A perfect storm brewing 2010-2012?

[Arraya]

[quote=sdduuuude]

2011, though, seems to me to be about the time for the next string of badness. Maybe post-Summer of this year. My crystal ball isn’t clear on that.
.[/quote]

I agree with this. Though, the monkey wrench in the whole plan is job growth. Unless that manifests the manipulation is all for naught. Its all predicated on huge job growth. Looking in my binoculars, I don’t see any. Debt driven growth is over for the foreseeable future. That 800 billion per year in MEW is not on the horizon. Eventually demand will dry up and all they will be left with is more supply constriction to keep prices up. I’m still waiting for the government jobs for home purchase program.

[sdduuuude]

[quote=Arraya]I’m still waiting for the government jobs for home purchase program.[/quote]

How does that work ? If you buy a forclosed house, the gov gives you a job ?

[sdduuuude]

[quote=Arraya]I’m still waiting for the government jobs for home purchase program.[/quote]

How does that work ? If you buy a forclosed house, the gov gives you a job ?

[sdduuuude]

[quote=Arraya]I’m still waiting for the government jobs for home purchase program.[/quote]

How does that work ? If you buy a forclosed house, the gov gives you a job ?

[sdduuuude]

[quote=Arraya]I’m still waiting for the government jobs for home purchase program.[/quote]

How does that work ? If you buy a forclosed house, the gov gives you a job ?

[sdduuuude]

[quote=Arraya]I’m still waiting for the government jobs for home purchase program.[/quote]

How does that work ? If you buy a forclosed house, the gov gives you a job ?

[scaredyclassic]

that would clean things up quickly

[scaredyclassic]

that would clean things up quickly

[scaredyclassic]

that would clean things up quickly

[scaredyclassic]

that would clean things up quickly

[scaredyclassic]

that would clean things up quickly

[socrattt]

[quote=briansd1][quote=pencilneck] Of course, everything is subject to change at the governments whim.
[/quote]

We have conservatives here who like to argue the government f—- everything it touches.

But when it comes to propping up housing prices? Surprise!! Government action works!!![/quote]

I haven’t had a chance to post on here for a while, but every time I pop into an interesting post I see an odd reply from Brian.

Brian you say “Government action works”, how is that possible? We are now in another real estate bubble with houses having multiple offers while shadow inventory levels grow to the highest point in history.

If you are speaking for the banks, then you make somewhat of a valid point in the short term. From a long term perspective I think the banks and the government are making a terrible mistake. Citizens are angrier than they’ve ever been watching banks like BofA borrow tax payer dollars and purchase their stock back at bargain prices (I don’t really call them bargain prices, as the equity markets are just as manipulated).

[socrattt]

[quote=briansd1][quote=pencilneck] Of course, everything is subject to change at the governments whim.
[/quote]

We have conservatives here who like to argue the government f—- everything it touches.

But when it comes to propping up housing prices? Surprise!! Government action works!!![/quote]

I haven’t had a chance to post on here for a while, but every time I pop into an interesting post I see an odd reply from Brian.

Brian you say “Government action works”, how is that possible? We are now in another real estate bubble with houses having multiple offers while shadow inventory levels grow to the highest point in history.

If you are speaking for the banks, then you make somewhat of a valid point in the short term. From a long term perspective I think the banks and the government are making a terrible mistake. Citizens are angrier than they’ve ever been watching banks like BofA borrow tax payer dollars and purchase their stock back at bargain prices (I don’t really call them bargain prices, as the equity markets are just as manipulated).

[socrattt]

[quote=briansd1][quote=pencilneck] Of course, everything is subject to change at the governments whim.
[/quote]

We have conservatives here who like to argue the government f—- everything it touches.

But when it comes to propping up housing prices? Surprise!! Government action works!!![/quote]

I haven’t had a chance to post on here for a while, but every time I pop into an interesting post I see an odd reply from Brian.

Brian you say “Government action works”, how is that possible? We are now in another real estate bubble with houses having multiple offers while shadow inventory levels grow to the highest point in history.

If you are speaking for the banks, then you make somewhat of a valid point in the short term. From a long term perspective I think the banks and the government are making a terrible mistake. Citizens are angrier than they’ve ever been watching banks like BofA borrow tax payer dollars and purchase their stock back at bargain prices (I don’t really call them bargain prices, as the equity markets are just as manipulated).

[socrattt]

[quote=briansd1][quote=pencilneck] Of course, everything is subject to change at the governments whim.
[/quote]

We have conservatives here who like to argue the government f—- everything it touches.

But when it comes to propping up housing prices? Surprise!! Government action works!!![/quote]

I haven’t had a chance to post on here for a while, but every time I pop into an interesting post I see an odd reply from Brian.

Brian you say “Government action works”, how is that possible? We are now in another real estate bubble with houses having multiple offers while shadow inventory levels grow to the highest point in history.

If you are speaking for the banks, then you make somewhat of a valid point in the short term. From a long term perspective I think the banks and the government are making a terrible mistake. Citizens are angrier than they’ve ever been watching banks like BofA borrow tax payer dollars and purchase their stock back at bargain prices (I don’t really call them bargain prices, as the equity markets are just as manipulated).

[Author]

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