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Home › Forums › Housing › Bailout will lower home values, Cramer agrees

Viewing 11 posts - 16 through 26 (of 26 total)
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  • April 6, 2008 at 10:03 AM #181841
    34f3f3f
    Participant

    Give him his dues …it’s just theater. Basically, he is complaining that builders were withholding political contributions, because they had been left out of the bail-out or stimulus deal. So Congress awarded them $6 billion. Cramer sees this is as an incentive for builders to plow back more money into building when the market is already over-saturated. Over-supply means depressed prices. He thinks the money should go to home-owners. Couldn’t watch all of it, but that’s the gist of it. Oh yeah, he believes builders are the problem.

    April 7, 2008 at 4:03 PM #182422
    bob007
    Participant

    he is probably in cahoot with financial institutions who depend on propping the inflated real estate values

    April 7, 2008 at 4:03 PM #182432
    bob007
    Participant

    he is probably in cahoot with financial institutions who depend on propping the inflated real estate values

    April 7, 2008 at 4:03 PM #182465
    bob007
    Participant

    he is probably in cahoot with financial institutions who depend on propping the inflated real estate values

    April 7, 2008 at 4:03 PM #182467
    bob007
    Participant

    he is probably in cahoot with financial institutions who depend on propping the inflated real estate values

    April 7, 2008 at 4:03 PM #182476
    bob007
    Participant

    he is probably in cahoot with financial institutions who depend on propping the inflated real estate values

    April 8, 2008 at 9:55 AM #182767
    noone
    Participant

    His whole premise seems flawed to me. His premise is that the sole reason that home prices are falling is high supply and low demand. If builders build more homes it will only increase the number of available homes.

    Any Pigg knows that that the real reason that home prices are falling is that they are overpriced. There’s actually a ton of demand for homes… at the right price! Any home that comes on the market anywhere close to the right price will get multiple offers. This shows that rather than an oversupply of homes, there is actually an under-supply of correctly priced homes.

    April 8, 2008 at 9:55 AM #182780
    noone
    Participant

    His whole premise seems flawed to me. His premise is that the sole reason that home prices are falling is high supply and low demand. If builders build more homes it will only increase the number of available homes.

    Any Pigg knows that that the real reason that home prices are falling is that they are overpriced. There’s actually a ton of demand for homes… at the right price! Any home that comes on the market anywhere close to the right price will get multiple offers. This shows that rather than an oversupply of homes, there is actually an under-supply of correctly priced homes.

    April 8, 2008 at 9:55 AM #182808
    noone
    Participant

    His whole premise seems flawed to me. His premise is that the sole reason that home prices are falling is high supply and low demand. If builders build more homes it will only increase the number of available homes.

    Any Pigg knows that that the real reason that home prices are falling is that they are overpriced. There’s actually a ton of demand for homes… at the right price! Any home that comes on the market anywhere close to the right price will get multiple offers. This shows that rather than an oversupply of homes, there is actually an under-supply of correctly priced homes.

    April 8, 2008 at 9:55 AM #182814
    noone
    Participant

    His whole premise seems flawed to me. His premise is that the sole reason that home prices are falling is high supply and low demand. If builders build more homes it will only increase the number of available homes.

    Any Pigg knows that that the real reason that home prices are falling is that they are overpriced. There’s actually a ton of demand for homes… at the right price! Any home that comes on the market anywhere close to the right price will get multiple offers. This shows that rather than an oversupply of homes, there is actually an under-supply of correctly priced homes.

    April 8, 2008 at 9:55 AM #182821
    noone
    Participant

    His whole premise seems flawed to me. His premise is that the sole reason that home prices are falling is high supply and low demand. If builders build more homes it will only increase the number of available homes.

    Any Pigg knows that that the real reason that home prices are falling is that they are overpriced. There’s actually a ton of demand for homes… at the right price! Any home that comes on the market anywhere close to the right price will get multiple offers. This shows that rather than an oversupply of homes, there is actually an under-supply of correctly priced homes.

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