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Housing Un-American Activities Committee


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2007 Apr 26, 2:53am   14,608 views  147 comments

by Peter P   ➕follow (2)   💰tip   ignore  

Committee Member: Are you now, or have you ever been, a renter?

Joe: Sir, that is not a fair question.

Committee Member: That is a simple, fair question.

Joe: Yes. I rent.

Committee Member: America has offered innovative financing products for you to become a homeowner, a true American. Why did you refuse those opportunities?

Joe: It is because housing prices are detached from the fundamentals.

Committee Member: I see that you are an un-American fundamentalist. Why do you hate homeowners? Do you also hate motherhood and apple pie? Why do you reject Freedom?

Joe: I do not hate homeowners. I do not hate America. I embrace Freedom. Have you no sense of decency, sir?

* * *

Is renting inherently un-American? Do renters hate Freedom?

For entertainment only.

#housing

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142   MichaelAnderson   2007 Apr 28, 1:31am  

Any good inflation beating investment ideas?

>>Answer is in the article quoted in the post immediately before yours. Quality stocks, bonds, and managed lumber.

143   sam204   2007 Apr 28, 3:50am  

Guy here in Baltimore raised my co-workers rent from $1800 to $2200 because "interest rates increased". The co-worker moved 1 block over to a better place. His old place has been vacant for 5 months now!

Note to moron investor: no one cares that your interest rate resets/ option arm is starting to amortize/ rent doesn't cover mortgage. Also, $1800 > $0.

144   DinOR   2007 Apr 28, 3:59am  

Michael Anderson!

Long time, no see! How are you? Hope things are well in "Oregon's Carmel"! Managed lumber? You and I gotta talk. Do you still have my e-mail/number? What about these guys trading the fake lumber like Trex (TM) etc? Ben Jones (more expert than I) tracks the building materials pretty closely. Are you a "Random Lengths" subscriber?

We've been "up" 19 of the last 21 trading sessions (as I'm sure you're aware) and the money keeps coming in! Trust me, I'm open. :)

Have I ever been more open about *not* knowing what comes next?

145   DinOR   2007 Apr 28, 4:01am  

SAM,

Oh that's TOO much! LOL!

Get that man a beer. :)

146   DinOR   2007 Apr 28, 4:26am  

Salk,

You mean that "ownacondo.com" in Right Field (and at times over A.J's right shoulder) isn't working?

Anybody else gettin' the CHISOX on the west coast?

I tried WGN on Charter Cable and all they usually have is Da' Cubs. What's up?

No disrespect to Cubs fans.

147   MichaelAnderson   2007 Apr 28, 4:43am  

DinOR,

Yeah, been busy. How the heck are you people? I do still have your number. My investments are still on track. I'm not set up as a pro, yet. Just my own money so far. :-)

I'm Subcranium over on the SDCIA board. I post there now and then.

I'll probably post here now and then, too. Mostly just lurk all over the place in various financial blogs.

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