Real estate

Top 8. Aug 2, 1999 10:14 AM

» RandeS - Norm,

Norm,

Shades of D.H. Lawerence ("The Rocking Horse Winner") -- "If you're so smart, how come you aren't rich?" Haven't heard that one in awhile.

-- posted by RandeS

Top 9. Aug 2, 1999 10:32 AM

» Happy - Rande, I always heard it as:

Rande, I always heard it as: "If you are so damm smart, why ain't you rich?"

-- posted by Happy

Top 10. Aug 2, 1999 10:51 AM

» RandeS - Norm,

Norm,

"If you're so smart, how come you aren't rich" comes from “The Rocking Horse Winner,” by D.H. Lawrence. It’s the tale of a young boy whose psychic betting powers help his spendthrift parents (yet there is still, "not enough money).

A better question for some might be, 'If you're so rich, how come you're not smart?'

-- posted by RandeS

Top 11. Aug 3, 1999 6:48 AM

» tele - Smart, Rich Or Both

Time will tell who's smart re the financial future, but if you believe what you read in "The Millionaire Next Door", where a person lives doesn't necessarily tell everything about how rich or not rich they are. Case in point. In FL all elected officials have to file a fairly detailed financial disclosure statement. The results were recently published in my county. The elected official with the highest net worth (well into 7 figures) lives in an efficiency apartment valued at 75K! Maybe that's how she got to be so rich.

-- posted by tele

Top 12. Aug 3, 1999 6:59 AM

» RandeS - tele,

tele,

Her heirs should be thrilled at the prospects.

-- posted by RandeS

Top 13. Aug 3, 1999 8:18 AM

» RandeS - Money is only a means to an end after all, not an end unto itsel

Money is only a means to an end after all, not an end unto itself. Meant to be spent, eventually.

-- posted by RandeS

Top 14. Aug 3, 1999 11:47 AM

» Happy - 17 mile drive

As someone who was born and raised in the Monterey area, I can tell you the weather is cold and dreary.

However, at the upper end of Carmel Valley where I have some property,the weather is much warmer.

-- posted by Happy

Top 15. Aug 3, 1999 12:31 PM

» Happy - Mortgages are getting close to 9% for Jumbos.

Mortgages are getting close to 9% for Jumbos.

This will slow up home appreciation for sure.

Here is a link to Countrywide's current mortgage rates.
http://www1.countrywide.com/rates/rates....

-- posted by Happy

Top 16. Aug 3, 1999 1:07 PM

» RandeS - Yes, the credit markets are doing Greenspan's dirty work for hi

Yes, the credit markets are doing Greenspan's dirty work for him. He must be feeling as though much of his mission is accomplished with conforming rates over 8% -- slowdown in housing and all the associated spending, not to mention an evaporation of the refinance craze.

-- posted by RandeS