About wave9x

wave9x


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In United States
Registered Apr 03, 2012


wave9x's most recent comments:

  • On 26 Mar 2014 in Why it's a terrible time to rent...especially in the bay area, wave9x said:

    It is totally incorrect that buying is only ever cheaper than renting in ghetto areas. Nice areas are expensive to buy in but also have high rents. Ghettos are cheap to buy in but have low rents.

    Buying was significantly cheaper than renting in most parts of the Bay Area (nice parts of SF and Palo Alto included) in 2011 after rents went way up and prices hadn't yet. If you were following this you would have realized (correctly) that it was a good time to buy then.

    Also, if you had followed the ratio in 2007 when buying was 2x more expensive that renting, you would have realized (correctly again) that it was not a good time to buy.

  • On 26 Mar 2014 in Why it's a terrible time to rent...especially in the bay area, wave9x said:

    SFace, you're argument that you should ignore rent vs buy ratios sounds to me like a variation of "buy now because prices only go up".

  • On 26 Mar 2014 in Sellers are ditching realtors, pocketing the 6% themselves, wave9x said:

    hrhjuliet says

    DIY Sellers - Make sure to put in the write up that there are cash incentives for NOT working with a realtor. Two can play at the sabotage game.

    Not a bad idea...

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