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Old 02-16-2008, 12:32 PM   #21
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I'm not even gonna get into the subject of being 70 years old with a four-year-old daughter and a pregnant spouse.
You just did.
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Old 02-16-2008, 02:38 PM   #22
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And then there's the imperial geopolitical risk of itty bitty Singapore right next to China, but I'm sure that everyone's commodity property rights would be respected at least as much as the last time that sort of thing happened to that "country".
.
Singapore borders Malaysia and is more than 1000 miles from China although it is certainly within China's "sphere of influence."
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Old 02-16-2008, 03:48 PM   #23
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$2066.78/year property taxes
To give you an idea of the "drag" in these here woods:

Please, please, please can I pay 2066.78/year in property taxes on my 400k house? Heck, I'll happily pay twice that.
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Old 02-17-2008, 09:56 AM   #24
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You just did.
Phew, and here I was worrying about being too subtle for this crowd.

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To give you an idea of the "drag" in these here woods:
Please, please, please can I pay 2066.78/year in property taxes on my 400k house? Heck, I'll happily pay twice that.
Exactly. Rogers had to settle for Manhattan instead of being able to step up to New Jersey, but that carrying cost must be a huge drag on appreciation.

Not, of course, that he would treat his shelter as a commodity.
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Old 02-17-2008, 04:12 PM   #25
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Ruh-roh, REW, Rogers may be on to a hot trend and doing a head fake:
Dollar-Wise Strategies - WSJ.com

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Anything priced in dollars these days is on sale overseas. Manhattan condos and resort areas draw the most foreign interest, but don't rule anything out. "Europe is so crowded that people like ranches in Texas," says Manfred Chemek, chief executive officer of Manhelm International, a real-estate consultancy.
Imagine Texas being invaded by a bunch of people speaking a foreign language...
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Old 02-17-2008, 04:33 PM   #26
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Imagine Texas being invaded by a bunch of people speaking a foreign language...
Qué?
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