Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now.

[peterb]

All the heat in the low end RE market will be the next wave of defaults after 2009, as the places that are rentals will no longer cash flow and the one that are owner occupied will be suffering from the unemployed leaving the state. Unemployment is far worse than most people calculate. Just wait until you feel you are in jeopardy and see how you feel about long term commitments on a depreciating assett.

[5yearwaiter]

I am fully confident this last bullett can’t do any magic – or may be a while this trick goes but again several panic situations are lined up here and FED is again playing the old game instead troubleshoot properly

[5yearwaiter]

I am fully confident this last bullett can’t do any magic – or may be a while this trick goes but again several panic situations are lined up here and FED is again playing the old game instead troubleshoot properly

[5yearwaiter]

I am fully confident this last bullett can’t do any magic – or may be a while this trick goes but again several panic situations are lined up here and FED is again playing the old game instead troubleshoot properly

[5yearwaiter]

I am fully confident this last bullett can’t do any magic – or may be a while this trick goes but again several panic situations are lined up here and FED is again playing the old game instead troubleshoot properly

[5yearwaiter]

I am fully confident this last bullett can’t do any magic – or may be a while this trick goes but again several panic situations are lined up here and FED is again playing the old game instead troubleshoot properly

[no_such_reality]

Japan’s lost decade.

[quote=schizo2buyORnot]No words necessary here. Read the headlines. Fed funds to 0%. Fed to buy mortgage back securities which will bring the spreads in line and allow people to get 30 yr fixed mortgages for under 4% in the next 2-3 months. The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]

[no_such_reality]

Japan’s lost decade.

[quote=schizo2buyORnot]No words necessary here. Read the headlines. Fed funds to 0%. Fed to buy mortgage back securities which will bring the spreads in line and allow people to get 30 yr fixed mortgages for under 4% in the next 2-3 months. The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]

[no_such_reality]

Japan’s lost decade.

[quote=schizo2buyORnot]No words necessary here. Read the headlines. Fed funds to 0%. Fed to buy mortgage back securities which will bring the spreads in line and allow people to get 30 yr fixed mortgages for under 4% in the next 2-3 months. The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]

[no_such_reality]

Japan’s lost decade.

[quote=schizo2buyORnot]No words necessary here. Read the headlines. Fed funds to 0%. Fed to buy mortgage back securities which will bring the spreads in line and allow people to get 30 yr fixed mortgages for under 4% in the next 2-3 months. The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]

[no_such_reality]

Japan’s lost decade.

[quote=schizo2buyORnot]No words necessary here. Read the headlines. Fed funds to 0%. Fed to buy mortgage back securities which will bring the spreads in line and allow people to get 30 yr fixed mortgages for under 4% in the next 2-3 months. The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]

[jpinpb]

I bow to everyone else on this board. I just try to pay attention and learn.

With the talk of Japan, I vaguely remember during their recession they reduced interest rates to 0%.

My question: How is our economy different/better?
How will reducing the rate to 0% help us? Or are we just destined and doomed to follow in Japan’s footsteps? Can we not learn from others’ mistakes?

Didn’t their economy take a decade to recover?

[jpinpb]

I bow to everyone else on this board. I just try to pay attention and learn.

With the talk of Japan, I vaguely remember during their recession they reduced interest rates to 0%.

My question: How is our economy different/better?
How will reducing the rate to 0% help us? Or are we just destined and doomed to follow in Japan’s footsteps? Can we not learn from others’ mistakes?

Didn’t their economy take a decade to recover?

[jpinpb]

I bow to everyone else on this board. I just try to pay attention and learn.

With the talk of Japan, I vaguely remember during their recession they reduced interest rates to 0%.

My question: How is our economy different/better?
How will reducing the rate to 0% help us? Or are we just destined and doomed to follow in Japan’s footsteps? Can we not learn from others’ mistakes?

Didn’t their economy take a decade to recover?

[jpinpb]

I bow to everyone else on this board. I just try to pay attention and learn.

With the talk of Japan, I vaguely remember during their recession they reduced interest rates to 0%.

My question: How is our economy different/better?
How will reducing the rate to 0% help us? Or are we just destined and doomed to follow in Japan’s footsteps? Can we not learn from others’ mistakes?

Didn’t their economy take a decade to recover?

[Author]

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