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Old 06-01-2007, 01:05 PM
 
16,087 posts, read 41,159,147 times
Reputation: 6376

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Quote:
Originally Posted by GoPadge View Post
Heh! I find it humorous that you and Lakewooder appear so defensive about my mentioning Dallas and Fort Worth. As I said in my post from an hour before your quoted one, I wasn't quoting the article for the mention of Dallas or Fort Worth, but for the other listed suburbs. Arlington, Garland, Grand Prairie and Mesquite were the points of the quote. I'm sorry if you miss understood the intention of the post.

I would like to apologize to Lakewooder. I just reread the article and see that his thread title is also the article's subtitle. I assumed, very incorrectly, that he was targeting certain cities and not others.
That's ok Padge, I know you will prove me wrong with your statistics at some point!
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Old 06-01-2007, 01:40 PM
 
6,578 posts, read 25,463,955 times
Reputation: 3249
I'm not sure what they were running away from, Lakewooder. One family wasn't even in the public schools (but they are now). Maybe the public school ones don't have AP type kids.
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Old 06-01-2007, 01:49 PM
 
Location: Keller, Tx
443 posts, read 1,566,943 times
Reputation: 288
I think it all boils down to new home buyers, or people not taking a look at how their finances really could handle buying a home. First time buyer programs have been insane for the past few years, offers to get into homes with no money down and paying closing costs, down to people getting these silly adjustable rate loans. The first being bad for people because if you can't get the down payment together you stand a good chance of not being able to make your regular payments, not to mention upkeep, taxes and higher utility bills. The second group got an entry rate that was cheap per month and then had their bills raised by 3 or 4 hundred dollars.

There are some bait and switch programs for people who really don't need to own a home now a days that really should be abandoned. Making homes easy to own is not always the best tac, some people just can't seem to figure out when they're not able to afford a certain price of house when the entry into that home is so easy.
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Old 06-01-2007, 01:50 PM
 
16,087 posts, read 41,159,147 times
Reputation: 6376
They did add the sixth grade to Long this year so there was some trepidation, but everyone banded together and it seems to be working well.
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Old 04-14-2009, 09:45 PM
 
2 posts, read 7,175 times
Reputation: 10
I live in California and I can tell you it is sad. I live in a great neighborhood, in the same house for the past 23 years. I can't tell you how hard it was to NOT refinance my house when real estate went through the roof. My little house that I now only owe $68,000 on, was valued at $409,000. When all our friends were refinancing and buying $5,000 car stereos, $6,000 Tvs, SUVs, remodeling their kitchens, we stood fast. For some ridiculous reason, people thought of equity as free money????? Why in the world would you finance a TV or car stereo over 30-40 years? Just common sense, but it seems no one has common sense any more. Kills me that we are bailing them out, letting them refinance again to bring down their mortgage amount without making them give up all the things they bought with that money. Who is bailing out my 401k that I worked and saved hard to contribute to and now is worth half what it was 9 months ago?
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