Buying with monopoly money

[moneymaker]

Isn’t it like trying to guess how big the next blob will be on a lava lamp, you know it’s going up but how big and how fast?

[jpinpb]

[quote=walterwhite]Grow or die , or if you can’t grow inflate or die. Perhaps what’s amazing is that there actually was a crash at all. What if we were wrong what if the govt had got out so far and so fast in front of price declines that they just never allowed prices to fall. Could that have happened? I am now 100 perecent in favor of any stimulus no matter how arbitrary or imbalances to keep up housing prices.[/quote]

Funny how as soon as someone buys, they start singing a different tune.

In line w/EconProf, I wonder what will happen when rates rise and the monthly payments will be more on a house. Will it really drive prices of homes higher? That doesn’t make sense to me, particularly in these precarious economic times w/unemployment at an uncomfortable rate.

[jpinpb]

[quote=walterwhite]Grow or die , or if you can’t grow inflate or die. Perhaps what’s amazing is that there actually was a crash at all. What if we were wrong what if the govt had got out so far and so fast in front of price declines that they just never allowed prices to fall. Could that have happened? I am now 100 perecent in favor of any stimulus no matter how arbitrary or imbalances to keep up housing prices.[/quote]

Funny how as soon as someone buys, they start singing a different tune.

In line w/EconProf, I wonder what will happen when rates rise and the monthly payments will be more on a house. Will it really drive prices of homes higher? That doesn’t make sense to me, particularly in these precarious economic times w/unemployment at an uncomfortable rate.

[jpinpb]

[quote=walterwhite]Grow or die , or if you can’t grow inflate or die. Perhaps what’s amazing is that there actually was a crash at all. What if we were wrong what if the govt had got out so far and so fast in front of price declines that they just never allowed prices to fall. Could that have happened? I am now 100 perecent in favor of any stimulus no matter how arbitrary or imbalances to keep up housing prices.[/quote]

Funny how as soon as someone buys, they start singing a different tune.

In line w/EconProf, I wonder what will happen when rates rise and the monthly payments will be more on a house. Will it really drive prices of homes higher? That doesn’t make sense to me, particularly in these precarious economic times w/unemployment at an uncomfortable rate.

[jpinpb]

[quote=walterwhite]Grow or die , or if you can’t grow inflate or die. Perhaps what’s amazing is that there actually was a crash at all. What if we were wrong what if the govt had got out so far and so fast in front of price declines that they just never allowed prices to fall. Could that have happened? I am now 100 perecent in favor of any stimulus no matter how arbitrary or imbalances to keep up housing prices.[/quote]

Funny how as soon as someone buys, they start singing a different tune.

In line w/EconProf, I wonder what will happen when rates rise and the monthly payments will be more on a house. Will it really drive prices of homes higher? That doesn’t make sense to me, particularly in these precarious economic times w/unemployment at an uncomfortable rate.

[jpinpb]

[quote=walterwhite]Grow or die , or if you can’t grow inflate or die. Perhaps what’s amazing is that there actually was a crash at all. What if we were wrong what if the govt had got out so far and so fast in front of price declines that they just never allowed prices to fall. Could that have happened? I am now 100 perecent in favor of any stimulus no matter how arbitrary or imbalances to keep up housing prices.[/quote]

Funny how as soon as someone buys, they start singing a different tune.

In line w/EconProf, I wonder what will happen when rates rise and the monthly payments will be more on a house. Will it really drive prices of homes higher? That doesn’t make sense to me, particularly in these precarious economic times w/unemployment at an uncomfortable rate.

[scaredyclassic]

Hey the prison incarceration rate increases and they don’t buy houses. Not sure what I mean by that but maybe a oermanfnt class of unemployed people like a permanent class of prisoners doesn’t really matter as to housing prices.

I was singing the tune differently in a self mocking way

[scaredyclassic]

Hey the prison incarceration rate increases and they don’t buy houses. Not sure what I mean by that but maybe a oermanfnt class of unemployed people like a permanent class of prisoners doesn’t really matter as to housing prices.

I was singing the tune differently in a self mocking way

[scaredyclassic]

Hey the prison incarceration rate increases and they don’t buy houses. Not sure what I mean by that but maybe a oermanfnt class of unemployed people like a permanent class of prisoners doesn’t really matter as to housing prices.

I was singing the tune differently in a self mocking way

[scaredyclassic]

Hey the prison incarceration rate increases and they don’t buy houses. Not sure what I mean by that but maybe a oermanfnt class of unemployed people like a permanent class of prisoners doesn’t really matter as to housing prices.

I was singing the tune differently in a self mocking way

[scaredyclassic]

Hey the prison incarceration rate increases and they don’t buy houses. Not sure what I mean by that but maybe a oermanfnt class of unemployed people like a permanent class of prisoners doesn’t really matter as to housing prices.

I was singing the tune differently in a self mocking way

[ocrenter]

I firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.

This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.

If instead home prices increase at rate of inflation, that would be an added bonus.

While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.

[ocrenter]

I firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.

This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.

If instead home prices increase at rate of inflation, that would be an added bonus.

While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.

[ocrenter]

I firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.

This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.

If instead home prices increase at rate of inflation, that would be an added bonus.

While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.

[ocrenter]

I firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.

This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.

If instead home prices increase at rate of inflation, that would be an added bonus.

While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.

[Author]

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