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Athena, not to be overly vulgar but have you ever eaten corn? What happens say 8-12hrs later? Wow, I ate corn. Now imagine you are a troll who's Mom I am having let’s say very SF man/man relations with, but I'm Surfer-X and she's Zephyr's mom. And I see corn on my....well.... you get the point.
Listing Price Selling Price
$2,450,000 $2,565,000
Did you see that stucco, faux SF McMansion?
What a joke!
I'd rather slap the $2.5M in T-Bills at 5%, take my $100K after tax income and rent a room in Santa Cruz, kick back on the beach with a Dos Equis or two, and play some drums.
Randy H
2006 May 28, 12:03am
To answer one question, is transit a nonpolitical entity?
Only in the fantasy land that the denizens of "The Futurist" inhabit. Transit, including freight, public and personal locomotion, are a major infrastructure backbone and represent one of the most significant variable sets in the US economic structure. Attempts to prove the contrary -- I invoke a "proof" on "The Futurist" that high oil prices would be good for the US -- are little more than wishful thinking and errant logic.
If someone invents practical solar cars, maybe all this will change. But in a consumer economy, transit and transport are king.
Sorry Surfer-x for your frustration in not participating in the biggest recent wealth creation ever.
You’re right, the market is really crashing. It’s crashing so hard that this home just closed for $105,000 over asking. Duhhhhh.
I'm sorry asshole the house you are spewing shit about sold in 2004 for $2260048. Ok so the maggot that bought it used an option ARM, their piti payment was ~ 10K/month=$240000 in 2 years. Sold in 2006 for $2565000. Wow what an amazing wealth creation mechanism. $2260048 +$240000=$2500048. So they are what 60K ahead? Whoops, 6% to realtwhore,$150002. Hmmm, excellent investment, but hey they only lost $90K. Seems like an excellent investment to me.
Hey your Mom was amazing last night, nevermind about the corn, tell her I didn't notice it once i was in her colon.
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Pilots of commercial airplanes must constant look for mechanical problems and other variables that might jeopardize the safety of the flight. They do this even though commercial flying is statistically safe. They do this even they trust their skills (rightfully so).
At this point, the "housing star" appears to be in "retrograde". We have always thought that a crash is the next step. How will this play out? Will this "star" fall out of the sky? Or will it continue its progress after a "brief" pause?
We must be vigilant. We must not be fearful of the prospect of being wrong. We must react to every change.
God bless.
#housing