[quote author="norcaljeff" date=1216004247][quote author="jcaraway" date=1212490548][quote author="saloan" date=1212484441]lol ok I am over it. Just the thought of buying here and all the work I have had to do has me stressed out.I need some advil homeys!! If rent and mortgage become = price I am in why not.I will not be putting money in the hole and I will own in 30 years. If I can rent at an equal to my mortgage sounds like a plan. The fee's are only 315 a month not 900. Until the goo day comes I guess I am going to sit back and see what goes down and what goes up. Nothing going up so I guess I will see how far down it goes maybe one day it will meet my 2000 a month. There is no money to go around its true and just getting worse. However the people who still have money at the bottom will be able to buy and for sure if its get back to 2000 prices there will bound to be another bomb. Risky business when to get in and when to get out. Stressful. I better stop looking into this and get back to my job that pays me while that still last. Thanks people Look like I am going to chill till I can get a 1 bedroom for 200k. I will keep you guys posted on the decline at ave one or if it gets steady at 350 a sq ft.
Tah Tah
I am headed out to my pool at my apartment that rent at</blockquote>
and hopefully that job doesn't require writing skills.....or a high school degree</blockquote>
These are the same foreigners who, with the same level of thinking, ran the price of RE up over the past 10 years. They can't write well but are smart enough to know they can take a risk and it could pay off bigtime and if they lose, the American taxpayer will bail them out. Pretty sad.</blockquote>
Not even close. It had to do with the banks lending practices. It's not just foreigners, it's all the other people who abused the system to make fast money. It'd be impossible for people to buy real estate at that rapid pace without having money. American tax dollars are going to bailing out the shitty lending practices of banks not the people who abused the system to make money.
Tah Tah
I am headed out to my pool at my apartment that rent at</blockquote>
and hopefully that job doesn't require writing skills.....or a high school degree</blockquote>
These are the same foreigners who, with the same level of thinking, ran the price of RE up over the past 10 years. They can't write well but are smart enough to know they can take a risk and it could pay off bigtime and if they lose, the American taxpayer will bail them out. Pretty sad.</blockquote>
Not even close. It had to do with the banks lending practices. It's not just foreigners, it's all the other people who abused the system to make fast money. It'd be impossible for people to buy real estate at that rapid pace without having money. American tax dollars are going to bailing out the shitty lending practices of banks not the people who abused the system to make money.
