Threads started by LAO


2020-2025 Housing Prices any guesses?
By LAO  122 comments, latest 9 months ago:
taxee says Things seem to be working quite well for them. The fed are fine, the hungry get food stamps. What could possibly go wrong?

Harsh Austerity Measures...
By LAO  17 comments, latest 1 year ago:
zzyzzx says Zakrajshek says Thoreau wrote in the 1840s that he was able to produce all he needed for the year by working six weeks in his garden. The balance of his time, he said,...

Property Taxes in California...why raising them doesn't make fiscal sense.
By LAO  13 comments, latest 1 year ago:
zzyzzx says LAO says If you raise property taxes, then home values will drop accordingly. Wouldn't the government rather collect 1.25% on a $400K home rather than 2% on a $200K home? Government doesn't work...

Stocks Back to Peak 2007 levels... Housing recovery on horizon?
By LAO  33 comments, latest 1 year ago:
The thing to think about is that there's been a fairly pronounced shift in regards to how a lot of US companies make their money. It used to be that we bought most of our...

New American Dream Is Renting To Get Rich
By LAO  posted 1 year ago:
http://finance.yahoo.com/news/ Are we going to have late night infomercials selling us on GET RICH QUICK schemes via Renting now? Oh how the pendulum has swung! By the way the numbers in this article are so...

London Landlords Evict Tenants To Gouge Tourists (Pre-Olympics)
By LAO  posted 1 year ago:
http://worldnews.msnbc.msn.com Oh the joys of renting!

Fed says no rate hikes until at least late 2014
By LAO  28 comments, latest 1 year ago:
Good no need to rush to buy overpriced real estate then for a long time.

How easy is it to cause inflation?
By LAO  8 comments, latest 1 year ago:
bubblesitter says Los Angeles Renter says turning on the "printing presses" so to speak? That's a bullying tactic by our own government,keep spending i refuse to be bullied into spending my cold hard cash! i'm...

3.75% 30 year fixed.. with no points or fees... how low can we go?
By LAO  15 comments, latest 1 year ago:
For my personal situation, rates this low make buying a cheap fixer upper more and more appealing. Rates making the prices easier to justify. Problem is taxes are still high, at least around here.

Remodeling Costs/Build Costs vs. Purchase Price
By LAO  22 comments, latest 1 year ago:
E-man says Cost me $14k (all materials and labor included) to renovate a 800 sq.ft. condo. - New kitchen with stainless steel appliances, stainless steel double sink, granite countertop, glass mosaic backplash. We kept the...

corntrollio says The family you described would get a 5%
By LAO  posted 1 year ago:
corntrollio says The family you described would get a 5% reduction in tax rate at the top bracket, and 2% and 3% for lower brackets. I did overlook the 5% decrease in tax bracket... Because...

Mortgage interest Deduction limit... Toomey's Tombstone plan?
By LAO  17 comments, latest 1 year ago:
Before anyone gets all worked up over this, remember this is Toomey's plan. It's pretty much irrelevant in this politcal enviroment. There's just so many plans out there but nothing gains traction anyway.

PayRoll Tax Extension necessary.. Or we are facing a painful 2012...
By LAO  3 comments, latest 1 year ago:
This the same argument everyone gives for a temporary tax reduction. Move along, nothing to see here. Everyone paid 6.2% out of their end for many years until this year and nothing catastrophic will happen...

1997 Home Prices... 15 year anniversary in 2012!!
By LAO  51 comments, latest 1 year ago:
Corntrollio - I'm not sure if the claim of 1997 prices should be inflation adjusted or not. But even if so, if you look at Thomas Wong's chart, the SJ index is now about 580,...

Obama's Jobs Bill...
By LAO  10 comments, latest 1 year ago:
zzyzzx says Importing millions of cars while exporting maybe a thousand is not a good economic plan. The mantra "they build them here now" doesn't work when they only make small % of their total...

Can a home purchase remain non-recourse when refinancing in CA?
By LAO  2 comments, latest 1 year ago:
I wonder if these low rates and forced refinancing are just to keep everyone in their homes under the banks thumb... I guess if you recently bought and aren't under water refinancing to recourse wouldn't...

Under 4% 30 year fixed mortgages!!!!!
By LAO  31 comments, latest 1 year ago:
TMAC54 says Thanx ptiedude. I learn from your writings / perspective as well. But I am runnin short on jpegs, so if we don't put some of these criminals away soon and correct our free...

Bringing Home Troops... Skyrocketing unemployment?
By LAO  6 comments, latest 1 year ago:
bob2356 says Where does anyone propose to bring the troops home and fire them all? It isn't called firing Bob, it is downsizing. They have already adjusted the regulations and orders to start filtering people...

US government becomes your landlord
By LAO  5 comments, latest 1 year ago:
Tenouncetrout says Feeling obtuse today Ellie, or you just stopped reading the news? Actually, I was referring to the "some articles" comment. I'm hoping that I don't have to go into detail as to why...

Should you sell your house now?
By LAO  39 comments, latest 1 year ago:
woggs1 says frustrated says I purchased a house in 2007 in a town that was started in 2003. Before the economy crashed, these houses were selling between 600k - 900k. I thought that purchasing this...


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