Spleng's Discussions

pla: "I did not say the market was healty. But I am questioning if it is as bad as you claim."Ahh okay, you agree its unhealthy but you don't see a major crash. I think I understand you. It is true we are no where near the bottom. We are just getting started. Its not like a stock market crash, this will take a very long time.pla: "This source now says prices in some of the Bay area has not declined. On the contrary, the numbers are on the rise. Where is your problem?"You don't seem to understand that the MEDIAN price is a misleading indicator of the state of the housing market. Posting it as proof of some kind is a joke.

"CFC Bankruptcy announcements within the next 8 weeks."Bold and zesty.

"I hope that somehow we all make this through this as best we can."Agreed but the malinvestments and bad debt have to be cleansed. If this went on for another 10 years the crash would be unimaginable. Actually...

But but... the median price is going up!

But I can't raise a family unless I own!

?He/she will never lose a dime buying in SF.? *Ding Ding Ding*Congrats plarusa you have cracked the top ten!Of course there are only three so far but we have a long ways to go:1. ?What Credit Crunch? Krismer2. ?The decreasing value of the dollar does not affect my purchasing power? Alpine3. ?He/she will never lose a dime buying in SF.? Plarus

She works for CountryWide.http://tinyurl.com/2g4uygGood luck with that.

Regina Frau, who apparently has been a used home seller for but 1 year, is giving us life lessons. Apparently you are not truly alive unless you buy a house.Rich.

"It's the notion that buying a house is, without debate, simply a wonderful thing."But Klarek, the president said I should buy to be part of the "ownership society"!Also just before he starting raising rates Alan Greenspan said I would be well served to take advantage of the new innovative load products the financial industry has come up with since now they are much better at assessing risk.

1. ?What Credit Crunch?? Krismer2. ?The decreasing value of the dollar does not affect my purchasing power? Alpine3. ?He/she will never lose a dime buying in SF.? Plarus4. " Unfortunately no one will recognize the bottom until it has come and gone." R. SartainSome of these are going to be forced off the top ten eventually, but #1 and #2 could be tops for a verrrry long time.