- This topic has 315 replies, 22 voices, and was last updated 15 years, 10 months ago by svelte.
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February 15, 2009 at 11:46 PM #347594February 16, 2009 at 8:33 AM #347122NotCrankyParticipant
Dan, I apologize for the smoking comments and others that may have bothered you. I don’t smoke either…yet.
February 16, 2009 at 8:33 AM #347443NotCrankyParticipantDan, I apologize for the smoking comments and others that may have bothered you. I don’t smoke either…yet.
February 16, 2009 at 8:33 AM #347557NotCrankyParticipantDan, I apologize for the smoking comments and others that may have bothered you. I don’t smoke either…yet.
February 16, 2009 at 8:33 AM #347591NotCrankyParticipantDan, I apologize for the smoking comments and others that may have bothered you. I don’t smoke either…yet.
February 16, 2009 at 8:33 AM #347689NotCrankyParticipantDan, I apologize for the smoking comments and others that may have bothered you. I don’t smoke either…yet.
February 16, 2009 at 10:22 AM #347217Rt.66ParticipantBrian wrote:
“…too many retiring baby boomers with pensions.”
—————-LOL!! Wow, do you read the news? Who’s gonna have a pension or retirement or job when this is all over with? Then who will pay $400k for that musty smelling 50 year old house in San Diego? an additional 45% is in the bag (see Japan for proof)
Great post macromaniac! I love it too, and can’t agree more. They can stimulate all they want but they can’t make us spend/waste. We already have all the Chinese crap we will need for a lifetime.
This country feels like the Matrix and the consumer is wired into Wall Street, Washington and the Govenator’s generators.
Its freaking infuriating to hear Obama over and over and over talking about getting credit flowing to main street. BS! What about higher wages so we don’t need to borrow and feed the banker machine?
Gee, what’s wrong with $50k houses so we can maybe own a home in the real sense and not just rent from banks forever?
This Government can take its spending stimulus and credit crack and shove it!!
February 16, 2009 at 10:22 AM #347538Rt.66ParticipantBrian wrote:
“…too many retiring baby boomers with pensions.”
—————-LOL!! Wow, do you read the news? Who’s gonna have a pension or retirement or job when this is all over with? Then who will pay $400k for that musty smelling 50 year old house in San Diego? an additional 45% is in the bag (see Japan for proof)
Great post macromaniac! I love it too, and can’t agree more. They can stimulate all they want but they can’t make us spend/waste. We already have all the Chinese crap we will need for a lifetime.
This country feels like the Matrix and the consumer is wired into Wall Street, Washington and the Govenator’s generators.
Its freaking infuriating to hear Obama over and over and over talking about getting credit flowing to main street. BS! What about higher wages so we don’t need to borrow and feed the banker machine?
Gee, what’s wrong with $50k houses so we can maybe own a home in the real sense and not just rent from banks forever?
This Government can take its spending stimulus and credit crack and shove it!!
February 16, 2009 at 10:22 AM #347653Rt.66ParticipantBrian wrote:
“…too many retiring baby boomers with pensions.”
—————-LOL!! Wow, do you read the news? Who’s gonna have a pension or retirement or job when this is all over with? Then who will pay $400k for that musty smelling 50 year old house in San Diego? an additional 45% is in the bag (see Japan for proof)
Great post macromaniac! I love it too, and can’t agree more. They can stimulate all they want but they can’t make us spend/waste. We already have all the Chinese crap we will need for a lifetime.
This country feels like the Matrix and the consumer is wired into Wall Street, Washington and the Govenator’s generators.
Its freaking infuriating to hear Obama over and over and over talking about getting credit flowing to main street. BS! What about higher wages so we don’t need to borrow and feed the banker machine?
Gee, what’s wrong with $50k houses so we can maybe own a home in the real sense and not just rent from banks forever?
This Government can take its spending stimulus and credit crack and shove it!!
February 16, 2009 at 10:22 AM #347687Rt.66ParticipantBrian wrote:
“…too many retiring baby boomers with pensions.”
—————-LOL!! Wow, do you read the news? Who’s gonna have a pension or retirement or job when this is all over with? Then who will pay $400k for that musty smelling 50 year old house in San Diego? an additional 45% is in the bag (see Japan for proof)
Great post macromaniac! I love it too, and can’t agree more. They can stimulate all they want but they can’t make us spend/waste. We already have all the Chinese crap we will need for a lifetime.
This country feels like the Matrix and the consumer is wired into Wall Street, Washington and the Govenator’s generators.
Its freaking infuriating to hear Obama over and over and over talking about getting credit flowing to main street. BS! What about higher wages so we don’t need to borrow and feed the banker machine?
Gee, what’s wrong with $50k houses so we can maybe own a home in the real sense and not just rent from banks forever?
This Government can take its spending stimulus and credit crack and shove it!!
February 16, 2009 at 10:22 AM #347785Rt.66ParticipantBrian wrote:
“…too many retiring baby boomers with pensions.”
—————-LOL!! Wow, do you read the news? Who’s gonna have a pension or retirement or job when this is all over with? Then who will pay $400k for that musty smelling 50 year old house in San Diego? an additional 45% is in the bag (see Japan for proof)
Great post macromaniac! I love it too, and can’t agree more. They can stimulate all they want but they can’t make us spend/waste. We already have all the Chinese crap we will need for a lifetime.
This country feels like the Matrix and the consumer is wired into Wall Street, Washington and the Govenator’s generators.
Its freaking infuriating to hear Obama over and over and over talking about getting credit flowing to main street. BS! What about higher wages so we don’t need to borrow and feed the banker machine?
Gee, what’s wrong with $50k houses so we can maybe own a home in the real sense and not just rent from banks forever?
This Government can take its spending stimulus and credit crack and shove it!!
February 16, 2009 at 11:17 AM #347242macromaniacParticipantUrban,
There is more than a single variable to consider in making a home purchasing decision (or at least there should be). How you conduct your business and how and if you communicate to people these variables…well…I don’t know nor is it right for me to judge you personally.
I know there are reputable, honest, and informative Realtors here (Pigs) and in the marketplace. Unfortunately, they are VERY FEW and most people utilize friends and family licensed Realtors to buy homes which is, in my estimation and experience, a mistake 9 times out of 10.
The good thing about the fire we are going through is that it usually causes the dross to rise to the surface and expunges those who are not good at their craft, or those who are not ethical people (Madoff).
Just because something is not tangible does not mean it is not predictable to some extent or that a forecast cannot be made concerning a future value or in this case rent range. That is like saying the unwinding of Bear Stearns was not capable of being predicated until it actually happened. In that case there would be no option trading.
History always repeats itself, human psychology is very predictable when faced with certain stimuli, and there is nothing new under the sun.
There always exceptions in this market, but in GENERAL and speaking from a MACRO view, we still have a lot of downside in the housing market as the EFFECTS of unemployment have not even hit the mortgage arena in terms of DEFAULTS. The last few years of defaults have mainly been due to other factors (no equity can’t refinance).
When you default and have no job….there IS NO MODIFICATION SOLUTION and YOU WALK.
The next wave down will be due to unemployment and this will take us down further….
If your buyer’s are comfortable with these things and still want to pull the trigger for whatever reason then that is there decision.
February 16, 2009 at 11:17 AM #347563macromaniacParticipantUrban,
There is more than a single variable to consider in making a home purchasing decision (or at least there should be). How you conduct your business and how and if you communicate to people these variables…well…I don’t know nor is it right for me to judge you personally.
I know there are reputable, honest, and informative Realtors here (Pigs) and in the marketplace. Unfortunately, they are VERY FEW and most people utilize friends and family licensed Realtors to buy homes which is, in my estimation and experience, a mistake 9 times out of 10.
The good thing about the fire we are going through is that it usually causes the dross to rise to the surface and expunges those who are not good at their craft, or those who are not ethical people (Madoff).
Just because something is not tangible does not mean it is not predictable to some extent or that a forecast cannot be made concerning a future value or in this case rent range. That is like saying the unwinding of Bear Stearns was not capable of being predicated until it actually happened. In that case there would be no option trading.
History always repeats itself, human psychology is very predictable when faced with certain stimuli, and there is nothing new under the sun.
There always exceptions in this market, but in GENERAL and speaking from a MACRO view, we still have a lot of downside in the housing market as the EFFECTS of unemployment have not even hit the mortgage arena in terms of DEFAULTS. The last few years of defaults have mainly been due to other factors (no equity can’t refinance).
When you default and have no job….there IS NO MODIFICATION SOLUTION and YOU WALK.
The next wave down will be due to unemployment and this will take us down further….
If your buyer’s are comfortable with these things and still want to pull the trigger for whatever reason then that is there decision.
February 16, 2009 at 11:17 AM #347678macromaniacParticipantUrban,
There is more than a single variable to consider in making a home purchasing decision (or at least there should be). How you conduct your business and how and if you communicate to people these variables…well…I don’t know nor is it right for me to judge you personally.
I know there are reputable, honest, and informative Realtors here (Pigs) and in the marketplace. Unfortunately, they are VERY FEW and most people utilize friends and family licensed Realtors to buy homes which is, in my estimation and experience, a mistake 9 times out of 10.
The good thing about the fire we are going through is that it usually causes the dross to rise to the surface and expunges those who are not good at their craft, or those who are not ethical people (Madoff).
Just because something is not tangible does not mean it is not predictable to some extent or that a forecast cannot be made concerning a future value or in this case rent range. That is like saying the unwinding of Bear Stearns was not capable of being predicated until it actually happened. In that case there would be no option trading.
History always repeats itself, human psychology is very predictable when faced with certain stimuli, and there is nothing new under the sun.
There always exceptions in this market, but in GENERAL and speaking from a MACRO view, we still have a lot of downside in the housing market as the EFFECTS of unemployment have not even hit the mortgage arena in terms of DEFAULTS. The last few years of defaults have mainly been due to other factors (no equity can’t refinance).
When you default and have no job….there IS NO MODIFICATION SOLUTION and YOU WALK.
The next wave down will be due to unemployment and this will take us down further….
If your buyer’s are comfortable with these things and still want to pull the trigger for whatever reason then that is there decision.
February 16, 2009 at 11:17 AM #347712macromaniacParticipantUrban,
There is more than a single variable to consider in making a home purchasing decision (or at least there should be). How you conduct your business and how and if you communicate to people these variables…well…I don’t know nor is it right for me to judge you personally.
I know there are reputable, honest, and informative Realtors here (Pigs) and in the marketplace. Unfortunately, they are VERY FEW and most people utilize friends and family licensed Realtors to buy homes which is, in my estimation and experience, a mistake 9 times out of 10.
The good thing about the fire we are going through is that it usually causes the dross to rise to the surface and expunges those who are not good at their craft, or those who are not ethical people (Madoff).
Just because something is not tangible does not mean it is not predictable to some extent or that a forecast cannot be made concerning a future value or in this case rent range. That is like saying the unwinding of Bear Stearns was not capable of being predicated until it actually happened. In that case there would be no option trading.
History always repeats itself, human psychology is very predictable when faced with certain stimuli, and there is nothing new under the sun.
There always exceptions in this market, but in GENERAL and speaking from a MACRO view, we still have a lot of downside in the housing market as the EFFECTS of unemployment have not even hit the mortgage arena in terms of DEFAULTS. The last few years of defaults have mainly been due to other factors (no equity can’t refinance).
When you default and have no job….there IS NO MODIFICATION SOLUTION and YOU WALK.
The next wave down will be due to unemployment and this will take us down further….
If your buyer’s are comfortable with these things and still want to pull the trigger for whatever reason then that is there decision.
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