Coronavirus/Economy/Stock Market

[ltsddd]

Yeah. Indexing those 10 companies….or that’s a sign to have one foot in and the other one out.

** I have gone back to 25% stocks 75% bonds as of today.

[Coronita]

[quote=ltsddd]Yeah. Indexing those 10 companies.[/quote]

If it’s indexing everying, those company added $900billion while the others lost $300billion..Net effect is still positive, no?

If it all, it makes a case for drip drip drip into index and forget about it, as mentioned several times on this thread and other threads…

[FlyerInHi]

RE does not get affected right away. It takes about 12 to 18 months into a recession.

[Coronita]

[quote=The-Shoveler]

Maybe SD RE is doing better as Work at home renters ect.. join the escape LA crowd.[/quote]

Don’t know. This was an interesting read though..

These Housing Markets Could Be Most at Risk in a Coronavirus-Fueled Recession

This isn’t the only source saying this too.

[sdrealtor]

Coronita
You are correct! RE is all about location, location, location.

The buyers of the last 10 years around here were strong and have gotten stronger via the job market, appreciation, stock market gains and refinancing into lower and lower rates. The segments of the population hit hardest around here were generally not among the home buying populace.

The days of urban condo living by millenials have turned into upsizing back into McMansions. Viva La Toll Brothers!

[outtamojo]

SF rents dropping https://www.sfchronicle.com/business/article/San-Francisco-Silicon-Valley-rents-saw-sharp-15307118.php

[ltsddd]

[quote=Coronita][quote=The-Shoveler]

Maybe SD RE is doing better as Work at home renters ect.. join the escape LA crowd.[/quote]

Don’t know. This was an interesting read though..

These Housing Markets Could Be Most at Risk in a Coronavirus-Fueled Recession

This isn’t the only source saying this too.[/quote]

If history repeats, I expect Las Vegas, Phoenix, and our very own Chula Vista will all get a 50% haircut. I think CV was down that much during the last 2 housing busts. I’ll be buying in CV this time around.

[Coronita]

[quote=ltsddd][quote=Coronita][quote=The-Shoveler]

Maybe SD RE is doing better as Work at home renters ect.. join the escape LA crowd.[/quote]

Don’t know. This was an interesting read though..

These Housing Markets Could Be Most at Risk in a Coronavirus-Fueled Recession

This isn’t the only source saying this too.[/quote]

If history repeats, I expect Las Vegas, Phoenix, and our very own Chula Vista will all get a 50% haircut. I think CV was down that much during the last 2 housing busts. I’ll be buying in CV this time around.[/quote]

I think in ChulaV and Imperial, it’s already bad.

[an]

[quote=sdrealtor]Coronita
You are correct! RE is all about location, location, location.

The buyers of the last 10 years around here were strong and have gotten stronger via the job market, appreciation, stock market gains and refinancing into lower and lower rates. The segments of the population hit hardest around here were generally not among the home buying populace.

The days of urban condo living by millenials have turned into upsizing back into McMansions. Viva La Toll Brothers![/quote]
I LOVE Toll Brothers. Too bad they don’t build more in SD or implement build on your own lot like they do in some other part of the US.

[Coronita]

[quote=FlyerInHi]I feel like Corona wants to have his cake and eat it too. He selectively wants to be negative then bitches about other people’s posts, which itself is negative.

For example: wow we’re becoming the “United States of France”, too many regulations in California, maybe move to Colorado, deficits are so bad for the economy….. If those are so bad, then does it not follow that bad things will happen?[/quote]

Wow, Brian, I haven’t really looked at your posts before since you’ve been on my ignore list. But others that PM’d me said you’ve been kinda going heavy on the personal attacks for some time…. Is this what you mean by taking the high road?

[Coronita]

[quote=FlyerInHi]Without fail, flu, you always manage to turn a topic into something about you winning.[/quote]

Wow Brian, going personal and high road again?

[Coronita]

[quote=FlyerInHi]You’re very individualistic, flu. Buy American would be very much in contradiction.[/quote]

Personal again, Brian? High road again?

[Coronita]

Airbnb properties wouldn’t make a dent in housing market

“Airbnb’s tally of 850,000 whole-house listings is just 0.8% of the nation’s stock of single-family homes. Even if a big chunk of them came on the market – and there’s no evidence that will happen – it would be a welcome relief to the severe shortage of housing inventory.”

[ltsddd]

Nice tool – https://www.cnn.com/resources/coronavirus-information

[phaster]

[quote]
In a freewheeling Friday-morning press conference in the Rose Garden, President Donald Trump touted a strong May jobs report and said he hoped George Floyd, who was killed by the Minneapolis police 10 days ago, was “looking down” from heaven and saying this “is a great thing that’s happening for our country.”

The jobs report stunned economists and defied forecasts of further economic decline. The US added 2.5 million jobs in May, bringing the unemployment rate down to 13.3% from 14.7% in April.

https://www.businessinsider.com/trump-hopes-george-floyd-is-looking-down-and-admiring-us-economy-2020-6
[/quote]

[Author]

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