- This topic has 115 replies, 13 voices, and was last updated 17 years, 4 months ago by
Aecetia.
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July 23, 2008 at 4:46 AM #245297July 23, 2008 at 8:21 AM #245096
sdduuuude
ParticipantTG – It is remarkable how slowly this boat is turning. I know that when one look at the graphs, it is obvious what is happening and the lines look really steep – which is to imply that things are moving quickly. But if you have to live it, man it seems slow. Roubini said yesterday that housing would bottom in 2010. That’s 5 years from peak-to-trough. That’s a long time. My twins are 6 now. In 2010 they’ll be 8 and they’ll have been waiting for housing to hit bottom since 2004 – or 75% of their whole life!
A watched pot never boils, eh ?
July 23, 2008 at 8:21 AM #245241sdduuuude
ParticipantTG – It is remarkable how slowly this boat is turning. I know that when one look at the graphs, it is obvious what is happening and the lines look really steep – which is to imply that things are moving quickly. But if you have to live it, man it seems slow. Roubini said yesterday that housing would bottom in 2010. That’s 5 years from peak-to-trough. That’s a long time. My twins are 6 now. In 2010 they’ll be 8 and they’ll have been waiting for housing to hit bottom since 2004 – or 75% of their whole life!
A watched pot never boils, eh ?
July 23, 2008 at 8:21 AM #245249sdduuuude
ParticipantTG – It is remarkable how slowly this boat is turning. I know that when one look at the graphs, it is obvious what is happening and the lines look really steep – which is to imply that things are moving quickly. But if you have to live it, man it seems slow. Roubini said yesterday that housing would bottom in 2010. That’s 5 years from peak-to-trough. That’s a long time. My twins are 6 now. In 2010 they’ll be 8 and they’ll have been waiting for housing to hit bottom since 2004 – or 75% of their whole life!
A watched pot never boils, eh ?
July 23, 2008 at 8:21 AM #245303sdduuuude
ParticipantTG – It is remarkable how slowly this boat is turning. I know that when one look at the graphs, it is obvious what is happening and the lines look really steep – which is to imply that things are moving quickly. But if you have to live it, man it seems slow. Roubini said yesterday that housing would bottom in 2010. That’s 5 years from peak-to-trough. That’s a long time. My twins are 6 now. In 2010 they’ll be 8 and they’ll have been waiting for housing to hit bottom since 2004 – or 75% of their whole life!
A watched pot never boils, eh ?
July 23, 2008 at 8:21 AM #245312sdduuuude
ParticipantTG – It is remarkable how slowly this boat is turning. I know that when one look at the graphs, it is obvious what is happening and the lines look really steep – which is to imply that things are moving quickly. But if you have to live it, man it seems slow. Roubini said yesterday that housing would bottom in 2010. That’s 5 years from peak-to-trough. That’s a long time. My twins are 6 now. In 2010 they’ll be 8 and they’ll have been waiting for housing to hit bottom since 2004 – or 75% of their whole life!
A watched pot never boils, eh ?
July 23, 2008 at 8:21 AM #245101sdduuuude
ParticipantBugs – I think of it as a ball bouncing down the setps.
July 23, 2008 at 8:21 AM #245246sdduuuude
ParticipantBugs – I think of it as a ball bouncing down the setps.
July 23, 2008 at 8:21 AM #245254sdduuuude
ParticipantBugs – I think of it as a ball bouncing down the setps.
July 23, 2008 at 8:21 AM #245308sdduuuude
ParticipantBugs – I think of it as a ball bouncing down the setps.
July 23, 2008 at 8:21 AM #245317sdduuuude
ParticipantBugs – I think of it as a ball bouncing down the setps.
July 23, 2008 at 8:33 AM #245115(former)FormerSanDiegan
ParticipantAt $100 psf aren’t housing prices in Temecula essentially below the cost of building the structure ?
I wouldn’t really blame these knife catchers for buying properties at 30-40% off bubble peak prices. It seems to me that the folks “catching knives” right now in Temecula aren’t really sticking their necks out too far.July 23, 2008 at 8:33 AM #245261(former)FormerSanDiegan
ParticipantAt $100 psf aren’t housing prices in Temecula essentially below the cost of building the structure ?
I wouldn’t really blame these knife catchers for buying properties at 30-40% off bubble peak prices. It seems to me that the folks “catching knives” right now in Temecula aren’t really sticking their necks out too far.July 23, 2008 at 8:33 AM #245269(former)FormerSanDiegan
ParticipantAt $100 psf aren’t housing prices in Temecula essentially below the cost of building the structure ?
I wouldn’t really blame these knife catchers for buying properties at 30-40% off bubble peak prices. It seems to me that the folks “catching knives” right now in Temecula aren’t really sticking their necks out too far.July 23, 2008 at 8:33 AM #245325(former)FormerSanDiegan
ParticipantAt $100 psf aren’t housing prices in Temecula essentially below the cost of building the structure ?
I wouldn’t really blame these knife catchers for buying properties at 30-40% off bubble peak prices. It seems to me that the folks “catching knives” right now in Temecula aren’t really sticking their necks out too far. -
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