you wont buy, the price goes down, it really is that simple.

[temeculaguy]

rent vs own calculators are kinda tricky because they ask you determine the annula appreciation. If you use case shiller, there is no appreciation. To make it easy, use this formula, when the asking price is equal to or less than 150 rent payments, you can start looking, when it hits 125 look real hard, at 100, it’s a no brainer. If you are paying 1500 a month, 150k=buy immediately, 187k, look real hard, 225k, that when you begin to shop but anything more, rent. The hoa, taxes, insurance are roughly offset by the tax deduction so just go with a pure rent multiplier.

You may think it is not possible but investors shop with numbers, not emotions. they can find 125k multiplier properties elsewhere, so that is where they are going to go, not 200x multipliers. If they wont buy and you wont buy, the price goes down, it really is that simple.

[temeculaguy]

rent vs own calculators are kinda tricky because they ask you determine the annula appreciation. If you use case shiller, there is no appreciation. To make it easy, use this formula, when the asking price is equal to or less than 150 rent payments, you can start looking, when it hits 125 look real hard, at 100, it’s a no brainer. If you are paying 1500 a month, 150k=buy immediately, 187k, look real hard, 225k, that when you begin to shop but anything more, rent. The hoa, taxes, insurance are roughly offset by the tax deduction so just go with a pure rent multiplier.

You may think it is not possible but investors shop with numbers, not emotions. they can find 125k multiplier properties elsewhere, so that is where they are going to go, not 200x multipliers. If they wont buy and you wont buy, the price goes down, it really is that simple.

[temeculaguy]

rent vs own calculators are kinda tricky because they ask you determine the annula appreciation. If you use case shiller, there is no appreciation. To make it easy, use this formula, when the asking price is equal to or less than 150 rent payments, you can start looking, when it hits 125 look real hard, at 100, it’s a no brainer. If you are paying 1500 a month, 150k=buy immediately, 187k, look real hard, 225k, that when you begin to shop but anything more, rent. The hoa, taxes, insurance are roughly offset by the tax deduction so just go with a pure rent multiplier.

You may think it is not possible but investors shop with numbers, not emotions. they can find 125k multiplier properties elsewhere, so that is where they are going to go, not 200x multipliers. If they wont buy and you wont buy, the price goes down, it really is that simple.

[temeculaguy]

rent vs own calculators are kinda tricky because they ask you determine the annula appreciation. If you use case shiller, there is no appreciation. To make it easy, use this formula, when the asking price is equal to or less than 150 rent payments, you can start looking, when it hits 125 look real hard, at 100, it’s a no brainer. If you are paying 1500 a month, 150k=buy immediately, 187k, look real hard, 225k, that when you begin to shop but anything more, rent. The hoa, taxes, insurance are roughly offset by the tax deduction so just go with a pure rent multiplier.

You may think it is not possible but investors shop with numbers, not emotions. they can find 125k multiplier properties elsewhere, so that is where they are going to go, not 200x multipliers. If they wont buy and you wont buy, the price goes down, it really is that simple.

[temeculaguy]

I focused on the same thing when I read this article on cnbc, the days of shadow inventory are about to end. If fannie/freddie dump their inventory, we will definately see some price drops.

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