“A picture is worth 1000 words -- but only those to describe the picture. Hardly any sets of 1000 words can be adequately described with pictures.”
-- Alan Perlis --
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-- Alan Perlis --
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I've been selling off stock over the past four months in a miserable market to pay for the new house.
Yesterday on the financial news, I heard that the market has been in an upward swing for the past four weeks, with healthy and steady gains over the past two weeks.
Of course. I sold the last batch of stock about 10 days ago.
Wouldn't you know. Exactly as I predicted. You're welcome. Any improvement in the economy can be directly attributed to me.
On the other hand, the housing market is still falling. The new house is worth less now than when I signed the contract. By the time we go to closing, the value will be at least $40,000 less than what I have contracted to pay. (I didn't realize it would take this long to finish the darn thing, or I'd have had a renegotiation or delay penalty built into the contract.) The county will use the inflated sales price as the appraisal value for taxes.
We can expect that the housing market won't start back up again until the county decides to reappraise houses.
I am omnipotent. I negatively control everything!
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3 comments:
Sucks! Totally sucks.
i totally dis agree with this post. please try to work on this.
The comment from Jhon came from a reader in India who arrived here on a search for nonprofit insurance. Perhaps he doesn't understand sarcasm.
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