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From Hi-Fi to Wi-Fi to Re-Fi


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2006 Sep 18, 2:43pm   12,195 views  196 comments

by Peter P   ➕follow (2)   💰tip   ignore  

What have we achieved in the past 25 years? What have we learned?

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184   Peter P   2006 Sep 20, 9:56am  

They are asking $842/square foot for an apartment that is uglier than any college dorm I have ever lived in.

Who needs such a huge laundry room? Why do they have multiple machines in such a small apartment? Is this about the 2x of everything again?

185   Peter P   2006 Sep 20, 9:57am  

He gave it to me as a gift (an odd gift for someone who never washes or cleans her car).

Don't worry. Lexus gives you a free wash everytime you bring it in. :)

186   Peter P   2006 Sep 20, 10:01am  

It is one of those apartment building laundromats.

Huh? 8-O

This apartment at The Brannan costs less than $800/sqft:

http://tinyurl.com/r2h54

Why would anyone want an apartment with communal laundry at that price?

187   skibum   2006 Sep 20, 10:01am  

SFWoman Says:

They are asking $842/square foot for an apartment that is uglier than any college dorm I have ever lived in.

http://www.sfarmls.com/scripts/mgrqispi.dll?APPNAME=Sanfrancisco&PRGNAME=MLSLogin&ARGUMENT=9%2FoO2od4QnB890WxsI26ZKKu9IiMM07LbNaqq54WqYo%3D

I enjoyed looking at the turquoise-colored bathtub.

I guess they *can* say the the kitchen has a stainless steel appliance.

188   Peter P   2006 Sep 20, 10:08am  

New thread: Brave New Market Revisited

189   astrid   2006 Sep 20, 11:04am  

SFWoman,

That realtor should have stuck to one picture (of the street). The more I see, the less appealing it looks.

190   OO   2006 Sep 20, 11:31am  

I consider any parts of my body expensive realty, why would I pay $$$ to put other logos on my body? Shouldn't the manufacturers pay ME to put their logos on my body parts?

I will carry a LV briefcase with the frigging LV motif all over it if LV pays me $100 a day for carrying it around, not too much to ask for, right?

191   skibum   2006 Sep 20, 12:27pm  

OO Says:

I consider any parts of my body expensive realty, why would I pay $$$ to put other logos on my body? Shouldn’t the manufacturers pay ME to put their logos on my body parts?

You mean, like this?

http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2005/06/30/national/a064000D81.DTL

192   speedingpullet   2006 Sep 20, 12:32pm  

SFWoman..

...ah yes, the chav cuture...one of the things I really don't miss about living in London any more.

The worst culprits for 'logo on everything' seem to be the cheaper stores like Old Navy or A&F. Its next to impossible to get a T-Shirt there that doesn't have thier logo blazoned across the entire front. Why pay good money for advertising when your shoppers can do it for you by wearing your clothes?

193   Different Sean   2006 Sep 20, 3:52pm  

exotic mortgages may have been around 'forever' (well, since the 80s), but the use to which they are now being put is incorrect and dangerous. option ARMs were originally created for cashed up investors at the high end who wanted to increase their deductions later in the life of a loan by deferring interest payments, or for other reasons. they were never intended as an ordinary mortgage vehicle for people who have been told their property is guaranteed to appreciate at 7-10% a year forever, so just hold on and wait. people are then mortgaged at the absolute limit of what they can bear just paying artificially low interest, on low-doc loans given to them by unscrupulous or thoughtless brokers and lenders.

similarly, interest only (I/O) loans were designed for knowledgeable investors to maximise their returns in the immediate present by increasing the tax deduction component of their investment.

this kind of half-baked, ungrounded guff where you blame the victim who is only trying to buy a place in an overheated market, aided and abetted by unscrupulous brokers and lenders, is not very helpful. why would borrowers select an option ARM or I/O loan if it is inappropriate for them? surely the advice of their lender would also be that it is inappropriate and they would refuse to make the loan, if they were acting prudentially? people seem to have no problem being granted these loans, or having them pushed on them, as a 'solution' to housing unaffordability which has been spiralling beyond their control.

194   salk   2006 Sep 21, 7:59am  

Chav culture? Rooney! Rooney! Rooney!

195   astrid   2006 Sep 21, 8:15am  

"Victoria v K Moss? She did snag Becks……"

It must be voodoo or a part of Beckham's deal with the devil. That woman is seriously scary and not human.

196   salk   2006 Sep 21, 8:46am  

Vegas? Had a great time there so i decided to go condo hunting on/near the strip. 600k for a 300 sq foot "studio". "Shaq bought one!" No thanks. Turnberry million plus; bus loads of specuvestors pouring into sales trailor. No thanks. Homes in Summerlin(?). 5-6 bedrooms 900k+ never lived-in lining the streets. streets abandoned except for tattooed skateboard pickup truck types. Streets lined with for sale signs one next to another. Realtor:They are all invested in newer 1.5-2 mil homes in other developments.. great opportunity...make an offer...you can rent it for at least 2000/mo...I will clean it for you... drive you to the airport...a man of your status must have a house here... you must drive a 760i...never find an opportunity like this. The clincher? My LA friend: "Vegas is passe."No deal. Mortgage broker fresh off the boat from Bosnia: "I bought ahouse for 450k and sold it next day for 475k. It is crazy. You buy a house , extract equity, and put it in our "Money Manager System". Barely out of community college and she wants to manage 900k. Really?

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