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Good News! Lower House Prices!


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2008 Apr 16, 7:13am   18,424 views  166 comments

by Patrick   ➕follow (59)   💰tip   ignore  

happy

How can we get the press to stop reporting lower prices as bad news?

Lower food prices = good.
Lower gas prices = good.
Lower house prices = GOOD.

Why don't we see the good news story of lower prices in the press?

Patrick

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155   FormerAptBroker   2008 Apr 20, 11:37pm  

Peter P Says:

> All under-aged robbers should be tried as adults.
> We should not age-discriminate criminals.

We should treat all people the same. If I get shot by a 17 year old gang member it is not any different then getting shot by a 19 year old gang member…

It is a myth that you can “rehabilitate” someone just because they are young. I’m guessing that about and 99% of the 16 year old “kids” caught doing drive by shootings at 15 are doing them again at 18 when they get out of juvenile hall…

156   FormerAptBroker   2008 Apr 20, 11:48pm  

Brand Says:

> looking at some properties up by the University

What University??

> What are the typical checklist points for considering
> necessary maintenance on these older properties?

You need to do some walk throughs with some contractors. A picture is worth a thousand words...

157   DennisN   2008 Apr 20, 11:56pm  

....and a word from a contractor is worth a thousand dollars. ;)

158   Peter P   2008 Apr 21, 1:19am  

It is a myth that you can “rehabilitate” someone just because they are young.

When you have guilt-driven liberalism...

All of the robberys that were stopped by an armed victim sure don’t get the media time they should.

Perhaps the media thinks the victims should have been submissive. After all, they think anything illegal deserves more rights.

159   BayAreaIdiot   2008 Apr 21, 2:01am  

Brand I'm curious about something.

Buying near a college seems smart as you have a sure supply of renters in perpetuity. Given that this fact should be obvious to everyone, are these places holding on to their high (inflated?) per sq. ft. prices better than the rest of the city of Ft Collins?

160   BayAreaIdiot   2008 Apr 21, 2:02am  

or is Colorado State in Greely and not Ft Collins? I'm soory but I get them confused. Hope nobody is offended :-)

161   Peter P   2008 Apr 21, 2:15am  

Buying near a college seems smart as you have a sure supply of renters in perpetuity.

I have never been a landlord but I heard college students are not exactly the good kind of renters.

162   BayAreaIdiot   2008 Apr 21, 2:18am  

Maybe they're not the best Peter P, but you can charge a large deposit just in case. You can also probably overcharge for rent since it's generally shared between 2-3 sets of parents ;-) - add the fact that your rental is never empty, and you should come out a winner (if you got a good price when you bought). I think.

163   BayAreaIdiot   2008 Apr 21, 2:20am  

or if you really want to be safe, don't rent to B-school or Liberal Arts students. Rent only to graduate engineering students - less partying aftereffects.

164   jackh   2008 Apr 21, 2:52am  

In Fremont, we were looking for a house this past week, and when we found a house that was REO, there were multiple offers,and overbidding.
We didn't buy in the end, since we still think the prices have some more ways to drop. But the psychology is crazy

165   EBGuy   2008 Apr 21, 2:57am  

All of the robberys that were stopped by an armed victim ....
Bap33, I knew I could count on you. I think that is what caught my eye about the article -- welcome to the Wild West.

166   jdonnovan   2008 Jun 10, 1:05am  

Unfortunately the press does not see "good news" as being a good news story. They apparently feel the need to dwell on the negative of everything in order to stir up emotions and increase their ratings, thats why I have pretty much given up on watching the news.

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