Let’s take a quite extreme example of this. If you were to buy a house on the very day that a crash happens where you just paid the absolute maximum possible price for the property and within hours the bubble is burst and the price of your property is halved. Most people would consider this to be an absolute disaster and in a sense they would be correct but let’s take this scenario and look at it from another side to get from point of view.

With spring training underway and opening day just around the corner, DirecTV is launching a new marketing campaign this week aimed at reminding New York Yankees fans at Cablevision addresses that DBS is still their only option for the Yankees Entertainment & Sports Network.

At the start of its second baseball season in business, YES has yet to make its way onto Cablevision’s systems, cutting the network off from roughly half of its New York audience. Neither is willing to budge from its initial position - YES, that it should be on expanded basic at a cost of about $2 per subscriber, or Cablevision, that YES should be a premium channel - for there to be any real hope that the situation will change in time for this season.

But analysts wonder how much DirecTV has to gain from an expensive campaign this time around, given that most of the fans willing to switch probably did so last year.

Okay, so you just paid far too much but still one simple truth remains. If you bought your house in such a way that you will be able to keep up the repayments even if you’re dealing in a scenario of negative equity then you will be able to keep the house. So, if you can continue to make the repayments even though you bought in the worst possible market conditions over the longer-term you would still be proved right. What we have outlined here is an extreme scenario but at the same time some people have been unlucky enough to find themselves in this type of situation. The whole secret of any property investment is to always keep the figures in line, not overextend yourself and then you will be able to stay in the market no matter what happens in the short-term even if you bought a house in this worst possible case scenario. Once you are stable enough to keep the house then 25 or 30 years later you will still be far ahead of the game.

THE NEXT QUESTION:

EchoStar and DirecTV carry the network. For its part, Cablevision lost 45,000 subscribers in 2002. About 30,000 subscribers defected to satellite because of its refusal to carry YES, the company said.

posted by Administrator at 5:16 pm & filed under Dish Network |