[Trader Joe99]

Originally Posted by cm183

Have been searching the housing market the past few months and noticed a disturbing trend. Some of the houses that I liked were originally bought for around $250-350k then investers trying to resell for 500-600k. Crazy! You can see original purchase price on Trulia.

This latest housing mini-boom is a scam invented by Bernanke and the Big Banks and the weak White House leadership in order to prevent another meldown in housing prices and send the banks into the second stage of their insolvency.

Lure more buyers into the market and trap them in overpriced housing as the last chance to avoid the deflation cataclysm.
Bernanke should be ashamed of himself. He's a huckster. He's a con-man. He's a front man for America's corrupt banks.

I told you all to pay attention to the dollar. The US Dollar strength, if it continues, will create the deflation that the world needs, and the deflation that central banks fear -- deflation of prices in housing for example. Deflation will also destroy much of the worthless debt Bernanke is now protecting with taxpayer money, debt that is clogging the arteries of the global economy.

A strong US Dollar will defeat Ben Bernanke. Ben Bernanke knows this. This is Ben Bernanke's nightmare.

[localinsight]

Housing prices are going up. It's on other threads. I
Would tell you but my memory fails me, alas.
Check the search feature.

[aardogfsu]

Originally Posted by Trader Joe99

This latest housing mini-boom is a scam invented by Bernanke and the Big Banks and the weak White House leadership in order to prevent another meldown in housing prices and send the banks into the second stage of their insolvency.

I'd much rather pay someone $695 a month than collect $4200 a month and dole out $1000 in HOA (net $3200).

Glad I didn't buy.

[lvoc]

Originally Posted by Trader Joe99

This latest housing mini-boom is a scam invented by Bernanke and the Big Banks and the weak White House leadership in order to prevent another meldown in housing prices and send the banks into the second stage of their insolvency.

Lure more buyers into the market and trap them in overpriced housing as the last chance to avoid the deflation cataclysm.
Bernanke should be ashamed of himself. He's a huckster. He's a con-man. He's a front man for America's corrupt banks.

I told you all to pay attention to the dollar. The US Dollar strength, if it continues, will create the deflation that the world needs, and the deflation that central banks fear -- deflation of prices in housing for example. Deflation will also destroy much of the worthless debt Bernanke is now protecting with taxpayer money, debt that is clogging the arteries of the global economy.

A strong US Dollar will defeat Ben Bernanke. Ben Bernanke knows this. This is Ben Bernanke's nightmare.

There is no way that the Fed can lose this discussion. Their source of dollars is effectively infinite. That is in fact the only thing they can still do successfully.

Your view is very different from the normal doomsayer who projects hyper-inflation. I much prefer your vision as Bernanke can prevent that virtually forever.

If you are correct we can expect this rise to continue for many years.

So anyone who finds your thoughts appealing should buy now and ride it up.

[MSchu]

pay no attention to the man behind the curtains...

there are some really dumb people here.

[lvoc]

Originally Posted by aardogfsu

I'd much rather pay someone $695 a month than collect $4200 a month and dole out $1000 in HOA (net $3200).

Glad I didn't buy.

$4200? $1000 HOA fees? That would be 3/4 million places in LLV or the strip. $695 rent? 1/1 no place nice.

[logline]

Originally Posted by aardogfsu

I'd much rather pay someone $695 a month than collect $4200 a month and dole out $1000 in HOA (net $3200).

Glad I didn't buy.

Huh? I don't get it.

You just said you'd rather LOSE $695/mo. in stead of MAKE $3200/mo. What am I missing?

[aardogfsu]

Trader Joe has been a long time advocate for renting a room in a house over buying real estate and living in it/renting it out, sorry if my sarcasm was lost. I'm ecstatic I bought when I did.

[aardogfsu]

Originally Posted by lvoc

$4200? $1000 HOA fees? That would be 3/4 million places in LLV or the strip. $695 rent? 1/1 no place nice.

6 properties that avg. $700/month, I pay out HOA of around $170 avg. per property...TJ's said many times it's much wiser to rent than to invest in RE...I strongly disagree.

[logline]

Originally Posted by aardogfsu

Trader Joe has been a long time advocate for renting a room in a house over buying real estate and living in it/renting it out, sorry if my sarcasm was lost. I'm ecstatic I bought when I did.

Oh I see now, sorry. Throw me a or every now and then so I don't look like such a rube.