Renegen on 23/8/2006 at 00:27
Quote Posted by Rug Burn Junky
If only this were any more accurate than any of your other posts.
Alas, I'm resigned to the fact that you're not leaving us. Why must you tease us so?
No, goodbye to
you, you finally seemed to shut up.
Plus..yeah RBJ's analysis sure is great, too bad it has nothing to do with selling a house which was what the thread was about. What's next, the wonderful opportunities of bonds? Robin coming in with his cape wide open, not missing the chance to impart us simpletons with his impressive knowledge. You kinda missed the exit, but hey, it's over now. Go bark up another tree.
Rug Burn Junky on 23/8/2006 at 00:40
Quote Posted by Renegen
No, goodbye to
you, you finally seemed to shut up.
Ooooh, you sure told me, Mr. Smartypants!
Quote:
Plus..yeah RBJ's analysis sure is great,
It is, isn't it? You could learn a few tips.
Quote:
What's next, the wonderful opportunities of bonds?
If that's what you want, SURE!
Quote Posted by Scots_Taffer
I'm not sure how MBS figures into that discussion except I'm assuming that the investment potential involved can be applied to the point in hand, I'm afraid it's much too early to deconstruct all the financialese in that link!
Easy.
If interest rates are going up, being on the lending side gets more attractive. I only chose MBS because it's the other side of the exact same coin (mortage lending), but rising interest rates give you incentives to buy bonds in general, which is just one of many things you are able to do when selling off real estate interests.
Scots Taffer on 23/8/2006 at 00:51
Okay, sure, I see the benefits of MBR. I think in this discussion though, only a small proportion of sellers would find an interest rate rise in their favour.
Rug Burn Junky on 23/8/2006 at 01:01
Quote Posted by Scots_Taffer
Okay, sure, I see the benefits of MBR. I think in this discussion though, only a small proportion of sellers would find an interest rate rise in their favour.
That's just an example.
And the reason that the small percentage of sellers would see that as a benefit, is that many would be reinvesting in real estate, thus subjecting themselves to the higher rates of a new mortgage.
But that's not really a disadvantage to
selling, because those costs aren't related to the sale, it's related to moving back into the market with a purchase. It's still a disadvantage to buying, or rather, to
borrowing.
For one who is truly moving out of the market however, simply having to temper one's expectations on your profit return from your initial investment
(sure, the prices have come down, but that's because they were set in expectation of continued gains, not that they're actually losing value) is hardly being "hurt."
