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Even Rome didn't last forever.

Buffet has made some fairly expensive follies, especially in the energy sector (ConocoPhillips comes to mind). I believe his bet on BofA is a foolish one as well.

Housing in Indian cities has gotten out of control with wage inflation. Not that I'd want to live in the city, and "all" that goes along with it.

Man, I know it's off topic, but India has to be the stinkiest country I've ever visited in my life time. It even smells at the Shivaji Airport in Mumbai, literally like feet, and urine. Bangalore actually wasn't as stinky.

Check out BofA earnings, this bank is teetering on the brink:

I've read that BofA has a more toxic leverage ratio than Countrywide (which they bought in 2008) had during the bubble. Remember during the congressional disposition, Countrywide was something like 20:1 to 30:1 (tier 1 capital/total assets). BofA on the books is about 15:1, but in reality is...

Put yourself in the position of the banks; would you release any REOs? Your business is insolvent, releasing inventory would simply make you have to realize that you are insolvent. Uncle Ben says he'll keeping give you money to keep you solvent on the "books" while you slowly realize you losses...

I didn't know you were a CPA (or maybe I did but since I'm old I forget more than I remember).

Include the Bay Area; Dublin, San Ramon, Pleasanton, Fremont, Santa Clara, Sunnyvale, Mountain View, etc. These crooks ran out of money for tax credits so now they are letting squatters off the hook, and letting vacant homes rot. I actually feel sorry for you RE Agents. If this continues, a...

Damn a million bucks for Landfill Ranch? That's crazy man, crazy.

9 Tioga is next door to the double murder house. I wouldn't buy it for $100,000. The only people who should buy are those comfortable with specters walking through their walls at night with stab wounds.

Actually the fat individual was in violation of the HOA code by being over 200 pounds and attempting to enter the backyard. It's known as the Patrick J. Star law. They will be fined $50 a day until they successfully remove themselves, or wither away under 200 pounds.

I don't consider a home with an 8 foot back yard a SFH, that's a condo straight up. The 3 foot sideyard is equally disturbing. Some fatter individuals might have to walk sideways to get into the 8 foot backyard.

8 foot setback? Is that even legal?

rkp is there a reason you seem to be perpetually insulted by ... everything? Make fun of TIC villages - rkp is insulted Make fun of Irvine - rkp is insulted Make vague tongue-in-cheek reference to politically hot topic - rkp is insulted Relax man. I know some people have delicate...

Thank you trace for not trying to enforce what's funny on this forum. IHS, myself, and others thank you. Now back to landfill ranch...

Excellent. Landfill Ranch is going to stick around just like Garbage Grove and Ana-Crime.

IHS, we are bros. *fist bump* You bring color to an often colorless place.

Look trace, it's either IHS talks about how Irvine has no brown people, why TIC wants you to live 2 feet from your neighbors, or we get to talk about... nothing, because literally nothing has changed about the Irvine housing market in 18 months. See it's not IHS content that is fresh, yes...

Groucho Marx once said, "If you find it hard to laugh at yourself, I would be happy to do it for you." I like IHS's character. If he changed, this forum would lose a lot of entertainment value. Stop being a humorless robot trace, and let the man breath.