This is my bass. There are many like it but this one is mine.

The difference between LA and San Francisco is that I could leave my house (situated near the southern border of SF) walk in a leisurely manner and be at the Golden Gate Bridge in 3 or 4 hours.

Good morning! I get a kick out of how President Trump can merely suggest a thing, off handedly, casually, and all of a sudden half the US population is running around lighting their hair on fire in sheer panic, and it doesn't matter the political inclination. That's influence.

The 50-year mortgage is actually brilliant if your IQ is over 120. Everyone else is screaming about debt slavery while the rest of us are running the numbers like, ‘Wow, I get to pay less per month AND the dollar collapses faster than I can?’ Congrats, you just turned your house into a leveraged short on the United States government. Millennials finally get a win, and it’s betting against America’s ability to do math.

I bought a new car in 2024. Sort of had to do it, but no regrets. I put down $20k and financed the remainder. It was an 8% loan over 84 months. By November of 2024 my loan was paid off, thereby saving me $20k in interest. My credit score went down, LOL.

The low fog encasing San Francisco yesterday was truly magical.

When you see accounts dumping on 50 year mortgages as if they were compulsory, check out the account. It's almost always a new account claiming to be MAGA with few followers. In other words, a troll bot.

At oyster point this morning. Not a hint of breeze the bay was like a piece of glass.

Does anyone remember mortgages with "balloon" payments? Started off small, then got way bigger. Maybe they're still around. I didn't get one. Many got burned by them. But some used them as a first step on the ladder and got a refi before the balloon burst.

Good morning! I've seldom seen so many negative sentiments about those about the 50 year mortgage. You'd think Trump made them compulsory. It's just another option. Most homeowners refi within a few years. My own first mortgage was much more onerous, higher interest, PMI...

being in SF was nice im gonna miss it

well that was a crazy San Francisco flyover on my way to Paris. iPhone 17 Pro snaps.

This beautiful photo was taken of California today from space. Easily one of the best places on the planet with unbeatable climate and natural beauty.

It has been a very pleasant day, 70 degrees, sunny with a little breeze. I got some hours in the garden with my shirt off. All kinds of birds coming by. Monarch butterflies. Yeah, California sux... 🤣

Just think!

I remember renting. Never knowing from one year to the next what my rent would be. Intrusions from the landlord at all hours. No pets. Renting blows.

Of course a 30 year mortgage is better than a 50 year mortgage, but a 50 year mortgage is better than renting.

When we bought our home, the interest rates were 12.5%, much much higher than now. We refinanced ASAP. And did it again and again. Just get in the door.

Give me a 100 year loan at 20%, as long as I can refi for more favorable terms in the future, what is the harm? I'm in the door.

Even when we had a 30 year mortgage (at 12.5%) I made extra payments to whittle that thing down.

Investment firms should not be permitted to snap up single family homes as investments. Imagine you are a first time buyer, maybe a family, you've got your down payment, a lender, you make your offer and then a corporate entity swoops in with an all cash offer that takes your would be first dream home away and then leaves it vacant or worse, rents it out to you. While legal, it is highly unethical and should be illegal.