In article ,
says...

On Mon, 10 Oct 2011 15:07:36 -0700, John Smith
wrote:

On 10/10/2011 2:31 PM, Howard Brazee wrote:

...
So is renting an example of a generation being dumber?


It is an example of not owning/having a home ... I don't know that needs
any more explaining ...

There's a lot you don't know. Hardly anybody *owns* a home. And
when the bank owns more than the house is worth, or when a job comes
up and they can't sell their home to move, they wish they had rented.
I am holding off downsizing until housing values go up.

Legally I own the home, the mortgage company has a lien on the title.
Just like when you buy a car, you own the car but the finance company
has a lien on the title.

I am also subsidizing other homeowners because they have tax breaks
renters don't get. (and they are subsidizing me for the same thing).

Why is your life on hold waiting for something that may never happen?

I have heard that the housing market will not recover until 2020.

I will be moving in 3 years, selling my house, and moving to a more tax
friendly state. I will not wait for housing values to recover I will
sell to whomever comes to me with a pile of money and I will move on
with my life.

They choose to rent instead of buy because they are dumb?


There are owners, and there are those who are slaves and work/pay for
their right to squat on land ... I really don't know what you are
looking for here ... the obvious differences and benefits are simply
that, obvious, to those with the grey matter to know that/those
differences ...

Or is it they are dumb enough to create the economy where it made more
sense to rent than to buy?



The indians sold manhattan for some beads and trinkets ... the russians
sold alaska for less than one days worth of oil which comes out of there ...

Again, those capable already know the importance of these facts ... and
conduct their life accordingly ... the implications, importance and
consequences surrounding what you ask make me think something is wrong
if you must ask the question which you are ...

Regards,
JS


It is always good to examine closely held beliefs. You don't seem
to be willing to do so.

On Oct 11, 6:58*am, BAR wrote:
In article ,
says...







On Mon, 10 Oct 2011 15:07:36 -0700, John Smith
wrote:

On 10/10/2011 2:31 PM, Howard Brazee wrote:

...
So is renting an example of a generation being dumber?

It is an example of not owning/having a home ... I don't know that needs
any more explaining ...

There's a lot you don't know. * *Hardly anybody *owns* a home. * And
when the bank owns more than the house is worth, or when a job comes
up and they can't sell their home to move, they wish they had rented.
I am holding off downsizing until housing values go up.

Legally I own the home, the mortgage company has a lien on the title.
Just like when you buy a car, you own the car but the finance company
has a lien on the title.

I am also subsidizing other homeowners because they have tax breaks
renters don't get. * (and they are subsidizing me for the same thing)..

Why is your life on hold waiting for something that may never happen?

I have heard that the housing market will not recover until 2020.

I will be moving in 3 years, selling my house, and moving to a more tax
friendly state. I will not wait for housing values to recover I will
sell to whomever comes to me with a pile of money and I will move on
with my life.



They choose to rent instead of buy because they are dumb?

There are owners, and there are those who are slaves and work/pay for
their right to squat on land ... I really don't know what you are
looking for here ... the obvious differences and benefits are simply
that, obvious, to those with the grey matter to know that/those
differences ...

Or is it they are dumb enough to create the economy where it made more
sense to rent than to buy?

The indians sold manhattan for some beads and trinkets ... the russians
sold alaska for less than one days worth of oil which comes out of there ...

Again, those capable already know the importance of these facts ... and
conduct their life accordingly ... the implications, importance and
consequences surrounding what you ask make me think something is wrong
if you must ask the question which you are ...

Regards,
JS

It is always good to examine closely held beliefs. * *You don't seem
to be willing to do so.- Hide quoted text -

- Show quoted text -- Hide quoted text -

- Show quoted text -

In CA, the last big housing hit in the 90's took over 15 years to
recover from.

Don't expect this one to be any different.

TMT

On 10/11/2011 4:58 AM, BAR wrote:
In ,
says...

On Mon, 10 Oct 2011 15:07:36 -0700, John
wrote:

On 10/10/2011 2:31 PM, Howard Brazee wrote:

...
So is renting an example of a generation being dumber?


It is an example of not owning/having a home ... I don't know that needs
any more explaining ...

There's a lot you don't know. Hardly anybody *owns* a home. And
when the bank owns more than the house is worth, or when a job comes
up and they can't sell their home to move, they wish they had rented.
I am holding off downsizing until housing values go up.

Legally I own the home, the mortgage company has a lien on the title.
Just like when you buy a car, you own the car but the finance company
has a lien on the title.

I am also subsidizing other homeowners because they have tax breaks
renters don't get. (and they are subsidizing me for the same thing).

Why is your life on hold waiting for something that may never happen?

I have heard that the housing market will not recover until 2020.

I will be moving in 3 years, selling my house, and moving to a more tax
friendly state. I will not wait for housing values to recover I will
sell to whomever comes to me with a pile of money and I will move on
with my life.

They choose to rent instead of buy because they are dumb?


There are owners, and there are those who are slaves and work/pay for
their right to squat on land ... I really don't know what you are
looking for here ... the obvious differences and benefits are simply
that, obvious, to those with the grey matter to know that/those
differences ...

Or is it they are dumb enough to create the economy where it made more
sense to rent than to buy?



The indians sold manhattan for some beads and trinkets ... the russians
sold alaska for less than one days worth of oil which comes out of there ...

Again, those capable already know the importance of these facts ... and
conduct their life accordingly ... the implications, importance and
consequences surrounding what you ask make me think something is wrong
if you must ask the question which you are ...

Regards,
JS


It is always good to examine closely held beliefs. You don't seem
to be willing to do so.



I reread my post, while basically saying what I meant to, I did make
some "mistakes in the wording."

I have made some horrible mistakes in life, and paid dearly for them, I
lost my first home, and the money invested in it, and had to begin again ...

I am not attempting to "sit a high horse," I had to re-take the class
"Life 101" a few times, before getting it close to right ...

Basically, you just keep on keeping on ... and, the group of criminals
in the public servant offices are a REAL determent to goals of many
citizens and families ... this needs worked on, along the way, with the
other problems ... I am sure, although I get older by the day, there are
still mistakes awaiting me, in my future, short time, here on the planet ...

Regards,
JS

On Tue, 11 Oct 2011 10:21:12 -0700, John Smith
wrote:

I am not attempting to "sit a high horse," I had to re-take the class
"Life 101" a few times, before getting it close to right ...

Basically, you just keep on keeping on ... and, the group of criminals
in the public servant offices are a REAL determent to goals of many
citizens and families ... this needs worked on, along the way, with the
other problems ... I am sure, although I get older by the day, there are
still mistakes awaiting me, in my future, short time, here on the planet ..

Yep, mistakes happen. And different people have different smart
choices they make. When someone else makes a different choice than
I do about, say, home ownership - that doesn't mean he's dumber than I
am - nor that I'm dumber than he is.

And if every generation when it gets as old as I am, observes that the
new generations are dumber than we were - that the Right choices were
made by my generation (not the previous generations), I figure that
maybe this time isn't different. A century or two from now, they
won't notice the unique downturn that is so obvious to us.

--
"In no part of the constitution is more wisdom to be found,
than in the clause which confides the question of war or peace
to the legislature, and not to the executive department."

- James Madison

In article ,
says...

On Tue, 11 Oct 2011 10:21:12 -0700, John Smith
wrote:

I am not attempting to "sit a high horse," I had to re-take the class
"Life 101" a few times, before getting it close to right ...

Basically, you just keep on keeping on ... and, the group of criminals
in the public servant offices are a REAL determent to goals of many
citizens and families ... this needs worked on, along the way, with the
other problems ... I am sure, although I get older by the day, there are
still mistakes awaiting me, in my future, short time, here on the planet ..

Yep, mistakes happen. And different people have different smart
choices they make. When someone else makes a different choice than
I do about, say, home ownership - that doesn't mean he's dumber than I
am - nor that I'm dumber than he is.

Who is responsible for yours or his incorrect choices?

And if every generation when it gets as old as I am, observes that the
new generations are dumber than we were - that the Right choices were
made by my generation (not the previous generations), I figure that
maybe this time isn't different. A century or two from now, they
won't notice the unique downturn that is so obvious to us.

It isn't so much that they are dumber, they just make decision that we
wouldn't make.

On Tue, 11 Oct 2011 18:25:35 -0400, BAR wrote:

Yep, mistakes happen. And different people have different smart
choices they make. When someone else makes a different choice than
I do about, say, home ownership - that doesn't mean he's dumber than I
am - nor that I'm dumber than he is.

Who is responsible for yours or his incorrect choices?

That isn't my concern - I just don't care for someone saying that
someone else is dumb for not making my choice. If a generation
doesn't buy homes the way ours did doesn't mean that this generation
is dumber than ours.

And if every generation when it gets as old as I am, observes that the
new generations are dumber than we were - that the Right choices were
made by my generation (not the previous generations), I figure that
maybe this time isn't different. A century or two from now, they
won't notice the unique downturn that is so obvious to us.

It isn't so much that they are dumber, they just make decision that we
wouldn't make.

Which is the point I was trying to make, to a response that said they
are dumber because they don't buy houses as much as we did.

--
"In no part of the constitution is more wisdom to be found,
than in the clause which confides the question of war or peace
to the legislature, and not to the executive department."

- James Madison

On 10/11/2011 3:07 PM, Howard Brazee wrote:
On Tue, 11 Oct 2011 10:21:12 -0700, John
wrote:

I am not attempting to "sit a high horse," I had to re-take the class
"Life 101" a few times, before getting it close to right ...

Basically, you just keep on keeping on ... and, the group of criminals
in the public servant offices are a REAL determent to goals of many
citizens and families ... this needs worked on, along the way, with the
other problems ... I am sure, although I get older by the day, there are
still mistakes awaiting me, in my future, short time, here on the planet ..

Yep, mistakes happen. And different people have different smart
choices they make. When someone else makes a different choice than
I do about, say, home ownership - that doesn't mean he's dumber than I
am - nor that I'm dumber than he is.

And if every generation when it gets as old as I am, observes that the
new generations are dumber than we were - that the Right choices were
made by my generation (not the previous generations), I figure that
maybe this time isn't different. A century or two from now, they
won't notice the unique downturn that is so obvious to us.


Usually, no, not even usually, every time I have met a man who owns
nothing, says nothing and does nothing, etc., etc., against evil, wrong
doing, corruption, graft, etc., etc. and the criminals who would harm
others -- that man is nothing.

Pick one, they are usually just the start of all the others ...

Regards,
JS