Lancer Evolution IX, SE, 9.5 Editions: Photos, News, Reviews, etc...[MERGED]
Jun 3, 2005, 05:43 AM
#1820
Evolving Member
Join Date: Sep 2002
Location: Orlando FL
Posts: 142
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by mr96gsx408
Standard luxury items make the sti so much better of a deal.
Eeew luxury?
Personally, I'd rather pay for engineering and performance than luxury.
Jun 3, 2005, 06:01 AM
#1822
Evolving Member
Join Date: Mar 2003
Location: California
Posts: 452
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Haste
Eeew luxury?
Personally, I'd rather pay for engineering and performance than luxury.
Personally, I'd rather pay for engineering and performance than luxury.
until you experience daily driving a evo to work w/o AC in 110 degree weather or driving at night with dim halogen headlights (where I live, there are no street lights) then you won't appreciate these luxuries.I have been to the darkside, and I won't return.
Jun 3, 2005, 08:47 AM
#1825
Newbie
Join Date: Apr 2005
Location: Austin
Posts: 19
Likes: 0
Received 0 Likes
on
0 Posts
This time will be different........we will have lowering house prices (due to several reasons.....mainly a lack of liquidity as we move forward with rising interest rates) and the stock market will be selling off as corporate earnings decay into a rising inflation environment (mainly the inflation will be from commodity price increases....mainly energy/oil). When dollars (liquidity) dissappear from the mortgage leanders as interest rates rise then the refi craze that has caused a big part of this housing bubble (tons of liquidity) will have less buyers per units of available houses on the market......then we have price drops. When all these house purchasing "speculators/investors" start to diminish in the housing market then there is no way to hold the current housing prices. We also have TONS of substandard credit buyers due to excess liquidity (enough money to loan out even to the worst of credit) that will soon be turned away from the housing market as leanders have to become more "picky with the fewer dollars they have to loan out.......all this contributes to lower housing prices.
The additional acceleration in the housing price drops in several regions will be the eventual loss of higher paying jobs as the economy starts to move into a slowdown and eventual recession. When the people who are sitting in their $500,000 dollar plus home and they lose their job....they do one thing fast "bail on their home", because they have such terrible debt-to-income ratios and at the same time these are the same people who are lossing money in their funds in the stock market.
We definately have a HUGE housing bubble and I can promise you some regions will get hammered.......it is just a matter of time.......Oil prices IMO will ultimately be one of the catalysts that pop several bubbles in our present economy.
I have a relative that I have FINALLY convinced to sell their home in LA which has had 95% price appreciation in only 30 months..........you have to book profits like this or a person is crazy. Their house sold in the first weekend it was on the market in a bidding war....they pulled an additional $20,000 over their asking price.....that was a home run hit IMO!
I have a second home in Vegas that I have owned since 1997 that I am in the process of taking some offers on.....I just cant let all the appreciation in this house go without cashing out. When I sell this house I will then go out and find something else in the next 6 months to a year from a "distressed seller" as the market is pulling back. In the meantime I will stay at the Mandalay Bay when I go to Vegas and have some fun at their nice sand beach....LOL!
The additional acceleration in the housing price drops in several regions will be the eventual loss of higher paying jobs as the economy starts to move into a slowdown and eventual recession. When the people who are sitting in their $500,000 dollar plus home and they lose their job....they do one thing fast "bail on their home", because they have such terrible debt-to-income ratios and at the same time these are the same people who are lossing money in their funds in the stock market.
We definately have a HUGE housing bubble and I can promise you some regions will get hammered.......it is just a matter of time.......Oil prices IMO will ultimately be one of the catalysts that pop several bubbles in our present economy.
I have a relative that I have FINALLY convinced to sell their home in LA which has had 95% price appreciation in only 30 months..........you have to book profits like this or a person is crazy. Their house sold in the first weekend it was on the market in a bidding war....they pulled an additional $20,000 over their asking price.....that was a home run hit IMO!
I have a second home in Vegas that I have owned since 1997 that I am in the process of taking some offers on.....I just cant let all the appreciation in this house go without cashing out. When I sell this house I will then go out and find something else in the next 6 months to a year from a "distressed seller" as the market is pulling back. In the meantime I will stay at the Mandalay Bay when I go to Vegas and have some fun at their nice sand beach....LOL!
Jun 3, 2005, 10:12 AM
#1827
Evolved Member
Join Date: Sep 2002
Location: Miami, FL
Posts: 1,061
Likes: 0
Received 0 Likes
on
0 Posts
One difference is those high thigh bolsters on the seat - haven't seen such aggressive support on US model seats. I don't think we gonna get those. 
Last edited by Turbo-Ron; Jun 3, 2005 at 10:40 AM.
Jun 3, 2005, 10:30 AM
#1829
Evolved Member
Join Date: Sep 2002
Location: Miami, FL
Posts: 1,061
Likes: 0
Received 0 Likes
on
0 Posts
Sounds like a plan. 
I'm paranoid that I'll get hung on a preconstruction that I'm waiting on.
Time will tell - I'm already committed.
Another "problem" is capital gains tax. How long do we have to roll over a primary residence without paying tax on gains?!
Plus - I'm not sure I understand the link between oil prices and the housing market though.
I'm paranoid that I'll get hung on a preconstruction that I'm waiting on.
Time will tell - I'm already committed.Another "problem" is capital gains tax. How long do we have to roll over a primary residence without paying tax on gains?!
Plus - I'm not sure I understand the link between oil prices and the housing market though.
Jun 3, 2005, 10:31 AM
#1830
Originally Posted by Turbo-Ron
One difference is those high thigh bolsters on the seat - haven't seen such aggressive support on US model seats. I don't think we gonna get those.