Comments on: 64 Worst Bloodmatch: Cost of Owning a Home vs. Slow 911 Response Time http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/ Wed, 25 Nov 2009 02:10:01 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: laexpat http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48758 laexpat Wed, 14 May 2008 12:29:42 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48758 Your tinfoil hat is too tight. Realtors have nothing to do with it -- they don't make any money if nothing is selling. Prices are correcting, but lenders aren't discounting their REOs yet in order to keep prices from falling too fast. If you too steeply discount foreclosures and REOs, values for everyone else in the neighborhood plummet, more people are underwater, more walk, prices drop farther, and so on. Your tinfoil hat is too tight.

Realtors have nothing to do with it — they don’t make any money if nothing is selling.

Prices are correcting, but lenders aren’t discounting their REOs yet in order to keep prices from falling too fast. If you too steeply discount foreclosures and REOs, values for everyone else in the neighborhood plummet, more people are underwater, more walk, prices drop farther, and so on.

]]> By: AArtVark http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48755 AArtVark Wed, 14 May 2008 05:54:34 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48755 69% for Cost of a Home (right now)... No brainer for me since I'm looking for one and there's a suspicion in my gut that realtors and banks are colluding to keep the market from collapsing and correcting the insane increase of about the last eight or so years... People were actually paying 700-800k for 1100sq.ft homes in North Hollywood(!) and no one thought there was something really wrong with that? 69% for Cost of a Home (right now)… No brainer for me since I’m looking for one and there’s a suspicion in my gut that realtors and banks are colluding to keep the market from collapsing and correcting the insane increase of about the last eight or so years… People were actually paying 700-800k for 1100sq.ft homes in North Hollywood(!) and no one thought there was something really wrong with that?

]]> By: laexpat http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48745 laexpat Wed, 14 May 2008 01:27:46 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48745 People die when 911 doesn't answer. People rent when they can't afford to buy. Which is the bigger problem? People die when 911 doesn’t answer.

People rent when they can’t afford to buy.

Which is the bigger problem?

]]> By: David Markland http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48736 David Markland Tue, 13 May 2008 23:55:01 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48736 Colinski - Unsure if you got my emails, but the same IP address that your comments are logged under was reported as having voted a few minutes before your first comment here, although by an unregistered reader (meaning someone who wasn't logged into a Metblogs account voted from the same network you're on). Colinski – Unsure if you got my emails, but the same IP address that your comments are logged under was reported as having voted a few minutes before your first comment here, although by an unregistered reader (meaning someone who wasn’t logged into a Metblogs account voted from the same network you’re on).

]]> By: jill http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48734 jill Tue, 13 May 2008 22:53:55 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48734 Voice of reason...if you are involved in a serious accident, burglary, etc, do you really care what housing pricing costs? No, I think you will be thinking that every second counts until help arrives. Voice of reason…if you are involved in a serious accident, burglary, etc, do you really care what housing pricing costs? No, I think you will be thinking that every second counts until help arrives.

]]> By: colinski http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48719 colinski Tue, 13 May 2008 19:59:49 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48719 Seriously - I didn't vote in this poll and it's showing it as if I already have. I voted on the last one - LAUSD vs gang violence I think it was. Not this one. What's up? Seriously – I didn’t vote in this poll and it’s showing it as if I already have. I voted on the last one – LAUSD vs gang violence I think it was. Not this one. What’s up?

]]> By: colinski http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48718 colinski Tue, 13 May 2008 19:38:51 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48718 You know, if <i>x</i> represents the cost of buying a home in March of 2007, and <i>x</i> = prohibitively expensive, x-((.256x)+(.096(x-.256x))) could still be prohibitively expensive. You know, if x represents the cost of buying a home in March of 2007, and x = prohibitively expensive, x-((.256x)+(.096(x-.256x))) could still be prohibitively expensive.

]]> By: colinski http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48715 colinski Tue, 13 May 2008 18:58:55 +0000 http://la.metblogs.com/2008/05/13/64-worst-bloodmatch-cost-of-owning-a-home-vs-slow-911-response-time/#comment-48715 Hey! It's showing the results of 8 votes and not letting me vote! It's split 50-50! I want to break the tie!!!!! Hey! It’s showing the results of 8 votes and not letting me vote! It’s split 50-50! I want to break the tie!!!!!

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