Threads started by Patrick


The Housing Trap
By Patrick in Menlo Park CA 94025   272 comments, latest 1 week ago:
Alex Rademacher says It all comes down to is it cheaper to rent or is it cheaper to buy .. if you can Rent the home you'd love to live in for less than you...

Top 10 Best Cities To Move To Today
By Patrick in Menlo Park CA 94025   13 comments, latest 1 week ago:
chemechie says Patrick, you could start a competitor and call it "The Turnip", or maybe the mushroom after the saying about being kept in teh dark and fed crap.

Canada's Housing Market, The Next Big Short?
By Patrick in Menlo Park CA 94025   5 comments, latest 1 week ago:
robertoaribas says Also, I think you are still on the hook for your mortgage after foreclosure in Canada. That might stop willful walkaways. (though that is the case in Spain, and it didn't stop the...

California Homeowner Bill of Rights blocks BofA foreclosure
By Patrick in Menlo Park CA 94025   2 comments, latest 1 week ago:
APOCALYPSEFUCK is Shostakovich says Die, BofA, Fucking Die!

Can a startup finally fix the nightmare of renting an apartment in NYC?
By Patrick in Menlo Park CA 94025   7 comments, latest 1 week ago:
Oxygen says westchester pays out the ass too.

All Empires Crash Soon After They Reach Their Peak
By Patrick in Menlo Park CA 94025   38 comments, latest 1 week ago:
indigenous says robertoaribas says High inflaiton, due to government price controls, you can't even buy lots of things, because businesses are closing left and right. And, they produce less and less oil every year, due...

Germans Splurge on Italian Homes Locals Cant Afford
By Patrick in Menlo Park CA 94025   11 comments, latest 1 week ago:
zzyzzx says Perhaps the Germans are simply reclaiming South Tyrol?

What Happens to the Housing Market When the Investors Leave?
By Patrick in Menlo Park CA 94025   72 comments, latest 1 week ago:
RentingForHalfTheCost says SFace says Was never eligible for ROTH for a long time anyway Everyone is eligible for a Roth IRA. See my previous post. I dumped a huge amount of my savings into an...

Japan Stimulus Backfires as Mortgage Costs Rise
By Patrick in Menlo Park CA 94025   6 comments, latest 2 weeks ago:
fedwatcher says robertoaribas and iwog just could be right here. Between the GSEs, banks, the Fed, Congress, the courts, and the Obama administration there is a common playbook to blow another housing bubble.

Fed should get out of MBS, avoid overstimulating housing
By Patrick in Menlo Park CA 94025   1 comment, latest 2 weeks ago:
Bellingham Bill says Housing valuation BS pulled the train for Bush's 2nd term, why not for Obama.

Lehigh Valley foreclosures are up, pulling housing market down
By Patrick in Menlo Park CA 94025   posted 2 weeks ago:
http://articles.mcall.com/2013 Janet and Paul Arndt fell behind on their bills a couple of years ago after Janet lost her job as an office administrator and Paul had back and neck problems that prevented him from...

Housing Market Slows in China's First-Tier Cities
By Patrick in Menlo Park CA 94025   posted 2 weeks ago:
http://www.theepochtimes.com/n

How 30-Year Mortgages Saved the Housing Market
By Patrick in Menlo Park CA 94025   posted 2 weeks ago:
http://www.bloomberg.com/news/ How did Americans develop such a peculiar financial practice? The New Deal. In many ways, the mortgages of the 1920s resembled the more exotic ones of today. Balloon loans with terms of just three...

Cheap money bankrolls Wall Street's bet on housing
By Patrick in Menlo Park CA 94025   posted 2 weeks ago:
http://www.reuters.com/article Reuters) - Michael Marchillo, a plumber, has been trying and failing for months to buy a bigger home for his family here in Sin City. He was pre-qualified by a bank for a $130,000...

A good housing market might lead to a new great recession
By Patrick in Menlo Park CA 94025   2 comments, latest 2 weeks ago:
inflection point says There is no housing boom. I took a drive from the midwest to California this last week. I did not see any housing or economic boom for that matter. How does employment...

Why Occupy Wall Street Failed
By Patrick in Menlo Park CA 94025   79 comments, latest 2 weeks ago:
David Losh says Dan8267 says The Tea Party is not, and has never been, fiscally responsible by any sane definition. It's like the OWS movement, the movement was transitory, but the message got heard. I...

Islam
By Patrick in Menlo Park CA 94025   140 comments, latest 2 weeks ago:
Dan8267 says kgk says Did anyone watch Lord of the ring movie, and noticed that orcs head was the eye. and this eye was in the middle of the quatar moon. Isn't quatar symbol for...

European Central Bank cuts interest rate
By Patrick in Menlo Park CA 94025   2 comments, latest 2 weeks ago:
robertoaribas says AND this more or less guarantees we won't see any serious rate increases in the US for a few years: 1. Japan engaging in more Q.E. 2. Euro reversing course and easing.

A Yen for Bull
By Patrick in Menlo Park CA 94025   posted 2 weeks ago:
http://www.dvorak.org/blog/201 The current housing bubble is supported only by the rock bottom interest rates propped up by Obama print money hand over fist. Eventually he will have to slow down the govt printing presses and...

Fed Risking Sequel to 2008 Financial Crisis
By Patrick in Menlo Park CA 94025   posted 2 weeks ago:
http://www.cnbc.com/id/1006984 The issuance of risky junk bonds under loose covenants and with excessively low interest rates is increasing; the stock market is reaching new highs, despite the growth slowdown; and money is flowing to high-yielding...


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