How and When Did You know?

[Enorah]

JWM – Always nice to meet a former Chicagoland resident. I have seen that migration a lot out here – Chicago to California.

[KIBU]

In 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.

You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.

Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.

However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…

[KIBU]

In 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.

You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.

Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.

However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…

[KIBU]

In 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.

You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.

Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.

However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…

[KIBU]

In 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.

You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.

Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.

However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…

[KIBU]

In 2003, I was driving up and down San Diego, Chula Vista, Temecula several times looking for the perfect first home. Prices were going up everywhere and I saw schools of people walking the model houses, houses which looked so nice but I cann’t afford with both income. So I did some research to see if anyone talking about a possible bubble. There was almost no one talking about the bubble at that time except 1. Dean Baker, economist. and 2. the history of buble in 1989.

You will be suprised that almost no one, newspaper, magazines or media was talking anything about the bubble. Only recently that they talk about it.

Then I questioned myself as to how a possible crash would happen beside job market, recession….and how come the banks were giving out big loans so easily. My observation of how banks rebundle loans as investment tool to sell to wallstreet explained a lot and made me certain that the bubble won’t last forever, just wait. That was a long wait.

However, now, I am pretty confused again how high inflation will factor into my decision of 2009, 2010, 2011 versus 2003…and if I made a good decision or not consider how inflation and other socialist government decisions will affect the market…

[kewp]

It was a few things for me.

Seeing a condo up for sale for 750k down the street from a dollar store.

Hearing more than one person mention that they paid their mortgage with home-equity loans.

Living through the dotcom bust and hearing all the same ‘new paradigm’ B.S. before.

[kewp]

It was a few things for me.

Seeing a condo up for sale for 750k down the street from a dollar store.

Hearing more than one person mention that they paid their mortgage with home-equity loans.

Living through the dotcom bust and hearing all the same ‘new paradigm’ B.S. before.

[kewp]

It was a few things for me.

Seeing a condo up for sale for 750k down the street from a dollar store.

Hearing more than one person mention that they paid their mortgage with home-equity loans.

Living through the dotcom bust and hearing all the same ‘new paradigm’ B.S. before.

[kewp]

It was a few things for me.

Seeing a condo up for sale for 750k down the street from a dollar store.

Hearing more than one person mention that they paid their mortgage with home-equity loans.

Living through the dotcom bust and hearing all the same ‘new paradigm’ B.S. before.

[kewp]

It was a few things for me.

Seeing a condo up for sale for 750k down the street from a dollar store.

Hearing more than one person mention that they paid their mortgage with home-equity loans.

Living through the dotcom bust and hearing all the same ‘new paradigm’ B.S. before.

[lindismith]

Kewp, that is so key! Everytime I hear “new paradigm” a red glag goes up, and I realize, I’m about to hear BS.

I was getting a lot of pressure to buy from my parents in 2002-3, so I started researching the market. At that point it was literally shooting up every month! Plus, the inventory was very low. I remember approaching one realtor about a place he had advertised, and when we met up, he said it was sold. “To whom,” I asked, wondering who had beat me to the punch. “Me.” he said. So when I realized I was competing for homes with the very people who were supposed to be helping me buy them, I was definitely in trouble. I came home, googled “San Diego Housing Bubble,” found Rich, and became one of his paying subscribers. That was fall of 2004, and now I count him as my financial adviser. Becoming a Pigg was one of my best moves ever.

[lindismith]

Kewp, that is so key! Everytime I hear “new paradigm” a red glag goes up, and I realize, I’m about to hear BS.

I was getting a lot of pressure to buy from my parents in 2002-3, so I started researching the market. At that point it was literally shooting up every month! Plus, the inventory was very low. I remember approaching one realtor about a place he had advertised, and when we met up, he said it was sold. “To whom,” I asked, wondering who had beat me to the punch. “Me.” he said. So when I realized I was competing for homes with the very people who were supposed to be helping me buy them, I was definitely in trouble. I came home, googled “San Diego Housing Bubble,” found Rich, and became one of his paying subscribers. That was fall of 2004, and now I count him as my financial adviser. Becoming a Pigg was one of my best moves ever.

[lindismith]

Kewp, that is so key! Everytime I hear “new paradigm” a red glag goes up, and I realize, I’m about to hear BS.

I was getting a lot of pressure to buy from my parents in 2002-3, so I started researching the market. At that point it was literally shooting up every month! Plus, the inventory was very low. I remember approaching one realtor about a place he had advertised, and when we met up, he said it was sold. “To whom,” I asked, wondering who had beat me to the punch. “Me.” he said. So when I realized I was competing for homes with the very people who were supposed to be helping me buy them, I was definitely in trouble. I came home, googled “San Diego Housing Bubble,” found Rich, and became one of his paying subscribers. That was fall of 2004, and now I count him as my financial adviser. Becoming a Pigg was one of my best moves ever.

[lindismith]

Kewp, that is so key! Everytime I hear “new paradigm” a red glag goes up, and I realize, I’m about to hear BS.

I was getting a lot of pressure to buy from my parents in 2002-3, so I started researching the market. At that point it was literally shooting up every month! Plus, the inventory was very low. I remember approaching one realtor about a place he had advertised, and when we met up, he said it was sold. “To whom,” I asked, wondering who had beat me to the punch. “Me.” he said. So when I realized I was competing for homes with the very people who were supposed to be helping me buy them, I was definitely in trouble. I came home, googled “San Diego Housing Bubble,” found Rich, and became one of his paying subscribers. That was fall of 2004, and now I count him as my financial adviser. Becoming a Pigg was one of my best moves ever.

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