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March 26, 2009 at 4:54 PM #374106March 26, 2009 at 5:04 PM #373496carlsbadworkerParticipant
[quote=HLS]Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
[/quote]Actually, I start to believe that the lower rents will bring the next leg down for real estate. I don’t think the SFH owners will suffer most though. I think the apartment owners are really screwed. You see, they couldn’t really lower their rents, because:
1. Their existing tenants will be unhappy paying a much higher price.
2. If they plan to sell it, a lower rental price will make the valuation much worse.
So they can only offer free months promotions but that attract exactly the worst of worst from the shrinking tenant pool.Anyone knows some apartment company stocks that I can short with?
By the way, let me know when the day of 4% mortgage rate comes, given the other thread was saying that the congress is trying to offer assistances ($5K) for refinance, I could use some government bailout as well.
March 26, 2009 at 5:04 PM #373778carlsbadworkerParticipant[quote=HLS]Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
[/quote]Actually, I start to believe that the lower rents will bring the next leg down for real estate. I don’t think the SFH owners will suffer most though. I think the apartment owners are really screwed. You see, they couldn’t really lower their rents, because:
1. Their existing tenants will be unhappy paying a much higher price.
2. If they plan to sell it, a lower rental price will make the valuation much worse.
So they can only offer free months promotions but that attract exactly the worst of worst from the shrinking tenant pool.Anyone knows some apartment company stocks that I can short with?
By the way, let me know when the day of 4% mortgage rate comes, given the other thread was saying that the congress is trying to offer assistances ($5K) for refinance, I could use some government bailout as well.
March 26, 2009 at 5:04 PM #373950carlsbadworkerParticipant[quote=HLS]Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
[/quote]Actually, I start to believe that the lower rents will bring the next leg down for real estate. I don’t think the SFH owners will suffer most though. I think the apartment owners are really screwed. You see, they couldn’t really lower their rents, because:
1. Their existing tenants will be unhappy paying a much higher price.
2. If they plan to sell it, a lower rental price will make the valuation much worse.
So they can only offer free months promotions but that attract exactly the worst of worst from the shrinking tenant pool.Anyone knows some apartment company stocks that I can short with?
By the way, let me know when the day of 4% mortgage rate comes, given the other thread was saying that the congress is trying to offer assistances ($5K) for refinance, I could use some government bailout as well.
March 26, 2009 at 5:04 PM #373993carlsbadworkerParticipant[quote=HLS]Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
[/quote]Actually, I start to believe that the lower rents will bring the next leg down for real estate. I don’t think the SFH owners will suffer most though. I think the apartment owners are really screwed. You see, they couldn’t really lower their rents, because:
1. Their existing tenants will be unhappy paying a much higher price.
2. If they plan to sell it, a lower rental price will make the valuation much worse.
So they can only offer free months promotions but that attract exactly the worst of worst from the shrinking tenant pool.Anyone knows some apartment company stocks that I can short with?
By the way, let me know when the day of 4% mortgage rate comes, given the other thread was saying that the congress is trying to offer assistances ($5K) for refinance, I could use some government bailout as well.
March 26, 2009 at 5:04 PM #374111carlsbadworkerParticipant[quote=HLS]Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
[/quote]Actually, I start to believe that the lower rents will bring the next leg down for real estate. I don’t think the SFH owners will suffer most though. I think the apartment owners are really screwed. You see, they couldn’t really lower their rents, because:
1. Their existing tenants will be unhappy paying a much higher price.
2. If they plan to sell it, a lower rental price will make the valuation much worse.
So they can only offer free months promotions but that attract exactly the worst of worst from the shrinking tenant pool.Anyone knows some apartment company stocks that I can short with?
By the way, let me know when the day of 4% mortgage rate comes, given the other thread was saying that the congress is trying to offer assistances ($5K) for refinance, I could use some government bailout as well.
March 26, 2009 at 5:25 PM #373516sdnerdParticipantI fail to see in any way how this is related to a bailout mentality.
The cost of web services is dropping, primarily because the large amounts of competition and the costs associated with it are much lower.
Servers, bandwidth, power are all significantly cheaper today then they were 4-5 years ago. Your costs should be significantly lower then they were.
It also sounds like most of your work was done at the beginning, and right now it’s just maintenance mode. In that scenario what your seeing is only natural – high costs initially, that gradually decrease as time goes by.
I just don’t see any bailout connection.
March 26, 2009 at 5:25 PM #373798sdnerdParticipantI fail to see in any way how this is related to a bailout mentality.
The cost of web services is dropping, primarily because the large amounts of competition and the costs associated with it are much lower.
Servers, bandwidth, power are all significantly cheaper today then they were 4-5 years ago. Your costs should be significantly lower then they were.
It also sounds like most of your work was done at the beginning, and right now it’s just maintenance mode. In that scenario what your seeing is only natural – high costs initially, that gradually decrease as time goes by.
I just don’t see any bailout connection.
March 26, 2009 at 5:25 PM #373970sdnerdParticipantI fail to see in any way how this is related to a bailout mentality.
The cost of web services is dropping, primarily because the large amounts of competition and the costs associated with it are much lower.
Servers, bandwidth, power are all significantly cheaper today then they were 4-5 years ago. Your costs should be significantly lower then they were.
It also sounds like most of your work was done at the beginning, and right now it’s just maintenance mode. In that scenario what your seeing is only natural – high costs initially, that gradually decrease as time goes by.
I just don’t see any bailout connection.
March 26, 2009 at 5:25 PM #374013sdnerdParticipantI fail to see in any way how this is related to a bailout mentality.
The cost of web services is dropping, primarily because the large amounts of competition and the costs associated with it are much lower.
Servers, bandwidth, power are all significantly cheaper today then they were 4-5 years ago. Your costs should be significantly lower then they were.
It also sounds like most of your work was done at the beginning, and right now it’s just maintenance mode. In that scenario what your seeing is only natural – high costs initially, that gradually decrease as time goes by.
I just don’t see any bailout connection.
March 26, 2009 at 5:25 PM #374131sdnerdParticipantI fail to see in any way how this is related to a bailout mentality.
The cost of web services is dropping, primarily because the large amounts of competition and the costs associated with it are much lower.
Servers, bandwidth, power are all significantly cheaper today then they were 4-5 years ago. Your costs should be significantly lower then they were.
It also sounds like most of your work was done at the beginning, and right now it’s just maintenance mode. In that scenario what your seeing is only natural – high costs initially, that gradually decrease as time goes by.
I just don’t see any bailout connection.
March 27, 2009 at 4:25 AM #373668CA renterParticipant[quote=jpinpb]I know many of you have already seen Zeitgeist-The movie and I’m very late to that eye-opening film. But after seeing it, I think things will get much worse.[/quote]
Thanks for the link jp! I’ve ordered it so we can watch it on TV. Checked out their site and videos a bit, and it does look very interesting.
March 27, 2009 at 4:25 AM #373952CA renterParticipant[quote=jpinpb]I know many of you have already seen Zeitgeist-The movie and I’m very late to that eye-opening film. But after seeing it, I think things will get much worse.[/quote]
Thanks for the link jp! I’ve ordered it so we can watch it on TV. Checked out their site and videos a bit, and it does look very interesting.
March 27, 2009 at 4:25 AM #374124CA renterParticipant[quote=jpinpb]I know many of you have already seen Zeitgeist-The movie and I’m very late to that eye-opening film. But after seeing it, I think things will get much worse.[/quote]
Thanks for the link jp! I’ve ordered it so we can watch it on TV. Checked out their site and videos a bit, and it does look very interesting.
March 27, 2009 at 4:25 AM #374168CA renterParticipant[quote=jpinpb]I know many of you have already seen Zeitgeist-The movie and I’m very late to that eye-opening film. But after seeing it, I think things will get much worse.[/quote]
Thanks for the link jp! I’ve ordered it so we can watch it on TV. Checked out their site and videos a bit, and it does look very interesting.
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