Pity party

Why the 2008 Housing Relief Bill is No Relief

To Realestateagent: Your the first honest one I have read about in many years. Good job on controlling your finances. I have a side question. When you built your own house, what did it cost you (not including lot) per square foot to build it. here in california builders are still charging over $300/sq ft for a starter house in a gang area and a sewage treatment plant across the street.

Fire insurance companies spend up to $50/sq foot restoring a burned down house. How to builders get away with the lie that it costs them so much to build? Atrouind mny area, most of the workers are illegal aliens getting paid cash---if the builders pay them at all?


Whast the big secret iun construction? layers and layers of the same subcontractors are used to boost the price. Tell us about your experience building your own house. Many of us SAVERS and RENTERS want to know. We want to get out from this monthly rent. My landlord is a developer, an engineer, a builder and a Real estate company. He is tryiong to sell a VACANT dirt lot at only 8,000 sq feet in a agricultural area ( a farm is across the street, and cows one block away). The price? $299,000 for a teensy lot---and its next to a sewage treatment plant. It was formerly part of a flooded out area that he purchased for almost nothing, his family owns the town, they include the mayor, city planning, and city councilman. The citizerns don't yet see the connection. If they talk about it, they get fired.

Why the 2008 Housing Relief Bill is No Relief

To: Destroyed by Divorce: Your statement makes me nauseous. 50% of marriages end in divorce so you have company. I also tatsed the flavor of a bitter divorce. But I solved my problem by paying off my consumer debts and saving. I saw the bubble coming and at first felt rage since I had always owned my own house I could not afford to buy at these HIGH prices. yes, I could easily afford high mortgage payments but why throw your money away at a Realtor, and a bank? So, I remarried and changed my life. I will no longer work for the banks. Instead I am working for my family. Instaed of a nice comfortable house with all the amenities we moved into a dump on the wrong side of town. I bought a shotgun for protection (cops never come out to the poor areas) and stated serious saving. I save 100% of my after tax income. That money goes to very conservative savings (not really investment grade -I don't want banks or wall street to steal from, me again). So beans and rice, freezing winters and sweltering summers. We have refrigerated air and heat, but I don't want my money going to utiolities that lobby for higher prices. No more restaurants or entertainment. No cable TV, actually NO TV---too many advertisements for things I DO NOT WANT TO BUY.

My wife saves 80% of her income that is not taxed. I have two jobs and my wife has three jopbs. IO learned that if you are not working, you tend to spend money. SO I keep working AT ANY JOB, whether minimum wage or as a consultant. I am never too proud to work an honest job.

Neither of us has a high salary. In fact, our gross income is average for our blue collar neighborhood. but wait! Are we poor? Hell no! She still drives her old car and I also drive my old car. We nickle and dime everything. We have a small vegetable garden and we have both learned to cook and garden. I am still wearing clothes I bought 12 years ago. No frivolous expenses! We prepay all recurring bills rent, gas and electric. I recently ran a credit check and we HAVE NO FICO SCORE. All there was was a SSN DOB and street address. None of my paid off house mortgages (four) showed up on the credit reports. None of my wifes old mortgages showed up on her report. No worry about identity theft here! Wellk we have saved over $600,000 CASH all taxes paid for our dream house---and guess what?


We learned that we don't want that dream house anymore!!!

A house is a pretext by banks to suck the life blood out of you. If i want to offer my opinion I offer it---LOUDLY. That is called REAL FREEDOM. No more rear kissing just to keep the boss "happy" no more PC speech.

Plenty of Michael Savage on the radio and plenty of time to read about PATRICK.net ON A FREE COMPUTER ---ON My neighbors FREE wifi internet connection.

Btw---I was just given two complete home theater systems---top of the line 750 watts of sound huge projection video screen 8 feet across. FOR FREE...and now we have FREE cable. I have a nice neighbor who rewarded me for fixing stuff around his house. The free home thater---was owned by a neighbor who has to move to a trailer park...they also lost their house. Across the street four mobile homes are parked---lived in by former home owners.


I blame Realtors, bankers and greed.

I AM NOW STARTING TO ENJOY THE fruits of LAST TEN YEARS OF FRUGALITY. We do what we want---no plastic---when we want and how we want. I find that people start giving us stuff--- because IF YOU DO NOT NEEED IT---IT HAS A WAY of finding you.

Recvently, another neighbor GAVE us a new (new to us) late model car----they had it paid off, but had more cares than family members---so they signed it over. They lost their house also.


Last week-- a stranger out of the blue---begged me for a $50,000 dollar loan. He would pay me $25,000 to borrow the money for two weeks. I asked him why he didnt get a HELOC on one of his three san Francisco Bauy houses. They were all HELOCed up. I asked him for collateral---for the potential $75,000 for two weeks. Heres a FUNNY ONE. He would sign over the pink slip (owners papers) om a new 2008 HUMMER. LOL LOL ROFL. He had 5 new HUMMERS---stupid and expensive hobby. I told him I wowuldnt takle a HUMMER FOR FREE! Why would I pay $75k for a HUMMER when I only drove 900 miles all last yea? many of us have it bad. Learn how to make a silk purse from, garbage. Thats what we did.