Why does Vegas have a high rate of foreclosures??
Primarily as a result of all the investors who went into Las Vegas during the boom, purchasing homes in hopes of reaping large profits, only to be caught on the tail end of the boom and now having an asset that is worth less than what they purchased it for.
Homeowners/investors who bought their homes with an adjustable rate mortgage have seen their payments increase 50 percent in some cases and others have seen their payments more than double. Now they can not afford these payments.
They were sure they could flip the property, before the loans would hit those high interest rates.
During the boom there was less supply and more demand.
During the boom one listing could have 10 offers,(now their lucky to even get one offer),each offer was higher then the next.
Homes were being sold over market value. Builders started to build thinking they will cash in …………..but then there was more supply,less demand.
Or actually there is still demand,people just can’t afford what they want.
Now I don’t have a degree in economics,but my common sense knew there is no way this boom was going to last forever.
And I warned people.But hey adults have to take responsibility for their own actions.
As he stumbles along the road, pockets empty, stomach growling, throat parched, the LV hobbyist turns towards the sound of a passing car, raising his elbow to block off the glaring sun long enough to slowly raise his banner: a dusty sign that reads "Will Work for Puzzy".
The guy in the car speeds up, thinking to himself "Yeah right, you got a lot of work to do for that!"
But in truth, the LV Hobbyist is only looking for enough work to get him to the tables. Just a few quarters for the slots, or a 5 dollar bill for the blackjack table. It used to be that guys gambled in the hopes of making a wad of cash to take home - now they are gambling to raise the stakes to get laid.
LOL Seriously, after reading a few reviews recently where the guys were hoping to get enough from slots to call a girl, I'm thinking to myself "Whaaaat?" Dudes, if you don't have the disposable income you shouldn't be hobbying!!
All of which begs this question; do you girls have any concern whether or not you are taking a guy's last dime, or whether or not after he sees you if he has a place to stay or a flight home?
In my opinion, the mark of a good salesman is to make a big sale and a big commision, but the mark of a great salesman is to make a sale that fits into the financial possibilities of the client and allows him to keep coming back for more. In other words, don't suck your client dry (finanacially, lol) on the first date. So in that spirit I ask this question: have any of you girls ever turned a guy down or taken a shorter appointment because you knew the guy couldn't afford you?
First off we are in the business of SERVICE ,not sales.
I bet my hair stylist/personal trainer/manicurist/or any other who service me think …………..hmmmmmmmm I wonder if she can afford this? Does she have a place to live ? Is she taking food off the table ?
So how do I know if a guy can afford me or not ?
oh yeah as part of my screening process you must show me your tax returns from the past 5 years !! 
I guess there are not many GREAT sales people out there ,because when I bought my , T.V./computer/stereo/furniture/clothes/shoes/make-up/other
They didn’t really seem concerned if I could afford it or not…………………and they don’t have too. I am a grown responsible person.
Others don’t have to take responsibility on my finances.
but I'm still the only one expected to be accountable for paying my bills. I would never expect a lady to worry if I can afford to see her, although a few have been nice enough to.
Have to agree w/Cindy. We all choose how, when, where, and who to spend our dollar with, whether it's the last one or not. As long as it's a choice, the other party shouldn't be concerned at all about it...gw
Sounds alot like he's met up with a Vegas agency girl, doesn't it?
I'd put a lol at the end, but it's not really all that funny. I have to wonder just how much business Vegas loses because these guys get ripped off and never come back.
that we run our businesses like the governement and base our fees upon a person's ability to pay? Are we supposed to ask for proof of income and number of people being supported on that income?
The problem with your scenario is that those services that price themselves that way are NECESSARY, i.e. immunizations and certain healthcare sercices. Seeing a provider, while more important to some than others, is still a luxury. Why should it be my responsibility to make sure that someone can afford me? Each is responsible for his own finances and how he chooses to spend his money. My only responsibility is to make sure each of my clients has a great time in the time he has alotted to spend with me.
As Cindy so aptly put it, it's not sales...it's service.
You are a necessity to me. Withdraw is so difficult.
with a provider wasn't necessary...spending time with me...well, that's another story....LOL. I miss you too, darlin....Hot Lips cries everyday (I think that's her excuse for getting moist when she thinks about you...)! She sure does miss you and your EXTREMELY talented tongue!
Are any gaming establishments/corporations being asked these same questions?
Are any loan officers, banks, creditors being asked the same question?
Where is corporate responsibility?
Did you now that Vegas is at the top of the national list in the number of foreclosures? Those misfortunate people didn't get into that position because of spending their money on girls, but because the financial institutions of this great nation had taken them by the balls. If I'm to be taken by the balls, I'd rather have a hottie than a bank do it to me.
Max, like most of your posts, this one is bullshit. How is it the responsibility of anyone but the spender? If a bank loans you money based upon a formula that says you should have enough left to live a normal life, and you blow a bunch on other stuff, is that really their fault? Doesn't personal responsibility come into play at all? If I want the 8,000 sq ft house, and a ferrari, but I make 50k a year, should I blame my employer for not paying me enough to cover my bills?
Las Vegas is at the top end of foreclosures for one reason...a high number of people living here aren't financially savvy. Those other things, like gaming, loose lending policies, housing boom/bust cycles, giant gas guzzling SUVs and beautiful women are just objects of opportunity.
Little philanderer, who are you to call my posts bullshit without getting your head out of your ass and looking at the facts? BS are your theories about reasons Vegas is leading in foreclosures. How about other cities where your theories don't apply?
Those "bank formulas" you refer to have changed so dramatically over the last few decades, you obviously don't even know about it. They are created not in your favor, but banks' favor. You, obviously have no clue how the banking and credit system/scam works. Born ignorant, die in debt. According to the national statistics and the level of personal debt, you're one out of many millions of suckers.
Do yourself a favor, educate yourself first before calling names here. Go take a look at some helpful docs such as "Maxed Out", or "In Debt We Trust". Easy to understand. Then we could talk. I could recommend some serious books, too, but that could be too much for your level to digest.
Talk about the pot calling the kettle stupid. Since I know nothing about banks, could you explain how I ended up with 2 parents that ran financial institutions, or managed a credit score in the low 800's? Or maybe why I have 3 friends that are bankers? You see, when you tell someone to get there facts straight, it helps if you pull your head out of you ass first, otherwise it tends to muffle the message.
As to your comments about lending changes, I understand them quite well, thank you. I'll ask the question again...is it the bank's fault that the borrower doesn't understand that their mortgage payment will go up by an unidentified amount at some future time? If I'm not held to be responsible for my financial well-being, why the fuck should someone else be responsible for me? Rumor has it that I'm an adult, after all.
I don't expect an intelligent response, but feel free to try if you're up to it.
Having parents or friends in the financial business (which is still a scam no matter what they taught you about it - and the direct answer to your question is, they thrive on ignorance in a nation with the worst educational system in the western world) is like me saying I know everything about law because I have five friends that are lawyers. Oh, and I happen to know Agassi, so I can teach you some tennis. Ultimate BS logic. Do yourself a favor and look at the stuff I mentioned. Preaching personal responsibility to the nation that is in debt deeper than the deepest shit hole you can imagine is pathetic and laughable. Makes you sound like a politician (this is supposed to be worse than any four letter word you can throw at me).
Any successful person thrives on the ignorance of others. So, what's your point? That doesn't remove the responsibility of the ignorant to make smart life choices.
If we shouldn't preach personal responsibility to our future generations, should we instead build them crappy schools on nuclear waste, because they're doomed anyway? Fuck it then, I'm gonna go buy that Porsche before I realize that it would hurt my ability to hobby.
Double talk this all you want, but at the end of the day, we are each responsible for our own spot in life, unless you plan to overthrow the government with some socialist regime. If that's the case, can you make me Minister of Tennis? After all, you know Agassi and I've bantered with you...
1. To make smart choices, you need some level of critical thinking. Schools don't teach you that on purpose and majority of parents don't have such skills. That is why there are very few successful people relative to the total population. Some got there honestly, some not so honestly. Brain is a terrible thing to waste but majority don't realize that. Free thinkers are a threat to any society, always had been. Crappy education had been around for a while. Someone has interest in keeping people ignorant. Easier to sell them crap and have them believe whatever you tell them. Listen to major media outlets or look at the National Debt Clock. Negligible percentage of that is due to hobbying.
2. No, I don't intend to overthrow the government with some socialist regime. God forbid. Hillary will do that for you.
3. Minister of Tennis? Sorry, that one is mine. You can be Minister of Penis, but I'm not sure we need one. Everyone's got one up their butt already - with a dollar sign on it.
Why does Vegas have a high rate of foreclosures??
Primarily as a result of all the investors who went into Las Vegas during the boom, purchasing homes in hopes of reaping large profits, only to be caught on the tail end of the boom and now having an asset that is worth less than what they purchased it for.
Homeowners/investors who bought their homes with an adjustable rate mortgage have seen their payments increase 50 percent in some cases and others have seen their payments more than double. Now they can not afford these payments.
They were sure they could flip the property, before the loans would hit those high interest rates.
During the boom there was less supply and more demand.
During the boom one listing could have 10 offers,(now their lucky to even get one offer),each offer was higher then the next.
Homes were being sold over market value. Builders started to build thinking they will cash in …………..but then there was more supply,less demand.
Or actually there is still demand,people just can’t afford what they want.
Now I don’t have a degree in economics,but my common sense knew there is no way this boom was going to last forever.
And I warned people.But hey adults have to take responsibility for their own actions.
There's a fairly authoritative service, RealtyTrac, that gets quotes in a lot of mainstream publications about foreclosure activity.
According to them, Nevada has the highest foreclosure per household rate but doesn't have the highest number of foreclosures (California beats us every time).
Las Vegas has some of the highest foreclosure per household rates in the country (out of the 100 largest metro areas; fairly consistent in the top 10) but usually gets beat to #1 to some places in California. I don't think Las Vegas comes close to having the largest number of foreclosures for a metro area.
Bob
She didn't say that LV was #1. Admittetly, you may not have the "most" foreclosures, but if your rate is high, then as population increases so does the amount. I'm sure that Calif has more foreclosures. LA County has 15-20 million people. I wouldn't think that LV have near the number of foreclosures as the LA County area. However, what would concern me is the per household rate. Thats the barometer. Number of foreclosures doesn't really mean anything.
I can't see where she had any of her "facts" wrong.
Bond
That's because Bob wasn't commenting on Cindy's post. If you follow the indentation, you'll see he was referring to mad max.
Bob, my apologies. Didn't see Maxx's post. Sorry about that.
Bond
you got bond. lmfao j/k 
Oh Yeah, I'm the white knight. Like Dr. Cindy needs protecting. Wish I had that guys muscles though.
Bond
Off and on, I've been involved in this "hobby" (god, I really hate the term) for about ten years now.
Off and on because, quite frankly, I don't have enough frequently disposable income to participate as often as I would like.
But I know this. And I do what I do for other things that I really desire but simply cannot afford:
I save up for it.
Does it mean that I don't get instant gratification? Yes.
Does it mean that there are visiting ladies that I don't get to see because I don't have enough scratch? Yes.
Do I have to just suck it up and deal with it? Yes.
But I think it also forces me to appreciate those times that I do get to partake in this activity.
My financial responsibility is MY responsibility. I have enough common sense to realize that if the choice comes down to making my car payment or visiting a beautiful woman, I need to make the car payment first.
If you cannot financially afford to do something, then don't. Plain and simple. Don't ask for a break, or a discount. Just don't do it until you can afford it.
Companionship and/or sex are not truly necessary for survival. They make life more enjoyable, but that is not the same thing.
in this thread. I have to say that delusions of intellectual grandeur for one's self (that means you Max-tastic (not to be confused with "fantastic") are once again always good for a laugh. Your love/hate relationship with the hobby and providers is fascinating. I heard there's medication for that in a suppository form. Just a thought. However, I still think (as I've stated before) that you should just eat shit.
-- Modified on 7/29/2007 10:09:42 AM
Is there a connection between the suppository medication and the shit eating, or is the orifice the only common point? My expertise is in finance, not medicine, so I'm trying to expand my horizons.
No connection. He should administer the psychotropic meds. as directed (suppository). And in general everytime he posts I,this is just one person's opinion, think he should eat shit (as in the figure of speech). Or, if it were a perfect world, he would literally eat shit and we could watch. Hey, where's LaRue? I'm being bad and need a full dose of act right spanking medication. I'm going to go fill out her appt. request form. I'm tired of begging.
-- Modified on 7/29/2007 10:45:53 AM
Some of you just can't resist putting me in your mouth (wishful thinking). You (pmashley) did not have any reason to show your class with this Trailer College style rant, but since you did, it should be a reminder for you to get your rabies shot...