Markor
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Talus has a wide range of home types, so more info would be needed.
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One comment therein: "Real estate is always a completely local issue and yet the media continues to make sweeping national pronouncements ..." How long does real estate have to be a nationwide issue before it's no longer considered a completely l…
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Niuska wrote: http://www.redfin.com/WA/Issaquah/23120-SE-Black-Nugget-Rd-98029/unit-CC2/home/12021633 It looks like this condo is not doing nearly as well as once hoped. I think it is still owned by the developer based on my driveby today. Ther…
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leaveseattle wrote: Yes the feds look at credit, but our nephew just signed up for the Navy with hideous credit and since they needed him so badly they "waived" the credit flagging-for his security clearance Funny how supply & demand work…
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How shot his credit rating could get depends on how many people walk away. If things get as bad as many predict, it should be relatively minor ding to one's credit rating, one to three years blacklisted and that's it. (Consider Vietnam draft dodgers…
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sniglet wrote: I would like to see if there are REAL examples of people in this situation (i.e. who are perfectly able to make their mortgage payments but decide not to do so since they are under-water). A friend of mine in Vegas is seriously…
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explorer wrote: The piece you are missing is the fact that the majority of residential rental dwellings are older than 1979 in LA. Ah so, I assumed that once the person who rented since 1979 moved out, the dwelling is no longer subject to ren…
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rose-colored-coolaid wrote: In an increasingly global society, where cooperation rather than warfare provides the greatest opportunities, values have changed drastically. Much of this has happened in only the last few hundred years. It is the re…
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Robroy wrote: Take any infant from any race today and place him in a home during any of the time periods and geograhic locals you mentioned, and the resulting adult would take on the sensibilities of that time/place. I doubt this. Throughout …
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Robroy wrote: Yeah, apartment rents are going up. House rents are going down. When we rented our five bedroom house with a 1/3 acre professionally landscaped yard, two car garage and central air conditioning, all for $1,600 a month, we could have …
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explorer wrote: The LA rent stabilization ordinance is NOT like a lottery. This is a pretty good overview: http://articles.latimes.com/2007/jan/14 ... e-tenant14 Thanks for the article. I don't see how it's much different than a lottery. When…
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Robroy wrote: But money is relative. In a world of people that make $.25 a day, the guy that makes $1 a day is rich. In this country, there are laws that protect people from being forced to receive low wages. And what my dad said stands. OK, …
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I kept your prediction in mind when deciding whether to stick with the dollar.
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I hope the dollar keeps strengthening. I really had to resist the urge to get out of it. Now I see an increase in articles about housing bubble pops & financial crises in other countries, like Australia, England, and Spain. The tough part is ass…
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Robroy wrote: My dad once asked me, "Do you know why people work for $5 an hour? It is because it is what they think they are worth." If this were India or China, I would feel and believe differently. Or because $5 an hour--or $1 a day--is al…
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redmondjp wrote: In a perfect world, fine. But the system has been so terribly corrupted that we have a revolving door between industry, lobbying groups, and the goverment agencies that are supposed to be regulating said industry that it is a com…
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Robroy wrote: Minimum wage should be abolished. It is none of the governments business. Yeah, sweatshops are great. Gov't has no business preventing people from being exploited. Let's abolish the FDA too; we don't need no stinkin' ingredients…
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explorer wrote: I would like to see anyplace, outside of a section 8, that would be affordable in the HUD definition of no more than one-third gross pay, to someone making the minimum wage in Seattle. That would be about $430 a month (no utilities…
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jon wrote: And then all those who people are not skilled enough to get a job at whatever salary you deem a basic human necessity, can't get a job at all and so never get onto the first rung of the ladder. That's what the fearmongers want you…
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I don't support any type of welfare. I don't see any way to make it fair. Not everyone who wants rent control can get it, so it's like a lottery. Better to raise the minimum wage until the lowest-paid but necessary workers can comfortably afford to …
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explorer wrote: Curse former mayor Charlie Royer for pushing the State Legislature to make it illegal for any rent stabilization ordinances to be enacted in Seattle or any other WA St. City. Rent stabilization seems like welfare to me, so I w…
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I got a 1.5 year lease, the better to lock in my landlord while house prices fall and rents increase. LHR, you're lucky to find a landlord who just wants to cover the mortgage. If I were a landlord I'd charge what the market will bear, with a dis…
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lamont wrote: it seems like the inflation that we currently have is unsustainable, because wages are not rising to keep up. Couldn't inflation be sustainable and people just starve to death?
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WestSideBilly wrote: Using lack of evidence as evidence can go both ways, that's all. I agree. In the 2002 build up, people argued that the lack of evidence was proof Iraq didn't have WMDs, while other people argued that since Saddam had …
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You're right. Looks like house prices are going up by $7500.
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Of course only a small percentage of that $7500 will be realized, since it just reduces the income on which taxes are paid. Still, it's a giveaway, effectively a tax cut. The answer to everything now is borrow more money from future generations. …
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WestSideBilly wrote: Markor wrote: The tie-in to the OP is this: You can discern the BIG PICTURE with a lack of evidence. Lack of evidence is evidence in its own right. That's a dangerous precedent to set. Most of the really far out co…
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Robroy wrote: Heh,heh! Sorry, but I decided, about 15 years ago, that the "social ban" on discussing politics and religion is a self imposed censorship. They are really the most important topics regarding human affairs, yet "cultivated" people "kn…
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Robroy wrote: And what exactly did we know then? What did they know then? If you have to ask, then you shouldn't be voting. Anyone then could have known, with just a little research, that the threat was a farce. And the reason for the trumped…
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Robroy wrote: We are in TOTAL agreement here! I think that conspiracy theories are very popular with young people - and yeah, I was young once (if you get my drift). Ever notice the average age of the people running the Lyndon Larouche (sp?) stand…