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San Jose, CA
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Registered Nov 01, 2009

danaceb's most recent comments:

• On 2 Oct 2011 in After all of this, has "Bubble mentality" been diminished?, danaceb said:

  I love reading all the comments from obvious bubble buyers trying to justify paying 800k for a shitbox in the RBA. Protip, it doesn't matter if your equity stays; you were dumb enough to pay beluga caviar prices for fish bait and you have to look at it every day and look at your payments every month. nice

• On 25 Sep 2011 in If Gen Xers are too risk averse to buy the Boomers homes, who will?, danaceb said:

  considering the next few generations afterwards will be far worse off, I'd say the idiots whose entire retirement was based off of unearned equity are doomed. At least most will be able to squat in the shadow inventory until its time for the rest home.

  Around here its like the slow tipping over before the fall. Overseas buyers have been doing a really good job isolating us from the full brunt of the correction, but considering how nervous things are getting in HK and Shanghai it won't be that much longer.

• On 4 Jun 2011 in Small Car Marketing BS, danaceb said:

  Just buy a newerish hyundai (2000~07).. their cheaper than dirt and are far better made and get better MPG than any nineties or eighties rustbucket. I had what was considered a nicer 1991 CRX, it was a great car for the time, (and I sold it for $5k!) but a total piece of shit next to the korean car I replaced it with for the same price.

  I've have friends with Geo metros and, well those things are so terrible that people get off on the horror, don't waste your money on old old cars.