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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (66905)7/26/2006 12:06:07 PM
From: shades  Read Replies (2) | Respond to of 110194
 
OT my costs continue to skyrocket.

Vosilla I don't know if you still earn a current income from any employment - do you? You can keep up with inflation by charging more for your work or your services eh?

When the gubbment starts putting the whammy on us - I see we got to be able to pass the buck and put the whammy on the next guy and let the crap roll downhill - I can put the whammy on my tenants and raise rates in some markets where I own property assuming there is not going to be high vacancy rates driving our rents down. Believe me when I say all those college princesses I got living in some rentals - I am ITCHIN to see princess have to pay the asshole landlord and give up applebees 7 nights a week. Market competition is staying my hand. When some of those overleveraged landlords go bust - I plan to visit my local bank and expand my empire on the cheap like some asshole in alabama did to my grandpa in the depression - then like rockefeller - monopolize the local rental area and WHACK those princesses.

Maybe we get cheaper hotel rates at Choice Hotels,

I don't believe you will - but you can hedonically substitute like I have - walmart in an RV is much cheaper than Don Cesar Hotel eh?

lower medical, lower education

Some guys in california are working on artificial kidneys - you wear the machine on a belt - its hardly noticeable - works 24/7 so you get better treatment than you would from a dialysis machine and don't have to hire a staff of nurses to run the dialysis clinic - this should make expenses go down for dialysis patients a lot. Education - MIT lets you take all thier courses online for free over the internet eh? Technology has changed that model.

I actually expect I'll have to get out there in the real world and get RE deals on a steep discount again.

Welcome to the club! It will be fun. I am looking forward to taking over property from overleveraged landlord who lived high on hawg like princess and then make princess have to suffer under the inflationary boot - just pass the pain along! hehe I will watch those princesses on oprahs debt program to give me strength!

Not just sit at my computer expecting riches from doing nothing and taking absolutely no risk expect bet against the power of our government to continue running up these incredible deficits and debase our currency in the long run.

Bernanke took out a Heloc on his house - that about sums it up where we are headed eh?

What happens if he is wrong and 30 yr treasuries break out and go to 10% in the next 5-10 years? That is a drop of 50% on your principle along with a devastating blow to your purchasing power.

Bernanke has a lot of canadian bonds - is that patriotic? Cheney has mega millions in european bonds - what are the elites doing? I remember watching TIMECOP with van damme - and ron silvers character said something about making america only fit for the super rich and all the rest of the paupers could move to mexico where they belong - HAHA!

Do you remember the show TRADEMARK properties - in one episode they had called - the trouble with GUS - they renovated his house and bought him a new car - that has been a year now I think - I wonder if Gus got behind on his payments or if they were nice again and bought him another new car?



To: John Vosilla who wrote (66905)7/26/2006 1:28:43 PM
From: NOW  Respond to of 110194
 
john; i was responding to a post showing rates being very low.