SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (141738)4/20/2002 7:53:02 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Skeet, I like # 2. Keep the house, and rent it out.
>>#2 sounds good long term but entails more risk.<<
Opportunity always comes in the disguise of risk, you've been around this thread long enough to know the difference.



To: Skeeter Bug who wrote (141738)4/20/2002 9:08:56 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
Skeeter it's very difficult to be a long-distance landlord.

And isn't it true that most rented single family houses get rented out to people who will soon buy their own house, i.e. the rent has to be so high that they are very incentivized to buy their own house?

The only families I know who rented houses were people who got relocated for work and could not immediately find a home to buy, but then soon did. No single people I know/knew ever rented a house.

Apart from my first comment, this is anectdotal info at best so a grain of salt...



To: Skeeter Bug who wrote (141738)4/21/2002 8:13:07 AM
From: craig crawford  Respond to of 164684
 
A U.N. 'gay' threat to 1st Amendment?
Group seeks to muzzle media that have 'content discriminatory to homosexuals'

worldnetdaily.com

Homosexuals: Pawns of biology?
worldnetdaily.com



To: Skeeter Bug who wrote (141738)4/21/2002 11:49:24 AM
From: H James Morris  Respond to of 164684
 
>>April 21, 2002

Two years after the Nasdaq stock boom ended in collapse, economists are starting to worry that housing might be the next investment bubble to burst.

Half a decade of double-digit increases in many markets have pushed prices out of line with buyers' incomes, a trend many economists say cannot continue indefinitely. Small down payments and cash-out refinancings have left many homeowners heavily in debt.

San Diego County is among the regions some consider at risk, because home prices here have risen roughly twice as quickly as wages since 1996.<<

uniontrib.com



To: Skeeter Bug who wrote (141738)4/22/2002 10:16:19 AM
From: H James Morris  Respond to of 164684
 
SB, more about housing in California, and Portland Ore.
>>The upshot is that even so-called affordable markets in California are looking less attractive compared with those of economic rivals. In the third quarter of 1997, for example, Sacramento posted a median home price of $116,100 and the Inland Empire $114,300, compared with $152,000 in Portland, Ore. and $128,600 in Salt Lake City, according to the report. In the same period last year, Sacramento's $177,000 median had overtaken Portland's at $174,900, while the Inland Empire's median of $159,700 outstripped Salt Lake City's at $153,000.<<

latimes.com