- This topic has 168 replies, 29 voices, and was last updated 17 years, 4 months ago by Dukehorn.
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August 15, 2007 at 10:19 AM #75769August 15, 2007 at 10:35 AM #75654crParticipant
AA,
People have been making estimates, or “predictions” as you claim, since this site started. They are based on data, historical trends, and economic conditions.
If you’d actually read the info on here you would see it’s not thin air. Don’t sarcastically criticize people for interpreting the data and then ask them for answers that you don’t want to hear.
I find it ironic that those most negatively affected by the housing correction point the finger at “nostradamus’s’s’s’s'” who’ve been saying all along it wasn’t a smart choice.
August 15, 2007 at 10:35 AM #75771crParticipantAA,
People have been making estimates, or “predictions” as you claim, since this site started. They are based on data, historical trends, and economic conditions.
If you’d actually read the info on here you would see it’s not thin air. Don’t sarcastically criticize people for interpreting the data and then ask them for answers that you don’t want to hear.
I find it ironic that those most negatively affected by the housing correction point the finger at “nostradamus’s’s’s’s'” who’ve been saying all along it wasn’t a smart choice.
August 15, 2007 at 10:35 AM #75775crParticipantAA,
People have been making estimates, or “predictions” as you claim, since this site started. They are based on data, historical trends, and economic conditions.
If you’d actually read the info on here you would see it’s not thin air. Don’t sarcastically criticize people for interpreting the data and then ask them for answers that you don’t want to hear.
I find it ironic that those most negatively affected by the housing correction point the finger at “nostradamus’s’s’s’s'” who’ve been saying all along it wasn’t a smart choice.
August 15, 2007 at 10:48 AM #75660AnonymousGuestwish these ex-mortgage brokers (I suspect) had better things to do than try and ridicule a very small group of people who are being proven more and more correct with each passing day.
Nostradumbass
August 15, 2007 at 10:48 AM #75777AnonymousGuestwish these ex-mortgage brokers (I suspect) had better things to do than try and ridicule a very small group of people who are being proven more and more correct with each passing day.
Nostradumbass
August 15, 2007 at 10:48 AM #75781AnonymousGuestwish these ex-mortgage brokers (I suspect) had better things to do than try and ridicule a very small group of people who are being proven more and more correct with each passing day.
Nostradumbass
August 15, 2007 at 11:11 AM #75669CritterParticipantIs it possible that certain posters are trollstradamus’s, to mimic a certain style of pluralizing words?
August 15, 2007 at 11:11 AM #75787CritterParticipantIs it possible that certain posters are trollstradamus’s, to mimic a certain style of pluralizing words?
August 15, 2007 at 11:11 AM #75791CritterParticipantIs it possible that certain posters are trollstradamus’s, to mimic a certain style of pluralizing words?
August 15, 2007 at 11:42 AM #75687falcon_eyesParticipantThe tide in the housing market has turned its direction from bullish in the past 5-6 years to bearish, Alex_angel. That’s just how the market economy works, it can’t go on forever going up or going down. Look at our recent history in the Internet dot-com bubble during 2000-2001 timeframe. You might say yeah, but it’s different this time since home involves more US people to participate compare to the stock market plus there is the 911 terrorist attack. Remember the old saying that if something is too good to be true, then it probably is.
August 15, 2007 at 11:42 AM #75804falcon_eyesParticipantThe tide in the housing market has turned its direction from bullish in the past 5-6 years to bearish, Alex_angel. That’s just how the market economy works, it can’t go on forever going up or going down. Look at our recent history in the Internet dot-com bubble during 2000-2001 timeframe. You might say yeah, but it’s different this time since home involves more US people to participate compare to the stock market plus there is the 911 terrorist attack. Remember the old saying that if something is too good to be true, then it probably is.
August 15, 2007 at 11:42 AM #75808falcon_eyesParticipantThe tide in the housing market has turned its direction from bullish in the past 5-6 years to bearish, Alex_angel. That’s just how the market economy works, it can’t go on forever going up or going down. Look at our recent history in the Internet dot-com bubble during 2000-2001 timeframe. You might say yeah, but it’s different this time since home involves more US people to participate compare to the stock market plus there is the 911 terrorist attack. Remember the old saying that if something is too good to be true, then it probably is.
August 15, 2007 at 11:44 AM #75690Stu949ParticipantTo Alex_angel:
I get this a lot, “Lots of envious people that hope bad things happens to others so they can benefit.” During many conversations with people from all walks of life, I declared in 2004 (before I was on Piggington) that the financing ponzi scheme was not sustainable in the long term.
I never hope that bad things happen to people, I just try to recognize trends and projections for what they are… Hoping things will happen will not get you far in life. People always say that I hope home prices will come down. That is the furthest thing from the truth. My analysis and research has led me believe that home prices will decline. When I first started my research, I had no emotion about housing. I didn’t make much money and buying a house wasn’t even a thought at the time. During the last three years, things have changed – I can now afford to buy a SFR, but prices are still too high. Things are what they are…hoping is for uneducated, ignorant, amateurs.
August 15, 2007 at 11:44 AM #75807Stu949ParticipantTo Alex_angel:
I get this a lot, “Lots of envious people that hope bad things happens to others so they can benefit.” During many conversations with people from all walks of life, I declared in 2004 (before I was on Piggington) that the financing ponzi scheme was not sustainable in the long term.
I never hope that bad things happen to people, I just try to recognize trends and projections for what they are… Hoping things will happen will not get you far in life. People always say that I hope home prices will come down. That is the furthest thing from the truth. My analysis and research has led me believe that home prices will decline. When I first started my research, I had no emotion about housing. I didn’t make much money and buying a house wasn’t even a thought at the time. During the last three years, things have changed – I can now afford to buy a SFR, but prices are still too high. Things are what they are…hoping is for uneducated, ignorant, amateurs.
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