Deflation, inflation – Housing. Thinkng out loud

[4plexowner]

no inflation in wages and no inflation in housing

the coming inflation will be in the things that we need on an everyday basis: you know, things like bread, milk, gasoline – simple things like that

I think it’s called stag-flation although this time around, hyper-stag-flation might be a better description

it is amusing to read all these people thinking that inflation is like magic and will somehow save them from their previous delusional thinking or somehow enable their current delusional thinking

here’s a very simple phrase to keep in mind:

THERE IS NO SUCH THING AS A FREE LUNCH

[DWCAP]

I couldnt agree more with HLS. People moved to these areas because it was affordable. When housing and gas prices went up 3X in 5 years it wasnt affordable anymore, at any interest rate. So people stopped buying and we are where we are now. The very idea that things will go right back up to where they were cause the GOV commands it is so foreign to me. Wasnt the Gov commanding it back in 2006-7? I sure remember alot of “all clears”.

Everyone here talks about the weather as if it is the end all and be all and that everyone in the world wants to live here. I have had a few cousins move out to SoCal, from Minnestoa I might add, only to go right back in a year or so. They didnt like the culture, or the cost of living, the constant traffic jams, or the almost soulless nature of so much of residental Ca. I have friends who moved to texas, or NYC, or Boston and LOVE IT. They are not coming back. To each his own, and despite the nice weather, Ca does have its draw backs. Something the “housing always goes up cause everyone wants to live here” crowd needs to rememeber.

[DWCAP]

I couldnt agree more with HLS. People moved to these areas because it was affordable. When housing and gas prices went up 3X in 5 years it wasnt affordable anymore, at any interest rate. So people stopped buying and we are where we are now. The very idea that things will go right back up to where they were cause the GOV commands it is so foreign to me. Wasnt the Gov commanding it back in 2006-7? I sure remember alot of “all clears”.

Everyone here talks about the weather as if it is the end all and be all and that everyone in the world wants to live here. I have had a few cousins move out to SoCal, from Minnestoa I might add, only to go right back in a year or so. They didnt like the culture, or the cost of living, the constant traffic jams, or the almost soulless nature of so much of residental Ca. I have friends who moved to texas, or NYC, or Boston and LOVE IT. They are not coming back. To each his own, and despite the nice weather, Ca does have its draw backs. Something the “housing always goes up cause everyone wants to live here” crowd needs to rememeber.

[DWCAP]

I couldnt agree more with HLS. People moved to these areas because it was affordable. When housing and gas prices went up 3X in 5 years it wasnt affordable anymore, at any interest rate. So people stopped buying and we are where we are now. The very idea that things will go right back up to where they were cause the GOV commands it is so foreign to me. Wasnt the Gov commanding it back in 2006-7? I sure remember alot of “all clears”.

Everyone here talks about the weather as if it is the end all and be all and that everyone in the world wants to live here. I have had a few cousins move out to SoCal, from Minnestoa I might add, only to go right back in a year or so. They didnt like the culture, or the cost of living, the constant traffic jams, or the almost soulless nature of so much of residental Ca. I have friends who moved to texas, or NYC, or Boston and LOVE IT. They are not coming back. To each his own, and despite the nice weather, Ca does have its draw backs. Something the “housing always goes up cause everyone wants to live here” crowd needs to rememeber.

[DWCAP]

I couldnt agree more with HLS. People moved to these areas because it was affordable. When housing and gas prices went up 3X in 5 years it wasnt affordable anymore, at any interest rate. So people stopped buying and we are where we are now. The very idea that things will go right back up to where they were cause the GOV commands it is so foreign to me. Wasnt the Gov commanding it back in 2006-7? I sure remember alot of “all clears”.

Everyone here talks about the weather as if it is the end all and be all and that everyone in the world wants to live here. I have had a few cousins move out to SoCal, from Minnestoa I might add, only to go right back in a year or so. They didnt like the culture, or the cost of living, the constant traffic jams, or the almost soulless nature of so much of residental Ca. I have friends who moved to texas, or NYC, or Boston and LOVE IT. They are not coming back. To each his own, and despite the nice weather, Ca does have its draw backs. Something the “housing always goes up cause everyone wants to live here” crowd needs to rememeber.

[DWCAP]

I couldnt agree more with HLS. People moved to these areas because it was affordable. When housing and gas prices went up 3X in 5 years it wasnt affordable anymore, at any interest rate. So people stopped buying and we are where we are now. The very idea that things will go right back up to where they were cause the GOV commands it is so foreign to me. Wasnt the Gov commanding it back in 2006-7? I sure remember alot of “all clears”.

Everyone here talks about the weather as if it is the end all and be all and that everyone in the world wants to live here. I have had a few cousins move out to SoCal, from Minnestoa I might add, only to go right back in a year or so. They didnt like the culture, or the cost of living, the constant traffic jams, or the almost soulless nature of so much of residental Ca. I have friends who moved to texas, or NYC, or Boston and LOVE IT. They are not coming back. To each his own, and despite the nice weather, Ca does have its draw backs. Something the “housing always goes up cause everyone wants to live here” crowd needs to rememeber.

[socrattt]

This is a bit off the subject of inflation, deflation, but this video is a wealth of knowledge and understanding of how we are where we are!

[socrattt]

This is a bit off the subject of inflation, deflation, but this video is a wealth of knowledge and understanding of how we are where we are!

[socrattt]

This is a bit off the subject of inflation, deflation, but this video is a wealth of knowledge and understanding of how we are where we are!

[socrattt]

This is a bit off the subject of inflation, deflation, but this video is a wealth of knowledge and understanding of how we are where we are!

[socrattt]

This is a bit off the subject of inflation, deflation, but this video is a wealth of knowledge and understanding of how we are where we are!

[svelte]

All the government has to do is print a boatload of money – and by that I mean several times more than anything they’ve done to date – and get it into the system…if they do that, inflation will take off.

This would solve some problems but create others…for one thing, the buying power of senior’s 401Ks would be greatly reduced…and you don’t want to piss seniors off.

The way I look at it is this: if you buy now, prices in most areas probably aren’t going to drop much more. They may not rise for 10 years, but they aren’t going to go down another 30-50% either.

Buying now allows you to lock into the current mortgage rate in case rates take off and also helps work you towards paying off your mortgage. What I think many forget to realize is that every year you rent pushes out the payoff date of your mortgage another year. True most don’t keep a house that long anyway, but some people do – especially with prop 13 in place.

It wasn’t but a year ago that pigs were saying better to put your money in the bank and draw 5% interest, that was the way to go. Well, with current interest rates on CDs etc that doesn’t look so hot anymore, does it?

You only get so much cash…put it where it makes you happiest. And for me, renting sucks.

[svelte]

All the government has to do is print a boatload of money – and by that I mean several times more than anything they’ve done to date – and get it into the system…if they do that, inflation will take off.

This would solve some problems but create others…for one thing, the buying power of senior’s 401Ks would be greatly reduced…and you don’t want to piss seniors off.

The way I look at it is this: if you buy now, prices in most areas probably aren’t going to drop much more. They may not rise for 10 years, but they aren’t going to go down another 30-50% either.

Buying now allows you to lock into the current mortgage rate in case rates take off and also helps work you towards paying off your mortgage. What I think many forget to realize is that every year you rent pushes out the payoff date of your mortgage another year. True most don’t keep a house that long anyway, but some people do – especially with prop 13 in place.

It wasn’t but a year ago that pigs were saying better to put your money in the bank and draw 5% interest, that was the way to go. Well, with current interest rates on CDs etc that doesn’t look so hot anymore, does it?

You only get so much cash…put it where it makes you happiest. And for me, renting sucks.

[svelte]

All the government has to do is print a boatload of money – and by that I mean several times more than anything they’ve done to date – and get it into the system…if they do that, inflation will take off.

This would solve some problems but create others…for one thing, the buying power of senior’s 401Ks would be greatly reduced…and you don’t want to piss seniors off.

The way I look at it is this: if you buy now, prices in most areas probably aren’t going to drop much more. They may not rise for 10 years, but they aren’t going to go down another 30-50% either.

Buying now allows you to lock into the current mortgage rate in case rates take off and also helps work you towards paying off your mortgage. What I think many forget to realize is that every year you rent pushes out the payoff date of your mortgage another year. True most don’t keep a house that long anyway, but some people do – especially with prop 13 in place.

It wasn’t but a year ago that pigs were saying better to put your money in the bank and draw 5% interest, that was the way to go. Well, with current interest rates on CDs etc that doesn’t look so hot anymore, does it?

You only get so much cash…put it where it makes you happiest. And for me, renting sucks.

[svelte]

All the government has to do is print a boatload of money – and by that I mean several times more than anything they’ve done to date – and get it into the system…if they do that, inflation will take off.

This would solve some problems but create others…for one thing, the buying power of senior’s 401Ks would be greatly reduced…and you don’t want to piss seniors off.

The way I look at it is this: if you buy now, prices in most areas probably aren’t going to drop much more. They may not rise for 10 years, but they aren’t going to go down another 30-50% either.

Buying now allows you to lock into the current mortgage rate in case rates take off and also helps work you towards paying off your mortgage. What I think many forget to realize is that every year you rent pushes out the payoff date of your mortgage another year. True most don’t keep a house that long anyway, but some people do – especially with prop 13 in place.

It wasn’t but a year ago that pigs were saying better to put your money in the bank and draw 5% interest, that was the way to go. Well, with current interest rates on CDs etc that doesn’t look so hot anymore, does it?

You only get so much cash…put it where it makes you happiest. And for me, renting sucks.

[Author]

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