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  • November 16, 2010 at 3:40 PM #631989
    briansd1
    Guest

    The bubble was blown to carry the economy for a while. It was good for a while.

    Unfortunately housing and flipping houses to each other is not economically productive in the long run. Eventually, we will need to reallocate capital to more productive uses.

    Just like taxes takes away from the private sector, housing takes away from other sectors of the economy. Eventually a realignment of economic priority will be forced upon us. Soon, or in the next few decades? Time will tell….

    I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…

    November 16, 2010 at 4:01 PM #632123
    (former)FormerSanDiegan
    Participant

    [quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% !

    November 16, 2010 at 4:01 PM #631994
    (former)FormerSanDiegan
    Participant

    [quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% !

    November 16, 2010 at 4:01 PM #631344
    (former)FormerSanDiegan
    Participant

    [quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% !

    November 16, 2010 at 4:01 PM #632440
    (former)FormerSanDiegan
    Participant

    [quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% !

    November 16, 2010 at 4:01 PM #631421
    (former)FormerSanDiegan
    Participant

    [quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% !

    November 16, 2010 at 4:05 PM #631355
    jstoesz
    Participant

    haha. spot on Former.

    November 16, 2010 at 4:05 PM #632004
    jstoesz
    Participant

    haha. spot on Former.

    November 16, 2010 at 4:05 PM #632133
    jstoesz
    Participant

    haha. spot on Former.

    November 16, 2010 at 4:05 PM #632450
    jstoesz
    Participant

    haha. spot on Former.

    November 16, 2010 at 4:05 PM #631431
    jstoesz
    Participant

    haha. spot on Former.

    November 16, 2010 at 5:50 PM #632049
    UCGal
    Participant

    [quote=FormerSanDiegan][quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% ![/quote]
    Too true!

    November 16, 2010 at 5:50 PM #632495
    UCGal
    Participant

    [quote=FormerSanDiegan][quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% ![/quote]
    Too true!

    November 16, 2010 at 5:50 PM #631476
    UCGal
    Participant

    [quote=FormerSanDiegan][quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% ![/quote]
    Too true!

    November 16, 2010 at 5:50 PM #631400
    UCGal
    Participant

    [quote=FormerSanDiegan][quote=briansd1] I like to think of it in percentage terms. Out of 100%, how much of our money do we, as a society, want to spend on housing, health care, taxes, education, research, military, etc…[/quote]

    about 110% ![/quote]
    Too true!

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