10/27 http://money.cnn.com/popups/2006/biz2/newrules_bubbleproof
CNN says San Francisco is a bubble proof city. So if you have a home
near SF you have reasons to celebrate. If you don't have
one, you missed out. Oh well too bad! Tee hee hee -homeowner
\_ You know what the difference is between you and me? If you're
right or wrong, I'll be financially solvent either way--but if
you're wrong, you'll be ruined and have to declare bankruptcy.
Tee hee hee indeed.
\_ Huh?
\_ The Pascal's Wager of home ownership? Both rest on the
assumption that you lose nothing by taking the "safe" course.
\_ No, the motd Bay Area Housing Koolaid Brigaide are full of
shit for the same reason Pascal was:
Pascal assumes that there is either a Christian god or no
god at all, and you assume that you either buy a house in
the bay area or don't own a home and take no risks.
Fuck the Bay Area, fuck Christianity, fuck Blaise Pascal,
and fuck you.
\_ How's capitalism treating you lafe?
\_ If the argument is "The Bay Area, like a few isolated
places in the US is bubble proof" then buying in a non
bubble proof area is worse, so if not buying is better than
buying in SF then not buying is much better than
buying in a non bubble proof area. You may not agree with
that concept, but it isn't the same situation as "there
might be a non christian god"
\_ It's much simpler that that.
1) design circuit, build circuit, test circuit
2) goddamn fucking circuit does not work as designed
3) unleash free-floating rage on the motd
\_ My Bay Area home is up by $1/2M since I bought it
five years ago. You reek of sour grapes.
\_ dang, you bought a $2 million house five years ago?
(50% appreciation =~ $1M).
\- Maybe he meant $0.5M or $500K.
\_ I've been looking in SF recently, prices in SF and Oakland
have softened.
\_ SF is affected by interest rates like everywhere else. |
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