logic: Illogical logic and the blogger!
- 01/17/14 11:56 PM
I answered my office phone the other day and the recorded message began with something like: “In the time it takes for this phone call, seven houses in the United States will be burglarized.” So I did what every right thinking concerned citizen would do” I put the call on hold. Because if the premise was true, and if the call took up more time, apparently fewer homes in the United States would be broken into during my call! The flaw in this logic lies with the premise and not with the conclusion. Enough said about that. Lately I have read (8 comments)
logic: When enthusiasm overcomes logic, disappointment ensues.
- 08/01/11 01:08 AM
This happens more often than you think. I get a call from a prospective “buyer” about a deal that they found on the Internet that appears too good to be true. When they start speaking, they can barely contain their excitement. “Can I really buy a house like that for $900 or $1200 or $1500?” Of course most of these houses are in great neighborhoods and the photos show them to be in excellent condition. There is only one problem: The “price” that is listed is NOT the sales price, but the amount of monthly rent. It seems that a lot (18 comments)
I was thinking this morning about the fact that on some occasions, clients have paid more for their cars and trucks than they did for their house. And in many cases, their car payments are significantly higher than their monthly mortgage expense. And I wonder about the thought processes that make these vehicle transactions palatable while at the same time there is so much agony over the purchase of a house. After all, you have to live somewhere anyway, it’s not about whether you need a house or not. And there is no more significant “declining market" than the purchase (20 comments)