RR: Farewell

[G.T.]

http://www.spokejunkies.com/forum/index.php?showtopic=5015
--
"All my time I spent in heaven
Revelries of dance and wine
Waking to the sound of laughter
Up I'd rise and kiss the sky" - The Mekons

[BB]

On Mon, 22 Jan 2007 00:41:31 -0800, G.T. wrote:
> http://www.spokejunkies.com/forum/index.php?showtopic=5015

Looks like some nice singletrack. I miss having singletrack close to home,
too.

--
-BB-
To e-mail me, unmunge my address

[JD]

G.T. wrote:
> http://www.spokejunkies.com/forum/index.php?showtopic=5015


La Canada, eh? Does a dollar go further there too?

JD

[cc]

JD wrote:
> G.T. wrote:
>> http://www.spokejunkies.com/forum/index.php?showtopic=5015
>
>
> La Canada, eh? Does a dollar go further there too?
>
> JD
>

Le Canada. It's a boy.

[cc]

cc wrote:
> JD wrote:
>> G.T. wrote:
>>> http://www.spokejunkies.com/forum/index.php?showtopic=5015
>>
>>
>> La Canada, eh? Does a dollar go further there too?
>>
>> JD
>>
>
> Le Canada. It's a boy.

oh, you really did mean La Canada. my bad.

[G.T.]

"cc" > wrote in message ...
> cc wrote:
>> JD wrote:
>>> G.T. wrote:
>>>> http://www.spokejunkies.com/forum/index.php?showtopic=5015
>>>
>>>
>>> La Canada, eh? Does a dollar go further there too?
>>>
>>> JD
>>>
>>
>> Le Canada. It's a boy.
>
> oh, you really did mean La Canada. my bad.

La Canada is definitely a chick. And isn't Canada a chick, too? Motherland
or vaterland?

But anyway as I researched my soon to be former home I came up with an
interesting tidibit of information. The median family income is around
$125,000 here while the median home price is around $1.5 million.

How does a family which brings home around at most $8400 a month after taxes
pay a mortgage plus taxes plus insurance of approximately $8300?

Greg

[Ride-A-Lot]

G.T. wrote:
>
> How does a family which brings home around at most $8400 a month after taxes
> pay a mortgage plus taxes plus insurance of approximately $8300?
>

Interest only loan.

[cc]

G.T. wrote:
> "cc" > wrote in message ...
>> cc wrote:
>>> JD wrote:
>>>> G.T. wrote:
>>>>> http://www.spokejunkies.com/forum/index.php?showtopic=5015
>>>>
>>>> La Canada, eh? Does a dollar go further there too?
>>>>
>>>> JD
>>>>
>>> Le Canada. It's a boy.
>> oh, you really did mean La Canada. my bad.
>
> La Canada is definitely a chick. And isn't Canada a chick, too?

No. Ever heard a song called "a la canada" ? Just doesn't quite have the
same ring . . .

Motherland
> or vaterland?
>
> But anyway as I researched my soon to be former home I came up with an
> interesting tidibit of information. The median family income is around
> $125,000 here while the median home price is around $1.5 million.
>
> How does a family which brings home around at most $8400 a month after taxes
> pay a mortgage plus taxes plus insurance of approximately $8300?
>
> Greg
>
>

[G.T.]

"Ride-A-Lot" > wrote in message
...
> G.T. wrote:
>>
>> How does a family which brings home around at most $8400 a month after
>> taxes pay a mortgage plus taxes plus insurance of approximately $8300?
>>
>
> Interest only loan.

Even better, negative amortization loans. Love those creative financial
vehicles out there, nothing like getting further and further behind every
month.

Greg

[cc]

G.T. wrote:
> "cc" > wrote in message ...
>> cc wrote:
>>> JD wrote:
>>>> G.T. wrote:
>>>>> http://www.spokejunkies.com/forum/index.php?showtopic=5015
>>>>
>>>> La Canada, eh? Does a dollar go further there too?
>>>>
>>>> JD
>>>>
>>> Le Canada. It's a boy.
>> oh, you really did mean La Canada. my bad.
>
> La Canada is definitely a chick. And isn't Canada a chick, too? Motherland
> or vaterland?
>
> But anyway as I researched my soon to be former home I came up with an
> interesting tidibit of information. The median family income is around
> $125,000 here while the median home price is around $1.5 million.
>

> How does a family which brings home around at most $8400 a month after taxes
> pay a mortgage plus taxes plus insurance of approximately $8300?
>

Median is also not the same as mean, and says nothing of the shape of
the distribution of home values/incomes.

Five $100k homes and six $1.5M homes have the same median value as six
$1.5M homes and five $5M homes.

[G.T.]

"cc" > wrote in message ...
> G.T. wrote:
>> "cc" > wrote in message
>> ...
>>> cc wrote:
>>>> JD wrote:
>>>>> G.T. wrote:
>>>>>> http://www.spokejunkies.com/forum/index.php?showtopic=5015
>>>>>
>>>>> La Canada, eh? Does a dollar go further there too?
>>>>>
>>>>> JD
>>>>>
>>>> Le Canada. It's a boy.
>>> oh, you really did mean La Canada. my bad.
>>
>> La Canada is definitely a chick. And isn't Canada a chick, too?
>> Motherland or vaterland?
>>
>> But anyway as I researched my soon to be former home I came up with an
>> interesting tidibit of information. The median family income is around
>> $125,000 here while the median home price is around $1.5 million.
>>
>
>> How does a family which brings home around at most $8400 a month after
>> taxes pay a mortgage plus taxes plus insurance of approximately $8300?
>>
>
> Median is also not the same as mean, and says nothing of the shape of the
> distribution of home values/incomes.
>
> Five $100k homes and six $1.5M homes have the same median value as six
> $1.5M homes and five $5M homes.

Yeah, I know. But the question isn't about home prices anyway because
they're known and generally over $1.2 million for a house and $700,000 for a
condo. The question is really about the distribution of income, info that
isn't as readily available as home sale info.

Greg

[cc]

G.T. wrote:
> "Ride-A-Lot" > wrote in message
> ...
>> G.T. wrote:
>>> How does a family which brings home around at most $8400 a month after
>>> taxes pay a mortgage plus taxes plus insurance of approximately $8300?
>>>
>> Interest only loan.
>
> Even better, negative amortization loans. Love those creative financial
> vehicles out there, nothing like getting further and further behind every
> month.
>

scary ****.