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  1. J

    Middle class revolt

    One the other side American people are certainly entitled to fight in order to keep their middle class. I don't see why anyone would just lay down and let a stranger steal their livelihood. For example, if Americans didn't spend their money on imported crap, India & China would still be in...
  2. J

    Is China a bubble?

    It is a different situation all together. When you're a slave to your government then obviously, you have nothing to say when they demolish your home in front of your eyes.
  3. J

    Housing Rolling Along 2

    We are allowed to raise rents every 6 months here in Alberta and we do in the current overheated market. Vacancy is 1%. The last house we bought last year for 190K was a foreclosure, so we put 20K into it and it's being rented out to 2 families (main floor & bsmt suite) for 1600$ total...
  4. J

    livingston's class

    Make YOU an offer? Shouldn't that be the other way around? What's wrong with you people?
  5. J

    Series 7

    Got 93% on the 1st try. I got the study package from EBAY. Dearborn I think. I would read a chapter and do the practice questions until I got 80%+. Amazing how those practice questions help you zoom in on your knowledge gaps. In the car I would listen to the Audio Summary for each...
  6. J

    Is China a bubble?

    They pretty much have 2 sets of books. It's really quite normal for them, no biggie.
  7. J

    Fundamental Data Source via HTML ?

    Scraping pages is too difficult to do from JavaScript, as you mentioned. Unfortunately, I don't know of any sources that will make it so easy as to give you the data, pre-parsed, for you. And in reality, JavaScript is not really meant to manipulate data in that form. I would write a program...
  8. J

    Housing Rolling Along 2

    Tanks for the advice rough, I'll take it under consideration.
  9. J

    Housing Rolling Along 2

    You probably did not get my original point. That's ok.
  10. J

    Housing Rolling Along 2

    People buying ins coastal areas are not 1st time buyers or pikers working at McDonalds. It really doesn't matter that overall wages went up 3% that year. The sell their 400K home in New Jersey and can pretty much afford anything they like in Florida up to 400K. 5 Years ago, the would have...
  11. J

    Housing Rolling Along 2

    Hardly, my house is worth double what I paid for it and it will be paid off in 7 years or so, as mentioned in previous posts. Ah, and to make sure you sleep better tonight, our monthly payment is less than 15% of our NET, and pretty much lower than we could rent a 2 bedroom appartment right...
  12. J

    Housing Rolling Along 2

    If you guys were as good at predicting the market going up as you think you are at predicting it going down, you could have made some serious money in the past 5 years. Oh well, maybe you'll have another chance in a few years. Or maybe you'll get your wish, and housing will go down 80% with...
  13. J

    Protectionalism - US Gambling

    Banning people from accessing web sites sounds a lot like communist China. Of course now that they're our best friends... Next they will be arresting "blue hairs" for picking up their prescription medicine in Canada. But don't worry, it's for your own protection, really, and it's not like...
  14. J

    Minimum Wage

    I think you guys have been brainwashed by your corporate puppet masters to make a big issue out of something that really isn't. Lets put things into perspective, the cost of oil has more than doubled in the past 3 years yet the economy is doing fine. Even though, oil is used throughout the...
  15. J

    Economics of Renting vs. Owning

    I don't see real estate collapsing but if it does, then just pick yourself up a couple of properties for pennies on the dollar and rent them out for magnificent cash flows. Even in bear markets some things go up (like rents, when everyone is afraid to buy). I think the US has enough...
  16. J

    Economics of Renting vs. Owning

    So maybe now, today, this hour is not the time to buy anything in the whole of the United States (that's a pretty ridiculous assumption to me, but let's go with it). At some point the time will come. And when it comes, you'll be able to leverage your equity to make way more than 6%. Here's...
  17. J

    Economics of Renting vs. Owning

    When in doubt go to the basics: 1. Your mtg on a 15 year term should be less than 30% (MAX) of your after tax income. 2. You really should not buy anything unless you plan to stick around for at least 5 years. Transaction costs are just too high. There will be a downturn at some point, so...
  18. J

    Economics of Renting vs. Owning

    I am not sure how stupid you'd have to be to invest in a -1K a month negative cashflow property. Maybe your guy is the same that bought Amazon at 350$ and held it for the long term.
  19. J

    Economics of Renting vs. Owning

    Alberta has fundamental reasons for price appreciation as I have posted before. Large inflow of people and capital from all over the world because of the oil sands. There are only 15 days of supply on the market right now and therefore the spike. In the US places like Florida...
  20. J

    Economics of Renting vs. Owning

    Average new house price in Calgary went up 1K per day in June. http://calsun.canoe.ca/News/Alberta/2006/06/14/1632711.html While this is not sustainable over the long term. It's still pretty cool.
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