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  • March 19, 2009 at 9:37 AM #370520
    Nor-LA-SD-guy
    Participant

    [quote=AN][quote=ibjames]lets say we start seeing that trend, how many here would just stay renters forever?
    [/quote]
    Good question. How many here would be willing to pay someone to rent a place vs living in it for free when you buy. Since it would it $0 when it decline 100%.[/quote]

    It’s good these will be for free, I will take a few..

    from what I understand SoCal had a fairly large inbound domestic migration according to the stat takers anyway.

    This happened during the first great depression as well, I think during the recession in 1980 also.

    March 19, 2009 at 9:47 AM #369939
    CricketOnTheHearth
    Participant
    esmith wrote:You're not doing
    Submitted by Nor-LA-SD-guy on March 19, 2009 – 7:36am.
    esmith wrote:

    You’re not doing this right. Let me help.

    Ha, That looks like a Temecula Valley Graph only the date at the end of the chart should be Feb 2009.

    ——————————————–

    LOL to both of you.
    esmith, man, I wish.

    On gold, I agree that it’s pretty much at a peak (a mesa, I’m thinking?). When it’s hawked on TV that’s a pretty good sign.

    I’m one of those Americans saving like mad, only I am trying to save more– on the order of 15-20%/month, not counting 401K. Trying to get a decent down payment in time for the bottom.

    March 19, 2009 at 9:47 AM #370227
    CricketOnTheHearth
    Participant
    esmith wrote:You're not doing
    Submitted by Nor-LA-SD-guy on March 19, 2009 – 7:36am.
    esmith wrote:

    You’re not doing this right. Let me help.

    Ha, That looks like a Temecula Valley Graph only the date at the end of the chart should be Feb 2009.

    ——————————————–

    LOL to both of you.
    esmith, man, I wish.

    On gold, I agree that it’s pretty much at a peak (a mesa, I’m thinking?). When it’s hawked on TV that’s a pretty good sign.

    I’m one of those Americans saving like mad, only I am trying to save more– on the order of 15-20%/month, not counting 401K. Trying to get a decent down payment in time for the bottom.

    March 19, 2009 at 9:47 AM #370393
    CricketOnTheHearth
    Participant
    esmith wrote:You're not doing
    Submitted by Nor-LA-SD-guy on March 19, 2009 – 7:36am.
    esmith wrote:

    You’re not doing this right. Let me help.

    Ha, That looks like a Temecula Valley Graph only the date at the end of the chart should be Feb 2009.

    ——————————————–

    LOL to both of you.
    esmith, man, I wish.

    On gold, I agree that it’s pretty much at a peak (a mesa, I’m thinking?). When it’s hawked on TV that’s a pretty good sign.

    I’m one of those Americans saving like mad, only I am trying to save more– on the order of 15-20%/month, not counting 401K. Trying to get a decent down payment in time for the bottom.

    March 19, 2009 at 9:47 AM #370435
    CricketOnTheHearth
    Participant
    esmith wrote:You're not doing
    Submitted by Nor-LA-SD-guy on March 19, 2009 – 7:36am.
    esmith wrote:

    You’re not doing this right. Let me help.

    Ha, That looks like a Temecula Valley Graph only the date at the end of the chart should be Feb 2009.

    ——————————————–

    LOL to both of you.
    esmith, man, I wish.

    On gold, I agree that it’s pretty much at a peak (a mesa, I’m thinking?). When it’s hawked on TV that’s a pretty good sign.

    I’m one of those Americans saving like mad, only I am trying to save more– on the order of 15-20%/month, not counting 401K. Trying to get a decent down payment in time for the bottom.

    March 19, 2009 at 9:47 AM #370550
    CricketOnTheHearth
    Participant
    esmith wrote:You're not doing
    Submitted by Nor-LA-SD-guy on March 19, 2009 – 7:36am.
    esmith wrote:

    You’re not doing this right. Let me help.

    Ha, That looks like a Temecula Valley Graph only the date at the end of the chart should be Feb 2009.

    ——————————————–

    LOL to both of you.
    esmith, man, I wish.

    On gold, I agree that it’s pretty much at a peak (a mesa, I’m thinking?). When it’s hawked on TV that’s a pretty good sign.

    I’m one of those Americans saving like mad, only I am trying to save more– on the order of 15-20%/month, not counting 401K. Trying to get a decent down payment in time for the bottom.

    March 19, 2009 at 9:54 AM #369949
    zk
    Participant

    [quote=ibjames]lets say we start seeing that trend, how many here would just stay renters forever?
    [/quote]

    Probably not many, but remember that many on here understand the cycles better than most and therefore might not fall prey to the fear that would be required for the predictions in that chart to come true. Even if all the piggs buy, there’s still a lot of scared people out there.

    March 19, 2009 at 9:54 AM #370237
    zk
    Participant

    [quote=ibjames]lets say we start seeing that trend, how many here would just stay renters forever?
    [/quote]

    Probably not many, but remember that many on here understand the cycles better than most and therefore might not fall prey to the fear that would be required for the predictions in that chart to come true. Even if all the piggs buy, there’s still a lot of scared people out there.

    March 19, 2009 at 9:54 AM #370403
    zk
    Participant

    [quote=ibjames]lets say we start seeing that trend, how many here would just stay renters forever?
    [/quote]

    Probably not many, but remember that many on here understand the cycles better than most and therefore might not fall prey to the fear that would be required for the predictions in that chart to come true. Even if all the piggs buy, there’s still a lot of scared people out there.

    March 19, 2009 at 9:54 AM #370445
    zk
    Participant

    [quote=ibjames]lets say we start seeing that trend, how many here would just stay renters forever?
    [/quote]

    Probably not many, but remember that many on here understand the cycles better than most and therefore might not fall prey to the fear that would be required for the predictions in that chart to come true. Even if all the piggs buy, there’s still a lot of scared people out there.

    March 19, 2009 at 9:54 AM #370560
    zk
    Participant

    [quote=ibjames]lets say we start seeing that trend, how many here would just stay renters forever?
    [/quote]

    Probably not many, but remember that many on here understand the cycles better than most and therefore might not fall prey to the fear that would be required for the predictions in that chart to come true. Even if all the piggs buy, there’s still a lot of scared people out there.

    March 19, 2009 at 9:56 AM #369954
    scaredyclassic
    Participant

    gold hasn’t started to penetrate consciousness in an investment. when it’s a 401k option, when people think of putting only gold int heir ira, then it’s peaking. some oddball ads, some general talk? that’s not gold fever. gold fever is when the dollars in your pocket are literally disintegrating in value and gold is juping 5% a day for a few months? that’s when it’ll be peaking…

    March 19, 2009 at 9:56 AM #370242
    scaredyclassic
    Participant

    gold hasn’t started to penetrate consciousness in an investment. when it’s a 401k option, when people think of putting only gold int heir ira, then it’s peaking. some oddball ads, some general talk? that’s not gold fever. gold fever is when the dollars in your pocket are literally disintegrating in value and gold is juping 5% a day for a few months? that’s when it’ll be peaking…

    March 19, 2009 at 9:56 AM #370408
    scaredyclassic
    Participant

    gold hasn’t started to penetrate consciousness in an investment. when it’s a 401k option, when people think of putting only gold int heir ira, then it’s peaking. some oddball ads, some general talk? that’s not gold fever. gold fever is when the dollars in your pocket are literally disintegrating in value and gold is juping 5% a day for a few months? that’s when it’ll be peaking…

    March 19, 2009 at 9:56 AM #370450
    scaredyclassic
    Participant

    gold hasn’t started to penetrate consciousness in an investment. when it’s a 401k option, when people think of putting only gold int heir ira, then it’s peaking. some oddball ads, some general talk? that’s not gold fever. gold fever is when the dollars in your pocket are literally disintegrating in value and gold is juping 5% a day for a few months? that’s when it’ll be peaking…

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