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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (27223)	4/10/2005 11:59:48 AM
From: tonto	Respond to of 116555

Well, there are a few problems with the home...(s) Great Starter Home With Possible Room For An Addition! Cute California Bungalow Just North of Korean Town/Hancock Park Area. <b3 Bed/1 Bath With Beautiful Hardwood Floors Throughout. Nicely Landscaped Yard With New Deck Perfect For A Family Bbq. Kitchen Has Been Completely Remodeled. Great For Entertaining. Detached Garage With Additional Parking IN Front of House. Buyer To Verify All Square Footage And Zoning. Third Bedroom And Garage May Not Be Permitted.

To: mishedlo who wrote (27223)	4/10/2005 12:29:38 PM
From: Chispas	Respond to of 116555

Your picture was worth 589,000 words ! (eom)

To: mishedlo who wrote (27223)	4/10/2005 2:59:32 PM
From: Chispas	Respond to of 116555

Ackerman - "Stray comments concerning the impending real estate crash perked up my e-mail on an otherwise dull Friday. I received from various sources, respectively, a CNBC report that 85% of the buyers in Miami’s condo market are speculators (probably true, according to an old friend of mine, a mortgage buyer who lives in a luxury high-rise on Miami Beach. I can attest that whenever I’ve visited her, the swimming pool and patio have been nearly empty of human traffic, other than some kids from places like Argentina, Brazil and Venezuela.); also, there was an article by Robert Shiller suggesting that home prices will crash as spectacularly as they’ve risen .. .. .. .." news.goldseek.com

To: mishedlo who wrote (27223)	4/10/2005 3:30:44 PM
From: shades	Read Replies (1) \| Respond to of 116555

My native american friend had a cabin in the woods in south georgia - he built it himself on land his father gave him - sold it for about 100K a few years ago to some hunting club millionaires - took some of the money and bought a ton of MRE's and bottles of jack daniels that he went and buried in 3 or 4 different states in the woods and forests. He does not understand why someone would slave away all day to make payments for a house for 30 years when they can lay around and get drunk and sleep under the stars and not be tied to one location. I do not believe he has ever worked a day in his life for pay - he always liked watching that movie the big lebowski. I took him to dragoncon several years ago and we got hungry and there was no deer for him to go kill so we went to peachtree center to eat and I pulled out a 20 to buy us some chinese food - he said no shades - I show you old indian trick - so he looks for the most beautiful sexiest body women in the mall - several have ordered the meals - take one or 2 bites - close the styrofoam boxes up and leave it on the table or throw it in the trash - he ate like a king. He slept in his van on the street instead of the 140 a night room . He does not understand why white man do such crazy things sometimes.

To: mishedlo who wrote (27223)	4/10/2005 11:34:22 PM
From: puget206	Respond to of 116555

Well the NY Times trumped that with the $1M trailer park home in Malibu. nytimes.com Not sure it if it was double-wide, or not, or whether it was just the trailer and not the land, since 8 hours have passed since ingestion of the article which did not show the interior or provide many facts. (Nice ocean view though.) The lead in was: "In Malibu, trailer parks are being transformed into the new playground for the rich." (Great fiction writing, said as fact.) I suspect the real rich aren't flocking to the trailer parks yet, but have no doubt that people are for some reason willing to over-pay for junk in many places. Alternatively, if we're all "rich" like that, there's a currency problem and I should steal the wheelbarrow, after tossing the cash in it. I wonder who wrote the loan for the million dollar trailer park item. Maybe they got a commission.