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Owneroccupier,
Good point. It's better not to alienate people for one man's exhibitionism.
Peter P,
Although I'm not personally offended, it will be better to erase the offending remarks.
I think GentleCheetah should be banned for crossing the line.
Let's delete for now. He should considered himself warned for potential banning.
Thank you Peter P.
As you can see he struck a chord with me.
I not only have a gorgeous 13 year old boy but I have worked with troubled teens whos lives were trashed by jerks that think like GC.
This is an area not to be tred upon lightly.
Linda,
Thanks! I read about Murphy's knives on the knife forum I linked yesterday.
I think that might be a bit too special for me right now, though those are quite beautiful and not expensive for what they are. I think that for now, I will get a low end MAC knife, and a good water stone. That should keep my knives appropriately sharp and usable, until I can afford more.
I apoligize to the rest of you for my profanity...
but alas...I wouldn't have said it any differently.
It needed to be said.
And I thank those of you who helped.
Greatly appreciated.
Thanks Peter P.
I went to a Catholic boy's school for most of my school life. While I was very lucky to end up with kind-hearted and dedicated fathers who did everything possible to give us the best education, I do know someone less fortunate and got his life messed up by a child-molesting priest who was eventually brought to justice many years later.
It is not a topic that should be discussed lightly on any site, it belongs to some kind of forum for the support group.
I apoligize to the rest of you for my profanity…
I totally understand.
If you look at the ziprealty inventory, why is Evergreen in San Jose having the highest inventory? I am under the impression that Evergreen is a quite decent part of San Jose. Its inventory is higher than Gilroy and Morgan Hill!
Linda,
It's fine. You're right to be angry.
Although I don't think GC would actually act on his impulses, that sort of dehumanizing of victims thinking is the sort that aids many a gruesome crimes.
I used to know a guy named Mr. Morgan
that raised Morgan horses on Morgan Hill!
Also, I am not seeing anything above $2M moving since 2 months ago. Of course, beyond the $2M mark, there are LOTS of $2-5M on the market, hundreds for sure. Do the owners have to sell? Why do they want to sell? Where do you scoop up so many homeless multi-millioanires to take over these multi-million dollar homes?
If you look at the ziprealty inventory, why is Evergreen in San Jose having the highest inventory? I am under the impression that Evergreen is a quite decent part of San Jose. Its inventory is higher than Gilroy and Morgan Hill!
Is 95138 any good?
Linda,
he should have branded his horses: Morgan Horses by Mr. Morgan of Morgan Hill. That would have been a very distinctive brand :-)
I think 95138 is near the Coyote Creek Park at the Eastern foothill, better than getting trapped in the middle. San Jose has several good spots, IMHO, downtown, because it is getting cool, west side Almaden, Santa Teresa, and the Eastside foothill. Anything trapped in the middle is just not interesting at all.
Around LA the buyers lately of the 900K homes are rich folks downsizing from their multi mil$ home on the westside. So, the question...who are all these buyers and where do they get all that $$$ has been answered. I believe there are still some specuvestors at work in the Sherman Oaks, Studio City area...but fewer.
I am waiting to hear of short sales as I believe they are the first concrete sign that prices have dropped and banks aren't expecting them to rise any day soon.
Short sales are a very good sign.
I would love to hear if there are short sales in other areas.
LA seems to follow Orange County...anybody from there?
http://www.shortsaleexpert.com/
It means that the homedebtor is trying to sell for less than the loan amount. It requires bank approval and may have tax consequences. It is messy but it is one way to avert foreclosure.
quoting from Requiem (thanks for the clarification, BTW),
"Quoting eHow:
A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for."
Thanks, requiem --very cool (and timely)!
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ooO Ooo
SP
I almost don't recognize you with your new name.
PS(post script)...I like the name LILLL. :)
It's a good short cut.
Sould I change my handle to LILLL?
Oh!
Yeah, we Bay Areareits are proud to announce the birth of our first batch of NEOs! (Negative Equity Owners)
We should have a sidebar here for a NEO support group, NEOs from around the world, Tokyo, London, Hong Kong, SF, UNITE!
astrid,
Nah, I won't worry about that too much, the banks have the muscle, not the pity little NEOs. I have seen NEOs around the world go down in flames without a dime of help from the government. In fact there was a few NEO pride parade in HK a few years ago, nothing happened.
Astrid
Last crash round the govt did nothing to help NEOs. Instead, they passed the 500K cap gains law.
The gov might help out Fannie but I doubt the neighborhood NEOs will benefit. If they do deflate the USD, I doubt it will be to help the NEO...it would be to reduce the national debt...don't you think? Any NEO benefit would just be a lucky side-effect.
What do you guys think?
Deflate or devalue? Different things, confusingly enough. Best for for the NEO is inflation (devalue), as they can then earn more money to pay off the outstanding debt.
E.g. Debt of 100 units, income of 10 units, food costs 2 units.
Inflation: debt of 100 units, but now income of 20 units, food costs 4 units.
Deflation: debt of 100 units, but now income of 5 units, Food costs 1 unit.
Owneroccupier,
Thanks for that perspective, it made me feel better :evil:
requiem,
Yes, however, that's assuming they're employed and smart enough to get a fixed rate mortgage to ride it out.
I saw a new sign today, it was hanging on the bottom of the realtor sign, it said EXCELLENT TERMS, a little on the Duh side!
The house has been sitting for a long time. I pass it every morning taking the kids to school. I wonder if the sign will help it sell? I think not!
Well, I don't have any fancy kitchen knives, I don't know much about cars, I drive a boring toyota sienna, & I don't know much about Greek "stuff", but we do have 10 dirt bikes in the garage!
"Jamie, care to educate the crowd on plushy/furry? "
Surfer-X, why oh why do you think I would be an expert on the plushy/furry phenomenon? No, wait, I don't think I want to know.
"Jamie, caveman or super suave pierce brosnan?"
Errr...none of the above.
requiem,
Inflation, as experienced by an individual, is not one variable. Income inflation generally lags quite a bit behind commodities, staples and energy.
I just finished reading Cryptonomicon. Anyone have any good suggestions for a summer read?
@Benjamin, 1) is it hard typing with a mayo cucumber up your ass? 2) Is is even harder typing in the Gimp outfit with a mayo cucumber up your ass?
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