Comments on: Countrywide Down (Finally!) http://livingoffdividends.com/2007/07/26/countrywide-down-finally/ Join me on my journey to achieve financial independence through dividends, passive income and investments Thu, 11 Mar 2010 17:23:08 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Adventures In Money Making http://livingoffdividends.com/2007/07/26/countrywide-down-finally/comment-page-1/#comment-718 Adventures In Money Making Fri, 27 Jul 2007 23:01:00 +0000 http://www.livingoffdividends.com/2007/07/26/countrywide-down-finally/#comment-718 I've bought over 20 properties in 4 different states. And someone who rents a room in someone else's house is the real estate expert????<br/><br/>gimme a break. I’ve bought over 20 properties in 4 different states. And someone who rents a room in someone else’s house is the real estate expert????

gimme a break.

]]> By: Anonymous http://livingoffdividends.com/2007/07/26/countrywide-down-finally/comment-page-1/#comment-717 Anonymous Fri, 27 Jul 2007 22:51:00 +0000 http://www.livingoffdividends.com/2007/07/26/countrywide-down-finally/#comment-717 That makes you MUCH less objective - people by nature always look for the data that support their decisions. You're filtering only data that seem to prove you were "right."<br/><br/>Now I understand your arguments. It all makes sense now. That makes you MUCH less objective – people by nature always look for the data that support their decisions. You’re filtering only data that seem to prove you were “right.”

Now I understand your arguments. It all makes sense now.

]]> By: Adventures In Money Making http://livingoffdividends.com/2007/07/26/countrywide-down-finally/comment-page-1/#comment-716 Adventures In Money Making Fri, 27 Jul 2007 22:44:00 +0000 http://www.livingoffdividends.com/2007/07/26/countrywide-down-finally/#comment-716 I actually in a very nice condo in San Diego.<br/><br/>Condo conversions were the first to drop.<br/><br/>Just because your neighborhood hasn't dropped yet doesn't mean that it won't.<br/>Prices at the higher end are stickier than at the low end. most wealthy owners don't need to sell, so if they don't get their price many will refuse to sell.<br/><br/>If you think I'm making up these numbers, you having been following any news at all. You probably spend your time watch those stupid reality shows!<br/><br/>Well, keep on renting. I'm sure you'll actually be able to afford a place of your own in a few years.<br/><br/>BTW, I rent too. In fact I rent my own place back that I sold for 20% more 2 years ago at the peak. Does that make me more objective than you? I actually in a very nice condo in San Diego.

Condo conversions were the first to drop.

Just because your neighborhood hasn’t dropped yet doesn’t mean that it won’t.
Prices at the higher end are stickier than at the low end. most wealthy owners don’t need to sell, so if they don’t get their price many will refuse to sell.

If you think I’m making up these numbers, you having been following any news at all. You probably spend your time watch those stupid reality shows!

Well, keep on renting. I’m sure you’ll actually be able to afford a place of your own in a few years.

BTW, I rent too. In fact I rent my own place back that I sold for 20% more 2 years ago at the peak. Does that make me more objective than you?

]]> By: Anonymous http://livingoffdividends.com/2007/07/26/countrywide-down-finally/comment-page-1/#comment-715 Anonymous Fri, 27 Jul 2007 21:37:00 +0000 http://www.livingoffdividends.com/2007/07/26/countrywide-down-finally/#comment-715 I'm pretty sure you're just making up those numbers or you're generalizing your small, undesireable home area for a very large one. Here in LA, prices are holding up fine for good properties. In my neighborhood, homes are still selling for profit. They're taking longer to seel, but they're selling. Of course, I live in the Hollywood Hills, so the area is in demand.<br/><br/>If you're not making up those numbers, you're area must just be in very low demand. Are you talking crappy condo conversions in Riverside or something? <br/><br/>By the way, I'm not in denial about my investments or anything - I rent a suite in a private home. So, I'm completely objective. I’m pretty sure you’re just making up those numbers or you’re generalizing your small, undesireable home area for a very large one. Here in LA, prices are holding up fine for good properties. In my neighborhood, homes are still selling for profit. They’re taking longer to seel, but they’re selling. Of course, I live in the Hollywood Hills, so the area is in demand.

If you’re not making up those numbers, you’re area must just be in very low demand. Are you talking crappy condo conversions in Riverside or something?

By the way, I’m not in denial about my investments or anything – I rent a suite in a private home. So, I’m completely objective.

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