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


To: Skeeter Bug who wrote (269927)8/25/2010 8:23:34 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
'wow, if only our founding fathers felt as you did... we'd never have known the idea of freedom'

I am actually the one that is free, the capitalist, the opportunist the investor in the real world when most are broke...you are enslaved in your rigid unshakeable ideology while becoming a slave to the casino enriching nobody but perhaps the wall street mafia you and me both despise. but more important positive people like me these days give many people i encounter hope unlike you who continue to spread your doom and gloom at the exact wrong time..jeez this ain't 2005-07 anymore my friend when you and I were the contrarian..now YOU represent the 98% majority..think about it..



To: Skeeter Bug who wrote (269927)8/25/2010 8:39:37 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'greece was a dry run, John... do you think these people wish they had been a bit more realistic as their families get thrown out on the streets and the banksters buy up all their assets on the cheap?'

You continue to live in the past as if the mistakes of 2004-07 are frozen forever. Today is nothing more than a transfer of wealth clearing out the mess of days gone by to the smart ones in the game these days buying up the hard assets or paper.

Keeping too much cash in the bank at zero percent helps the banks recovery sooner..that is part of the fleecing i believe you should be talking about along with the socialized bank losses courtesy of the fed.....

Meanwhile fixed rate mortgages are at 60 year lows and with low RE prices it is a bargain again to own versus rent in most of the country. A gift that won't last more than a few more years in my world..