Rents are not going up.
The landlord tried raising rents this year and I laughed at him, told him he couldnt get that much for this place and that it was already over prices. I pulled out a list of 10 places that were nicer for less.
He held his ground. So I gave 2 months notice.
A...
Its happened elsewhere, lets see if the same happens in san diego.
I just saw a house in del mar sell for less than its 2003 price, almost 50% below the Zillow zestimate :eek:
4:1? 2:1? 25K down? with a 500K home?
HA, try san diego where the norm is:
10:1 leverage, zero to 25K Down, on a $1,000,000 home :eek:
I just saw a property sale hit Zillow, that sold less than its 2003 price (almost 50% below the Zillow "zestimate" ) :eek:
Signs of a meltdown...
Its more of the same junk that scammers to try to sell you.
Anything that allows you to look back in time and magically redefine shit so it works is a joke.
Its sorta like saying, everytime you see 3 green candles, go long and it will make you money.
When you show the guy 3 green daily...
Simple. Most people dont have the skills to do it. Are you going to study programming for several years to get good enough to code something that you trust enough to handle your money?
A single bug could make the system go nuts and burn thru your entire account in a few hours :eek:
I understand what your saying, but I still disagree.
From a stasitical perspective, hmmm, how can I describe this.
Lets use some set theory.
Imagine a grid that represents all the shares which are mispriced at any given moment in time. Say the grid is 100x100 squares.
Now...
CSCO busted thru todays high, guess its headed back to 30.
If the market was even more forward looking, it would be at 60 in no time.
The internet is exploding in emerging markets. CSCO has billions more people that need to come online.
Are you saying that non-mechanical systems are immune to saturation? I dont see how that is possible.
For any given strategy, there is a finite price range and shares in that price range where an instrument is mispriced.
Throw enough people into the same boat and it will sink...
If you take a step back, take a simple laymans view of people who live in the modern west, who protest with signs and yelling, and then a look at people who live in the modern middle east, who commit suicide, and blow up innocent women and children, what impression do you walk away with?
Wow, ive seen it all. Thats the worst, most idiotic, SPIN ive ever read.
Might as well start claiming that whipping blacks in early america was good for them because it gave them strong thick skin :eek:
Amazing how much blinding rage for america can take even its best accomplishments and...
Exactly right. 85% of the people in san diego bought their homes with interest only + ARM loans.
The reason?
Its the only way they could get into a home there.
If people followed the "3.5 X your gross income" rule, no one would ever buy a house here :D
The median detached home...
Its easy to spot a racist pig when they immediately bring up the "brown skinned people" reference when there was absolutely no reason to.
Its the racist that see's everything in skin color like yourself. I read that piece and not once did race cross my mind.
Propaganda is right. You just...
Thats a good point about foreclosures. They are up over 96% since last year in california. Obviously someone *IS* getting hurt in real estate.
Ive read several sob stories in the papers as well, where a couple bought a home way above what they could actually afford. (which is almost always...