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Old 05-27-2016, 10:01 AM
 
Location: Florida
2,232 posts, read 2,117,963 times
Reputation: 1910

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Quote:
Originally Posted by BNBR View Post
Yes, everyone is just being gunned down on the highways, daily, near Ft Myers.....

I think it's obvious YOU don't have any idea what you are talking about. The doomsday and "unsustainable growth" nonsense is just that, nonsense. It always balances out, which is why Naples still exists, and is just fine, 8 years after your doomsday collapse....
It is clearly you who doesn't know what he is talking about. But I suspect that when the next crash occurs you yourself will be holding a few of the grenades, seeing as to how you brag about all those properties you claim to own (which are actually financed). So being in a state of denial is your best option at present.
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Old 05-27-2016, 11:17 AM
 
Location: Davie, FL
2,747 posts, read 2,632,919 times
Reputation: 2461
Quote:
Originally Posted by Happiness-is-close View Post
It is clearly you who doesn't know what he is talking about. But I suspect that when the next crash occurs you yourself will be holding a few of the grenades, seeing as to how you brag about all those properties you claim to own (which are actually financed). So being in a state of denial is your best option at present.
I finance my properties? News to me.

There are people on this forum who know exactly who I am and which properties I own. Rents are always steady, if not increasing. And that's what matters to me. I don't sell real estate, so property values are inconsequential unless I'm buying, but I don't buy in up markets. A crash would only benefit people like me, just like it did last time.

I didn't get to this point, financially, by not knowing what I'm talking about That said, in my heavy sarcasm, I may not have made my point clear. "Unsustainable growth" comes and goes. It's a term with very little meaning. "Unsustainable" cannot exist - you can only sell homes to people who can afford to buy them. Picture a chart that goes up and down. Put your finger on the chart where it's going up, then slice off the rest of the chart. Look, unsustainable!!! Things go in cycles, neighborhoods change, people change. They get richer, they get poorer. It's how things work.

Last edited by BNBR; 05-27-2016 at 11:47 AM..
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Old 05-27-2016, 12:10 PM
 
Location: Florida
2,232 posts, read 2,117,963 times
Reputation: 1910
Quote:
Originally Posted by BNBR View Post
I finance my properties? News to me.

There are people on this forum who know exactly who I am and which properties I own. Rents are always steady, if not increasing. And that's what matters to me. I don't sell real estate, so property values are inconsequential unless I'm buying, but I don't buy in up markets. A crash would only benefit people like me, just like it did last time.

I didn't get to this point, financially, by not knowing what I'm talking about That said, in my heavy sarcasm, I may not have made my point clear. "Unsustainable growth" comes and goes. It's a term with very little meaning. "Unsustainable" cannot exist - you can only sell homes to people who can afford to buy them. Picture a chart that goes up and down. Put your finger on the chart where it's going up, then slice off the rest of the chart. Look, unsustainable!!! Things go in cycles, neighborhoods change, people change. They get richer, they get poorer. It's how things work.
naples was actually severely ravaged by the last crash, if you knew anything, rich guy. Every school in the county shrunk in population because families lost everything they had. Today, with the current housing bubble and no increase in wages, we are now faced with hospitals, fire departments, and numerous businesses understaffed because workers can't afford to live here. And now, on the radio, advertising is happening again about how to flip homes for profit. I swear society will never learn.

There is nothing sustainable about what is going on. And correction is going to happen very, very soon. Probably early next year after the election and policy change occurs.
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Old 05-27-2016, 01:04 PM
 
Location: Davie, FL
2,747 posts, read 2,632,919 times
Reputation: 2461
Quote:
Originally Posted by Happiness-is-close View Post
naples was actually severely ravaged by the last crash, if you knew anything, rich guy. Every school in the county shrunk in population because families lost everything they had. Today, with the current housing bubble and no increase in wages, we are now faced with hospitals, fire departments, and numerous businesses understaffed because workers can't afford to live here. And now, on the radio, advertising is happening again about how to flip homes for profit. I swear society will never learn.

There is nothing sustainable about what is going on. And correction is going to happen very, very soon. Probably early next year after the election and policy change occurs.

You still don't get it, do you?

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Old 05-27-2016, 04:11 PM
 
Location: New England
3,848 posts, read 7,961,204 times
Reputation: 6002
Quote:
Originally Posted by BNBR View Post
Yes, everyone is just being gunned down on the highways, daily, near Ft Myers.....

....
Actually ya.... Shootings and murders daily on Lee county. You don't even live here so how exactly would you know? I see the news daily... Being statistically one of the most dangerous cities in America counts as a crisis IMO and it started around the collapse
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