Shadow Inventory – The Flood that May Never Come

[davelj]

There are two great waves that are coming towards each other at the same time: deflation and inflation. (Full disclosure: I read that analogy somewhere and liked it – I can’t remember where I read it, however.) The Officialdom is trying to set policies such that when these waves finish crashing against each other, neither will have the upper hand and the seas will calm. The problem is that policy-making is simply too difficult – and the world of economics too complicated and random – for that outcome to be a high or even reasonable probability. Consequently, it is likely that one or the other will turn out to be stronger once these waves have finished colliding. I don’t know which will be the stronger in the short term. But I suspect that inflation will win out ultimately… but that could be several years down the road.

[sdrealtor]

Just to clarify I dont think lower rates are in the bag this Fall however I beleive we will test the low rates we already saw at some point in the next couple years.

A couple odds and ends. I heard from more than a few folks that some banks are selling off properties some high end, some in bulk etc to investors rather than going the REO to MLS route. Also, the gal on Caminito El Rincon y’all were beating about on the previous page is a realtor.

[sdrealtor]

Just to clarify I dont think lower rates are in the bag this Fall however I beleive we will test the low rates we already saw at some point in the next couple years.

A couple odds and ends. I heard from more than a few folks that some banks are selling off properties some high end, some in bulk etc to investors rather than going the REO to MLS route. Also, the gal on Caminito El Rincon y’all were beating about on the previous page is a realtor.

[sdrealtor]

Just to clarify I dont think lower rates are in the bag this Fall however I beleive we will test the low rates we already saw at some point in the next couple years.

A couple odds and ends. I heard from more than a few folks that some banks are selling off properties some high end, some in bulk etc to investors rather than going the REO to MLS route. Also, the gal on Caminito El Rincon y’all were beating about on the previous page is a realtor.

[sdrealtor]

Just to clarify I dont think lower rates are in the bag this Fall however I beleive we will test the low rates we already saw at some point in the next couple years.

A couple odds and ends. I heard from more than a few folks that some banks are selling off properties some high end, some in bulk etc to investors rather than going the REO to MLS route. Also, the gal on Caminito El Rincon y’all were beating about on the previous page is a realtor.

[sdrealtor]

Just to clarify I dont think lower rates are in the bag this Fall however I beleive we will test the low rates we already saw at some point in the next couple years.

A couple odds and ends. I heard from more than a few folks that some banks are selling off properties some high end, some in bulk etc to investors rather than going the REO to MLS route. Also, the gal on Caminito El Rincon y’all were beating about on the previous page is a realtor.

[patientrenter]

Hmmm… I don’t think our leaders want inflation forces and deflation forces to cancel out over the next 5-10 years. They are looking for inflation. Inflation and its results form the package that most voters prefer, along with a lot of very powerful groups. [country as a whole is a net borrower… more people owe than are owed… most personal debt is visible, most personal ownership of debt is indirect, through pension funds etc…]

But people complain about everything, even their first choice, so pols will take great care to avoid taking blame for what they are doing – engineering higher inflation. It will be an “unforeseen, unplanned, unwanted” outcome, which will be overcome in slow ineffective steps until one leader takes responsibility for killing it, a la Volcker, because the public is finally really sick of it.

[patientrenter]

Hmmm… I don’t think our leaders want inflation forces and deflation forces to cancel out over the next 5-10 years. They are looking for inflation. Inflation and its results form the package that most voters prefer, along with a lot of very powerful groups. [country as a whole is a net borrower… more people owe than are owed… most personal debt is visible, most personal ownership of debt is indirect, through pension funds etc…]

But people complain about everything, even their first choice, so pols will take great care to avoid taking blame for what they are doing – engineering higher inflation. It will be an “unforeseen, unplanned, unwanted” outcome, which will be overcome in slow ineffective steps until one leader takes responsibility for killing it, a la Volcker, because the public is finally really sick of it.

[patientrenter]

Hmmm… I don’t think our leaders want inflation forces and deflation forces to cancel out over the next 5-10 years. They are looking for inflation. Inflation and its results form the package that most voters prefer, along with a lot of very powerful groups. [country as a whole is a net borrower… more people owe than are owed… most personal debt is visible, most personal ownership of debt is indirect, through pension funds etc…]

But people complain about everything, even their first choice, so pols will take great care to avoid taking blame for what they are doing – engineering higher inflation. It will be an “unforeseen, unplanned, unwanted” outcome, which will be overcome in slow ineffective steps until one leader takes responsibility for killing it, a la Volcker, because the public is finally really sick of it.

[patientrenter]

Hmmm… I don’t think our leaders want inflation forces and deflation forces to cancel out over the next 5-10 years. They are looking for inflation. Inflation and its results form the package that most voters prefer, along with a lot of very powerful groups. [country as a whole is a net borrower… more people owe than are owed… most personal debt is visible, most personal ownership of debt is indirect, through pension funds etc…]

But people complain about everything, even their first choice, so pols will take great care to avoid taking blame for what they are doing – engineering higher inflation. It will be an “unforeseen, unplanned, unwanted” outcome, which will be overcome in slow ineffective steps until one leader takes responsibility for killing it, a la Volcker, because the public is finally really sick of it.

[patientrenter]

Hmmm… I don’t think our leaders want inflation forces and deflation forces to cancel out over the next 5-10 years. They are looking for inflation. Inflation and its results form the package that most voters prefer, along with a lot of very powerful groups. [country as a whole is a net borrower… more people owe than are owed… most personal debt is visible, most personal ownership of debt is indirect, through pension funds etc…]

But people complain about everything, even their first choice, so pols will take great care to avoid taking blame for what they are doing – engineering higher inflation. It will be an “unforeseen, unplanned, unwanted” outcome, which will be overcome in slow ineffective steps until one leader takes responsibility for killing it, a la Volcker, because the public is finally really sick of it.

[SD Realtor]

pr I don’t really think the powers that be care… as long as they get to remain the powers that be then that is fine for them. No matter which way we go they and the media will spin things such that the majority of the population will think things are fine.

Remember as long as people feel they will be taken care of, then they will be fine.

[SD Realtor]

pr I don’t really think the powers that be care… as long as they get to remain the powers that be then that is fine for them. No matter which way we go they and the media will spin things such that the majority of the population will think things are fine.

Remember as long as people feel they will be taken care of, then they will be fine.

[SD Realtor]

pr I don’t really think the powers that be care… as long as they get to remain the powers that be then that is fine for them. No matter which way we go they and the media will spin things such that the majority of the population will think things are fine.

Remember as long as people feel they will be taken care of, then they will be fine.

[SD Realtor]

pr I don’t really think the powers that be care… as long as they get to remain the powers that be then that is fine for them. No matter which way we go they and the media will spin things such that the majority of the population will think things are fine.

Remember as long as people feel they will be taken care of, then they will be fine.

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