patrick.net

You have to be behind on your mortgage to be this deluded.

APOCALYPSEFUCKisShostikovitch says

That's right. Buy now or be HOMELESS FOREVER. All you fucking assholes will be raped by the landlord - or skull fucked by a bank. CHOOSE! ASSHOLES!

But, golly, Mr. B, wasn't this a hit on American Top 40 in 2006?

...just wanted to repeat that...

You must be a renter Jh and epitaph

Do you not see the absurdity of buying now as in 2005? You can make fun of me for not buying in 2011 but don't delude yourself into believing the age old mantra that this time is different. Buyers late to a bubble lose...happens in all markets. You think I should buy loads of stock now? And commodities?

There is one thing I think you should buy and that is a shotgun. You obviously have bad luck and miss everything so you should end it all now. Or you can move out of our country.

Miss everything = didn't buy in 2012.

Haha you are a realtor? Sorry you are about to see a drop in salary

Miss everything= didn't buy in 09, 10, 11, 12. U missed four boats. Good job

Bm05211983 says

You must be a renter Jh and epitaph

You must be a troll

Bm05211983 says

Miss everything= didn't buy in 09, 10, 11, 12. U missed four boats

Did any of those boats have a cuddy?

Supply and demand curves do not always intersect: they become parallel when sad losers can no longer afford to pay the prices demanded by winners.

Soon real estate will be merely traded among the intelligent, because nobody will be able to pay a winner the true worth of his noble home.

El HydroCabron says

Supply and demand curves do not always intersect: they become parallel when sad losers can no longer afford to pay the prices demanded by winners.

Soon real estate will be merely traded among the intelligent, because nobody will be able to pay a winner the true worth of his noble home.

Govt props up stock market, cheap gainers sell and buy real estate until that fails...then on to the next quick fix. Hail to the winners.

Who's gonna by your shack from you if no renter can afford it anymore?

My shacks aren't for sale And never will be kiddo. People will alwAys need a place to live unless they live under a bridge like you

This is good.
Admitting your mistake is the first step back.

Bm05211983 says

My shacks aren't for sale

Bm05211983 I hope you don't live in California.

These people are crazy, you don't want to be rattling their cage, teasing them about the price of RE and how they'll be renting forever and you'll just raise the rent on them... blah blah blah.

They'll pass damn laws to set rent control, or better yet, use eminent domain to commandeer your property to give to the poor.

Your rent will be double donjumpy while ours never changes. Good luck

Bm05211983 says

Miss everything= didn't buy in 09, 10, 11, 12. U missed four boats. Good job

If I want a good investment, I do not buy when interest rates are low. I buy when they are high like my parents generation. You will not see increases in value over the next 30 years as we have over the past 30 years. Those increases were due to 2 things: 1) inflation, 2) decreases in interest rates. The monthly payments in 2012 were identical. The problem is I cannot refi like my parents did a bazillion times to lower their rates. By 2040 homes will be worth what inflation allows minus all the saps with large student loans. Too bad to get there you will repair repair repair.

For now I will enjoy paying lower rent than the market value of owning my house...while watching the landlords but in their own sweat equity. My landlords bought in 1983. Kudos to them my house is a cash cow. If you bought then, congrats. If you bought recently, good luck.

CaptainShuddup says

Bm05211983 I hope you don't live in California.

Where are you from?

I live in Silicon Valley and my mortgage payment is 1300(locked in for 30 years) a month for a 3 bedroom house in great neighborhood with good schools. It would cost 2700 to rent this house. Hey donjumpy alot, where is all the inventory coming from???

Housing is about to crater (again)

I hope it crashes and BURNS, no joke. But it probably won't unfortunately

Maybe in other areas of the country but banks have very few in Silicon Valley. I hope you are right though!

Bm05211983 says

I live in Silicon Valley

where values only go up. econ 101 baby.

JH says

Where are you from?

Where the mortgage is still cheaper than rent. Even after after giving Rick Scott an extra $330 a month for property insurance.

I hope they crash and burn

CaptainShuddup says

JH says

Where are you from?

Where the mortgage is still cheaper than rent. Even after after giving Rick Scott an extra $330 a month for property insurance.

Rick Scott's RE prices are awesome. Sure you can pay for your ocean views, but if you go all of 1/2 mile inland prices are normal. And a few miles inland, it's cheapo cheapo.

Who in the fuck would want to live on a Florida beach?

Bm05211983 says

Your rent will be double donjumpy while ours never changes. Good luck

No, nothing about your place changes. Same mortgage, same taxes, same maintenance, same insurrance. Same bills over and over draining your income so you are locked in perpetual debt until you get close to dying. Hey don't forget that everything about your house gets older each and every day. Good for you. I wish I had gotten that memo.

RentingForHalfTheCost says

No, nothing about your places changes. Same mortgage, same taxes, same maintenance, same insurrance, same bills over and over draining your income so you are locked in perpetual debt until you get close to dying. Good for you. I wish I had gotten that memo.

I don't get this argument, what is your ultimate end game?

Someone gives a place to live out the rest of your life, rent and mortgage free? While we poor homeowners who were duped into buying a house, languishes with our mortgage payment. Which for me, is $500 to $700 less for my house, than if I were renting something comparable.

You've got to cover your monthly roof nut regardless where you live, or the terms of those conditions. Whether it's renting or paying a mortgage. You will continue to cut someone a check until the day you die. Hopefully for homeowners, who will eventually pay off their house. Their monthly property tax should still be a hell of a lot cheaper than renting.

But I probably shouldn't tell you that, you'll just use that as proof, income inequality, and sign a petition urging congress to raise my property taxes, because we've got it so good.

Grow up already!