Reagan Warned Us About Obama

Re: Reagan Warned Us About Obama

PostBy: SuperBeetle On: Thu Nov 29, 2012 3:40 pm

I know homes are being built and I also know that here they do not sell. There are at least 10 foreclosures right around me. There is new construction down the road and they are not selling either.
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Re: Reagan Warned Us About Obama

PostBy: SuperBeetle On: Thu Nov 29, 2012 3:45 pm

Yep renovations are up. We just did the bathroom over the summer. Also did new exterior doors, put in a large oak beam, and added a lot of oak trim, etc. Tiled the dining room and kitchen, and will be doing the kitchen counters and adding a shower in the basement when I have the cash do do so. Windows will be replaced too.
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Re: Reagan Warned Us About Obama

PostBy: KLook On: Thu Nov 29, 2012 3:46 pm

I say at taxpayer expense because the Democrats are still raving about everyone deserving a home after the housing fiasco caused by big Barney and friends. Sounds like a PBS special we ought to do away with. :D

kevin
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Re: Reagan Warned Us About Obama

PostBy: freetown fred On: Thu Nov 29, 2012 3:52 pm

Yes, same thing here Kevin. Contractors don't build unless they have a buyer & about 3 a yr would be outstanding in this area--you were referring to the big buck speculators. I have a feeling we both probably feel the same way about them.
KLook wrote:I know Steves area well, and an uptick in housing is more then 3 houses this year. :P

Kevin
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Re: Reagan Warned Us About Obama

PostBy: coalnewbie On: Thu Nov 29, 2012 4:07 pm

will there actually be a need for endless new houses and condos and shopping malls and subdivisions etc... going forward?


Do you really dream that 3% - 2% or even minus 1% is going to make a twits worth of difference? There is no money in the system and realty is no longer seen as a way to retirement wealth. Yep, wait a generation or two then perhaps. No recovery, no way, no how. Stop watching dead cats bounce and go play with your coal fire.
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Re: Reagan Warned Us About Obama

PostBy: SuperBeetle On: Thu Nov 29, 2012 4:19 pm

Yeah the guy building down the road is big. I know quite a few people that used to work for him and being the nice guy he is, he cut their pay and benefits so a lot of them told him to shove it. He himself was still making more each year.
I also know that up the road there is a "habitat" home that was destroyed by the poor needy people that got that house. They were evicted in about 3 years time and thing had to be gutted. It's now for sale again. The area up that way is what we call the slum. A number of low income people live up that way and you can tell who they are just by walking by. Looks like crap and nothing is maintained. Some of those places look like they are 50 years old and they are all under 10 years. No pride in ownership at all. They think they deserve to be homeowners but they don't deserve anything as far as I'm concerned. They even get subsidized heat and god knows what else. I had to have 20% down to buy my home so from the very start we stood to lose something while these people stand to lose nothing of their own and it truly shows.
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Re: Reagan Warned Us About Obama

PostBy: coalnewbie On: Thu Nov 29, 2012 4:34 pm

Some of those places look like they are 50 years old and they are all under 10 years.


Crappily made Mcmansions have a half life of abut 15 years, they will just fall down b4 this crisis is over. No motivation to repair or maintain.
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Re: Reagan Warned Us About Obama

PostBy: freetown fred On: Thu Nov 29, 2012 7:26 pm

My father told me a long time ago--I don't care how you live or where you live, just take some pride in yourself & make the best of any situation --CN, it's not about a lack of motivation, it's because those kind of people are just real pieces of *censored* that have no personal pride. :mad: :(
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Re: Reagan Warned Us About Obama

PostBy: KLook On: Thu Nov 29, 2012 7:27 pm

Crappily made Mcmansions have a half life of abut 15 years, they will just fall down b4 this crisis is over. No motivation to repair or maintain.


I can attest to that as I have been in a wide range of homes here. From a million down to 50k, I have looked at rough framing, roofing, all sorts of finish quality in a wide range of material. I spent Turkey day in a very nice home in an upscale golf course community. If i had had a piece of paper I would have run out of room to list the things that were "wrong" with the house. And that is without seeing the framing. My wife hates taking me anywhere! :oops: :D

Kevin
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Re: Reagan Warned Us About Obama

PostBy: rberq On: Thu Nov 29, 2012 7:33 pm

.
Reagan warned us about vegetables, too. Told us ketchup was just as good, at least for poor kids eating school lunches.

But I guess I'm late with that response, we seem to have migrated into the housing market. Drive around the country roads here and it's amazing how many abandoned houses you see, lots of them nice houses but just empty with the lawn two feet high. 200 yards from me there's an abandoned house, front door is wide open so you can look right through to the back. But it's not one of the nice ones. It was supposed to be auctioned yesterday, and the folks who came for the auction didn't even bother to close the door. The bank is probably hoping it will catch fire and the open door will help maintain a .06 or better draft. :P

If I were homeless I would just look for one of these abandoned houses, without close neighbors, and move in. A guy I know works for banks, checking out houses with mortgage problems. He was referred to one recently where the bank had heard nothing for 8 months from a previously-good customer. Before going to the house he googled the owner and found out she was 92 and recently dead. When he got to the house, it turned out the old lady's daughter and family had moved in after Momma checked out, and were just living there rent free and happy. And why not? He says it takes 6 to 8 months to foreclose and evict somebody, so when people get hopelessly behind they just stop paying the mortgage and use their payment-free time to pay down other debts, or more likely to buy a new car or better drugs.
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Re: Reagan Warned Us About Obama

PostBy: freetown fred On: Thu Nov 29, 2012 7:34 pm

You're not the only one that does that Kevin--Had a friend tell me once that I ever heard him inviting another contractor over to, PLEASE, punch him in the face. :clap: toothy My favorite in the big fancy houses is looking at recepticle plates to see if all the screws slots are horizontal & making a point of mentioning it before I leave. ;)
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Re: Reagan Warned Us About Obama

PostBy: rberq On: Thu Nov 29, 2012 7:45 pm

freetown fred wrote:My favorite in the big fancy houses is looking at recepticle plates to see if all the screws slots are horizontal & making a point of mentioning it before I leave. ;)

OMG, don't let my wife hear that, she will want me to correct all our outlets and switches. :lol: Never mind that the house is 160 years old and crooked and generations of kids spent years beating the *censored* out of it, she has a list of about 300 things that need to be fixed NOW so it will be just perfect. If only I weren't so lazy. And by the time I take one thing off the top of the list two more have been added at the bottom, which saps my enthusiasm.
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Re: Reagan Warned Us About Obama

PostBy: coalnewbie On: Thu Nov 29, 2012 7:46 pm

& making a point of mentioning it before I leave.


... and you wonder why you don't get invited back to the big fancy houses????

AHAHAHHAAHHA... I slay myself.
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Re: Reagan Warned Us About Obama

PostBy: KLook On: Thu Nov 29, 2012 7:48 pm

My favorite in the big fancy houses is looking at recepticle plates to see if all the screws slots are horizontal & making a point of mentioning it before I leave. ;)


Hah, they can't even line them up at the same height! Over the beautiful granite countertops I have seen them up to 1 inch out of line up and down! That house on turkey day had tile backsplash and they ended the tile right at a triple switch. The cover hung over the edge of the tile so they just ripped it down and stuck it on there! Big hunk of grout to fill the hole.

Kevin

Yes, this is thread drift. Reagan wasn't perfect, so what? So far as we know he didn't diddle a girl with a cigar in the White House. I don't think any Pres. past or present can fix where we are at. We must collapse and go back to a gold standard to take the ability of politicians to buy votes by printing money away. No other way out. They will always do it.
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Re: Reagan Warned Us About Obama

PostBy: Flyer5 On: Thu Nov 29, 2012 8:43 pm

KLook wrote: I don't think any Pres. past or present can fix where we are at. We must collapse and go back to a gold standard to take the ability of politicians to buy votes by printing money away. No other way out. They will always do it.




Scarey but true.
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