Is the Slump Over Yet?

[safigueroa12]

All,

I can’t wait until this nightmare is over, We got trapped in the middle and we are renting for now…..Home for family of five puts pressure in the situation.

See and comment.

http://finance.yahoo.com/loans/article/104104/Is-the-Slump-Over-Yet;_ylt=Ai5.zLJJL0qzOjrOOt.YuR67YWsA

Thanks,

[paramount]

I heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.

[Ex-SD]

The downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.

[safigueroa12]

Great!
All I have to do is tell my wife and three kids that we are buying until 2012.
This is a [email protected]#[email protected] mess!

SAF

[Anonymous]

Or you can move to a non-bubble city and buy a house immediately.

[safigueroa12]

Please list cities.

Thanks,

SAF

[Ex-SD]

Most cities in the south like Charlotte, NC……….. Atlanta, GA ……………Greenville & Spartanburg, SC and many, many, many more. Most cities in the mid-west and plenty more around the country. There’s a plethora of info about good places to live that weren’t affected by the housing bubble syndrome on the internet.

[Ex-SD]

Most cities in the south like Charlotte, NC……….. Atlanta, GA ……………Greenville & Spartanburg, SC and many, many, many more. Most cities in the mid-west and plenty more around the country. There’s a plethora of info about good places to live that weren’t affected by the housing bubble syndrome on the internet.

[Ex-SD]

Most cities in the south like Charlotte, NC……….. Atlanta, GA ……………Greenville & Spartanburg, SC and many, many, many more. Most cities in the mid-west and plenty more around the country. There’s a plethora of info about good places to live that weren’t affected by the housing bubble syndrome on the internet.

[Ex-SD]

Most cities in the south like Charlotte, NC……….. Atlanta, GA ……………Greenville & Spartanburg, SC and many, many, many more. Most cities in the mid-west and plenty more around the country. There’s a plethora of info about good places to live that weren’t affected by the housing bubble syndrome on the internet.

[Ex-SD]

Most cities in the south like Charlotte, NC……….. Atlanta, GA ……………Greenville & Spartanburg, SC and many, many, many more. Most cities in the mid-west and plenty more around the country. There’s a plethora of info about good places to live that weren’t affected by the housing bubble syndrome on the internet.

[safigueroa12]

Please list cities.

Thanks,

SAF

[safigueroa12]

Please list cities.

Thanks,

SAF

[safigueroa12]

Please list cities.

Thanks,

SAF

[safigueroa12]

Please list cities.

Thanks,

SAF

[Anonymous]

Or you can move to a non-bubble city and buy a house immediately.

[Anonymous]

Or you can move to a non-bubble city and buy a house immediately.

[Anonymous]

Or you can move to a non-bubble city and buy a house immediately.

[Anonymous]

Or you can move to a non-bubble city and buy a house immediately.

[safigueroa12]

Great!
All I have to do is tell my wife and three kids that we are buying until 2012.
This is a [email protected]#[email protected] mess!

SAF

[safigueroa12]

Great!
All I have to do is tell my wife and three kids that we are buying until 2012.
This is a [email protected]#[email protected] mess!

SAF

[safigueroa12]

Great!
All I have to do is tell my wife and three kids that we are buying until 2012.
This is a [email protected]#[email protected] mess!

SAF

[safigueroa12]

Great!
All I have to do is tell my wife and three kids that we are buying until 2012.
This is a [email protected]#[email protected] mess!

SAF

[Ex-SD]

The downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.

[Ex-SD]

The downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.

[Ex-SD]

The downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.

[Ex-SD]

The downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.

[paramount]

I heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.

[paramount]

I heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.

[paramount]

I heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.

[paramount]

I heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.

[Fearful]

Sorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.

Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.

All that must be repaid, and all must be readjusted. The process will take a very long time.

[Fearful]

Sorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.

Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.

All that must be repaid, and all must be readjusted. The process will take a very long time.

[Fearful]

Sorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.

Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.

All that must be repaid, and all must be readjusted. The process will take a very long time.

[Fearful]

Sorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.

Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.

All that must be repaid, and all must be readjusted. The process will take a very long time.

[Fearful]

Sorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.

Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.

All that must be repaid, and all must be readjusted. The process will take a very long time.

[DWCAP]

Safi,

Simple, look to the midwest. CNN.com and the like always have some kinda 10 best cities to live in that relates to a real cost of living. Indianapolis, Denver, St. Louis, Charlotte, are often on these lists. Denver is kinda introuble/postbubbly right now, but Charlotte is always the NAR poster child that prices are still ok and the all clear should be sounded.
If moving to the flatlands isnt acceptable, Rent. With prices falling and most economists that are willing to speak the truth saying 3-6years of falling or stagnant prices, you are getting ahead by Renting. Try out a different neighborhood, better schools for the kids, or a bigger house than you could afford to buy.
I think some people here and even more so in our society blame renting with all their problems and describe bliss as homeownership. “my walls are green, and damnit it cost me $100000, but I dont have to look at plain white walls!” or my personal favorite “Renting sucks because my wife wants to have dinner parties and entertain, but we just cant buy right now.” HUH?!?! If you cant RENT a house big enough to entertain in, you cant buy one. And if your friends really care that you rent and they own, just explain to them that you will tell them all about it when you get back from Hawaii with all the $$ you arnt paying in morgage and then dont ever call them again. They arnt friends.

[safigueroa12]

Thank you all.

I guess I am moving into a rental home by June.

I will ride 2008 as a renter. The Feds and the state are going to love me but I rather pay more taxes than to be upside down with a house.

SAF

[safigueroa12]

Thank you all.

I guess I am moving into a rental home by June.

I will ride 2008 as a renter. The Feds and the state are going to love me but I rather pay more taxes than to be upside down with a house.

SAF

[safigueroa12]

Thank you all.

I guess I am moving into a rental home by June.

I will ride 2008 as a renter. The Feds and the state are going to love me but I rather pay more taxes than to be upside down with a house.

SAF

[safigueroa12]

Thank you all.

I guess I am moving into a rental home by June.

I will ride 2008 as a renter. The Feds and the state are going to love me but I rather pay more taxes than to be upside down with a house.

SAF

[safigueroa12]

Thank you all.

I guess I am moving into a rental home by June.

I will ride 2008 as a renter. The Feds and the state are going to love me but I rather pay more taxes than to be upside down with a house.

SAF

[DWCAP]

Safi,

Simple, look to the midwest. CNN.com and the like always have some kinda 10 best cities to live in that relates to a real cost of living. Indianapolis, Denver, St. Louis, Charlotte, are often on these lists. Denver is kinda introuble/postbubbly right now, but Charlotte is always the NAR poster child that prices are still ok and the all clear should be sounded.
If moving to the flatlands isnt acceptable, Rent. With prices falling and most economists that are willing to speak the truth saying 3-6years of falling or stagnant prices, you are getting ahead by Renting. Try out a different neighborhood, better schools for the kids, or a bigger house than you could afford to buy.
I think some people here and even more so in our society blame renting with all their problems and describe bliss as homeownership. “my walls are green, and damnit it cost me $100000, but I dont have to look at plain white walls!” or my personal favorite “Renting sucks because my wife wants to have dinner parties and entertain, but we just cant buy right now.” HUH?!?! If you cant RENT a house big enough to entertain in, you cant buy one. And if your friends really care that you rent and they own, just explain to them that you will tell them all about it when you get back from Hawaii with all the $$ you arnt paying in morgage and then dont ever call them again. They arnt friends.

[DWCAP]

Safi,

Simple, look to the midwest. CNN.com and the like always have some kinda 10 best cities to live in that relates to a real cost of living. Indianapolis, Denver, St. Louis, Charlotte, are often on these lists. Denver is kinda introuble/postbubbly right now, but Charlotte is always the NAR poster child that prices are still ok and the all clear should be sounded.
If moving to the flatlands isnt acceptable, Rent. With prices falling and most economists that are willing to speak the truth saying 3-6years of falling or stagnant prices, you are getting ahead by Renting. Try out a different neighborhood, better schools for the kids, or a bigger house than you could afford to buy.
I think some people here and even more so in our society blame renting with all their problems and describe bliss as homeownership. “my walls are green, and damnit it cost me $100000, but I dont have to look at plain white walls!” or my personal favorite “Renting sucks because my wife wants to have dinner parties and entertain, but we just cant buy right now.” HUH?!?! If you cant RENT a house big enough to entertain in, you cant buy one. And if your friends really care that you rent and they own, just explain to them that you will tell them all about it when you get back from Hawaii with all the $$ you arnt paying in morgage and then dont ever call them again. They arnt friends.

[DWCAP]

Safi,

Simple, look to the midwest. CNN.com and the like always have some kinda 10 best cities to live in that relates to a real cost of living. Indianapolis, Denver, St. Louis, Charlotte, are often on these lists. Denver is kinda introuble/postbubbly right now, but Charlotte is always the NAR poster child that prices are still ok and the all clear should be sounded.
If moving to the flatlands isnt acceptable, Rent. With prices falling and most economists that are willing to speak the truth saying 3-6years of falling or stagnant prices, you are getting ahead by Renting. Try out a different neighborhood, better schools for the kids, or a bigger house than you could afford to buy.
I think some people here and even more so in our society blame renting with all their problems and describe bliss as homeownership. “my walls are green, and damnit it cost me $100000, but I dont have to look at plain white walls!” or my personal favorite “Renting sucks because my wife wants to have dinner parties and entertain, but we just cant buy right now.” HUH?!?! If you cant RENT a house big enough to entertain in, you cant buy one. And if your friends really care that you rent and they own, just explain to them that you will tell them all about it when you get back from Hawaii with all the $$ you arnt paying in morgage and then dont ever call them again. They arnt friends.

[DWCAP]

Safi,

Simple, look to the midwest. CNN.com and the like always have some kinda 10 best cities to live in that relates to a real cost of living. Indianapolis, Denver, St. Louis, Charlotte, are often on these lists. Denver is kinda introuble/postbubbly right now, but Charlotte is always the NAR poster child that prices are still ok and the all clear should be sounded.
If moving to the flatlands isnt acceptable, Rent. With prices falling and most economists that are willing to speak the truth saying 3-6years of falling or stagnant prices, you are getting ahead by Renting. Try out a different neighborhood, better schools for the kids, or a bigger house than you could afford to buy.
I think some people here and even more so in our society blame renting with all their problems and describe bliss as homeownership. “my walls are green, and damnit it cost me $100000, but I dont have to look at plain white walls!” or my personal favorite “Renting sucks because my wife wants to have dinner parties and entertain, but we just cant buy right now.” HUH?!?! If you cant RENT a house big enough to entertain in, you cant buy one. And if your friends really care that you rent and they own, just explain to them that you will tell them all about it when you get back from Hawaii with all the $$ you arnt paying in morgage and then dont ever call them again. They arnt friends.

[cr]

Keep in mind the people calling 2008 the bottom, and there are even some saying 2009, are the ones who coined the phrase “soft landing” and claim the worst is behind us all the way down. They did it last year after a single month uptick in any data they choose to maniuplate.

This thing will go down as long as it went up, and with government interference, it will take even longer to correct, but it WILL correct.

See Rich’s latest post and you’ll see a reason why.

[nostradamus]

safigueroa12 the tax advantages of owning are nowhere near justifying the cost of purchasing a home vs. renting it. That is an almost negligible concern unless you were planning on declaring the home a business asset on which you can claim depreciation (which you can feel sure will be major).

[safigueroa12]

nostradamus,

I agree with the input, but you got to agree that is nice to itemize rather than use the standard deduction. In this case the risk of depreciation if almost certain and I would hate to buy for $400K and be at $300K or $250K within 2 to 3 years. The additional taxes are insignificant when compare the current mess the house market is in.
Explaining this to my wife is no easy believe me……

SAFI

[Anonymous]

Move to Houston. Very low homeprices, relatively high income for professional workers and no state taxes.

[nostradamus]

safigueroa12 you are right. Itemizing a mortgage deduction is nice but that happens after you’ve bought a house, put a load of money down, and payed a year’s worth of mortgage bills on a depreciating asset…

If your wife is pressuring you just tell her you’ll save $X amount (make X big) and can buy a much better, bigger dream house in a few years than you can now.

For $500k today you can live in this

Or for $200k in a few weeks you can live in this.

OK maybe it’s a slight exaggeration but you get the idea.

[safigueroa12]

nostradamus,

You are a funny character.
I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

SAF

[masayako]

The real question is:

Is the Slump Started Yet?

[safigueroa12]

It sure has… at least in the SF Valley area.
3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
Buying today is trying to catch a falling knife!
Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

SAF

[safigueroa12]

It sure has… at least in the SF Valley area.
3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
Buying today is trying to catch a falling knife!
Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

SAF

[safigueroa12]

It sure has… at least in the SF Valley area.
3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
Buying today is trying to catch a falling knife!
Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

SAF

[safigueroa12]

It sure has… at least in the SF Valley area.
3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
Buying today is trying to catch a falling knife!
Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

SAF

[safigueroa12]

It sure has… at least in the SF Valley area.
3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
Buying today is trying to catch a falling knife!
Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

SAF

[masayako]

The real question is:

Is the Slump Started Yet?

[masayako]

The real question is:

Is the Slump Started Yet?

[masayako]

The real question is:

Is the Slump Started Yet?

[masayako]

The real question is:

Is the Slump Started Yet?

[safigueroa12]

nostradamus,

You are a funny character.
I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

SAF

[safigueroa12]

nostradamus,

You are a funny character.
I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

SAF

[safigueroa12]

nostradamus,

You are a funny character.
I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

SAF

[safigueroa12]

nostradamus,

You are a funny character.
I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

SAF

[nostradamus]

safigueroa12 you are right. Itemizing a mortgage deduction is nice but that happens after you’ve bought a house, put a load of money down, and payed a year’s worth of mortgage bills on a depreciating asset…

If your wife is pressuring you just tell her you’ll save $X amount (make X big) and can buy a much better, bigger dream house in a few years than you can now.

For $500k today you can live in this

Or for $200k in a few weeks you can live in this.

OK maybe it’s a slight exaggeration but you get the idea.

[nostradamus]

safigueroa12 you are right. Itemizing a mortgage deduction is nice but that happens after you’ve bought a house, put a load of money down, and payed a year’s worth of mortgage bills on a depreciating asset…

If your wife is pressuring you just tell her you’ll save $X amount (make X big) and can buy a much better, bigger dream house in a few years than you can now.

For $500k today you can live in this

Or for $200k in a few weeks you can live in this.

OK maybe it’s a slight exaggeration but you get the idea.

[nostradamus]

safigueroa12 you are right. Itemizing a mortgage deduction is nice but that happens after you’ve bought a house, put a load of money down, and payed a year’s worth of mortgage bills on a depreciating asset…

If your wife is pressuring you just tell her you’ll save $X amount (make X big) and can buy a much better, bigger dream house in a few years than you can now.

For $500k today you can live in this

Or for $200k in a few weeks you can live in this.

OK maybe it’s a slight exaggeration but you get the idea.

[nostradamus]

safigueroa12 you are right. Itemizing a mortgage deduction is nice but that happens after you’ve bought a house, put a load of money down, and payed a year’s worth of mortgage bills on a depreciating asset…

If your wife is pressuring you just tell her you’ll save $X amount (make X big) and can buy a much better, bigger dream house in a few years than you can now.

For $500k today you can live in this

Or for $200k in a few weeks you can live in this.

OK maybe it’s a slight exaggeration but you get the idea.

[safigueroa12]

No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

SAF

[safigueroa12]

No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

SAF

[safigueroa12]

No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

SAF

[safigueroa12]

No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

SAF

[safigueroa12]

No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

SAF

[Anonymous]

Move to Houston. Very low homeprices, relatively high income for professional workers and no state taxes.

[Anonymous]

Move to Houston. Very low homeprices, relatively high income for professional workers and no state taxes.

[Anonymous]

Move to Houston. Very low homeprices, relatively high income for professional workers and no state taxes.

[Anonymous]

Move to Houston. Very low homeprices, relatively high income for professional workers and no state taxes.

[safigueroa12]

nostradamus,

I agree with the input, but you got to agree that is nice to itemize rather than use the standard deduction. In this case the risk of depreciation if almost certain and I would hate to buy for $400K and be at $300K or $250K within 2 to 3 years. The additional taxes are insignificant when compare the current mess the house market is in.
Explaining this to my wife is no easy believe me……

SAFI

[safigueroa12]

nostradamus,

I agree with the input, but you got to agree that is nice to itemize rather than use the standard deduction. In this case the risk of depreciation if almost certain and I would hate to buy for $400K and be at $300K or $250K within 2 to 3 years. The additional taxes are insignificant when compare the current mess the house market is in.
Explaining this to my wife is no easy believe me……

SAFI

[safigueroa12]

nostradamus,

I agree with the input, but you got to agree that is nice to itemize rather than use the standard deduction. In this case the risk of depreciation if almost certain and I would hate to buy for $400K and be at $300K or $250K within 2 to 3 years. The additional taxes are insignificant when compare the current mess the house market is in.
Explaining this to my wife is no easy believe me……

SAFI

[safigueroa12]

nostradamus,

I agree with the input, but you got to agree that is nice to itemize rather than use the standard deduction. In this case the risk of depreciation if almost certain and I would hate to buy for $400K and be at $300K or $250K within 2 to 3 years. The additional taxes are insignificant when compare the current mess the house market is in.
Explaining this to my wife is no easy believe me……

SAFI

[nostradamus]

safigueroa12 the tax advantages of owning are nowhere near justifying the cost of purchasing a home vs. renting it. That is an almost negligible concern unless you were planning on declaring the home a business asset on which you can claim depreciation (which you can feel sure will be major).

[nostradamus]

safigueroa12 the tax advantages of owning are nowhere near justifying the cost of purchasing a home vs. renting it. That is an almost negligible concern unless you were planning on declaring the home a business asset on which you can claim depreciation (which you can feel sure will be major).

[nostradamus]

safigueroa12 the tax advantages of owning are nowhere near justifying the cost of purchasing a home vs. renting it. That is an almost negligible concern unless you were planning on declaring the home a business asset on which you can claim depreciation (which you can feel sure will be major).

[nostradamus]

safigueroa12 the tax advantages of owning are nowhere near justifying the cost of purchasing a home vs. renting it. That is an almost negligible concern unless you were planning on declaring the home a business asset on which you can claim depreciation (which you can feel sure will be major).

[cr]

Keep in mind the people calling 2008 the bottom, and there are even some saying 2009, are the ones who coined the phrase “soft landing” and claim the worst is behind us all the way down. They did it last year after a single month uptick in any data they choose to maniuplate.

This thing will go down as long as it went up, and with government interference, it will take even longer to correct, but it WILL correct.

See Rich’s latest post and you’ll see a reason why.

[cr]

Keep in mind the people calling 2008 the bottom, and there are even some saying 2009, are the ones who coined the phrase “soft landing” and claim the worst is behind us all the way down. They did it last year after a single month uptick in any data they choose to maniuplate.

This thing will go down as long as it went up, and with government interference, it will take even longer to correct, but it WILL correct.

See Rich’s latest post and you’ll see a reason why.

[cr]

Keep in mind the people calling 2008 the bottom, and there are even some saying 2009, are the ones who coined the phrase “soft landing” and claim the worst is behind us all the way down. They did it last year after a single month uptick in any data they choose to maniuplate.

This thing will go down as long as it went up, and with government interference, it will take even longer to correct, but it WILL correct.

See Rich’s latest post and you’ll see a reason why.

[cr]

Keep in mind the people calling 2008 the bottom, and there are even some saying 2009, are the ones who coined the phrase “soft landing” and claim the worst is behind us all the way down. They did it last year after a single month uptick in any data they choose to maniuplate.

This thing will go down as long as it went up, and with government interference, it will take even longer to correct, but it WILL correct.

See Rich’s latest post and you’ll see a reason why.

[Author]

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