Patrick

I run patrick.net.

joined 2005 Apr 3, 9:31am   United States 410 posts   1,758 comments   following x   ignore ignoring Patrick x ignore


3
0
10 attractive cities that prove you can move overseas and live comfortably (washingtonpost.com)
by Patrick on 26 May 2018  9 comments, latest 4 hours ago
https://www.washingtonpost.com Buying a home overseas is not only for the wealthy. In some cases, living abroad is cheaper than living in the United States.The U.S. government doesn’t compile official data...

0
0
Bombing at Indian restaurant in Canada (cbc.ca)
by Patrick on 25 May 2018  5 comments, latest 7 hours ago
http://www.cbc.ca/news/canada/ Peel Regional Police allege two disguised men entered the Bombay Bhel restaurant, near a major Mississauga, Ont. intersection, planted an improvised explosive device and then fled. Moments later, at...

4
0
Getting Rich on Government-Backed Mortgages (bloomberg.com)
by Patrick on 26 May 2018  18 comments, latest 11 hours ago
https://www.bloomberg.com/news In his corner of American finance, where hard selling meets hard luck, Angelo Christian is a star, and he looks the part. He’s wearing black caiman shoes and a...

4
0
Why Don’t People Who Can’t Afford Housing Just Move Where It’s Cheaper? (nytimes.com)
by Patrick on 15 May 2018  25 comments, latest a day ago
https://www.nytimes.com/2018/0 But for the poorest renters — making less than 30 percent of a region’s median income — there is a shortage of affordable housing virtually everywhere in America. Moving,...

1
0
Housing Peak? Existing House Sales Drop 2.5%, Down Year-Over-Year Second Month (themaven.net)
by Patrick on 26 May 2018  Posted 2 days ago
https://www.themaven.net/misht It's looking increasingly likely that housing has peaked this cycle. Year-over-year sales are down the second month,The Econoday economists missed the mark badly this month on existing home sales.Single-family...

1
0
Brisbane Australia market in distress (domain.com.au)
by Patrick on 24 May 2018  1 comment, latest 2 days ago
https://www.domain.com.au/news There is no doubt that Brisbane’s apartment market has suffered over the past few years. Amid the alarming headlines of plummeting approvals and collapsed developments, the impact on sales...

5
0
Owning a rental house is not as lucrative as buying stock (azcentral.com)
by Patrick on 20 May 2018  31 comments, latest 2 days ago
https://www.azcentral.com/stor Single-family homes in large U.S. cities have generated returns of about 9 percent annually on average, according to the study, which examined results from 1986 to 2014.That would make...

0
0
Real estate fraud 101: Would You Know It if You Saw It? (americanbar.org)
by Patrick on 24 May 2018  2 comments, latest 3 days ago
https://www.americanbar.org/ne • Equity Skimming. Equity skimming happens when a buyer who wants to take out a large mortgage convinces the seller to re-list the house for an extraordinarily high amount...

1
0
New house sales in Toronto hit 20 year low (thestar.com)
by Patrick on 24 May 2018  2 comments, latest 3 days ago
https://www.thestar.com/busine New construction home sales hit the lowest number for April in over 20 years, says the association that represents home builders. ...There were 65 per cent fewer houses and...

3
0
Underpricing fraud taken to its logical limit by scammy realtors (realtormag.realtor.org)
by Patrick on 24 May 2018  7 comments, latest 3 days ago
http://realtormag.realtor.org/ The house is valued at about $413,000, based on comps. The home is 4,000 square feet and has a swimming pool and a 2-acre lot. By appearance, the home...

7
0
Reject the Recall! (stanforddaily.com)
by Patrick on 20 May 2018  7 comments, latest 3 days ago
Judge Aaron Persky is to be admired for standing up to the ugly climate of radical feminist intimidation and presumption of male guilt in all cases.Instead of merely crumpling and...

0
0
Mortgage rates have been rising at a pace not seen in almost 50 years (chicagotribune.com)
by Patrick on 24 May 2018  4 comments, latest 3 days ago
http://www.chicagotribune.com/ Mortgage rates continued their upward march this week, extending the most prolonged increase in rates in 46 years.According to the latest data released Thursday by Freddie Mac, the 30-year...

1
0
Housing stocks face worst year since the financial crisis (cnbc.com)
by Patrick on 24 May 2018  1 comment, latest 3 days ago
https://www.cnbc.com/amp/2018/ Housing stocks, among the top performers of 2017, are biting the dust.Homebuilders as a group, measured by the U.S. home construction ETF ITB, has sunk over 12 percent this...

0
0
Chris Langan's view on identity politics (quora.com)
by Patrick on 24 May 2018  Posted 3 days ago
https://www.quora.com/What-is- My view on identity politics is that it can be justified only if everyone of any ethnicity is entitled to participate, in which case it is necessary for all...

1
0
London's long housing boom is over (theedgemarkets.com)
by Patrick on 24 May 2018  1 comment, latest 3 days ago
http://www.theedgemarkets.com/ LONDON (May 23): Lance Paul put his home in West London on the market last May with a 1.5 million-pound (US$2 million) price tag. A year on, the retired...

0
0
Median House Prices: Work vs Gold (thesoundingline.com)
by Patrick on 22 May 2018  6 comments, latest 5 days ago
http://thesoundingline.com/med Both median US Home prices and family income have been rising since 1963, though home prices have outpaced income. To me, the feature that stands out the most in...

1
0
National glut of apartments (nreionline.com)
by Patrick on 22 May 2018  4 comments, latest 5 days ago
http://www.nreionline.com/mult Apartment landlords can no longer raise rents like they used to. So many new apartment units are opening that the percentage that vacancy is inching higher across the country.This...

0
0
Why the Fed needs to target housing in determining interest rates (marketwatch.com)
by Patrick on 22 May 2018  1 comment, latest 5 days ago
https://www.marketwatch.com/am The Federal Reserve should pay more attention to home prices when it sets monetary policy, a leading academic said Monday.In a new research paper circulated by the National Bureau...

1
0
A seller's advice to buyers (thenewstribune.com)
by Patrick on 22 May 2018  5 comments, latest 5 days ago
http://www.thenewstribune.com/ With the offers, I received several touching letters from prospective buyers telling me that they were offering everything they had, and to please consider them because they were desperate...

3
0
Silicon Valley pastor decries hypocrisy of area's rich liberals (theguardian.com)
by Patrick on 22 May 2018  3 comments, latest 5 days ago
https://www.theguardian.com/te A Silicon Valley pastor has resigned from his church after calling the city of Palo Alto an “elitist shit den of hate” and criticizing the hypocrisy of “social justice”...
page 1 of 21   next »



The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available


about   best comments   contact   one year ago   suggestions