patrick.net

SFWoman,

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

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?

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

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?

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.

Chav culture? Rooney! Rooney! Rooney!

"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.

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?