The economy, is it good or bad. (Page 136/181)
aceman JAN 08, 12:21 PM
Mr Bitter,
We don't have time, nor do we care to beat our heads against a wall trying to explain why there is a need for Realtors and Stock Brokers. We've tried before and your concrete for brains can't grasp the concept.
84Bill JAN 08, 12:22 PM

quote
Originally posted by Mr. Lost in himself:
Oh look Bill! That article is just showing the market correction. I'm already 20% below market value and will still make a tidy profit.



So you are saying you sold your house? You haven't made your very much deserved profit yet so that is a lie. There is none until you sell.


quote

Sucks for those people that bought their houses at an over-inflated price and need to sell now.



Yes, it is a terrible thing to see people lose their dreams after working so hard. They hung on as long as they could... Mr. Space, they call owning a home "The American Dream" and it is not nice to see anyones dreams turned to nightmares. Now I know you wouldn't want that to happen to you now would you... Mr. Space? I'm sure you will express your compassion for those who have lost more clearly from here on, it's not required of you to do so... Mr. Space.

All in all I am very delighted to see you are holding on to your dream with such a firm grip. It would be such a shame to see you lose what you have worked so hard at and for. I can say with the purest conviction that you deserve so much more than you will ultimately get, I really mean that with the utmost sincerity.. Mr. Space. I / We will be watching you intently... Mr. Space. I / We want to see you get what you truly deserve... Mr. Space


quote

Those drugs you take really mess with your ability to understand and comprehend things, don't they.



Depends on what drug you are taking Mr. Space. Whatever it is I can assure you I'm not lost in "space" by stating facts that haven't even been brought to fruition... yet.

When you make that well deserved and well earned "profit" then by all means let Facts be submitted to a candid world... Mr. Lost in Space.

I'm pulling for you... Mr. Space. Can you sense the direction yet?

[This message has been edited by 84Bill (edited 01-08-2008).]

loafer87gt JAN 08, 12:38 PM
The real estate market needs a correction, plain and simple. Any action to try and prolong the inevitable is only going to make things worse. As a first time home buyer, I am shocked by the startling jump in housing prices, and it never ceases to amaze me seeing the same property being "flipped" from buyer to buyer without so much of a can of paint. As mentioned before, since 06 we have had an 86% rise in housing costs, and they are now predicting anywhere from another 25% - 30% in 2008. The greedy assholes who were fortunate to own before the housing prices spiked see this as a sign that our economy is flourishing and seem to show little care as to how the "boom" has created mass housing shortages and a similarly huge increase in the number of homeless. They and outside speculative investors have scrambled to re-invest their new found equity , their frenzied actions causing a unheard of price spikes and bidding wars as they struggle to expand their wealth by buying up all the available properties. In the meantime, recent census information show that average salaries have taken a huge hit since 2001, and the prospect of home ownership has now become almost unachievable for some families. The realtor's and the Canada Housing and Mortgage Corporation (The main housing lender in Canada) are telling us first time home buyers otherwise, however. They say that the market still has many more years of sharp market increases over the coming years, and that should a person wait on the sidelines for prices to come down they are only going to fall further behind so BUY BUY BUY.

CMHC is now supposed to be increasing the allowable % of your income that is taken by your mortgage payments as they are trying to say that a house is a good investment, and argue that if a person has a house they can probably change the formulae as a person could scale back their RRSP or other retirement savings plans to help make a mortgage more affordable. Can you say putting all your eggs in one basket? Why would they think about doing something so insane when we have the benefit of watching the current crisis unfold in the United States? Greed. Plain and simple greed. They want people to get in over their heads and borrow more than they can afford, taking out lengthy fourty year mortgages so that they can almost double the interest that they collect from the individuals. Thanks to the asinine bailout of these unscrupulous lenders south of the border, both borrowers and lenders alike up here now think that if the market tanks the government would likewise have to step in and offer them financial assistance. And I have no doubt they would. Who would pay for this though? The poor saps who have been stuck on the sidelines waiting patiently for a market correction and had the foresight to see the so-called "Boom" for what it was - a way for realtor's and lenders to take advantage of desperate home buyers just looking for a roof over their heads.

[This message has been edited by loafer87gt (edited 01-08-2008).]

aceman JAN 08, 12:39 PM
You're still not comprehending anything, Bill. I'm not playing in your games today.

Gee, for the past month it looked like you had a full-time to near full-time job. I was really pulling for you, Bill.

Looks like from your posting times, you lost that job, too.

Sorry, Bill.

[This message has been edited by aceman (edited 01-08-2008).]

84Bill JAN 08, 12:58 PM

quote
Originally posted by aceman:
You're still not comprehending anything, Bill. I'm not playing in your games today.



Oh no Mr. Space. I know exactly what you mean. This is no game Mr. Space, this is the reality you created for yourself with all kind and generous thoughts, expressions of your undying compassion and the wonderful things you have done to and for people over your lifetime. This is your big chance at payoff Mr. Space. I'm wishing you the best from the to to the bottom of my heart. I can think of only one more deserving than you Mr. Space.


quote

Gee, for the past month it looked like you had a full-time to near full-time job. I was really pulling for you, Bill.



Now now Mr. Space. I know what direction you were pulling me in. I let Facts be submitted to a candid world, you were there and read the documents I posted. Thank you for all the support you have given me Mr. Space. I am forever in your debt and I can assure you everything you ever gave to me will be returned to you ten fold over what remains of your life. It is the very least I can do Mr. Space.


quote

Looks like from your posting times, you lost that job, too.
Sorry, Bill.



No no.. Don't be sorry Mr. Space, I'm doing just fine. Oh and Mr. Space? I never had a job but I do work very hard at what I'm good at.

You are too kind Mr. Space. I'll be sure you keep you in my thoughts constantly until we see this whole thing through. That is a promise... Mr. Space.
Phranc JAN 08, 01:01 PM

quote
Originally posted by aceman:

You're still not comprehending anything, Bill. I'm not playing in your games today.

Gee, for the past month it looked like you had a full-time to near full-time job. I was really pulling for you, Bill.

Looks like from your posting times, you lost that job, too.

Sorry, Bill.




If you mess with bill too much he'll start to threaten you so watch out. Just a warning because hes a tough guy.
84Bill JAN 08, 01:19 PM

quote
Originally posted by Phranc:
If you mess with bill too much he'll start to threaten you so watch out.



Apparently you know first hand... Phranc. You have a lock on it and I gave you the key.


quote

Just a warning because hes a tough guy.



Ahh finally the respect I deserve after years and years of hard work. I knew one day you would come around and fall in behind me.
Lets see if you can keep up with me. Oh and dont worry if you fall behind, Phranc. I'll gladly let you know where I am. Just ask and I'll tell you where to go. You have my word.
Phranc JAN 08, 01:39 PM

quote
Originally posted by 84Bill:


Ahh finally the respect I deserve after years and years of hard work. I knew one day you would come around and fall in behind me.
Lets see if you can keep up with me. Oh and dont worry if you fall behind, Phranc. I'll gladly let you know where I am. Just ask and I'll tell you where to go. You have my word.



What wrong bill no more idle threats?
84Bill JAN 08, 01:57 PM

quote
Originally posted by Phranc:
What wrong bill no more idle threats?



Good to see you retracting your invitation to have me stop by and call you a punk to your face. That was very wise of you Phranc.

Thanks.

[This message has been edited by 84Bill (edited 01-08-2008).]

Phranc JAN 08, 02:06 PM

quote
Originally posted by 84Bill:


Good to see you retracting your invitation to stop by and call you a punk to your face.That was very wise of you Phranc.




When did I do that? The only punk here is you bill. You talk a big game but you just that talk. But keep talking. Threaten me some more bill. You are a big tough guy over the internets aren't you. What would you do if you could afford to travel up here and call me a punk bill? Huh tough guy?

[This message has been edited by Phranc (edited 01-08-2008).]