Comments on: How to Profit from the Coming Real Estate Bust: Money-Making Strategies for the End of the Housing Bubble (9781579548704): John Rubino http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/ SF Bay Area Real Estate, Home Price and Mortgage Insanity Blog - Burbed.com Tue, 16 Mar 2010 22:00:50 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: UnrealAlex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53363 UnrealAlex Sun, 22 Nov 2009 19:20:32 +0000 http://www.burbed.com/?p=4369#comment-53363 #10 BINGO. DreamT, it's funny, there are about 3 Alex's on here, I'm actually an Alex, but we already had Alex and Real Alex, that left me with UnrealAlex and I admit, there's quite an unreal feeling to this brave new Depression world. RE: It's safe as helicopters! #10 BINGO.

DreamT, it’s funny, there are about 3 Alex’s on here, I’m actually an Alex, but we already had Alex and Real Alex, that left me with UnrealAlex and I admit, there’s quite an unreal feeling to this brave new Depression world.

RE: It’s safe as helicopters!

]]> By: DreamT http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53358 DreamT Sun, 22 Nov 2009 07:58:18 +0000 http://www.burbed.com/?p=4369#comment-53358 hey UnrealDreamT, can you chime in so that I can disagree with myself? hey UnrealDreamT, can you chime in so that I can disagree with myself?

]]> By: Alex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53357 Alex Sun, 22 Nov 2009 07:04:51 +0000 http://www.burbed.com/?p=4369#comment-53357 UnrealAlex, Then by that definition, whoever owns the mortgage, owns the house. Certainly not the douches who overextended themselves or used their house as an ATM. Making a few payments does not entitle them to the property. Using your logic, why continue paying any mortgage after a few months?! oh, I'm sorry. You don't have any logic. UnrealAlex,

Then by that definition, whoever owns the mortgage, owns the house. Certainly not the douches who overextended themselves or used their house as an ATM. Making a few payments does not entitle them to the property. Using your logic, why continue paying any mortgage after a few months?!

oh, I’m sorry. You don’t have any logic.

]]> By: karen http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53356 karen Sun, 22 Nov 2009 05:50:57 +0000 http://www.burbed.com/?p=4369#comment-53356 Actually once prices fall that much the govt. goons and lackeys won't *want* the houses - look at Detroit. they'll be happy to get something resembling property taxes or a modest rent from the "owners." the bullets will be for defending oneself against the hungry hordes. Actually once prices fall that much the govt. goons and lackeys won’t *want* the houses – look at Detroit. they’ll be happy to get something resembling property taxes or a modest rent from the “owners.” the bullets will be for defending oneself against the hungry hordes.

]]> By: UnrealAlex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53355 UnrealAlex Sun, 22 Nov 2009 05:47:49 +0000 http://www.burbed.com/?p=4369#comment-53355 The bank doesn't own it either, they loan the money into existence, split the mortgage up into a million little slices to sell all over the world, to people getting US tax money (bailouts and buyoffs) the best measure of ownership is who lives in the house, people living in a house should be prepared to defend against home invaders, criminal gangs, etc. Lethally. This includes the banksters' goons. The bank doesn’t own it either, they loan the money into existence, split the mortgage up into a million little slices to sell all over the world, to people getting US tax money (bailouts and buyoffs) the best measure of ownership is who lives in the house, people living in a house should be prepared to defend against home invaders, criminal gangs, etc. Lethally. This includes the banksters’ goons.

]]> By: Alex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53350 Alex Sun, 22 Nov 2009 01:05:00 +0000 http://www.burbed.com/?p=4369#comment-53350 It's not your house until you've paid it off. If you've only made a few payments, you own only a fraction of that house. The bank is the primary owner. What you're proposing is nothing more than theft. If those banks are getting bailed out, then ownership of that house should revert to the American taxpayers, not the schmuck who made a few payments. It’s not your house until you’ve paid it off. If you’ve only made a few payments, you own only a fraction of that house. The bank is the primary owner.

What you’re proposing is nothing more than theft. If those banks are getting bailed out, then ownership of that house should revert to the American taxpayers, not the schmuck who made a few payments.

]]> By: UnrealAlex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53349 UnrealAlex Sat, 21 Nov 2009 23:59:47 +0000 http://www.burbed.com/?p=4369#comment-53349 Er, you make at least several payments on it, then the banksters and their goons want to take it, you kill 'em. Even one payment makes you more of an owner than the banksters are. Very simple. At least we agree. Er, you make at least several payments on it, then the banksters and their goons want to take it, you kill ‘em. Even one payment makes you more of an owner than the banksters are.

Very simple. At least we agree.

]]> By: nomadic http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53348 nomadic Sat, 21 Nov 2009 23:43:10 +0000 http://www.burbed.com/?p=4369#comment-53348 What regular-Alex is saying though, is that it isn't "your" house if you haven't paid for it. Those people don't deserve to stay there and have no grounds for defending property that isn't rightfully theirs in the first place. What regular-Alex is saying though, is that it isn’t “your” house if you haven’t paid for it. Those people don’t deserve to stay there and have no grounds for defending property that isn’t rightfully theirs in the first place.

]]> By: UnrealAlex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53342 UnrealAlex Sat, 21 Nov 2009 21:35:52 +0000 http://www.burbed.com/?p=4369#comment-53342 Right - that's what I"m saying. Stay in your house and give the goons a bullet in the head. Right – that’s what I”m saying. Stay in your house and give the goons a bullet in the head.

]]> By: Alex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53339 Alex Sat, 21 Nov 2009 20:46:24 +0000 http://www.burbed.com/?p=4369#comment-53339 If those houses are paid with tax money, then it should go back to us collective taxpayers. The "owner" abused the system and deserves nothing at all. If those houses are paid with tax money, then it should go back to us collective taxpayers. The “owner” abused the system and deserves nothing at all.

]]> By: UnrealAlex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53337 UnrealAlex Sat, 21 Nov 2009 20:05:02 +0000 http://www.burbed.com/?p=4369#comment-53337 Alex, those houses are paid for with our tax money, read the news a little willya? Alex, those houses are paid for with our tax money, read the news a little willya?

]]> By: Alex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53336 Alex Sat, 21 Nov 2009 19:28:51 +0000 http://www.burbed.com/?p=4369#comment-53336 I don't condone anarchy. No one is entitled to that house if they haven't paid for it. I don’t condone anarchy. No one is entitled to that house if they haven’t paid for it.

]]> By: UnrealAlex http://www.burbed.com/2009/11/21/how-to-profit-from-the-coming-real-estate-bust-money-making-strategies-for-the-end-of-the-housing-bubble-9781579548704-john-rubino/#comment-53335 UnrealAlex Sat, 21 Nov 2009 19:14:32 +0000 http://www.burbed.com/?p=4369#comment-53335 Ride the crash all the way to the bottom is more like it, I talk to a ton of people who are losing equity like an arterial bleed, I tell them to stop paying now, save their money for the year+ it takes the banksters to kick 'em out, and put that money into preps. Preps = beans and bullets, essentially. Chances are in another year, things will be enough *more* collapsed that the house will be theirs indefinitely, but that's where the bullets come in, we don't have to all shoot gov't goons and banksters and their lackeys, but enough of us have to shoot enough of them to convince 'em it's not worth it. Ride the crash all the way to the bottom is more like it, I talk to a ton of people who are losing equity like an arterial bleed, I tell them to stop paying now, save their money for the year+ it takes the banksters to kick ‘em out, and put that money into preps. Preps = beans and bullets, essentially.

Chances are in another year, things will be enough *more* collapsed that the house will be theirs indefinitely, but that’s where the bullets come in, we don’t have to all shoot gov’t goons and banksters and their lackeys, but enough of us have to shoot enough of them to convince ‘em it’s not worth it.

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