Search results

Sounds like Juan Valdez got out of the coffee bean supply business.

<p>Have fun!</p> <p>I toured the Alsace region a few years ago with a local. What struck me was how the French really take their time and enjoy their meals. I also like their 35 hour work weeks!</p>

<p>"... making homeownership nearly impossible for the average buyer. "</p> <p>She meant "prudent" instead of "average".</p>

<p>Wow! I remember those guys! They gave me $25 to open up a checking account, which I did. I never used the account, so I cancelled it and they returned "my" $25. </p> <p>I had to pay taxes on that $25 though. </p>

<p>"I think the market is slowing down and possibly crashing."</p> <p>Really? Now what would make you think that?!</p> <p>"But one thing that concerns me is the tens of thousands if not hundreds of thousands of people who are sitting on the sideline waiting to buy ..."</p> <p>Try...

<p>I'm just glad that real smart folks like those guys are saying now is NOT the time to buy. I feel so much better.</p> <p>(Sarcasm off).</p>

<p>Allow me to interpose (after my 3rd glass of Pinot Grigio, La Famligio on sale at Tj's for $2.99/bottle or something like that - so please forgive me!)</p> <p>Basically, a lot of fake wealth has been generated by people involved in the greatest Ponzi scheme ever (since the Tulip deal, way...

<p>"We just hope Donald Bren doesn't get any ideas from this."</p> <p> - Future Irvine homeowners</p> <p> </p> <p>[as to where to put his next high-density housing development...]</p>

If these folks bought back in February, I'll bet they are fealing really "a SHEA med" right about now!

<p>"Pick out the neighborhood and model that fits your lifestyle...It's that easy!"</p> <p>Okay, well my lifestyle is 20% down and 30% DTI (I make "average" income too), and my neighborhood is near the beach. Fix me up Bill!</p>

<p>Indeed, a very thought-provoking clip. I had no idea that most of the money created is by debt.</p> <p>The video kind of implies that the banks have it easy by making all of this money. It may be no accident that "banker's hours" refers to an easy work schedule. But then again, I imagine...

<p>What is also interesting is how IR's graph of DTI to Irvine's house prices also bottoms out in 1997. That was the time to buy.</p> <p>Now we have to fasten our seat belts big time though!!!!</p>

<p>"Well I hope that they have contingency plans to make them apartments."</p> <p>The contingency plan would be real simple: </p> <p>Step 1: Go to sign store and buy "APARTMENTS" sign.</p> <p>Step 2: Post APARTMENTS sign next to MARQUEE sign.</p>

<p>Purchasing Car Pointers:</p> <p>I bought a brand new Honda Civic last year and this is what I did/learned:</p> <p>1) Email all the dealers in your area and ask for quotes on what you are looking for. Dealerships these days usually have a person to handle the internet quotes. Give...

<p>I've heard many of those wonderful young fun families with cute little kids took out HUGE loans which will be resetting at some point. It was like they were all thinking "New homes = new young families = new financial paradigm when purchasing home = turn off brain = cool! sign me up!"</p>...

<p>I also agree that the credit squeeze will be presently the biggest and most immediate factor.</p> <p>However, if the cash rich countries get insulted over the Fed's actions of lowering the short term rate, then they may scale back even further their 10 year T-Bond purchases. Or if the...

<p>“By cutting interest rates, the Fed is in part sending the signal that it is sacrificing long-term inflation for the sake of short-term growth. "</p> <p>If I'm understanding this statement correctly, then it would behoove the cash rich nations which have been buying a lot of the 10-year...

<p>During WWII the Americans dumped airplane-loads of German (counterfeit) currency throughout the German countryside to devalue it.</p> <p>It almost seems like we have a new civil war in our country between the debters and savers. By opening the money spicket, those with savings will have...

<p>"...so some renters can buy the house on the cheap. "</p> <p>No, we just want to buy homes for 20% down, 30% DTI, with a 30- year loan. Not asking much.</p>

<p>"Greenspan, in the interview, predicted house prices would fall farther"</p> <p>He is obviously a reader of this blog.</p> <p>Hello Mr. Greenspan!</p>