Forbes: Beware Of A Double-Dip Recession

[sdrealtor]

JC you are exempt. Arraya you look good in silver headgear. Being a realtor has nothing to do anything. I dont care where prices go and with my style/personality I do far better in a down/declining market any way. You are the one lacking commonsense if you beleive what you proposed is possible. You didnt say coordination, you said the fed could release inventory. That is nonsense. Sure the feds can aid and abet things but they do not have the ability to withhold inventory from the market any more than they could stop you from selling your tinfoil hats on the street corner.

[JC]

I appreciate the pass on the grouping, but I honestly like the contributions Arraya and Scaredy make. I often don’t agree with them, but I like that we are all encouraged to post varying viewpoints. I do like that you challenge thsee folks and others, but not so crazy about the name calling.

Ok, climbing off the stupid soap box. What do you think about the possibility of a double-dip? (Apologies if you have already posted on this and I have missed it).

[JC]

I appreciate the pass on the grouping, but I honestly like the contributions Arraya and Scaredy make. I often don’t agree with them, but I like that we are all encouraged to post varying viewpoints. I do like that you challenge thsee folks and others, but not so crazy about the name calling.

Ok, climbing off the stupid soap box. What do you think about the possibility of a double-dip? (Apologies if you have already posted on this and I have missed it).

[JC]

I appreciate the pass on the grouping, but I honestly like the contributions Arraya and Scaredy make. I often don’t agree with them, but I like that we are all encouraged to post varying viewpoints. I do like that you challenge thsee folks and others, but not so crazy about the name calling.

Ok, climbing off the stupid soap box. What do you think about the possibility of a double-dip? (Apologies if you have already posted on this and I have missed it).

[JC]

I appreciate the pass on the grouping, but I honestly like the contributions Arraya and Scaredy make. I often don’t agree with them, but I like that we are all encouraged to post varying viewpoints. I do like that you challenge thsee folks and others, but not so crazy about the name calling.

Ok, climbing off the stupid soap box. What do you think about the possibility of a double-dip? (Apologies if you have already posted on this and I have missed it).

[JC]

I appreciate the pass on the grouping, but I honestly like the contributions Arraya and Scaredy make. I often don’t agree with them, but I like that we are all encouraged to post varying viewpoints. I do like that you challenge thsee folks and others, but not so crazy about the name calling.

Ok, climbing off the stupid soap box. What do you think about the possibility of a double-dip? (Apologies if you have already posted on this and I have missed it).

[outtamojo]

[quote=sdrealtor]JC you are exempt. Arraya you look good in silver headgear. Being a realtor has nothing to do anything. I dont care where prices go and with my style/personality I do far better in a down/declining market any way. You are the one lacking commonsense if you beleive what you proposed is possible. You didnt say coordination, you said the fed could release inventory. That is nonsense. Sure the feds can aid and abet things but they do not have the ability to withhold inventory from the market any more than they could stop you from selling your tinfoil hats on the street corner.[/quote]

I’ve always wondered about this “control of inventory”. It’s always went like this:

1.Banks don’t bother sending NOD’s for years to the free rent hordes.
2. Banks put off trustee sales for years.
3. Back to bene inventory is withheld from market forever.

When I suppose that banks can do all that, I think, gee, maybe I oughtta rethink the idea that foreclosure/bank inventory is distressed. Seems like for whatever reason( and I’ve heard them all ad nauseum) banks can hold onto houses far longer than the majority of nonbank sellers.

[outtamojo]

[quote=sdrealtor]JC you are exempt. Arraya you look good in silver headgear. Being a realtor has nothing to do anything. I dont care where prices go and with my style/personality I do far better in a down/declining market any way. You are the one lacking commonsense if you beleive what you proposed is possible. You didnt say coordination, you said the fed could release inventory. That is nonsense. Sure the feds can aid and abet things but they do not have the ability to withhold inventory from the market any more than they could stop you from selling your tinfoil hats on the street corner.[/quote]

I’ve always wondered about this “control of inventory”. It’s always went like this:

1.Banks don’t bother sending NOD’s for years to the free rent hordes.
2. Banks put off trustee sales for years.
3. Back to bene inventory is withheld from market forever.

When I suppose that banks can do all that, I think, gee, maybe I oughtta rethink the idea that foreclosure/bank inventory is distressed. Seems like for whatever reason( and I’ve heard them all ad nauseum) banks can hold onto houses far longer than the majority of nonbank sellers.

[outtamojo]

[quote=sdrealtor]JC you are exempt. Arraya you look good in silver headgear. Being a realtor has nothing to do anything. I dont care where prices go and with my style/personality I do far better in a down/declining market any way. You are the one lacking commonsense if you beleive what you proposed is possible. You didnt say coordination, you said the fed could release inventory. That is nonsense. Sure the feds can aid and abet things but they do not have the ability to withhold inventory from the market any more than they could stop you from selling your tinfoil hats on the street corner.[/quote]

I’ve always wondered about this “control of inventory”. It’s always went like this:

1.Banks don’t bother sending NOD’s for years to the free rent hordes.
2. Banks put off trustee sales for years.
3. Back to bene inventory is withheld from market forever.

When I suppose that banks can do all that, I think, gee, maybe I oughtta rethink the idea that foreclosure/bank inventory is distressed. Seems like for whatever reason( and I’ve heard them all ad nauseum) banks can hold onto houses far longer than the majority of nonbank sellers.

[outtamojo]

[quote=sdrealtor]JC you are exempt. Arraya you look good in silver headgear. Being a realtor has nothing to do anything. I dont care where prices go and with my style/personality I do far better in a down/declining market any way. You are the one lacking commonsense if you beleive what you proposed is possible. You didnt say coordination, you said the fed could release inventory. That is nonsense. Sure the feds can aid and abet things but they do not have the ability to withhold inventory from the market any more than they could stop you from selling your tinfoil hats on the street corner.[/quote]

I’ve always wondered about this “control of inventory”. It’s always went like this:

1.Banks don’t bother sending NOD’s for years to the free rent hordes.
2. Banks put off trustee sales for years.
3. Back to bene inventory is withheld from market forever.

When I suppose that banks can do all that, I think, gee, maybe I oughtta rethink the idea that foreclosure/bank inventory is distressed. Seems like for whatever reason( and I’ve heard them all ad nauseum) banks can hold onto houses far longer than the majority of nonbank sellers.

[outtamojo]

[quote=sdrealtor]JC you are exempt. Arraya you look good in silver headgear. Being a realtor has nothing to do anything. I dont care where prices go and with my style/personality I do far better in a down/declining market any way. You are the one lacking commonsense if you beleive what you proposed is possible. You didnt say coordination, you said the fed could release inventory. That is nonsense. Sure the feds can aid and abet things but they do not have the ability to withhold inventory from the market any more than they could stop you from selling your tinfoil hats on the street corner.[/quote]

I’ve always wondered about this “control of inventory”. It’s always went like this:

1.Banks don’t bother sending NOD’s for years to the free rent hordes.
2. Banks put off trustee sales for years.
3. Back to bene inventory is withheld from market forever.

When I suppose that banks can do all that, I think, gee, maybe I oughtta rethink the idea that foreclosure/bank inventory is distressed. Seems like for whatever reason( and I’ve heard them all ad nauseum) banks can hold onto houses far longer than the majority of nonbank sellers.

[socrattt]

sdr, I am thinking the argument here isn’t so much that the FED is in control of the RE markets, but that the FED does have some control over inventory, whether direct or indirect. Those who now believe that our politicians are here to benefit the people and that are economic system has some sort of stability are the ones wearing the tin foil hats these days. It’s not a conspiracy theory to think the FED manipulates just about every sector that interferes or affects lending and the value of the dollar. It’s fact.

I went to a luncheon with Steve Forbes last week and had a chance to hear his take on the US economy. He was a pessimist to say the least. He thought we were heading down a very grim road in many aspects.

I am not as much a conspiracy theorist as I am a realist. We, as Americans, are programmed to spend, which is the driving force of this economy. This in itself is very problematic for our current economic status. Unless we make some major changes in this country I don’t believe America can remain sustainable from an economic standpoint. If this deserves a tin foil hat, sign me up!!

[socrattt]

sdr, I am thinking the argument here isn’t so much that the FED is in control of the RE markets, but that the FED does have some control over inventory, whether direct or indirect. Those who now believe that our politicians are here to benefit the people and that are economic system has some sort of stability are the ones wearing the tin foil hats these days. It’s not a conspiracy theory to think the FED manipulates just about every sector that interferes or affects lending and the value of the dollar. It’s fact.

I went to a luncheon with Steve Forbes last week and had a chance to hear his take on the US economy. He was a pessimist to say the least. He thought we were heading down a very grim road in many aspects.

I am not as much a conspiracy theorist as I am a realist. We, as Americans, are programmed to spend, which is the driving force of this economy. This in itself is very problematic for our current economic status. Unless we make some major changes in this country I don’t believe America can remain sustainable from an economic standpoint. If this deserves a tin foil hat, sign me up!!

[socrattt]

sdr, I am thinking the argument here isn’t so much that the FED is in control of the RE markets, but that the FED does have some control over inventory, whether direct or indirect. Those who now believe that our politicians are here to benefit the people and that are economic system has some sort of stability are the ones wearing the tin foil hats these days. It’s not a conspiracy theory to think the FED manipulates just about every sector that interferes or affects lending and the value of the dollar. It’s fact.

I went to a luncheon with Steve Forbes last week and had a chance to hear his take on the US economy. He was a pessimist to say the least. He thought we were heading down a very grim road in many aspects.

I am not as much a conspiracy theorist as I am a realist. We, as Americans, are programmed to spend, which is the driving force of this economy. This in itself is very problematic for our current economic status. Unless we make some major changes in this country I don’t believe America can remain sustainable from an economic standpoint. If this deserves a tin foil hat, sign me up!!

[socrattt]

sdr, I am thinking the argument here isn’t so much that the FED is in control of the RE markets, but that the FED does have some control over inventory, whether direct or indirect. Those who now believe that our politicians are here to benefit the people and that are economic system has some sort of stability are the ones wearing the tin foil hats these days. It’s not a conspiracy theory to think the FED manipulates just about every sector that interferes or affects lending and the value of the dollar. It’s fact.

I went to a luncheon with Steve Forbes last week and had a chance to hear his take on the US economy. He was a pessimist to say the least. He thought we were heading down a very grim road in many aspects.

I am not as much a conspiracy theorist as I am a realist. We, as Americans, are programmed to spend, which is the driving force of this economy. This in itself is very problematic for our current economic status. Unless we make some major changes in this country I don’t believe America can remain sustainable from an economic standpoint. If this deserves a tin foil hat, sign me up!!

[Author]

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