New one.

What effect would it have on the USA as a whole if NYC was utterly destroyed
by terrorist WMDs?

What about DC?

Think carefully ....

On Wed, 6 Oct 2004 12:09:04 -0400, "Vito" wrote
this crap:

New one.

What effect would it have on the USA as a whole if NYC was utterly destroyed
by terrorist WMDs?

What about DC?


What about you?





Pathetic Earthlings! No one can save you now!

Bingo. The only people guaranteed to make money out of real estate
churning are agents, banks and governments.

My Sydney property has increased in value 10-fold since I bought it.
BFD. It'd cost me as much or more to buy another but I'd be shelling
out all the expenses. Only answer is to sell & move somewhere cheaper
if you want to cash out - and hope there are enough suckers with deep
pockets to pay.

In my case I don't care. I saw undervalued RE here in Tasmania, bought
in and now have a nice waterfront place that's paid for, and could be
sold for 3X the purchase price. Once again, BFD. They aren't making
any more waterfront RE so selling leaves me ...... where?

Idiots like Bob**** think they can sell to some other sucker for an
inflated price while pocketing the cash and moving on to the next
undervalued property. He also seems to think it's about floor area
etc. Hah. The house I'm just finishing building (another thing Blobby
is incapable of doing, actually building anything) has a total floor
area less than the top floor of my Sydney place. Bigger isn't
necessarily better.

PDW

"gonefishiing" wrote in message ...
that is the point.
even if your property values go up. you cannot realize the gain unless
moving to south america
as all the properties around you have increased by roughly the same
percentage.
what it will buy, is leverage with banks to buy more stuff which is
valuable.


OzOne wrote in message ...
On 06 Oct 2004 12:42:07 GMT, (Bobsprit) scribbled

In effect Bubbles, it means nothing.
I'd have to get out of Sydny to realise the capital gain.




Oz1...of the 3 twins.

I welcome you to crackerbox palace,We've been expecting you.

What a second, didn't you just say:

" My memory goes back to 1989, and I knew a whole bunch of people who
lost
money
on NY apartments."

If so, then how can you say:

" Hell, in most of 1980 you could still buy a Fiat in this country, and the
dood
who just died of very old age was not yet elected President."

Guess what Jax - for over the last quarter century I elected to leave NY and
never looked back. The light at the end of your tunnel is New Jersey.

Gilligan



"JAXAshby" wrote in message
...
Jill? do *you* suspect that one or two things have happened in the
universe in
the last quarter century?

Hell, in most of 1980 you could still buy a Fiat in this country, and the
dood
who just died of very old age was not yet elected President.

but thanks for sharing, Jill.

When I left New York in the very early 80's you could own a house if you
simply paid the back taxes on it. On the way out through Queens, the
garbage
was piled so high on one street you couldn't even get over it in 4WD. New
York is also on of the few places with a sales tax on a house. My friend
paid 3% sales tax on a house in Forest Hills. With rising interest rates
and
offshoring of financial services it will be interesting to see what
happens
to NY real estate. If you weigh in the costs of taxes, living, decline in
health etc, New York real estate isn't that great. My condominiums in
Vail
and Aspen have done much better than NY real estate - and they are
usually
rented by New Yorkers on vacation!

Gilligan.




"JAXAshby" wrote in message
...
At no time did anyone I know lose money on a NY apartment. They all
doubled
their money or much better.

My memory goes back to 1989, and I knew a whole bunch of people who
lost
money
on NY apartments.

oh no
god please
not new jersey!
gf.

"Gilligan" wrote in message
nk.net...
What a second, didn't you just say:

" My memory goes back to 1989, and I knew a whole bunch of people who
lost
money
on NY apartments."

If so, then how can you say:

" Hell, in most of 1980 you could still buy a Fiat in this country, and
the
dood
who just died of very old age was not yet elected President."

Guess what Jax - for over the last quarter century I elected to leave NY
and
never looked back. The light at the end of your tunnel is New Jersey.

Gilligan



"JAXAshby" wrote in message
...
Jill? do *you* suspect that one or two things have happened in the
universe in
the last quarter century?

Hell, in most of 1980 you could still buy a Fiat in this country, and
the
dood
who just died of very old age was not yet elected President.

but thanks for sharing, Jill.

When I left New York in the very early 80's you could own a house if
you
simply paid the back taxes on it. On the way out through Queens, the
garbage
was piled so high on one street you couldn't even get over it in 4WD.
New
York is also on of the few places with a sales tax on a house. My
friend
paid 3% sales tax on a house in Forest Hills. With rising interest
rates
and
offshoring of financial services it will be interesting to see what
happens
to NY real estate. If you weigh in the costs of taxes, living, decline
in
health etc, New York real estate isn't that great. My condominiums in
Vail
and Aspen have done much better than NY real estate - and they are
usually
rented by New Yorkers on vacation!

Gilligan.




"JAXAshby" wrote in message
...
At no time did anyone I know lose money on a NY apartment. They all
doubled
their money or much better.

My memory goes back to 1989, and I knew a whole bunch of people who
lost
money
on NY apartments.

think they can sell to some other sucker for an
inflated price while pocketing the cash and moving on to the next
undervalued property. He also seems to think it's about floor area
etc.

Bwahahaha! What a brainless pinhead! Yeah, nobody made money in NY property
flipping...except most people who tried it!

RB

The house I'm just finishing building (another thing Blobby
is incapable of doing,


I knew if I mentioned the money we're making flipping an apartment this
puppethead would get in a tizzy!

Hoooh ahhh!

RB

"Horvath" wrote

What about you?

Like you, few will even notice my passing.
We're only important to ourselves.

but the psychology is the same. something for nothing.

Of course booms end...ever played the stock market?


From a Wall Street insider:

Two out of three make money in the stock market. The House makes money, and
the Broker makes money. Two out of three ain't bad.