SI
SI
discoversearch

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.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (440531)12/15/2008 1:19:17 AM
From: bentway  Read Replies (1) | Respond to of 1572644
 
You're just wrong Ted. I bought my house in S. Cal. for less than 2x my annual salary. Admittedly, RE was in a slump at the time.

The only way people were able to sell any houses in CA at the crazy prices were with crazy mortgage types and no money down, neither of which exist any more.

Prices will continue to drop. We're in a long and continuing recession!



To: tejek who wrote (440531)12/15/2008 1:22:03 AM
From: bentway  Read Replies (1) | Respond to of 1572644
 
"you see TH on the Res. thread.....he's getting ready to move to LA and he can afford to buy."

I suspect TH is a very wealthy guy. He wants to move to Malibu. Ten's choice of when to buy was unfortunate for him.