sometimes people complain when I point out people paying real stupid prices
for something on eBay.

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.

There are people who buy stupid in every Country on Earth.It's their
money.I say let them buy what they like.
cuhulin

mike maghakian wrote:

sometimes people complain when I point out people paying real stupid prices
for something on eBay.

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.

All well and good, but it is THEIR money. Not MY money, not YOUR money, but
THEIR money.

And if folks want an item and desire to bid it up on eBay it's THEIR money. Now
YOU might THINK it's a high price, but it's THEIR money and they want the item
for whatever reason.

Something to think about, after all we're not all as blessed as Mike Maghakian.

:-)

dxAce
Michigan
USA

mike maghakian wrote:
sometimes people complain when I point out people paying real stupid prices
for something on eBay.

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."

That's a perfect example of someone who was very late to the real
estate buying mania prevalent in many major cities for the past 5
years. I'm sure he was one of the last who got into a bidding war that
escalated many multiples over asking price. Unfortunately double digit
inflation disappeared and he couldn't flip the house at a profit.
There are many holders of over-priced real estate now.

Good story, but it doesn't tie well to collector prices people are
paying for radios on ebay.


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.

The consequences to paying $500.00 for a Sony CRF320 are far far
different than the consequences of paying $750k for a house now worth
$500k.

wrote in :

On 23 Aug 2006 15:22:57 -0700, "John S." wrote:


mike maghakian wrote:
sometimes people complain when I point out people paying real stupid
prices for something on eBay.

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."

That's a perfect example of someone who was very late to the real
estate buying mania prevalent in many major cities for the past 5
years. I'm sure he was one of the last who got into a bidding war that
escalated many multiples over asking price. Unfortunately double digit
inflation disappeared and he couldn't flip the house at a profit.
There are many holders of over-priced real estate now.
or just made a bad choice in homes to flip
I flip home some myself and I am very carefull but I still burned
sometimes it is happens and you sould not be in that if you can't
aford to bet wrong from time to time


Has the president of your radio club ever flipped you off?


SC

"mike maghakian" wrote in message
. ..
sometimes people complain when I point out people paying real stupid
prices
for something on eBay.

The reason for that is Hamfests and Swap Meets in general are DEAD.
Finished! Kaputski! Stick-a-fork-into-it! (etc..etc..)
Dayton Included too. I went to Dayton this year after a 5 Year sabbatical.
Fully 1/3'rd of the outside vendor spaces were empty.
Just 5 Years ago this was a rarity and 10 years ago it was downright
impossible.

Why? Reasons are many....aging ham/swl population, SK's, health/travel,
cost
of gas food lodging etc... then again, why drive when you can order new
online
an it's at your door via UPS in a few days?

Ham radio is changing and it is aging. more than HALF the hams I used
to talk with on 75M HF just from 10 Years ago are all SK's. That alone
speaks volumes folks!

E-Bay did not kill hamfests. Hams themselves are dying off and
most of the stuff is ending up on e-Bay where it's a feeding frenzy.
This too will end in a few (10?) Years time also.

In short....Wayne Green (W2NSD) had it right all along folks.

Enjoy the rest of the ride.

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????)

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????)

Apples and Oranges...

You go sleep on it, you might figure it all out by morning.

dxAce
Michigan
USA

Yep! All them are reasons I have stopped attending Dayton and many other
hamfests.
But ebay is also a contributor. I got some 2m old crystal rigs via ebay and
shipping
cost more than the radios. My last time at Dayton a few years ago it was a
costly
one day ticket (my health not good either) and $8 to park in a handicap
parking spot
that might as well been down at the mall it was so far. I thought handicap
parking
meant CLOSE to the doors. With Gas about $3 a gallon depending on the
wind...
another $100 bucks down the tail pipe. The items for the most part these
days
are "vintage" things that have been to more hamfests than I have or they are
"Like New" and priced as new. Most "Homebrew" projects in magazines and
books these days have little chance of success with the ol' junk box and
requires
a large part of it to be bought and often via mail. "What radio supply
store?"
When you do get to a hamfest the people are rude, bump into you, step on
you,
just same as many drivers on the road have aggressive attitudes. All the fun
of the fest's
has gone as well as a pleasurable drive getting there has gone. And the
total cost
of just going is 1/2 the cost of a new 2m rig. UGH!!

Oh and don't forget other tech'y things like the cell phones that has
displaced a lot
of would be radio operators for maybe contacts with more secure and reliable
contacts. 2m and 70cm not as impressive as it used to be. "What do you
mean,
point the antenna UP?" LOL ;-) My wireless home phone and my computer
has more MHZ than my radio now. ;-(

Maybe it's as well though. Having started in the TUBE days and seeing SMD
parts
now I can't find, or use if I could find them for projects... might be
appropriate that we go
out together in a few years.

Sorry I missed the original post to this thread. Hope it didn't wander too
far...
Have rag chew paper too . LOL

de K4TWO Gary OT
--
emailto:



"bobbbo" wrote in message
groups.com...

"mike maghakian" wrote in message
. ..
sometimes people complain when I point out people paying real stupid
prices
for something on eBay.

The reason for that is Hamfests and Swap Meets in general are DEAD.
Finished! Kaputski! Stick-a-fork-into-it! (etc..etc..)
Dayton Included too. I went to Dayton this year after a 5 Year sabbatical.
Fully 1/3'rd of the outside vendor spaces were empty.
Just 5 Years ago this was a rarity and 10 years ago it was downright
impossible.

Why? Reasons are many....aging ham/swl population, SK's, health/travel,
cost
of gas food lodging etc... then again, why drive when you can order new
online
an it's at your door via UPS in a few days?

Ham radio is changing and it is aging. more than HALF the hams I used
to talk with on 75M HF just from 10 Years ago are all SK's. That alone
speaks volumes folks!

E-Bay did not kill hamfests. Hams themselves are dying off and
most of the stuff is ending up on e-Bay where it's a feeding frenzy.
This too will end in a few (10?) Years time also.

In short....Wayne Green (W2NSD) had it right all along folks.

Enjoy the rest of the ride.

dx(FMLAO)Ace wrote:

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.

I have it on good authority that there is only ONE maroon in Holland
MI. No sense in tarring decent people with the same brush.


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

Apples and Oranges...

You go sleep on it, you might figure it all out by morning.

dxAce
Michigan
USA



We can't expect any better advice from someone who recommends that
playing POKER is a good way to wealth.



mike