April 3, 2009

I've got a feeling anyone who speculated on housing these past few years (and didn't get out) feels pretty much like this...

4 comments:

Mike Hunt said...

This is how anyone who voted for Obama feels like (including me) or will feel like within the next 12 months (that would be you Keefer).

-Mike

JAWS said...

EXACTLY!!!!!!
Another wave of foreclosures as the moron "investors" that bought into the Wells Fargo low interest loans at the AUCTIONS......go into negative equity, or can't find renters with decent credit and income, then wind up in a nightmare.

All these purchases at auctions over the last couple years are done by johnnie-come-lately suckers that don't have a clue of basic math. They come away from the auctions gleefuly announcing how they got $30K off, or $200K off, - sh*t, they still overpaid by a bundle.

I've watch suckers pay way over retail at auctions. They crack me up. It's hard to tell the shills from the suckers, although I guess they're all suckers. Being a "shill" doesn't pay much unless you supplement it with hookering. Lots of shills are also hookers. Shill employers have a way of encouraging a shill to branch out.

Mitesh Damania said...

Hahahaha! Great prank!

investorinpa said...

This is the greatest prank I've ever seen...