Dick Chisel wrote:

mike maghakian wrote:
over the last few years I have been saying how stupid people have been for
paying crazy prices for homes. I said they would be sorry in the end and it
is starting to happen:

this is from an MSN article on home sales:

I recently sold a house in Rochester Hills," Waquad says. "It was purchased
a year ago by the seller for $615,000 -- a newer house. He changed all the
appliances, the carpets and painted. He never lived in it. He must have
spent at least $20,000 to $30,000 fixing it. We got it for a buyer for
$440,000."

the point is that there are consequences to being a stupid buyer. I am just
trying to get people to think before they throw away money.
dxAce wrote:
All well and good, but it is THEIR money. Not MY money, not YOUR money, but
THEIR money.
All well and good, but paying insane prices for real estate is a
"bubble" and when the bubble bursts (as they all do), the -ENTIRE-
country gets hurt...even maroons in Holland Michigan.

(Or doesn't your feeble brain remember how bad the -country- got hurt
when the "dot com" bubble went bust????)

dxAce wrote:

Apples and Oranges...

Well, there's -another- day you woke up stupid.

As different as "apples and oranges"? I think not.

"dot com" bubble = people paying waaay too much for stocks, then the
bubble bursts, then the -entire country- was hurt.

Per Mike's post...

Real estate bubble = people paying too much for housing, the bubble is
starting to bust and people throughout the country are starting to get hurt.

A virtually identical analogy (like all bubbles), NOT "apples and oranges".

You offering your opinion--

Worth: 2 cents

You demonstrating once again why you so richly deserve your "dxAss"
moniker--

Worth: Priceless!

Dick Chisel wrote:


Dick Chisel wrote:

mike maghakian wrote:
over the last few years I have been saying how stupid people have been for
paying crazy prices for homes. I said they would be sorry in the end and it
is starting to happen:

this is from an MSN article on home sales:

I recently sold a house in Rochester Hills," Waquad says. "It was purchased
a year ago by the seller for $615,000 -- a newer house. He changed all the
appliances, the carpets and painted. He never lived in it. He must have
spent at least $20,000 to $30,000 fixing it. We got it for a buyer for
$440,000."

the point is that there are consequences to being a stupid buyer. I am just
trying to get people to think before they throw away money.
dxAce wrote:
All well and good, but it is THEIR money. Not MY money, not YOUR money, but
THEIR money.
All well and good, but paying insane prices for real estate is a
"bubble" and when the bubble bursts (as they all do), the -ENTIRE-
country gets hurt...even maroons in Holland Michigan.

(Or doesn't your feeble brain remember how bad the -country- got hurt
when the "dot com" bubble went bust????)

dxAce wrote:

Apples and Oranges...

Well, there's -another- day you woke up stupid.

As different as "apples and oranges"? I think not.

"dot com" bubble = people paying waaay too much for stocks, then the
bubble bursts, then the -entire country- was hurt.

Per Mike's post...

Real estate bubble = people paying too much for housing, the bubble is
starting to bust and people throughout the country are starting to get hurt.

A virtually identical analogy (like all bubbles), NOT "apples and oranges".

You offering your opinion--

Worth: 2 cents

You demonstrating once again why you so richly deserve your "dxAss"
moniker--

Worth: Priceless!

Yeah, you demonstrating your lack of comprehension is indeed: Priceless!

dxAce
Michigan
USA

Real estate bubble = people paying too much for housing, the bubble is
starting to bust and people throughout the country are starting to get hurt.


I grow my own food (no grocery shopping bills), tenured teacher (job
for life), own a scooter, and have installed solar panels to hedge my
energy costs.

I also own a gun to shoot poachers wishing to steal my vegetables, and
live in a shooter friendly state (i.e. I won't get arrested for killing
you on my own property)

How is someone like myself affected by the housing bubble, except that
it provides me the ability to get RE on the cheap?

Yours In Christ,
John

www.devilfinder.com Mississippi's right to shoot first law

Scooter? I own a 1961 Hecules (made in Germany) Moped,I bought it for
$350.00 about twenty three years ago from an elderly guy who bought two
Mopeds for his grand daughters to ride.They didn't care that much for
riding Mopeds,my Moped only has about nineteen miles on it. alt.scooter
news group.
cuhulin

Well John, Good for You! More people should be so independent. However,
you just may be the exception that proves the rule because, generally
speaking, an economic downturn is not good for a large portion of the
country.

wrote:
Real estate bubble = people paying too much for housing, the bubble is
starting to bust and people throughout the country are starting to get hurt.


I grow my own food (no grocery shopping bills), tenured teacher (job
for life), own a scooter, and have installed solar panels to hedge my
energy costs.

I also own a gun to shoot poachers wishing to steal my vegetables, and
live in a shooter friendly state (i.e. I won't get arrested for killing
you on my own property)

Please tell us where you teach; I'm sure the parents of the students
would be interested to know that their child's teacher would kill
somebody for taking a carrot.

How is someone like myself affected by the housing bubble, except that
it provides me the ability to get RE on the cheap?

Yup, true-- people have always been able to make money off of the
misfortune or stupidity of others.

Yours In Christ,
John

Seeing as -you- brought it up, what do you think Christ would say about
you shooting and/or killing someone over a few lousy vegetables and who
was only trying to feed his starving family? Hmmmm?

P.S. Ya gotta be kidding, right? Ya really wouldn't kill somebody for
taking a carrot? That really doesn't sound very "Christian" of you.

If a burglar broke into your house and was only interested in stealing
a can of carrots or some regular carrots out of your refridgerator,what
would you do?
One of my favorite foods is a bowl of boiled carrots.
cuhulin

wrote:

If a burglar broke into your house and was only interested in stealing
a can of carrots or some regular carrots out of your refridgerator,what
would you do?

I doubt if the conversation would even get that far.

dxAce
Michigan
USA

Please tell us where you teach; I'm sure the parents of the students
would be interested to know that their child's teacher would kill
somebody for taking a carrot.


Considering that the kids love my teaching style, I doubt it will make
a difference. You can only hope it'll appease your commie PC ACLU
types to try to get my fired. Good luck in that.


Yup, true-- people have always been able to make money off of the
misfortune or stupidity of others.


Here here.


Seeing as -you- brought it up, what do you think Christ would say about
you shooting and/or killing someone over a few lousy vegetables and who
was only trying to feed his starving family? Hmmmm?


Jesus would say that I'm in the right, BIG TIME. Jesus would say thank
you for doing my part to prevent our world from turning into a
communist **** land.

P.S. Ya gotta be kidding, right? Ya really wouldn't kill somebody for
taking a carrot? That really doesn't sound very "Christian" of you.

The point is, there will be a LOT of starving people after RE bubble
burs,t peak oil, etc taking hold. I will regrettably have to kill
many. But, there's plenty of ammunition. God will grant me the speed
and accuracy to slay thieving lowlifes. I have faith in this.

Care to armchair quarterback some more?

Yours In Christ,
John

y'all know what some of those folks say,,, buy gold! by food stuffs you
can store for years and years,buy water purifiers,buy this,buy that,buy
Guns and ammo,head for the hills!
cuhulin

The Moving Wall www.themovingwall.org gets around,I have been to
it a few times.A couple of years ago,114th Aviation Company had a
reunion at Fort Rucker,Alabama,I went there.I get to the most important
events (important to me,anyway) if they aren't a blue million miles
away.
cuhulin