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Preview: Comments on: Life In The Housing Market Is Anything But Normal

Comments on: Life In The Housing Market Is Anything But Normal



Examining the home price boom and its effect on owners, lenders, regulators, real estate agents and the economy as a whole.



Published: Fri, 23 Feb 2018 19:32:38 +0000

 



By: technovelist

Fri, 17 Aug 2007 04:04:53 +0000

I had exactly the same problem. What is wrong with the HR departments who won't let us have anything safe? However, you should be able to borrow 50% of the 401k's value (up to $50,000) and invest it in something safer. That's what I've done.



By: JayInMD

Thu, 16 Aug 2007 19:55:43 +0000

I wonder if BooYah Cramer is an unindicted co conspirator based on all his pump so Tan zillo can dump.



By: princegoro

Thu, 16 Aug 2007 19:37:05 +0000

For $270K you could barely get a 2bd condo in an older building at a relatively decent area in the greater DC area. I'm so discouraged living in this area that I'm thinking about moving out (some friends of mine have already done that).



By: Ghostwriter

Thu, 16 Aug 2007 19:32:38 +0000

I was driving home today (in Ohio) from one small town to another. At the end of the first town I saw 4 houses in a row with realtor signs in the yards, weeds a couple feet high, and empty windows. That was just one end of one small street. Each one had a different realtor sign, so I'm guessing they were all owned by different people.



By: Ghostwriter

Thu, 16 Aug 2007 19:24:59 +0000

I saw on the news last night that most buyers of subprime no doc loans never even made their first payment, because they couldn't afford to.



By: erik

Thu, 16 Aug 2007 18:28:45 +0000

I am so sick of these people and their complaints. Man up! Is life so bad when you still have a house but you cant take out loans or have piano lessons? What seems to be happening is people are mad because they cant drink any more punch and now are throwing temper tantrums, while those of us who didnt have any punch have to sit around and listen to them whine.



By: david cee

Thu, 16 Aug 2007 18:11:36 +0000

"It’s hardly ever as bad as people think it is" And where were you 1 year ago, 6 months, ago, 3 months ago with your enlightenment. How about "It's never as good as the masses think it is"...I guess 1929 never really happen, and there was a Chicken in Every Pot" Would you be interested in a condo at the strip in Las Vegas at 50% off what I paid for it? I know it's at the absolute bottom of the market, and you should jump all over this opportunity.



By: bink

Thu, 16 Aug 2007 18:04:32 +0000

I believe the building you're referring to is Prospect House. It's not a dump by any means. I don't live there, but all condos are 2 level units and most have great views of the monuments. The condo fees are insane though.



By: ChrisO

Thu, 16 Aug 2007 17:52:17 +0000

I lived in the basement of 1111 Arlington Blvd. "Roach Towers" is exactly right. Still, I was paying $500/month for walking distance to the Metro in 1997, so I couldn't complain too much. But I moved after a year. I have seen the Turnberry Towers thing though I can't remember the details. Is that the new building in downtown Rosslyn or the one across Rt. 50 from River Place that faces the Iwo Jima memorial? Factoid: Larry King used to live in the dumpy predecessor building to that one across Rt. 50. I think it was his 'bachelor pad' back in the day.



By: Crapburner

Thu, 16 Aug 2007 17:36:11 +0000

Never in stocks with some dabbling in metals and collectibles with which I have done well by buying and selling in cash and being conservative...I could tell this was a bubble five years ago....just cheap farmland and range land is what I prefer. The housing bubble killed that and hoping the death of RE/housing will render good productive land for honest farming and ranching reasonable again. Had enough of 5 acre McMansion by noveau riche with their lifestyle in tow cluttering up the landscape and raising the taxes of productive people who live with the land around them.



By: exeter

Thu, 16 Aug 2007 17:15:39 +0000

It is Ditech. The 30 million frenchmen were wrong about Sarkozy but thats about all.



By: Boston Bruce

Thu, 16 Aug 2007 17:14:09 +0000

Two tts in Buffett, whether it's Jimmy or Warren.