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July 21, 2009 at 7:57 AM #435231July 21, 2009 at 8:04 AM #434496
jpinpb
ParticipantI saw an interesting show on The History Channel last night. I guess it’s been on before and it was a repeat. It was called Crash: The Next Great Depression. It compared now to then. Most stuff we know, a few things I wasn’t aware. In Ohio 23 home loans were made to deceased. Also, I was not aware that back then the government also had a stimulus package and that did nothing. And then they got taxed big time (stand by for that to happen) Of course, we know the war ended up pulling people out of the depression. It was a good comparison, even the Roaring 20’s to the real estate boom.
July 21, 2009 at 8:04 AM #434700jpinpb
ParticipantI saw an interesting show on The History Channel last night. I guess it’s been on before and it was a repeat. It was called Crash: The Next Great Depression. It compared now to then. Most stuff we know, a few things I wasn’t aware. In Ohio 23 home loans were made to deceased. Also, I was not aware that back then the government also had a stimulus package and that did nothing. And then they got taxed big time (stand by for that to happen) Of course, we know the war ended up pulling people out of the depression. It was a good comparison, even the Roaring 20’s to the real estate boom.
July 21, 2009 at 8:04 AM #435015jpinpb
ParticipantI saw an interesting show on The History Channel last night. I guess it’s been on before and it was a repeat. It was called Crash: The Next Great Depression. It compared now to then. Most stuff we know, a few things I wasn’t aware. In Ohio 23 home loans were made to deceased. Also, I was not aware that back then the government also had a stimulus package and that did nothing. And then they got taxed big time (stand by for that to happen) Of course, we know the war ended up pulling people out of the depression. It was a good comparison, even the Roaring 20’s to the real estate boom.
July 21, 2009 at 8:04 AM #435089jpinpb
ParticipantI saw an interesting show on The History Channel last night. I guess it’s been on before and it was a repeat. It was called Crash: The Next Great Depression. It compared now to then. Most stuff we know, a few things I wasn’t aware. In Ohio 23 home loans were made to deceased. Also, I was not aware that back then the government also had a stimulus package and that did nothing. And then they got taxed big time (stand by for that to happen) Of course, we know the war ended up pulling people out of the depression. It was a good comparison, even the Roaring 20’s to the real estate boom.
July 21, 2009 at 8:04 AM #435257jpinpb
ParticipantI saw an interesting show on The History Channel last night. I guess it’s been on before and it was a repeat. It was called Crash: The Next Great Depression. It compared now to then. Most stuff we know, a few things I wasn’t aware. In Ohio 23 home loans were made to deceased. Also, I was not aware that back then the government also had a stimulus package and that did nothing. And then they got taxed big time (stand by for that to happen) Of course, we know the war ended up pulling people out of the depression. It was a good comparison, even the Roaring 20’s to the real estate boom.
July 21, 2009 at 9:09 AM #434516Rich Toscano
KeymasterThanks for the kind words CAR and others. To the OP: Perhaps it will become more exciting once real estate is closer to bottoming out… that will certainly give us all plenty to argue about.
But I agree we will probably never re-capture the “excitement” of being a popular bulwark against a huge, once-in-a-lifetime speculative mania. But life goes on, and the site can morph into something that is still valuable, if less controversial.
Rich
July 21, 2009 at 9:09 AM #434719Rich Toscano
KeymasterThanks for the kind words CAR and others. To the OP: Perhaps it will become more exciting once real estate is closer to bottoming out… that will certainly give us all plenty to argue about.
But I agree we will probably never re-capture the “excitement” of being a popular bulwark against a huge, once-in-a-lifetime speculative mania. But life goes on, and the site can morph into something that is still valuable, if less controversial.
Rich
July 21, 2009 at 9:09 AM #435035Rich Toscano
KeymasterThanks for the kind words CAR and others. To the OP: Perhaps it will become more exciting once real estate is closer to bottoming out… that will certainly give us all plenty to argue about.
But I agree we will probably never re-capture the “excitement” of being a popular bulwark against a huge, once-in-a-lifetime speculative mania. But life goes on, and the site can morph into something that is still valuable, if less controversial.
Rich
July 21, 2009 at 9:09 AM #435109Rich Toscano
KeymasterThanks for the kind words CAR and others. To the OP: Perhaps it will become more exciting once real estate is closer to bottoming out… that will certainly give us all plenty to argue about.
But I agree we will probably never re-capture the “excitement” of being a popular bulwark against a huge, once-in-a-lifetime speculative mania. But life goes on, and the site can morph into something that is still valuable, if less controversial.
Rich
July 21, 2009 at 9:09 AM #435276Rich Toscano
KeymasterThanks for the kind words CAR and others. To the OP: Perhaps it will become more exciting once real estate is closer to bottoming out… that will certainly give us all plenty to argue about.
But I agree we will probably never re-capture the “excitement” of being a popular bulwark against a huge, once-in-a-lifetime speculative mania. But life goes on, and the site can morph into something that is still valuable, if less controversial.
Rich
July 21, 2009 at 9:56 AM #434531peterb
ParticipantThis is why they call them “depressions”. Watching the slow, methodical decline of something gets rather tiresome. Humans are hopeful, so this is depressing to us.
I still remember,very well, the RE decline from 1990 to 1996. By about 1994, no one wanted to talk about RE at all!! Boring, go nowhere, subject. It looks like we’re headed there about now. Two or three years into a decline and people start to lose interest. It’s very normal.July 21, 2009 at 9:56 AM #434734peterb
ParticipantThis is why they call them “depressions”. Watching the slow, methodical decline of something gets rather tiresome. Humans are hopeful, so this is depressing to us.
I still remember,very well, the RE decline from 1990 to 1996. By about 1994, no one wanted to talk about RE at all!! Boring, go nowhere, subject. It looks like we’re headed there about now. Two or three years into a decline and people start to lose interest. It’s very normal.July 21, 2009 at 9:56 AM #435050peterb
ParticipantThis is why they call them “depressions”. Watching the slow, methodical decline of something gets rather tiresome. Humans are hopeful, so this is depressing to us.
I still remember,very well, the RE decline from 1990 to 1996. By about 1994, no one wanted to talk about RE at all!! Boring, go nowhere, subject. It looks like we’re headed there about now. Two or three years into a decline and people start to lose interest. It’s very normal.July 21, 2009 at 9:56 AM #435124peterb
ParticipantThis is why they call them “depressions”. Watching the slow, methodical decline of something gets rather tiresome. Humans are hopeful, so this is depressing to us.
I still remember,very well, the RE decline from 1990 to 1996. By about 1994, no one wanted to talk about RE at all!! Boring, go nowhere, subject. It looks like we’re headed there about now. Two or three years into a decline and people start to lose interest. It’s very normal. -
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