Mortgage broker predicts further collapse in housing

[4plexowner]

you are implying that the ‘prior bubble’ is comparable to the bubble that just burst

it was not as measured by any number of metrics

we have typical southern CA real estate cycles and then we have financial bubbles

don’t confuse the two

[Anonymous]

[quote=4plexowner]we have typical southern CA real estate cycles and then we have financial bubbles[/quote]

This is a good point.

Regarding an entire generation avoiding an asset class: There is anecdotal evidence at least. My grandparents lived through the crash of ’29 never trusted the stock market again. I think this was fairly common.

I don’t think there will be another substantial bubble in stocks or RE until after most of the Piggs have passed on.

[Anonymous]

[quote=4plexowner]we have typical southern CA real estate cycles and then we have financial bubbles[/quote]

This is a good point.

Regarding an entire generation avoiding an asset class: There is anecdotal evidence at least. My grandparents lived through the crash of ’29 never trusted the stock market again. I think this was fairly common.

I don’t think there will be another substantial bubble in stocks or RE until after most of the Piggs have passed on.

[Anonymous]

[quote=4plexowner]we have typical southern CA real estate cycles and then we have financial bubbles[/quote]

This is a good point.

Regarding an entire generation avoiding an asset class: There is anecdotal evidence at least. My grandparents lived through the crash of ’29 never trusted the stock market again. I think this was fairly common.

I don’t think there will be another substantial bubble in stocks or RE until after most of the Piggs have passed on.

[Anonymous]

[quote=4plexowner]we have typical southern CA real estate cycles and then we have financial bubbles[/quote]

This is a good point.

Regarding an entire generation avoiding an asset class: There is anecdotal evidence at least. My grandparents lived through the crash of ’29 never trusted the stock market again. I think this was fairly common.

I don’t think there will be another substantial bubble in stocks or RE until after most of the Piggs have passed on.

[Anonymous]

[quote=4plexowner]we have typical southern CA real estate cycles and then we have financial bubbles[/quote]

This is a good point.

Regarding an entire generation avoiding an asset class: There is anecdotal evidence at least. My grandparents lived through the crash of ’29 never trusted the stock market again. I think this was fairly common.

I don’t think there will be another substantial bubble in stocks or RE until after most of the Piggs have passed on.

[4plexowner]

Martin Armstrong (you can find his papers on the web) bases his analysis on economic cycles

He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak

What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?

And there is more than anecdotal evidence – read the standard on financial bubbles:

“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay

There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:

1. prices will fully retrace to the level where the bubble started

2. prices will likely overshoot to the downside

3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble

We’ve had numerous threads on this forum asking the question, “When did the bubble start?”

Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11

I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range

[4plexowner]

Martin Armstrong (you can find his papers on the web) bases his analysis on economic cycles

He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak

What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?

And there is more than anecdotal evidence – read the standard on financial bubbles:

“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay

There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:

1. prices will fully retrace to the level where the bubble started

2. prices will likely overshoot to the downside

3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble

We’ve had numerous threads on this forum asking the question, “When did the bubble start?”

Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11

I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range

[4plexowner]

Martin Armstrong (you can find his papers on the web) bases his analysis on economic cycles

He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak

What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?

And there is more than anecdotal evidence – read the standard on financial bubbles:

“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay

There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:

1. prices will fully retrace to the level where the bubble started

2. prices will likely overshoot to the downside

3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble

We’ve had numerous threads on this forum asking the question, “When did the bubble start?”

Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11

I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range

[4plexowner]

Martin Armstrong (you can find his papers on the web) bases his analysis on economic cycles

He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak

What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?

And there is more than anecdotal evidence – read the standard on financial bubbles:

“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay

There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:

1. prices will fully retrace to the level where the bubble started

2. prices will likely overshoot to the downside

3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble

We’ve had numerous threads on this forum asking the question, “When did the bubble start?”

Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11

I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range

[4plexowner]

Martin Armstrong (you can find his papers on the web) bases his analysis on economic cycles

He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak

What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?

And there is more than anecdotal evidence – read the standard on financial bubbles:

“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay

There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:

1. prices will fully retrace to the level where the bubble started

2. prices will likely overshoot to the downside

3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble

We’ve had numerous threads on this forum asking the question, “When did the bubble start?”

Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11

I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range

[Nor-LA-SD-guy]

Geeze

Bottom in 2033 Wow, I think all SD will look like current day Detroit by then.

Sorry don’t think so.

[Nor-LA-SD-guy]

Geeze

Bottom in 2033 Wow, I think all SD will look like current day Detroit by then.

Sorry don’t think so.

[Nor-LA-SD-guy]

Geeze

Bottom in 2033 Wow, I think all SD will look like current day Detroit by then.

Sorry don’t think so.

[Nor-LA-SD-guy]

Geeze

Bottom in 2033 Wow, I think all SD will look like current day Detroit by then.

Sorry don’t think so.

[Author]

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