QE2 right after Elections?

[SD Realtor]

Rus I am not sure what you think flipping entails but it takes lots of fuel to drive around and in some cases plenty of building materials. So costs go up for flippers in an environment like this. If you have to hold a property that has an hoa, last I checked hoa fees are rising.

Anyone out there who has an hoa where fees are reduced lately? Hello? Anyone home?

Rents have been stable but certainly not increasing for my particular rentals either. Once more being a landlord usually includes buying material now and then. When your home is vacant you pay utilities. Have utilities gone down at all?

Rus have real estate commissions gone up lately?

[briansd1]

I remember someone posting here that refinancing will free up enough cash flow to buy a new BMW.

That’s pretty much what the Fed is trying to do with QE and lower interest rates.

Unfortunately monetary policy dumps money on the banks and at the top of society. It takes a long, long time, if ever, to trickle down to the unemployed who need help the most.

[briansd1]

I remember someone posting here that refinancing will free up enough cash flow to buy a new BMW.

That’s pretty much what the Fed is trying to do with QE and lower interest rates.

Unfortunately monetary policy dumps money on the banks and at the top of society. It takes a long, long time, if ever, to trickle down to the unemployed who need help the most.

[briansd1]

I remember someone posting here that refinancing will free up enough cash flow to buy a new BMW.

That’s pretty much what the Fed is trying to do with QE and lower interest rates.

Unfortunately monetary policy dumps money on the banks and at the top of society. It takes a long, long time, if ever, to trickle down to the unemployed who need help the most.

[briansd1]

I remember someone posting here that refinancing will free up enough cash flow to buy a new BMW.

That’s pretty much what the Fed is trying to do with QE and lower interest rates.

Unfortunately monetary policy dumps money on the banks and at the top of society. It takes a long, long time, if ever, to trickle down to the unemployed who need help the most.

[briansd1]

I remember someone posting here that refinancing will free up enough cash flow to buy a new BMW.

That’s pretty much what the Fed is trying to do with QE and lower interest rates.

Unfortunately monetary policy dumps money on the banks and at the top of society. It takes a long, long time, if ever, to trickle down to the unemployed who need help the most.

[briansd1]

[quote=Arraya]
GDP is a hopelessly sad way to account for societal health. We’re pathological[/quote]

I agree; that’s why I believe that the Scandinavians have it right. They are non-exuberant countries and they are satisfied moving along with slow but consistent improvement to their living standards while preserving their environment.

Notice that the economies based on the Anglo/American model are debt fueled bubbles that periodically pop.

The problem with debt is that once you get hooked, it’s hard to get off.

Our culture is such that we want quick solutions to our problems.

[briansd1]

[quote=Arraya]
GDP is a hopelessly sad way to account for societal health. We’re pathological[/quote]

I agree; that’s why I believe that the Scandinavians have it right. They are non-exuberant countries and they are satisfied moving along with slow but consistent improvement to their living standards while preserving their environment.

Notice that the economies based on the Anglo/American model are debt fueled bubbles that periodically pop.

The problem with debt is that once you get hooked, it’s hard to get off.

Our culture is such that we want quick solutions to our problems.

[briansd1]

[quote=Arraya]
GDP is a hopelessly sad way to account for societal health. We’re pathological[/quote]

I agree; that’s why I believe that the Scandinavians have it right. They are non-exuberant countries and they are satisfied moving along with slow but consistent improvement to their living standards while preserving their environment.

Notice that the economies based on the Anglo/American model are debt fueled bubbles that periodically pop.

The problem with debt is that once you get hooked, it’s hard to get off.

Our culture is such that we want quick solutions to our problems.

[briansd1]

[quote=Arraya]
GDP is a hopelessly sad way to account for societal health. We’re pathological[/quote]

I agree; that’s why I believe that the Scandinavians have it right. They are non-exuberant countries and they are satisfied moving along with slow but consistent improvement to their living standards while preserving their environment.

Notice that the economies based on the Anglo/American model are debt fueled bubbles that periodically pop.

The problem with debt is that once you get hooked, it’s hard to get off.

Our culture is such that we want quick solutions to our problems.

[briansd1]

[quote=Arraya]
GDP is a hopelessly sad way to account for societal health. We’re pathological[/quote]

I agree; that’s why I believe that the Scandinavians have it right. They are non-exuberant countries and they are satisfied moving along with slow but consistent improvement to their living standards while preserving their environment.

Notice that the economies based on the Anglo/American model are debt fueled bubbles that periodically pop.

The problem with debt is that once you get hooked, it’s hard to get off.

Our culture is such that we want quick solutions to our problems.

[NotCranky]

Adam, commissions are higher than they should be based on inflated prices due to bailouts of all kinds. Refinances have dropped carrying costs a lot if you were not overleveraged, or not using leverage much in the first place. I guess even some adjustable rate holders are pretty happy.
Your labor is down, I don’t know who is doing your work but you are paying them less than you were a few years back, groceries are up but not much,especially if you buy what you need instead of what you want.
What I am getting at is you that you win some you and lose some. In my opinion inflation isn’t the problem(yet), it is that money was too easy too make before, in real estate and construction. Logically, there is some correction going on.

[NotCranky]

Adam, commissions are higher than they should be based on inflated prices due to bailouts of all kinds. Refinances have dropped carrying costs a lot if you were not overleveraged, or not using leverage much in the first place. I guess even some adjustable rate holders are pretty happy.
Your labor is down, I don’t know who is doing your work but you are paying them less than you were a few years back, groceries are up but not much,especially if you buy what you need instead of what you want.
What I am getting at is you that you win some you and lose some. In my opinion inflation isn’t the problem(yet), it is that money was too easy too make before, in real estate and construction. Logically, there is some correction going on.

[NotCranky]

Adam, commissions are higher than they should be based on inflated prices due to bailouts of all kinds. Refinances have dropped carrying costs a lot if you were not overleveraged, or not using leverage much in the first place. I guess even some adjustable rate holders are pretty happy.
Your labor is down, I don’t know who is doing your work but you are paying them less than you were a few years back, groceries are up but not much,especially if you buy what you need instead of what you want.
What I am getting at is you that you win some you and lose some. In my opinion inflation isn’t the problem(yet), it is that money was too easy too make before, in real estate and construction. Logically, there is some correction going on.

[NotCranky]

Adam, commissions are higher than they should be based on inflated prices due to bailouts of all kinds. Refinances have dropped carrying costs a lot if you were not overleveraged, or not using leverage much in the first place. I guess even some adjustable rate holders are pretty happy.
Your labor is down, I don’t know who is doing your work but you are paying them less than you were a few years back, groceries are up but not much,especially if you buy what you need instead of what you want.
What I am getting at is you that you win some you and lose some. In my opinion inflation isn’t the problem(yet), it is that money was too easy too make before, in real estate and construction. Logically, there is some correction going on.

[Author]

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