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January 24, 2008 at 12:13 AM #142164January 24, 2008 at 12:15 AM #141841anParticipant
marion, if price keep on dropping without interest rate rising, then NO, you’re not at fundamental. WHEN you’re at FUNDAMENTAL, you will find plenty of support because people will see that it’s cheaper to buy than to rent. People will then be buying instead of renting. Which mean price won’t fall anymore without interest rate rising.
I don’t have a crystal ball either, but if inflation run wild, I’m pretty sure the FED will have no choice but to raise rates.
January 24, 2008 at 12:15 AM #142067anParticipantmarion, if price keep on dropping without interest rate rising, then NO, you’re not at fundamental. WHEN you’re at FUNDAMENTAL, you will find plenty of support because people will see that it’s cheaper to buy than to rent. People will then be buying instead of renting. Which mean price won’t fall anymore without interest rate rising.
I don’t have a crystal ball either, but if inflation run wild, I’m pretty sure the FED will have no choice but to raise rates.
January 24, 2008 at 12:15 AM #142083anParticipantmarion, if price keep on dropping without interest rate rising, then NO, you’re not at fundamental. WHEN you’re at FUNDAMENTAL, you will find plenty of support because people will see that it’s cheaper to buy than to rent. People will then be buying instead of renting. Which mean price won’t fall anymore without interest rate rising.
I don’t have a crystal ball either, but if inflation run wild, I’m pretty sure the FED will have no choice but to raise rates.
January 24, 2008 at 12:15 AM #142106anParticipantmarion, if price keep on dropping without interest rate rising, then NO, you’re not at fundamental. WHEN you’re at FUNDAMENTAL, you will find plenty of support because people will see that it’s cheaper to buy than to rent. People will then be buying instead of renting. Which mean price won’t fall anymore without interest rate rising.
I don’t have a crystal ball either, but if inflation run wild, I’m pretty sure the FED will have no choice but to raise rates.
January 24, 2008 at 12:15 AM #142169anParticipantmarion, if price keep on dropping without interest rate rising, then NO, you’re not at fundamental. WHEN you’re at FUNDAMENTAL, you will find plenty of support because people will see that it’s cheaper to buy than to rent. People will then be buying instead of renting. Which mean price won’t fall anymore without interest rate rising.
I don’t have a crystal ball either, but if inflation run wild, I’m pretty sure the FED will have no choice but to raise rates.
January 24, 2008 at 12:18 AM #141848drunkleParticipantesmith:
i did not make the case that housing would decline indefinately. you made that straw man.
January 24, 2008 at 12:18 AM #142071drunkleParticipantesmith:
i did not make the case that housing would decline indefinately. you made that straw man.
January 24, 2008 at 12:18 AM #142087drunkleParticipantesmith:
i did not make the case that housing would decline indefinately. you made that straw man.
January 24, 2008 at 12:18 AM #142111drunkleParticipantesmith:
i did not make the case that housing would decline indefinately. you made that straw man.
January 24, 2008 at 12:18 AM #142174drunkleParticipantesmith:
i did not make the case that housing would decline indefinately. you made that straw man.
January 24, 2008 at 12:19 AM #141853anParticipantdrunkle, to me, fundamental is rent. I could be wrong, but when it’s cheaper to buy than rent, most people on the side line and first time home buyer will jump in. I don’t see how fundamental can lose meaning. Fundamental is a moving target but it’s always there. That’s the whole premise of this site.
January 24, 2008 at 12:19 AM #142076anParticipantdrunkle, to me, fundamental is rent. I could be wrong, but when it’s cheaper to buy than rent, most people on the side line and first time home buyer will jump in. I don’t see how fundamental can lose meaning. Fundamental is a moving target but it’s always there. That’s the whole premise of this site.
January 24, 2008 at 12:19 AM #142091anParticipantdrunkle, to me, fundamental is rent. I could be wrong, but when it’s cheaper to buy than rent, most people on the side line and first time home buyer will jump in. I don’t see how fundamental can lose meaning. Fundamental is a moving target but it’s always there. That’s the whole premise of this site.
January 24, 2008 at 12:19 AM #142116anParticipantdrunkle, to me, fundamental is rent. I could be wrong, but when it’s cheaper to buy than rent, most people on the side line and first time home buyer will jump in. I don’t see how fundamental can lose meaning. Fundamental is a moving target but it’s always there. That’s the whole premise of this site.
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