tag:blogger.com,1999:blog-8449425153344885020.post934534071239637621..comments2023-08-11T18:01:00.801-07:00Comments on Housing Bubble Hall of Shame®: Bay Area WhineTyronehttp://www.blogger.com/profile/04226876002855072090noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8449425153344885020.post-72333000314857418032008-12-03T09:03:00.000-08:002008-12-03T09:03:00.000-08:00Loved the {HOUSING BUBBLE EXPLAINED ** SPECIAL SHE...Loved the {HOUSING BUBBLE EXPLAINED ** SPECIAL SHEEP VIDEO!} for Dawn that was fucking great!!!hahahahttps://www.blogger.com/profile/18105459492143542465noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-79024307299864980902008-11-30T22:11:00.000-08:002008-11-30T22:11:00.000-08:00Everyone in this post deserves their own post...th...Everyone in this post deserves their own post...though Dawn does stand out in particular as a deadbeat.<BR/><BR/>From dictionary.com:<BR/>deadbeat [n. ded-beet; adj. ded-beet]<BR/>–noun<BR/>1. a person who deliberately avoids paying debts.<BR/><BR/>If it walks like a deadbeat and avoids paying debts like a deadbeat...Nahiehttps://www.blogger.com/profile/08712668976872645605noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-73320948350273875972008-11-30T17:52:00.000-08:002008-11-30T17:52:00.000-08:00Here is Roy's pad...460 TOWNSEND DR, Benicia, CAHere is Roy's pad...<BR/><BR/>460 TOWNSEND DR, Benicia, CATyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-6158931083178066892008-11-29T21:59:00.000-08:002008-11-29T21:59:00.000-08:00Here is the Aguiar mansion:4343 Delaware Dr Fremon...Here is the Aguiar mansion:<BR/><BR/><A HREF="http://www.zillow.com/homedetails/4343-Delaware-Dr-Fremont-CA-94538/25039330_zpid" REL="nofollow">4343 Delaware Dr</A> Fremont CA 94538 <BR/>3 beds, 2.0 baths, 1,104 sq ft <BR/>Sale History <BR/>12/16/2005: $587,000 <BR/>08/26/1998: $234,000 <BR/><BR/><B>$587K for 1100 sq ft!!!<BR/>$533/sqft!!!<BR/><BR/>These are the idiots we're wasting tax dollars on.</B><BR/><BR/>Lets do the math:<BR/>assume 20% down<BR/>$470K mortgage loan<BR/><BR/>Historical affordability guidelines are 3x gross earnings for loan amount. Lets use 3.5x...<BR/><BR/>$470K/3.5 = $134K<BR/><BR/>The Aguiar household must earn $134K, right?<BR/><BR/>I don't believe this house is worth more than $300K. If houses in this neighborhood are still selling for $450K-$500K, my estimate of another 30-50% drop is good.<BR/><BR/>She gets her own post, tomorrow.Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-8449425153344885020.post-75436865481577142812008-11-29T20:18:00.000-08:002008-11-29T20:18:00.000-08:00"They're supposed to be getting people into fixed-..."They're supposed to be getting people into fixed-rate loans they can afford, reducing their principal," Aguiar said.<BR/><BR/>No, what was "supposed" to happen was Dawn Aguiar was supposed to pay her loan on time each and every month for the next 30 years (or whatever her terms were). Do any of these people understand that they signed a legally binding contract to pay x amount for x years before they own the house?Nahiehttps://www.blogger.com/profile/08712668976872645605noreply@blogger.com