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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: reaper who wrote (228522)	3/17/2003 12:29:26 PM
From: marginmike	Read Replies (1) \| Respond to of 436258

its funny reap I had this conv with someone this weekend, pointing out Inflation and moderatly higher rates is better for housing then is lower rates, and a deteriorating econ. Inflation bails out the Indebted, whille deflation criples them.

To: reaper who wrote (228522)	3/17/2003 12:30:25 PM
From: Win-Lose-Draw	Respond to of 436258

i can happily report FHV - the Free Housing Virus - has spread north and crossed the 49th parallel. we just bought a preconstruction view property in the Vancouver equivalent of, say, central park west, for 0 down and a no-qual mortgage on the principal. the day after we signed they jacked up the prices on remaining units due to "unprecedented demand". i'm a firm believer that when someone asks you to gamble with their money, you have to do the neighborly thing and take them up on it. -g-