synthetik
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- synthetik
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My grandparents lived rent free for years during the summer in a 3 bd house in Penobscot, Maine. In payment they took care of the house and chopped and stacked all the firewood the owners would need for the winter (why they chose to live in Penn …
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Flag burning Liberal but generally conservative with my money, having lost nearly all of it back in 2001. I hightly recommend bankruptcy - it's a great life changing / growing experience. "Son, I didn't sell out. i bought in" - SLC Punk
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Tim, FWIW, it's a great time to start a business when your overhead is low. My first business was a computer integration firm, back in 1988; started from my bedroom at my dad's house. All I had to pay for was my phone line and a little advert…
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I just picked up some renters insurance. I can't believe how cheap it was! I even got a rider to cover my wife's wedding ring as well. We discussed the housing bubble and he said he sold in June 2005, then we hi-five'd. Now he's a happy bubble…
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why would The Tim spend thousands of his own personal time, at no charge, working to help educate people about a housing bubble? Some people are just extraordinary and do bizarre and strange things all the time.
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1. I find it most difficult to believe that someone who has so little skin in the game (owner of one median priced home in ballard) spends so much time railing against the forces of Seatte Bubble. 2. That someone who has so much equity and armed …
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I said potential psychopaths... and who know what has put you over the edge? I'm guessing you're concerned about your equity... why have the conern at all? Sell the boxy little joint and be done with that. The fact that you haven't sold and cont…
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Yes!
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I think protecting myself and my wife from potential psychopaths like you is reason enough! Don't you think? Why would I want to open up my home address to the general public? What purpose would that serve? Why would I want to give you the name …
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I don't have anything to prove... I'm not the one who was dumb enough to give out my real name on the web or provide specific personal information. How would you have me prove this information anyway? I bet if I conducted a poll here you'd fin…
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Heh, looks like we have a bitter "homedebtor" on our hands! I can't begin to describe the freedom my wife and I have. Having your own company and not buying assets when they peak in price has always been a blessing.
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Thank God for you all. I just don't "get" what you're doing *here* We all have free tickets to the worlds greatest train wreck, the death of the Real Estate Industrial Complex (REIC). It's fun to watch - especially when you have no debt, are…
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Can I change my vote on this thing?
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hey shug, why the constant pimping of the seattle housing market? if the goal of this forum is to help educate people about the bubble so they won't make a horrible financial decision and possibly lead a better, more secure life, then you are hel…
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I didn't even think about that! With the shug' factor, you can knock off an additional $100K to account for having to listen to: a) jazz music b) a crying baby c) a nagging wife "why didn't you sell????"
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Not really. The "less desireable" areas will get hit/hurt the most, so a 65% haircut isn't that hard to imagine in ballard. Eleua is calling for an 80% hit across the board, so 65% is rather generous. Plus, if they drop down to $150K, that woul…
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This Ballard "beauty" is about $150k too expensive...and plus, you have the bonus of Meshugy a block away! Try about $300K too expensive.
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The average for a 2 bedroom in seattle is about $1200/mo and $900/mo for 1 bedroom. I think the "long haul" might be a lot longer than you might think. Why not sell it now and buy it back for $50,000 in 4 years? Or buy virtually any 1500-1800 sq …
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Cramer on Market Manipulation Everyone should watch this! Thanks for the link Eleua http://www.youtube.com/watch?v=708wDFX28lc
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Another question: how do you figure out how exposed a finance company is to the subprime market? Count the number of times the CEO/spokesman goes on bubblevision (CNBC) to testify that their company has no exposure to subprime... (See CFC…
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I occasionally read in the blog comments that some of you were able to find good deals on rentals by talking down specuvestors on their vacant properties. But I'm looking at Craigslist and seeing people asking ridiculous prices for anything decent, …
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I think maybe it'll stimulate us to buy some real estate from you...
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Where will you be moving to once your place sells?
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We all know neighborhoods should be treated like their own autonomous countries that share no information with other neighborhoods regarding pricing, standard of living, jobs, etc. Oh, do we now? These buyers are intelligent, prime, and w…
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My guess would be that the moron rato is a bit high.
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I actually believe there is a bubble. BUt I think we should consider this darkhorse that may come and save the housing market in condos (empty nesters) /me convuses on the ground with laughter
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If that guy is for real he's a massive tool.
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Try typing in "short sale" or "foreclosure" - you'll be seeing a lot of those VERY soon. Do a CL search in other housing bubble cities (CREDIT bubble cities!) as an indicator of what's to come... So exciting! Denver 264 Foreclosures San Di…
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I've never been an investor during a recession. Eleua, synthetik, others of you who have experience...what is your advice? I'm not qualified to give you advice, but I could refer you to a broker who specializes in bear market investing. I kno…
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Is it just me or does that green line look like it lags behind the others for some reason?