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

To: Jim McMannis who wrote (233960)	12/22/2009 11:24:05 AM
From: damainman	Respond to of 306849

"It's amazing how positive people get after they buy some spec houses" Ok, guilty as charged : ) Maybe it's from all the shoulder bumping they experience in the buying process vs what they read in the main street media? Speaking of lizzie's neck of the woods, read an article the other day about how GOOG repriced employee options from the 500 area to somewhere in the low 300's last March so GOOG employees should be going on a rampage soon in the South Bay area of Ca. The article mentioned that a few other tech co's had done the same thing but did not mention names.

To: Jim McMannis who wrote (233960)	12/22/2009 4:17:48 PM
From: MulhollandDrive	Read Replies (3) \| Respond to of 306849

i wish vosilla would take a side trip up to atlanta and buy my daughters condo.... she's been trying to unload it for over a year, was unable, but decided it was a good idea to buy a house because of the first time home owner credit (husband qualified because he sold his property over 3 years ago) felt the pressure because of the november 'deadline' which no longer exist at least she was able to rent it (net cash flow negative slightly and she's thrilled<g>)

To: Jim McMannis who wrote (233960)	12/23/2009 10:33:02 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Who is buying spec houses? You know what I do and to compare that to some techie in Silicon Valley buying $500k shacks in MLS that rent for $1500 a month is hilarious. Lots of sour grapes to go around I see these days and I'm not even talking about the bubble bagholders you guys love to crack jokes about even now. Where are the brain surgeons who pumped SRS as the best way to protect yourself or even profit from declining home values? Face it Wall Street fleeced everybody to a certain extent but it is how you move forward that matters. We all got the reset button... time to move one...