tag:blogger.com,1999:blog-5936637281134795592.post4066492364770520742..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: Wed Post #1: Conflicting messages. Should the Federal Government back off on their mortgage changes?Unknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5936637281134795592.post-23268789538997815492012-11-07T02:42:18.699-08:002012-11-07T02:42:18.699-08:00Blogs are so informative where we get lots of info...Blogs are so informative where we get lots of information on about Mortgage. Nice job keep it up!<br /><br /><a href="http://www.greatcanadamortgage.com" rel="nofollow"><b>canada mortgage rates</b></a>Canada Mortgagehttps://www.blogger.com/profile/05951795157538096367noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-42993745865228511372012-10-03T13:47:49.350-07:002012-10-03T13:47:49.350-07:00Excellent post Whisperer!Excellent post Whisperer!RumbleGutshttps://www.blogger.com/profile/17200293388681375947noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-28715834557541964822012-10-03T13:16:35.539-07:002012-10-03T13:16:35.539-07:00Where can I join the lobbying for keeping the rece...Where can I join the lobbying for keeping the recent CMHC/OSFI change?another value investorhttps://www.blogger.com/profile/07659083327214275843noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-24784846377865018132012-10-03T12:37:08.277-07:002012-10-03T12:37:08.277-07:00Could you imagine taking a real estate course with...Could you imagine taking a real estate course with this Tsur guy and have half a brain in your head at the same time? The stuff that comes out of this guy's mouth is just mindbogglingly stupid.<br /><br />Exam Question: If RE prices decline by 25% would people ever sell their homes?<br /><br />Your Answer: Yes, it happens all the time, look at America, or the people who are already underwater on their BC homes and selling...<br /><br />Tsur: You fail! No one ever needs to sell their house at a price below the price they paid. Ever. You need an economic shock...<br /><br />You: But...<br /><br />Tsur: *Sticks fingers in ears and shuts eyes<br /><br />and so on... I'd love for you to find one of his students to interview.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-53136246571452378482012-10-03T10:47:11.416-07:002012-10-03T10:47:11.416-07:002 thumbs up!2 thumbs up!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-22150360574238813752012-10-03T09:26:22.767-07:002012-10-03T09:26:22.767-07:00what a great post whisperer. Thanks!!what a great post whisperer. Thanks!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-60840844498983104932012-10-03T08:47:16.926-07:002012-10-03T08:47:16.926-07:00Should we save the foolish?
Credit/equity is its ...Should we save the foolish?<br /><br />Credit/equity is its own monster, if someone has $500K cash in the bank they would never hand it all over to buy a 1.0 million dollar home, leaving them a $500K mortgage and zero cash in the bank. Once you have cash its tough to let go, cheap money/credit on the other hand is irresistible, put 100K down, take 900K mortgage, ohh that feels much better.<br /><br />Ask anyone if its a good idea to have 90% of their liquid assets in 1 stock and they would say foolish, now have 90% of your net worth in tar paper and 2x4's that's just fine.<br /><br />We are in for quite a decade and the whining has already started. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-75204775139889074782012-10-03T07:13:23.998-07:002012-10-03T07:13:23.998-07:00Great post. I agree that excess liquidity is the r...Great post. I agree that excess liquidity is the root cause and mortgage rules is really only tinkering. Bring back the old mortgage rules if you want, it's not going to stop the crash. The horse has left the barn.<br />Fasten your seatbelts!Anonymousnoreply@blogger.com