EastCoastBubbleBoy's threads


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If they don't raise the debt celing
by EastCoastBubbleBoy on 17 Apr 2011   8 comments, latest 15 years ago
and we run a real risk of default (or at least a partial default) Would the credit agency lower the credit rating of the USA? Somehow I don't think ...

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Worlds 2nd Oldest Man was a renter
by EastCoastBubbleBoy on 14 Apr 2011   Posted 15 years ago
http://news.yahoo.com/s/ap/201

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PropertyTaxes
by EastCoastBubbleBoy on 30 Jul 2010   37 comments, latest 15 years ago
The foreclosures in my area are finally starting to drop in price. School taxes are due in the fall so I have noticed more aggressive pricing on the REO ...

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Is a housing shortage coming?
by EastCoastBubbleBoy on 14 Jun 2010   36 comments, latest 15 years ago
http://money.cnn.com/2010/06/1 From my vantage point (someone who feels that housing is still overpriced in most coastal metro areas) I could shoot more than a few holes in this article. ...

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Realtors
by EastCoastBubbleBoy on 17 Sep 2010   110 comments, latest 15 years ago
There is much venom directed at real estate agents around here. We also have at least a few realtors who post semi-regularly, and I am sure there are some ...

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State of the Union Address
by EastCoastBubbleBoy on 25 Jan 2011   13 comments, latest 15 years ago
Watching now... not sure what to make of it. Will post more later.

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Escrowing Taxes
by EastCoastBubbleBoy on 7 Dec 2010   11 comments, latest 15 years ago
When I do finaly buy, I am thinking about forgoing escrow of taxes and simply paying them as they come due. Here is my thinking. I have enough set ...

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Ben Bernanke on 60 Minutes
by EastCoastBubbleBoy on 5 Dec 2010   5 comments, latest 15 years ago
Waiting for it to start... his interviews are always interesting.

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Return To Balance
by EastCoastBubbleBoy on 20 Nov 2010   30 comments, latest 15 years ago
Thinking about where we have been, where we are now, and where we may be headed, what we are severely lacking, on all sides, is a sense of balance. ...

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No Money Down - Indirectly Sponsered by you and me
by EastCoastBubbleBoy on 10 Oct 2010   1 comment, latest 15 years ago
From the Boston Globe http://www.boston.com/business #housing

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Rebuttal to: Housing Crash Continues -- It's Still A Terrible Time To Buy Why? [WARNING LONG POST]
by EastCoastBubbleBoy on 15 Sep 2010   Posted 15 years ago
Patrick. Love the site. Agree with you more often than not, but feel the need to present "the other side" in light of current rates / prices / government ...

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Have we forgotten already?
by EastCoastBubbleBoy on 9 Sep 2010   7 comments, latest 15 years ago
It's been nine years. The tragedy of that day seem both a distant memory, and as raw as the moment they unfolded, almost simultaneously. Time heals all and I ...

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Never Underestimate the Power of Government Intervention
by EastCoastBubbleBoy on 29 Aug 2010   4 comments, latest 15 years ago
Saw at the tail end of 60 Minutes tonight that the home-buyer tax credit may be reinstated. Haven't been able to find much about it on the net though. ...

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Suburb & Exburb Prices
by EastCoastBubbleBoy on 3 Aug 2010   4 comments, latest 15 years ago
I hesitate to even post this - but it warrants discussion. In 2001 and 2002 I was shuttling back and forth amongst various northeast locations (including most of the ...

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A sign of things to come?
by EastCoastBubbleBoy on 26 Jul 2010   7 comments, latest 15 years ago
Although I don't post in large volume, I read this site quasi-daily, and have been almost since its inception. Over the years, most of the posters here have been ...

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Extreme Savers
by EastCoastBubbleBoy on 19 Jul 2010   4 comments, latest 15 years ago
http://money.cnn.com/galleries So I do a quick calculation, and lo and behold, our house is saving over 35% of our after-tax income. (Much to my pleasant surprise) Although I don't ...

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What is "normal" drinking?
by EastCoastBubbleBoy on 20 Jun 2010   17 comments, latest 16 years ago
Obviously, an internet forum on hosing isn't the best place to go for advice. With that caveat out of the way what is "normal" drinking anyway? During the work ...

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Shorting Spain
by EastCoastBubbleBoy on 6 May 2010   1 comment, latest 16 years ago
I am still kicking myself for not shorting financials during the Bear Stearns / Lehman fiasco. Given that I feel that Greece is the tip of the iceburg, how ...

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How's your company?
by EastCoastBubbleBoy on 10 Apr 2010   12 comments, latest 16 years ago
I was in an interesting discussion with my boss the other day. In short, we have had plenty of request for quote in recent months, but we are converting ...

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Fustration
by EastCoastBubbleBoy on 26 Mar 2010   45 comments, latest 16 years ago
I will never forget what my High School English teacher once said to me. The key to life is knowing the rules of the game. You don't need to ...

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I can't help but notice (Healthcare Debate)
by EastCoastBubbleBoy on 21 Mar 2010   9 comments, latest 16 years ago
Flipping back and forth between the NCAA tourney and the healthcare debate. Where is Madam Speaker Pelosi? Why is Jesse Jackson Jr. filling the speaker's chair? I don't care ...

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What's the catch?
by EastCoastBubbleBoy on 20 Feb 2010   9 comments, latest 16 years ago
I keep asking myself this. I saw a house earlier this week. I expected it to be a dump. It wasn't. I expected it to be in a swamp. ...

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Great Depression 2.0?
by EastCoastBubbleBoy on 22 Jan 2010   10 comments, latest 16 years ago
For a few years now (since at least 2007), I've been on the fence with respect to weather or not we are seeing a new depression unfold before us. ...

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What if we are hitting bottom?
by EastCoastBubbleBoy on 14 Sep 2009   128 comments, latest 16 years ago
I keep coming back to the idea that maybe the housing market is bottoming out. Granted it depends on where you live, but I'm starting to think that on ...

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Property Taxes
by EastCoastBubbleBoy on 19 Dec 2009   18 comments, latest 16 years ago
The biggest hurdle to home-ownership is the area that I currently live in is the taxes, specifically property and school. Take for instance the following "typical" house (if there ...

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Housing Related Song Lyrics (Intentional or Otherwise)
by EastCoastBubbleBoy on 30 Oct 2009   5 comments, latest 16 years ago
The percentage you’re paying is too high-priced While you’re living beyond all your means And the man in the suit has just bought a new car From the profit ...

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The Dow Then and Now
by EastCoastBubbleBoy on 18 Oct 2009   2 comments, latest 16 years ago
OK, The debate (or discussion really, since we are coming to the same conclusion) between my wife and I, is whether or not the economic landscape has bottomed, or ...

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tmp2
by EastCoastBubbleBoy on 14 Sep 2009   5 comments, latest 16 years ago

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Currency Devaluation
by EastCoastBubbleBoy on 14 Sep 2009   1 comment, latest 16 years ago
Posssibly my worst fear... a la Mexico in the 1990's, or the US in the 1930's. All of that down payment money... wiped out with the stroke of a ...

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The Conundrum
by EastCoastBubbleBoy on 29 Aug 2009   16 comments, latest 16 years ago
I may have posted this before a long time ago, so please forgive me if I repeat myself. Take your typical Patrick.net visitor (if there is such a thing). ...

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Is Healtcare a "Fundamental Right"
by EastCoastBubbleBoy on 30 Aug 2009   4 comments, latest 16 years ago
As I was watching the Kennedy Funeral on TV yesterday, it was mentioned on more than one occasion, how Senator Kennedy saw healthcare as a fundamental right. Although others ...

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Turkey & Armenia agree to establish diplomatic ties
by EastCoastBubbleBoy on 31 Aug 2009   1 comment, latest 16 years ago
http://www.boston.com/news/wor

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Random Thoughts on the 40th Anneversary of Woodstock
by EastCoastBubbleBoy on 15 Aug 2009   3 comments, latest 16 years ago
I'll post this one in both forums, just for the heck of it. I got a call from a friend of mine yesterday afternoon, he was sitting in traffic ...

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Rolling Stone Article On Goldman Sachs & Bubbles.
by EastCoastBubbleBoy on 10 Jul 2009   12 comments, latest 16 years ago
I can't find the article on their website, but the basic synopsis was how Goldman created (and cashed in on) the internet bubble, the housing bubble, the oil bubble, ...

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Lets help out the less fortunate
by EastCoastBubbleBoy on 24 Jul 2009   Posted 16 years ago
by paying for their housing cost if they loose thier jobs. http://money.cnn.com/2009/07/2 Now, I'm not against this idea, so long as it applies to both renters and owners. That ...

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My minimum buying critera.
by EastCoastBubbleBoy on 21 Jul 2009   14 comments, latest 16 years ago
As this housing market has played out over the past eight years, I have changed my assessment of what is an "acceptable" house. My wants have evolved from a ...

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EastCoastBubbleBoy
by EastCoastBubbleBoy on 21 Jul 2009   1 comment, latest 16 years ago
I've been a long time visitor to Patrick.net. I first stumbled across this site back in 2002, and have kept coming back periodically ever since. As one of the ...

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If you could do one thing
by EastCoastBubbleBoy on 10 Jul 2009   14 comments, latest 17 years ago
to "fix" the current housing / economoic mess we're in, what would it be? #housing

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Is homeownership really a hedge agains inflation?
by EastCoastBubbleBoy on 23 May 2009   18 comments, latest 17 years ago
So there I am cranking some "rent vs. buy" numbers and I got to thinking. Historically a house is supposed to be a hedge against inflation. Certainly, future inflation ...
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