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Article #138

Re: Will Bay Area pricing ever drop?

#138
From: John Higdon
Date: Tue, 21 Mar 2000 00:00
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in article keethieDRAT-2103000627500001@user40.usr1.accesscom.com,
keethieDRAT@keethie.net  wrote:

> When they think they have enough for a down payment (most without the
> benefit of wealthy parents), they find the bar has been raised...again.
> This has been been going on for at least a decade now. These folks are no
> longer young. For some a thirty-year mortgage payoff is well beyond
> retirement age.

I had help from my parents. Most of the people I know had help from their
parents. My parents had help from their parents. It is not a crime to get
help from one's parents. Of all those parents just mentioned, none are or
were "wealthy".

I know a number of people RIGHT NOW who have just entered the housing market
without any IPO or other "get rich quick" income. They have been shopping
for some time and all happened to be in the right place at the right time.
They did creative financing. They got help from parents and friends.

-- 
John Higdon     |         P.O. Box 7648         | http://www.anntec.com/
+1 415 428 2697 | Silicon Valley, CA 95150-7648 | FAX: +1 408 264 4407
+1 408 264 4115 |      Email Address Valid      |
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From: John Higdon <no-spam@netninny.org>
Subject: Re: Will Bay Area pricing ever drop?
Date: 2000/03/21
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