Comments on: Easy money never lasts forever! http://housingbubblecasualty.com/easy-money-never-lasts-forever/ Mortgage insiders view on mortgages, real estate, debt, and the housing bubble. site by SoCalMtgGuy, author of - Another F@CKED Borrower Tue, 07 Oct 2008 19:39:46 +0000 http://wordpress.org/?v=2.0.5 by: seven card poquer strategy http://housingbubblecasualty.com/easy-money-never-lasts-forever/#comment-599001 Tue, 02 Sep 2008 09:52:50 +0000 http://housingbubblecasualty.com/easy-money-never-lasts-forever/#comment-599001 <strong>seven card poquer strategy...</strong> Jacobs brayer Steen!congruent ... seven card poquer strategy…

Jacobs brayer Steen!congruent …

]]> by: Keith http://housingbubblecasualty.com/easy-money-never-lasts-forever/#comment-83 Sat, 04 Feb 2006 14:35:49 +0000 http://housingbubblecasualty.com/easy-money-never-lasts-forever/#comment-83 Just wanted to note for our European friend, this is not national, it is happening in specific pockets. In Atlanta, GA, house prices went up about 4.5%, what anyone would consider a "normal market". The year prior to that was about the same. What I read here reminds me of the IT market in the dot.com bubble, and how much IT WEB programmers were making for a while. Once again, the west coast was kind of the mecca for that excess as well. Just wanted to note for our European friend, this is not national, it is happening in specific pockets. In Atlanta, GA, house prices went up about 4.5%, what anyone would consider a “normal market”. The year prior to that was about the same. What I read here reminds me of the IT market in the dot.com bubble, and how much IT WEB programmers were making for a while. Once again, the west coast was kind of the mecca for that excess as well.

]]> by: Hogbert http://housingbubblecasualty.com/easy-money-never-lasts-forever/#comment-11 Fri, 03 Feb 2006 11:08:30 +0000 http://housingbubblecasualty.com/easy-money-never-lasts-forever/#comment-11 As an european, I can only thank these 20-25 yo guys for buying BMW:s and Mercedes from Europe :) It is very kind of you to carry your extra money over here. OK, jokes aside. I must admit that I've been addicted to reading your sites (FB and this). I am shocked and horrified about what I read. The one good thing, for me, is that my property resides in Finland (apartment) and in european and russian funds. I am not especially well of. Our household (Double Income No Kids) income is about 100 k USD per year and we have only 70k USD mortgage for the apartment left. We started from 140k. One thing that really amazes me is the rate of the mortgages I've seen posted on these sites. My rate is 3.35% and there are no immediate raises in vicinity. I've seen numbers as high as 9% somewhere and that really surprises me. Our montly payment is about 1 kUSD, which we can easily manage. No actual point in this rant, I just wanted to point out that I really do not envy the housebubblers of the US. When shit hits the fan (and I sure believe it will) it is not going to be a nice ride; the humonguos US debt, iraq-afganistan-iran (?) wars, peak oil, upcoming petro-euro, housing bubble bursting... Ah well. I'm preaching to the choir here :) Anyway, A good site I'd like to mention is http://www.lifeaftertheoilcrash.net/ Read it if you are not yet horrified enough :) All the best Hogbert Finland As an european, I can only thank these 20-25 yo guys for buying BMW:s and Mercedes from Europe :) It is very kind of you to carry your extra money over here.

OK, jokes aside. I must admit that I’ve been addicted to reading your sites (FB and this). I am shocked and horrified about what I read.

The one good thing, for me, is that my property resides in Finland (apartment) and in european and russian funds.

I am not especially well of. Our household (Double Income No Kids) income is about 100 k USD per year and we have only 70k USD mortgage for the apartment left. We started from 140k.

One thing that really amazes me is the rate of the mortgages I’ve seen posted on these sites. My rate is 3.35% and there are no immediate raises in vicinity. I’ve seen numbers as high as 9% somewhere and that really surprises me.

Our montly payment is about 1 kUSD, which we can easily manage.

No actual point in this rant, I just wanted to point out that I really do not envy the housebubblers of the US.

When shit hits the fan (and I sure believe it will) it is not going to be a nice ride; the humonguos US debt, iraq-afganistan-iran (?) wars, peak oil, upcoming petro-euro, housing bubble bursting… Ah well. I’m preaching to the choir here :)

Anyway, A good site I’d like to mention is http://www.lifeaftertheoilcrash.net/ Read it if you are not yet horrified enough :)

All the best
Hogbert
Finland

]]>