tag:blogger.com,1999:blog-529575095156315075.post3105929476859688752..comments2024-02-09T12:12:37.636-08:00Comments on best minimum wage job a middle aged guy ever had: CNN - MONEY doesn't live here.....Duncan McGearyhttp://www.blogger.com/profile/02857388833850939721noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-529575095156315075.post-47827625370565981972010-03-21T08:09:24.409-07:002010-03-21T08:09:24.409-07:00In the first scenario, your $200,000 house would b...<b>In the first scenario, your $200,000 house would be worth $152,912 at the end of eight years. In the second, it would be worth $138,422 after two years. So the first scenario obviously is a lot better.</b><br /><br />Not necessarily. As to whether I would rather have $138K in two years, or $153K in eight, personally I would rather have the $138K in 2. It's only about 10% less, and I'd have 6 years to make that 10% back... I'm hoping I could manage to make just under 2%/yr...IHateToBurstYourBubblehttps://www.blogger.com/profile/01660687201024720176noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-77627736228987405552010-03-20T13:56:32.315-07:002010-03-20T13:56:32.315-07:00That's what I was thinking -- then after I wro...That's what I was thinking -- then after I wrote it, I thought maybe it would be better to have the big drop and recovery rather than slow decay....<br /><br />But I think it's a false choice -- our prices have dropped, and were going to drop, and the price increase seems very, very doubtful.<br /><br />It's a forecast,after all.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-82564372540766733362010-03-20T13:20:31.610-07:002010-03-20T13:20:31.610-07:00"Besides, would you rather have a market that..."Besides, would you rather have a market that drops 3.3% a year for 8 years, or a market that drops 33% for 2 years, and then upticks 3.3%?"<br /><br />In the first scenario, your $200,000 house would be worth $152,912 at the end of eight years. In the second, it would be worth $138,422 after two years. So the first scenario obviously is a lot better.H. Bruce Millerhttps://www.blogger.com/profile/14613347512240617956noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-5672484321634314642010-03-20T13:14:04.190-07:002010-03-20T13:14:04.190-07:00Latest IHS Global Insight report (Q4 2009) says ho...Latest IHS Global Insight report (Q4 2009) says homes in Bend finally are "fairly valued." Does this mean we have bottomed out? Not necessarily -- homes here could become undervalued. But at least it seems to indicate prices finally have returned to a realistic level.H. Bruce Millerhttps://www.blogger.com/profile/14613347512240617956noreply@blogger.com