- This topic has 30 replies, 8 voices, and was last updated 17 years, 2 months ago by JES.
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August 14, 2007 at 8:22 AM #75006August 14, 2007 at 8:33 AM #74890lendingbubblecontinuesParticipant
I agree, Bugs.
August 14, 2007 at 8:33 AM #75013lendingbubblecontinuesParticipantI agree, Bugs.
August 14, 2007 at 8:33 AM #75005lendingbubblecontinuesParticipantI agree, Bugs.
August 14, 2007 at 9:59 AM #74927(former)FormerSanDieganParticipant“A house worth $450k in 2001 went up to $900k in 2005 and is now worth $850k. This is the bottom how? Wouldn’t the bottom be back to $450k? ”
Bottom opinions are like a$$holes. Everybody has one and thinks theirs does not stink.
By the way, why is your bottom any more valid than his ?
August 14, 2007 at 9:59 AM #75051(former)FormerSanDieganParticipant“A house worth $450k in 2001 went up to $900k in 2005 and is now worth $850k. This is the bottom how? Wouldn’t the bottom be back to $450k? ”
Bottom opinions are like a$$holes. Everybody has one and thinks theirs does not stink.
By the way, why is your bottom any more valid than his ?
August 14, 2007 at 9:59 AM #75046(former)FormerSanDieganParticipant“A house worth $450k in 2001 went up to $900k in 2005 and is now worth $850k. This is the bottom how? Wouldn’t the bottom be back to $450k? ”
Bottom opinions are like a$$holes. Everybody has one and thinks theirs does not stink.
By the way, why is your bottom any more valid than his ?
August 14, 2007 at 11:01 AM #74954SD RealtorParticipantI agree lending… It is irresponsible journalism…Stuff like this stinks and the authors have no accountability whatsoever.
SD Realtor
August 14, 2007 at 11:01 AM #75071SD RealtorParticipantI agree lending… It is irresponsible journalism…Stuff like this stinks and the authors have no accountability whatsoever.
SD Realtor
August 14, 2007 at 11:01 AM #75079SD RealtorParticipantI agree lending… It is irresponsible journalism…Stuff like this stinks and the authors have no accountability whatsoever.
SD Realtor
August 14, 2007 at 11:06 AM #74960(former)FormerSanDieganParticipantInstead of the bottom, I would pose that we have hit the knee in the curve and will see a bit of acceleration to the down side.
Just like the idiots who called a peak starting in 2002, we have idiots calling the bottom for the next couple of years.
August 14, 2007 at 11:06 AM #75077(former)FormerSanDieganParticipantInstead of the bottom, I would pose that we have hit the knee in the curve and will see a bit of acceleration to the down side.
Just like the idiots who called a peak starting in 2002, we have idiots calling the bottom for the next couple of years.
August 14, 2007 at 11:06 AM #75084(former)FormerSanDieganParticipantInstead of the bottom, I would pose that we have hit the knee in the curve and will see a bit of acceleration to the down side.
Just like the idiots who called a peak starting in 2002, we have idiots calling the bottom for the next couple of years.
August 14, 2007 at 11:08 AM #74963JESParticipantThe difference now as opposed to last year is that many of the people who will be duped by this irresponsible journalism and decide that ‘now is the time to buy’ will be turned away at the bank. Thankfully, new lending standards are making the market more idiot proof every day. Those who make it through the cracks will just provide more fuel for this fire to continue burning 3, 5, even 7 years from now.
August 14, 2007 at 11:08 AM #75080JESParticipantThe difference now as opposed to last year is that many of the people who will be duped by this irresponsible journalism and decide that ‘now is the time to buy’ will be turned away at the bank. Thankfully, new lending standards are making the market more idiot proof every day. Those who make it through the cracks will just provide more fuel for this fire to continue burning 3, 5, even 7 years from now.
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