[UCGal]

Back to the thoughts posed in the OP…

I personally am not a big fan of government intervention in preventing foreclosures. The market will eventually return to a sustainable, non-inflated level. All of the government intervention I’ve seen seems to be targeted at either reinflating, or postponing that eventual outcome. I’m in the “rip the bandaid off fast” camp… It’s painful – but better if it’s over quickly.

Personally… I bought my house in early 2003. According to Zillow it’s worth 70k less than I paid for it. But my mortgage is a LOT less than what Zillow says it’s worth, because we put a lot down. I’m comfortable paying my mortgage because:
a) I bought something we could afford.
b) the house works for us.
c) we spent (non-financed) money building a handicap accessible companion unit for the in-laws to live in… and there is NOTHING out there for rent or sale that would fit our family needs like this.

[UCGal]

Back to the thoughts posed in the OP…

I personally am not a big fan of government intervention in preventing foreclosures. The market will eventually return to a sustainable, non-inflated level. All of the government intervention I’ve seen seems to be targeted at either reinflating, or postponing that eventual outcome. I’m in the “rip the bandaid off fast” camp… It’s painful – but better if it’s over quickly.

Personally… I bought my house in early 2003. According to Zillow it’s worth 70k less than I paid for it. But my mortgage is a LOT less than what Zillow says it’s worth, because we put a lot down. I’m comfortable paying my mortgage because:
a) I bought something we could afford.
b) the house works for us.
c) we spent (non-financed) money building a handicap accessible companion unit for the in-laws to live in… and there is NOTHING out there for rent or sale that would fit our family needs like this.

[UCGal]

Back to the thoughts posed in the OP…

I personally am not a big fan of government intervention in preventing foreclosures. The market will eventually return to a sustainable, non-inflated level. All of the government intervention I’ve seen seems to be targeted at either reinflating, or postponing that eventual outcome. I’m in the “rip the bandaid off fast” camp… It’s painful – but better if it’s over quickly.

Personally… I bought my house in early 2003. According to Zillow it’s worth 70k less than I paid for it. But my mortgage is a LOT less than what Zillow says it’s worth, because we put a lot down. I’m comfortable paying my mortgage because:
a) I bought something we could afford.
b) the house works for us.
c) we spent (non-financed) money building a handicap accessible companion unit for the in-laws to live in… and there is NOTHING out there for rent or sale that would fit our family needs like this.

[UCGal]

[quote=SK in CV]It has to be the former.

The cost is only $2 million. The cost of the bridge must be in the $20-50 million range. Or more. Actually, I have no idea other than it must be way more than $2 million.

There are a couple blocks of Regents that are just 2 lanes, from Genesee to Executive Dr, then it goes to 4 lanes until almost the end at the canyon rim.

Seems pretty low priority, but there might be a few hours a day when 4 lanes are needed. [/quote]

That makes sense.
Plus, in theory, the money for the bridge was paid by developers as the area was developed… the city is sitting on the money and theoretically has to return it if/when they officially cancel the bridge.

[UCGal]

[quote=SK in CV]It has to be the former.

The cost is only $2 million. The cost of the bridge must be in the $20-50 million range. Or more. Actually, I have no idea other than it must be way more than $2 million.

There are a couple blocks of Regents that are just 2 lanes, from Genesee to Executive Dr, then it goes to 4 lanes until almost the end at the canyon rim.

Seems pretty low priority, but there might be a few hours a day when 4 lanes are needed. [/quote]

That makes sense.
Plus, in theory, the money for the bridge was paid by developers as the area was developed… the city is sitting on the money and theoretically has to return it if/when they officially cancel the bridge.

[UCGal]

[quote=SK in CV]It has to be the former.

The cost is only $2 million. The cost of the bridge must be in the $20-50 million range. Or more. Actually, I have no idea other than it must be way more than $2 million.

There are a couple blocks of Regents that are just 2 lanes, from Genesee to Executive Dr, then it goes to 4 lanes until almost the end at the canyon rim.

Seems pretty low priority, but there might be a few hours a day when 4 lanes are needed. [/quote]

That makes sense.
Plus, in theory, the money for the bridge was paid by developers as the area was developed… the city is sitting on the money and theoretically has to return it if/when they officially cancel the bridge.

[UCGal]

[quote=SK in CV]It has to be the former.

The cost is only $2 million. The cost of the bridge must be in the $20-50 million range. Or more. Actually, I have no idea other than it must be way more than $2 million.

There are a couple blocks of Regents that are just 2 lanes, from Genesee to Executive Dr, then it goes to 4 lanes until almost the end at the canyon rim.

Seems pretty low priority, but there might be a few hours a day when 4 lanes are needed. [/quote]

That makes sense.
Plus, in theory, the money for the bridge was paid by developers as the area was developed… the city is sitting on the money and theoretically has to return it if/when they officially cancel the bridge.

[UCGal]

[quote=SK in CV]It has to be the former.

The cost is only $2 million. The cost of the bridge must be in the $20-50 million range. Or more. Actually, I have no idea other than it must be way more than $2 million.

There are a couple blocks of Regents that are just 2 lanes, from Genesee to Executive Dr, then it goes to 4 lanes until almost the end at the canyon rim.

Seems pretty low priority, but there might be a few hours a day when 4 lanes are needed. [/quote]

That makes sense.
Plus, in theory, the money for the bridge was paid by developers as the area was developed… the city is sitting on the money and theoretically has to return it if/when they officially cancel the bridge.

[UCGal]

Just an observation..

I think the days of 3.5% annual increases are gone for the near term.

More and more employers are looking at salary REDUCTIONS.

(Yes, it sucks.)

[UCGal]

Just an observation..

I think the days of 3.5% annual increases are gone for the near term.

More and more employers are looking at salary REDUCTIONS.

(Yes, it sucks.)

[UCGal]

Just an observation..

I think the days of 3.5% annual increases are gone for the near term.

More and more employers are looking at salary REDUCTIONS.

(Yes, it sucks.)

[UCGal]

Just an observation..

I think the days of 3.5% annual increases are gone for the near term.

More and more employers are looking at salary REDUCTIONS.

(Yes, it sucks.)

[UCGal]

Just an observation..

I think the days of 3.5% annual increases are gone for the near term.

More and more employers are looking at salary REDUCTIONS.

(Yes, it sucks.)

[UCGal]

My opinion.

She needs a serious psych eval. I don’t think she’s mentally stable.

I also would like to see the doctor that implanted 8 embryos to be prosecuted or sued for the medical costs associated with the premie’s hospital stay.

I don’t blame the babies. But the woman is wacko!

[UCGal]

My opinion.

She needs a serious psych eval. I don’t think she’s mentally stable.

I also would like to see the doctor that implanted 8 embryos to be prosecuted or sued for the medical costs associated with the premie’s hospital stay.

I don’t blame the babies. But the woman is wacko!

[Author]

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