Effect of the election on the housing market

[Arraya]

.gov interventions are temporarily stopping a major depression. Nobody wants to be responsible for triggering it, even though its inevitable. What are they gonna do shut down fannie and freddie and replace it with a non-existent private market. Stop Bernoiko from buying MBSs and treasuries. Force banks to mark to market. Kick the 8 million deadbeats out and force banks to take write downs. Bwahaahaa… Pulease… That would be analogous to making RE a cash only game and sucking 100s of billions out of the economy and more than doubling inventory. Now that would be a true stress test…

They will drive this thing into the ground and Bernoinko will go down with the dollar like Slim Pickens from Dr. Strangelove goes down with the bomb as the whole global economy goes up in flames.

They may do something like block extended UE benefits and crow about it like its a major victory

Actually, I was reading how wall street campaign contributions dramatically switched to republicans in the last few months. That could be a sign that our overlords want some austerity, not on themselves, of course.

[CA renter]

[quote=SD Realtor]I think that we would all agree that if the housing market would have been left to operate in a less manipulated manner we would be much closer to a bottom then we are now. We would have experienced much more pain however we would have cleaned out the wound. We would all agree that the TRUE SOLUTION to the housing problem is simple, prices need to come down. How we get there is more complex.

Don’t be so quick to think that the republicans are any more agreeable to a true free market then the dems with respect for housing. To me that is naive and misguided because both parties are simple puppets to wall street. I don’t think that there will be a major change no matter who is in office.

Here comes the new boss… same as the old boss…[/quote]

Yep, nailed it again, SDR!

[CA renter]

[quote=SD Realtor]I think that we would all agree that if the housing market would have been left to operate in a less manipulated manner we would be much closer to a bottom then we are now. We would have experienced much more pain however we would have cleaned out the wound. We would all agree that the TRUE SOLUTION to the housing problem is simple, prices need to come down. How we get there is more complex.

Don’t be so quick to think that the republicans are any more agreeable to a true free market then the dems with respect for housing. To me that is naive and misguided because both parties are simple puppets to wall street. I don’t think that there will be a major change no matter who is in office.

Here comes the new boss… same as the old boss…[/quote]

Yep, nailed it again, SDR!

[CA renter]

[quote=SD Realtor]I think that we would all agree that if the housing market would have been left to operate in a less manipulated manner we would be much closer to a bottom then we are now. We would have experienced much more pain however we would have cleaned out the wound. We would all agree that the TRUE SOLUTION to the housing problem is simple, prices need to come down. How we get there is more complex.

Don’t be so quick to think that the republicans are any more agreeable to a true free market then the dems with respect for housing. To me that is naive and misguided because both parties are simple puppets to wall street. I don’t think that there will be a major change no matter who is in office.

Here comes the new boss… same as the old boss…[/quote]

Yep, nailed it again, SDR!

[CA renter]

[quote=SD Realtor]I think that we would all agree that if the housing market would have been left to operate in a less manipulated manner we would be much closer to a bottom then we are now. We would have experienced much more pain however we would have cleaned out the wound. We would all agree that the TRUE SOLUTION to the housing problem is simple, prices need to come down. How we get there is more complex.

Don’t be so quick to think that the republicans are any more agreeable to a true free market then the dems with respect for housing. To me that is naive and misguided because both parties are simple puppets to wall street. I don’t think that there will be a major change no matter who is in office.

Here comes the new boss… same as the old boss…[/quote]

Yep, nailed it again, SDR!

[CA renter]

[quote=SD Realtor]I think that we would all agree that if the housing market would have been left to operate in a less manipulated manner we would be much closer to a bottom then we are now. We would have experienced much more pain however we would have cleaned out the wound. We would all agree that the TRUE SOLUTION to the housing problem is simple, prices need to come down. How we get there is more complex.

Don’t be so quick to think that the republicans are any more agreeable to a true free market then the dems with respect for housing. To me that is naive and misguided because both parties are simple puppets to wall street. I don’t think that there will be a major change no matter who is in office.

Here comes the new boss… same as the old boss…[/quote]

Yep, nailed it again, SDR!

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[scaredyclassic]

chnage is no longer possible except at the micro humanure level.

[scaredyclassic]

chnage is no longer possible except at the micro humanure level.

[scaredyclassic]

chnage is no longer possible except at the micro humanure level.

[scaredyclassic]

chnage is no longer possible except at the micro humanure level.

[Author]

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