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Rt.66.
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October 16, 2009 at 12:18 PM #470771October 16, 2009 at 12:18 PM #469953
waiting hawk
Participant[quote=Nor-LA-SD-guy]Shadow people have to live somewhere right ???
[/quote]
I always thought of us as the shadow people. The people no one ever cared about or ever helped.
October 16, 2009 at 12:18 PM #470135waiting hawk
Participant[quote=Nor-LA-SD-guy]Shadow people have to live somewhere right ???
[/quote]
I always thought of us as the shadow people. The people no one ever cared about or ever helped.
October 16, 2009 at 12:18 PM #470486waiting hawk
Participant[quote=Nor-LA-SD-guy]Shadow people have to live somewhere right ???
[/quote]
I always thought of us as the shadow people. The people no one ever cared about or ever helped.
October 16, 2009 at 12:18 PM #470559waiting hawk
Participant[quote=Nor-LA-SD-guy]Shadow people have to live somewhere right ???
[/quote]
I always thought of us as the shadow people. The people no one ever cared about or ever helped.
October 16, 2009 at 12:18 PM #470776waiting hawk
Participant[quote=Nor-LA-SD-guy]Shadow people have to live somewhere right ???
[/quote]
I always thought of us as the shadow people. The people no one ever cared about or ever helped.
October 16, 2009 at 1:17 PM #469977(former)FormerSanDiegan
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.
Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Actually, despite record unemployment and the other factors you mentioned, demand was significantly higher in 2009 than the preceding two years, due to a huge improvement in affordability.
If I integrate in my common sense that in some places it might be cheaper to own than rent, I see a limit to pricing downside. Granted, as rents slide (impacted by employment) this downside bar may slide lower.
My posts here reflect being fed up by shadow inventory zealots (not saying you are one, since you did point out at least some factors affecting demand) tend to leave out, forget or otherwise ignore the other side of the supply-demand relationship.
October 16, 2009 at 1:17 PM #470158(former)FormerSanDiegan
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.
Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Actually, despite record unemployment and the other factors you mentioned, demand was significantly higher in 2009 than the preceding two years, due to a huge improvement in affordability.
If I integrate in my common sense that in some places it might be cheaper to own than rent, I see a limit to pricing downside. Granted, as rents slide (impacted by employment) this downside bar may slide lower.
My posts here reflect being fed up by shadow inventory zealots (not saying you are one, since you did point out at least some factors affecting demand) tend to leave out, forget or otherwise ignore the other side of the supply-demand relationship.
October 16, 2009 at 1:17 PM #470511(former)FormerSanDiegan
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.
Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Actually, despite record unemployment and the other factors you mentioned, demand was significantly higher in 2009 than the preceding two years, due to a huge improvement in affordability.
If I integrate in my common sense that in some places it might be cheaper to own than rent, I see a limit to pricing downside. Granted, as rents slide (impacted by employment) this downside bar may slide lower.
My posts here reflect being fed up by shadow inventory zealots (not saying you are one, since you did point out at least some factors affecting demand) tend to leave out, forget or otherwise ignore the other side of the supply-demand relationship.
October 16, 2009 at 1:17 PM #470585(former)FormerSanDiegan
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.
Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Actually, despite record unemployment and the other factors you mentioned, demand was significantly higher in 2009 than the preceding two years, due to a huge improvement in affordability.
If I integrate in my common sense that in some places it might be cheaper to own than rent, I see a limit to pricing downside. Granted, as rents slide (impacted by employment) this downside bar may slide lower.
My posts here reflect being fed up by shadow inventory zealots (not saying you are one, since you did point out at least some factors affecting demand) tend to leave out, forget or otherwise ignore the other side of the supply-demand relationship.
October 16, 2009 at 1:17 PM #470801(former)FormerSanDiegan
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.
Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Actually, despite record unemployment and the other factors you mentioned, demand was significantly higher in 2009 than the preceding two years, due to a huge improvement in affordability.
If I integrate in my common sense that in some places it might be cheaper to own than rent, I see a limit to pricing downside. Granted, as rents slide (impacted by employment) this downside bar may slide lower.
My posts here reflect being fed up by shadow inventory zealots (not saying you are one, since you did point out at least some factors affecting demand) tend to leave out, forget or otherwise ignore the other side of the supply-demand relationship.
October 16, 2009 at 1:20 PM #469987an
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Since you’re talking about integrating common sense, are you assuming the current rate of job contraction is the new normal?October 16, 2009 at 1:20 PM #470168an
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Since you’re talking about integrating common sense, are you assuming the current rate of job contraction is the new normal?October 16, 2009 at 1:20 PM #470521an
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Since you’re talking about integrating common sense, are you assuming the current rate of job contraction is the new normal?October 16, 2009 at 1:20 PM #470594an
Participant[quote=Arraya]
Sometimes you have to integrate common sense with analysis. The housing bubble fueled employment. It was not unpredictable that employment would plummet as the bubble did. The bubble was the economy.Pent up demand depends on job growth. Unless you count demand as somebody that wants to buy a house and can’t you have a problem. Sideline money is dwindling + job contraction=Lower demand
Lower demand + pent up inventory =
See how easy this is[/quote]
Since you’re talking about integrating common sense, are you assuming the current rate of job contraction is the new normal? -
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