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Do You Favor A Government Loan To The Detroit 3?

3958 messages,  Last post on Oct 02, 2009 at 4:52 PM

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What is this discussion about? Legislation


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#3902 of 3958
Re: Why businesses fail [gagrice] by lemko
May 13, 2009 (10:20 am)
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Replying to: gagrice (May 13, 2009 7:49 am)

Shoot, the developers already HAVE built the future slums of America during the last 20 years. Those particle board, styrofoam, and Tyvek McMansions are going to quicky fall apart and into disrepair only to be occupied by the current and future underclass! Heck, it'll probably be more cost-effective to demolish them than try to repair them. You've heard of cars that fall apart by the time you make the last payment? These crumby houses made of crumby materials and inept illegal alien labor won't last until the last mortgage payment! Half a million $ doesn't buy what it used to! My circa 1955 Airlite will be standing long after the last 2006 McMansion has collapsed in on itself!
 
North Philly - Coming to a suburban development near you soon!
#3903 of 3958
Re: Why businesses fail [gagrice] by ruking1
May 13, 2009 (11:10 am)
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Replying to: gagrice (May 13, 2009 7:49 am)

As a balance, on the other hand that is also true of rural area's. This is slightly oxymoronic in CA's agricultural areas as it has been and in some instances still seen as the bread basket of the world.
 
During the heyday of the (CA) real estate (bubble), CA Central Valley (northern ca), CA was hotter than hot. I personally could not understand it before I went to look. After I went to look I was even more convinced after I had taken a series of hard looks. At the time agricultural unemployment was approaching 25% and literally nobody else was looking to put anything in the area.
 
In addition some "rural" municipalities are following misguided policies of "preserving" pastorial lands (aka looks like bucolic stereotypical "pastorial" lands, but economicall unviable for almost anything that you would want to apply an economic yardstick to.
 
Again the same result, they wonder why the areas are in "arrested economic decay".
#3904 of 3958
Re: Why businesses fail [gagrice] by xrunner2
May 13, 2009 (1:13 pm)
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Replying to: gagrice (May 13, 2009 7:49 am)

I don't consider living in a high rise as thriving. Anything less than an acre around me is an abomination.
 
What about the various Trump Towers and their luxuries? Or, multi-million dollar condos in high rises along Lake Shore Drive in Chicago? The high-rises in Miarmi? Lots of people, mostly big shots, like that. They don't have to worry about cutting grass nor buying parrot beak fiskars.
#3905 of 3958
Re: Why businesses fail [lemko] by gagrice
May 13, 2009 (1:35 pm)
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Replying to: lemko (May 13, 2009 10:20 am)

You've heard of cars that fall apart by the time you make the last payment?
 
Yes I have, they are called Domestic automobiles. Except Buick...
#3906 of 3958
Re: Why businesses fail [xrunner2] by gagrice
May 13, 2009 (1:41 pm)
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Replying to: xrunner2 (May 13, 2009 1:13 pm)

Living in a high rise condo makes you a slave to the other home owners. Condo fees go up with no limitations. Management companies abscond with the homeowner fees. NO THANK YOU! Been there done that. If I need a beach fix I can rent a condo for a month and get it out of my system.
 
Speaking of Trump did he get his bailout?
#3907 of 3958
This action can't be good news for 3,000 dealerships by ruking1
May 13, 2009 (2:19 pm)
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link title
#3908 of 3958
Re: Why businesses fail [gagrice] by lemko
May 13, 2009 (2:48 pm)
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Replying to: gagrice (May 13, 2009 1:35 pm)

and Cadillac!
#3909 of 3958
Re: Why businesses fail [gagrice] by dtownfb
May 13, 2009 (5:08 pm)
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Replying to: gagrice (May 13, 2009 1:41 pm)

A lot of those high rise condos you don't even realize you have neighbors. Some people like the city life, others like more open air. To each their own.
 

Speaking of Trump did he get his bailout?

 
I hope he uses the money to buy a good rug to cover that mop he has on his head.
#3910 of 3958
Re: Why businesses fail [dtownfb] by fintail
May 13, 2009 (7:00 pm)
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Replying to: dtownfb (May 13, 2009 5:08 pm)

And to paint over that ridiculous skin tone
 
Money and class are enemies once again.
#3911 of 3958
Re: Why businesses fail [dtownfb] by gagrice
May 13, 2009 (7:55 pm)
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Replying to: dtownfb (May 13, 2009 5:08 pm)

Having done both my preference by far is the fresh air with a view of the neighbors off in the distance. If you have all the money in the World you can pick your neighbors. Not on a working man's wages.
 
Along that line we got a notice that there is stimulus money to refinance our home up to 105% of the appraised value. Isn't that what got US in the mess we are in?

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