About clambo

clambo


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1,227 comments
Santa Cruz, CA
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In United States
Registered Oct 22, 2010

clambo's most recent comments:

  • On 23 Apr 2014 in New Home Construction Plunges- Got Housing Recovery?, clambo said:

    Guys, Stategist, it's 20% and 720 credit score, and debt to income ratio.

    Debt to income ratio being great may help the shitty credit score, but don't count on it.

    Those 92 million people out of the workforce are not buying a house very soon.

  • On 23 Apr 2014 in The Fed Tapers into a Recession, clambo said:

    Consumption being a large part of our economy was a result of the bubble asset "wealth effect" from real estate which is now gone from the economy.

    Rich people of course continue to shop as always so fancy stores and Apple do fine.

    Some people/economists thought that the American consumer spending his dough was an essential part of our economy. Not exactly; production and innovation and capital saving are essential to our economy.

    I tell everyone that the economy today in California is the real economy, with the house bubble money taken away.

    What's a shame is that under California and off the coast there is so much gas and oil that we could all get royalties like people in Alaska do, and pay $2/gallon to drive around (natural gas works fine in cars).

    The delta smelt is preventing farmers getting water to grow and produce, nobody I know has ever eaten one of these crummy fish.

  • On 23 Apr 2014 in Looking to rent a home on the Peninsula -> Sources?, clambo said:

    Older people who own places outright may use local offices, etc. not always Craigslist.

    The real estate management or similar is what these offices call themselves.

    Drive around the town you are interested in and see what storefronts are involved with "property management".

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