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January 24, 2008 at 12:07 AM #142149January 24, 2008 at 12:08 AM #141827AnonymousGuest
asianautica, yeah, I understand your argument about fundamentals and I think you understand mine too.
In my area and A LOT of areas, with prices falling like they are, I’m not going to advocate for anybody to go out and buy a house TODAY unless they don’t care about losing money. My point is you buy today OR you buy 6 months from now and save 50K. What’s the problem? Yes, this is in my area, this is in a LOT of areas across the country. No, I don’t have a crystal ball but this appears to be the direction housing is heading in.
Yeah, I know about the dangers of dropping interest rates and I don’t think the Fed’s gonna raise them that quickly.
January 24, 2008 at 12:08 AM #142050AnonymousGuestasianautica, yeah, I understand your argument about fundamentals and I think you understand mine too.
In my area and A LOT of areas, with prices falling like they are, I’m not going to advocate for anybody to go out and buy a house TODAY unless they don’t care about losing money. My point is you buy today OR you buy 6 months from now and save 50K. What’s the problem? Yes, this is in my area, this is in a LOT of areas across the country. No, I don’t have a crystal ball but this appears to be the direction housing is heading in.
Yeah, I know about the dangers of dropping interest rates and I don’t think the Fed’s gonna raise them that quickly.
January 24, 2008 at 12:08 AM #142068AnonymousGuestasianautica, yeah, I understand your argument about fundamentals and I think you understand mine too.
In my area and A LOT of areas, with prices falling like they are, I’m not going to advocate for anybody to go out and buy a house TODAY unless they don’t care about losing money. My point is you buy today OR you buy 6 months from now and save 50K. What’s the problem? Yes, this is in my area, this is in a LOT of areas across the country. No, I don’t have a crystal ball but this appears to be the direction housing is heading in.
Yeah, I know about the dangers of dropping interest rates and I don’t think the Fed’s gonna raise them that quickly.
January 24, 2008 at 12:08 AM #142092AnonymousGuestasianautica, yeah, I understand your argument about fundamentals and I think you understand mine too.
In my area and A LOT of areas, with prices falling like they are, I’m not going to advocate for anybody to go out and buy a house TODAY unless they don’t care about losing money. My point is you buy today OR you buy 6 months from now and save 50K. What’s the problem? Yes, this is in my area, this is in a LOT of areas across the country. No, I don’t have a crystal ball but this appears to be the direction housing is heading in.
Yeah, I know about the dangers of dropping interest rates and I don’t think the Fed’s gonna raise them that quickly.
January 24, 2008 at 12:08 AM #142154AnonymousGuestasianautica, yeah, I understand your argument about fundamentals and I think you understand mine too.
In my area and A LOT of areas, with prices falling like they are, I’m not going to advocate for anybody to go out and buy a house TODAY unless they don’t care about losing money. My point is you buy today OR you buy 6 months from now and save 50K. What’s the problem? Yes, this is in my area, this is in a LOT of areas across the country. No, I don’t have a crystal ball but this appears to be the direction housing is heading in.
Yeah, I know about the dangers of dropping interest rates and I don’t think the Fed’s gonna raise them that quickly.
January 24, 2008 at 12:12 AM #141833drunkleParticipantasian:
well, at that point, “fundamental” sorta loses meaning, eh? with all the variables shifting, you can no longer peg “fundamental” as 200x + inflation…
that’s my primary point, that pegging to a date (you liked 2003 based on the charts, i like 2000 based on gut feeling… might just be indigestion…) doesn’t really work.
January 24, 2008 at 12:12 AM #142055drunkleParticipantasian:
well, at that point, “fundamental” sorta loses meaning, eh? with all the variables shifting, you can no longer peg “fundamental” as 200x + inflation…
that’s my primary point, that pegging to a date (you liked 2003 based on the charts, i like 2000 based on gut feeling… might just be indigestion…) doesn’t really work.
January 24, 2008 at 12:12 AM #142072drunkleParticipantasian:
well, at that point, “fundamental” sorta loses meaning, eh? with all the variables shifting, you can no longer peg “fundamental” as 200x + inflation…
that’s my primary point, that pegging to a date (you liked 2003 based on the charts, i like 2000 based on gut feeling… might just be indigestion…) doesn’t really work.
January 24, 2008 at 12:12 AM #142096drunkleParticipantasian:
well, at that point, “fundamental” sorta loses meaning, eh? with all the variables shifting, you can no longer peg “fundamental” as 200x + inflation…
that’s my primary point, that pegging to a date (you liked 2003 based on the charts, i like 2000 based on gut feeling… might just be indigestion…) doesn’t really work.
January 24, 2008 at 12:12 AM #142159drunkleParticipantasian:
well, at that point, “fundamental” sorta loses meaning, eh? with all the variables shifting, you can no longer peg “fundamental” as 200x + inflation…
that’s my primary point, that pegging to a date (you liked 2003 based on the charts, i like 2000 based on gut feeling… might just be indigestion…) doesn’t really work.
January 24, 2008 at 12:13 AM #141838AnonymousGuestSubmitted by asianautica on January 24, 2008 – 1:05am.
ou can buy a house at fundamental and still double/triple up to afford a place to live, if it’s cheaper to buy than rent. THAT, is fundamental.
We’re arguing two different things, asianautica.
January 24, 2008 at 12:13 AM #142062AnonymousGuestSubmitted by asianautica on January 24, 2008 – 1:05am.
ou can buy a house at fundamental and still double/triple up to afford a place to live, if it’s cheaper to buy than rent. THAT, is fundamental.
We’re arguing two different things, asianautica.
January 24, 2008 at 12:13 AM #142078AnonymousGuestSubmitted by asianautica on January 24, 2008 – 1:05am.
ou can buy a house at fundamental and still double/triple up to afford a place to live, if it’s cheaper to buy than rent. THAT, is fundamental.
We’re arguing two different things, asianautica.
January 24, 2008 at 12:13 AM #142101AnonymousGuestSubmitted by asianautica on January 24, 2008 – 1:05am.
ou can buy a house at fundamental and still double/triple up to afford a place to live, if it’s cheaper to buy than rent. THAT, is fundamental.
We’re arguing two different things, asianautica.
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