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  • June 8, 2011 at 5:58 PM #18853
    scaredyclassic
    Participant

    I was reading the Daily Reckoning and they noted that percentage wise, it’s cheaper middle class houses that have gone down the most, the houses of the wealthy less so in terms of percentages.

    The rich do seem to be getting richer.

    Could there be an actual disconnect, where more expensive housing actually is stable or goes up, and housing more for the middle class or poor goes down?

    June 8, 2011 at 6:49 PM #701811
    sdrealtor
    Participant

    Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.

    June 8, 2011 at 6:49 PM #701910
    sdrealtor
    Participant

    Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.

    June 8, 2011 at 6:49 PM #702501
    sdrealtor
    Participant

    Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.

    June 8, 2011 at 6:49 PM #702651
    sdrealtor
    Participant

    Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.

    June 8, 2011 at 6:49 PM #703011
    sdrealtor
    Participant

    Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.

    June 8, 2011 at 7:13 PM #701821
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #701920
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #702511
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #702661
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #703021
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #701826
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #701925
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #702516
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

    June 8, 2011 at 7:13 PM #702666
    jstoesz
    Participant

    [quote=sdrealtor]Its a math trick and nothing more. On the lower end many properties tripled in value over 10 years while higher end homes went up closer to 50%. Now it is just happening in reverse.[/quote]

    I agree, look no further than the rich’s charts showing the run up in the bubble.

    Although the rich and connected do seem to be doing disproportionately well.

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