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

To: Lizzie Tudor who wrote (12895)	8/21/2003 10:12:42 PM
From: David Jones	Read Replies (2) \| Respond to of 306849

If Socialism has a foot hold any where in the USA it's here in Calif. Your argument about services not being equal amongst age groups is a crock. Your whining about the poor school grads not being able to find housing for your business is self serving. You jumped out an purchased a rental income home for a million bucks for crying out loud. Did you ever get down and figured out what your per foot return was going to be before you bought on a 1m rental? No your only thought was buy it today for x and it go to y tomorrow. Now things didn't work out as planned and your unhappy. You said in a n earlier post that any idiot could see property was going up in the eighties and buying was more or less a no brainier. Even this idiot could of told you not to buy such an high end home for a rental. The per foots a killer. You could of gone a few miles N and bought three homes and your equity would still be there and then some. Plus your return would of been higher that the single 1m home. So what happened did your idiot meter break down. Or is hind sight everything?