Home › Forums › Financial Markets/Economics › The Economy is a Lie, too
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waiting for bottom.
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September 23, 2009 at 4:12 AM #16390September 23, 2009 at 9:36 AM #460525
Rt.66
ParticipantHow can that be accurate, we have bidding wars for homes in SoCal? We have a whole new crowd of savvy RE investors outbidding each other preparing for the next big wave of RE appreciation.
Meanwhile…Japanese RE values reach bubble top @ Fall of 1989. 2009 still falling, but hope blooms eternal for RE bulls:
“It is the biggest decline in five years with average price falling 4.4% in the 12 months to the end of June and also marks the 18th consecutive annual decline, according to figures from the Ministry of Land, Infrastructure, Transport and Tourism.” http://www.nuwireinvestor.com/articles/japan-real-estate-nowhere-to-go-but-up-53718.aspx
18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%We’ll be fine right? Bid that REO up!!
September 23, 2009 at 9:36 AM #460718ParticipantHow can that be accurate, we have bidding wars for homes in SoCal? We have a whole new crowd of savvy RE investors outbidding each other preparing for the next big wave of RE appreciation.
Meanwhile…Japanese RE values reach bubble top @ Fall of 1989. 2009 still falling, but hope blooms eternal for RE bulls:
“It is the biggest decline in five years with average price falling 4.4% in the 12 months to the end of June and also marks the 18th consecutive annual decline, according to figures from the Ministry of Land, Infrastructure, Transport and Tourism.” http://www.nuwireinvestor.com/articles/japan-real-estate-nowhere-to-go-but-up-53718.aspx
18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%We’ll be fine right? Bid that REO up!!
September 23, 2009 at 9:36 AM #461059ParticipantHow can that be accurate, we have bidding wars for homes in SoCal? We have a whole new crowd of savvy RE investors outbidding each other preparing for the next big wave of RE appreciation.
Meanwhile…Japanese RE values reach bubble top @ Fall of 1989. 2009 still falling, but hope blooms eternal for RE bulls:
“It is the biggest decline in five years with average price falling 4.4% in the 12 months to the end of June and also marks the 18th consecutive annual decline, according to figures from the Ministry of Land, Infrastructure, Transport and Tourism.” http://www.nuwireinvestor.com/articles/japan-real-estate-nowhere-to-go-but-up-53718.aspx
18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%We’ll be fine right? Bid that REO up!!
September 23, 2009 at 9:36 AM #461130ParticipantHow can that be accurate, we have bidding wars for homes in SoCal? We have a whole new crowd of savvy RE investors outbidding each other preparing for the next big wave of RE appreciation.
Meanwhile…Japanese RE values reach bubble top @ Fall of 1989. 2009 still falling, but hope blooms eternal for RE bulls:
“It is the biggest decline in five years with average price falling 4.4% in the 12 months to the end of June and also marks the 18th consecutive annual decline, according to figures from the Ministry of Land, Infrastructure, Transport and Tourism.” http://www.nuwireinvestor.com/articles/japan-real-estate-nowhere-to-go-but-up-53718.aspx
18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%We’ll be fine right? Bid that REO up!!
September 23, 2009 at 9:36 AM #461334ParticipantHow can that be accurate, we have bidding wars for homes in SoCal? We have a whole new crowd of savvy RE investors outbidding each other preparing for the next big wave of RE appreciation.
Meanwhile…Japanese RE values reach bubble top @ Fall of 1989. 2009 still falling, but hope blooms eternal for RE bulls:
“It is the biggest decline in five years with average price falling 4.4% in the 12 months to the end of June and also marks the 18th consecutive annual decline, according to figures from the Ministry of Land, Infrastructure, Transport and Tourism.” http://www.nuwireinvestor.com/articles/japan-real-estate-nowhere-to-go-but-up-53718.aspx
18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%We’ll be fine right? Bid that REO up!!
September 23, 2009 at 10:06 AM #460555ParticipantHere’s that Japan thing again:
“I don’t think we seem to be recovering,” he continued. “There are more people unemployed all the time. … We’re doing everything wrong, we’re doing what we did in the Depression, we’re doing what the Japanese did in the 1990s, which is propping up bad investment”.
From the Ron Paul: Federal government ‘one giant toxic asset Thread
2007 plus 18 years = 2025
I’m gonna start making my offers based on declines through 2025.
September 23, 2009 at 10:06 AM #460748ParticipantHere’s that Japan thing again:
“I don’t think we seem to be recovering,” he continued. “There are more people unemployed all the time. … We’re doing everything wrong, we’re doing what we did in the Depression, we’re doing what the Japanese did in the 1990s, which is propping up bad investment”.
From the Ron Paul: Federal government ‘one giant toxic asset Thread
2007 plus 18 years = 2025
I’m gonna start making my offers based on declines through 2025.
September 23, 2009 at 10:06 AM #461089ParticipantHere’s that Japan thing again:
“I don’t think we seem to be recovering,” he continued. “There are more people unemployed all the time. … We’re doing everything wrong, we’re doing what we did in the Depression, we’re doing what the Japanese did in the 1990s, which is propping up bad investment”.
From the Ron Paul: Federal government ‘one giant toxic asset Thread
2007 plus 18 years = 2025
I’m gonna start making my offers based on declines through 2025.
September 23, 2009 at 10:06 AM #461160ParticipantHere’s that Japan thing again:
“I don’t think we seem to be recovering,” he continued. “There are more people unemployed all the time. … We’re doing everything wrong, we’re doing what we did in the Depression, we’re doing what the Japanese did in the 1990s, which is propping up bad investment”.
From the Ron Paul: Federal government ‘one giant toxic asset Thread
2007 plus 18 years = 2025
I’m gonna start making my offers based on declines through 2025.
September 23, 2009 at 10:06 AM #461364ParticipantHere’s that Japan thing again:
“I don’t think we seem to be recovering,” he continued. “There are more people unemployed all the time. … We’re doing everything wrong, we’re doing what we did in the Depression, we’re doing what the Japanese did in the 1990s, which is propping up bad investment”.
From the Ron Paul: Federal government ‘one giant toxic asset Thread
2007 plus 18 years = 2025
I’m gonna start making my offers based on declines through 2025.
September 23, 2009 at 10:07 AM #460560blahblahblah
Participant18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%Comparisons with Japan may not work out with the US. Japan has basically zero immigration, negative population growth, and a strong production-based economy. We have very liberal immigration, positive population growth, and a primarily service and government-based economy. I think the USSR of the 70s/80s and possibly the UK at the end of the 19th century might be better examples but even those don’t match up very well. We are in uncharted territory.
September 23, 2009 at 10:07 AM #460753Participant18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%Comparisons with Japan may not work out with the US. Japan has basically zero immigration, negative population growth, and a strong production-based economy. We have very liberal immigration, positive population growth, and a primarily service and government-based economy. I think the USSR of the 70s/80s and possibly the UK at the end of the 19th century might be better examples but even those don’t match up very well. We are in uncharted territory.
September 23, 2009 at 10:07 AM #461094Participant18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%Comparisons with Japan may not work out with the US. Japan has basically zero immigration, negative population growth, and a strong production-based economy. We have very liberal immigration, positive population growth, and a primarily service and government-based economy. I think the USSR of the 70s/80s and possibly the UK at the end of the 19th century might be better examples but even those don’t match up very well. We are in uncharted territory.
September 23, 2009 at 10:07 AM #461165Participant18 years of declines ouch!
Japan unemployment 5.7%
US unemployment 20%Comparisons with Japan may not work out with the US. Japan has basically zero immigration, negative population growth, and a strong production-based economy. We have very liberal immigration, positive population growth, and a primarily service and government-based economy. I think the USSR of the 70s/80s and possibly the UK at the end of the 19th century might be better examples but even those don’t match up very well. We are in uncharted territory.
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