Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (4761)	8/28/2002 1:13:50 AM
From: Spekulatius	Respond to of 306849

Mullholland this place is pretty hilarious. realtor.com. I feel better about spending 320k for my place in Northern California now <g>. That said - i find the low end of the market as overpriced as the high end. In my area you ought to pay 270k for a place where your neighbours will park their car wrecks on the lawn with "for sale" painted on the hood. For about 15% more, i could buy a fairly decent place. It must be due to the first time homebuyers struggling to get in at any price - some of them apparently can't qualify for the higher mortgage to buy into a decent place.

To: MulhollandDrive who wrote (4761)	8/28/2002 9:48:59 AM
From: Tradelite	Read Replies (2) \| Respond to of 306849

You said: I seem to think the listing YOU posted is a good place to buy? Sorry, pal, I don't live, work, or know one thing about Los Angeles or the real estate there. Why did you attribute such a statement to me? As for talking out of both sides of my mouth....let me put it to you straight--People shouldn't buy homes they can't afford, which ALSO means they shouldn't "rack up" a lot of debt they can't afford, and they should buy good-quality real estate that meets their needs when it meets their needs. Nothing I have ever said advocates otherwise. In fact, I made a good living on the premise stated above. Judging from the hour at which you posted such an angry accusation, I'm going to guess you had a bad day yesterday.