World Economy, Land Reform

[Lake Hills Renter]

Best. Thread. Ever.

[Lionel]

I'm with you, Lake Hills. I'm still uncertain if it's genius satire or the ramblings of a madman, but either way, I like it a lot.

[TJ_98370]

[davidlosh@davidlosh.com]

Use condoms to protect those bodily fluids.

[TJ_98370]

That should work!

[davidlosh@davidlosh.com]

My wife is from Peru. There is a way of doing business there that is outside of the box. Come to think of it my office is in the International District and my last two buyers put down over one hundred thousand dollars on less than a four hundred twenty and three hundred fifty thousand dollar purchase. Cash is a way of life in some circles.
In Viet Nam when you sell a five hundred thousand dollar property the money is transfered in what's called bricks. Bricks are usually shrink wrapped United States Currency. The currency is usually in less than one hundred dollar denomonations. When we see currency changes it is some times to weed out stashes of cash.
You guys all like cash. Some of you talk about gold, but what surprised me was the price of diamonds. I wasn't paying attention to diamonds for about ten years after my wife died. Then when I remarried I was shocked at the prices. I had to ask at least six times for the price of a ring that I wanted. It made no sense. All the DeBeers bullshit about cornering the market made no sense. We don't need to buy no sticking diamonds.
As time went along I didn't see how people could transport gold secretly. Wire transfers are a paper trail. bearer bonds, securities, or stocks are suspect, so diamonds, in my opinion, became the money smugglers best vehicle.
OK, they now brand diamonds, but a large stone, uncut, is still very liquid. Liquidity is the Holy Grail of wealth and the creation of wealth.
One gentleman on a comment to a post was saying he has his money in currencies other than United States dollars. What I know is that the dollar isn't what it used to be, but is still respected. The New World, as we are called, still has considerable resources, oil reserves, technology, and a brand of medicine that is greatly sought after.
The Euro has built great fortunes and taken a lot of the allure out of currency speculation. What are we going to speculate in? You guys have taken the fun out of housing, tech stock, and now with the mortgage company implosion, the real question is where is the money going to next?
Global Investment Funds have more money than they really know what to do with. It's no accident that there are more millionaires today. It's really no accident that houses sell for multi millions of dollars, and no one really seems to care. What used to sell for one point four million sells for three million today. No one cares about jumbo loans at five million dollars, they write checks for the amount of purchase.
Money moves around the world today like the sun and the moon. In China when they make things for a dollar and sell them in the United States for ten dollars, that's a high return. Oil? Give me a break, United States companies pump oil every day for the same over head as seven years ago. Did I mention diamonds? How many diamonds can you fit in a wall safe and hold for ten years?
Now about housing in Seattle Washington. Developers have been selling cheap, crappy products for a hudred thousand dollar profit per unit for years. Do you really think they care if they bankrupt the corporation currently holding the remainder inventory? Do you really think anybody cares if prices slide in your price range? It's all funny money. If you don't have it, go out and make more. There is plenty of it sloshing around in the world.

[carlislematthew]

"Realtor? No, I work for a living. I'm a poor, stupid, ignorant slob. "

From davidlosh.com

"My wife and I operate a couple of business that specialize in preparing properties for sale. This is work I have done since high school in 1968. My wife manages the businesses while I concentrate on helping people buy and sell Real Estate."

OK, so you're *not* a Realtor, but you *do* concentrate on helping people buy and sell Real Estate. I understand now.

I'd like to simplify things a little bit for everyone out there. There are nice people, and bad people. There are crazy people and sane people. That gives four types of people:

-CrazyNice
-CrazyBad
-SaneNice
-SaneBad

Mr Losh clearly falls in the CrazyNice category. i.e. there is a potential for internal voices, but instead of saying "you're being watched, kill your mother", they say things like "go and buy real estate, conserve precious bodily fluids".

[davidlosh@davidlosh.com]

[deejayoh]

[perplexd]

[carlislematthew]

[davidlosh@davidlosh.com]

[Alan]

[carlislematthew]

[davidlosh@davidlosh.com]