The boat turns slowly

[sreeb]

[quote=bearishgurl][quote=flu]I just replaced several of my appliances for the cash for appliances rebate too. Got a nice fridge with 3 doors and it’s pretty sweet…Lol…[/quote]

Good for you, flu! These appls. tax credits for 2010 are great, aren’t they?

Would love to buy an induction cooktop and a dryer but can’t afford to right now. Maybe the cooktop by the end of the year . . . LOL. They have really come down in price as of late.[/quote]

Check the sears outlet store for induction cooktops or any appliance. You can search their inventory online and they have a pretty good turnover. We have a Kenmore (Electrolux) and love it. I saw the 4 burners as low as $700 but my wife had to have 5 burners and it had to be white.

[sreeb]

I still think any real downward turn of the housing market will wait for a rise in interest rates. As long as banks get nearly free money, they will be reluctant to take their losses.

I know the government is manipulating interest rates but the market is bigger than they are and they can’t put off the inevitable.

[sreeb]

I still think any real downward turn of the housing market will wait for a rise in interest rates. As long as banks get nearly free money, they will be reluctant to take their losses.

I know the government is manipulating interest rates but the market is bigger than they are and they can’t put off the inevitable.

[sreeb]

I still think any real downward turn of the housing market will wait for a rise in interest rates. As long as banks get nearly free money, they will be reluctant to take their losses.

I know the government is manipulating interest rates but the market is bigger than they are and they can’t put off the inevitable.

[sreeb]

I still think any real downward turn of the housing market will wait for a rise in interest rates. As long as banks get nearly free money, they will be reluctant to take their losses.

I know the government is manipulating interest rates but the market is bigger than they are and they can’t put off the inevitable.

[sreeb]

I still think any real downward turn of the housing market will wait for a rise in interest rates. As long as banks get nearly free money, they will be reluctant to take their losses.

I know the government is manipulating interest rates but the market is bigger than they are and they can’t put off the inevitable.

[bearishgurl]

[quote=sreeb]Check the sears outlet store for induction cooktops or any appliance. You can search their inventory online and they have a pretty good turnover. We have a Kenmore (Electrolux) and love it. I saw the 4 burners as low as $700 but my wife had to have 5 burners and it had to be white.[/quote]

Yes, I have purchased several appls over the years at Sears Outlet. I was with a buying friend in there last fall and saw a black Kenmore 4-burner induction cooktop (perfect for me) for about $750 I think. I couldn’t afford it then, either, although $700-$750 is probably a good price.

They look “incredible” when the rings heat up bright blue in the dark – LOL!!

[bearishgurl]

[quote=sreeb]Check the sears outlet store for induction cooktops or any appliance. You can search their inventory online and they have a pretty good turnover. We have a Kenmore (Electrolux) and love it. I saw the 4 burners as low as $700 but my wife had to have 5 burners and it had to be white.[/quote]

Yes, I have purchased several appls over the years at Sears Outlet. I was with a buying friend in there last fall and saw a black Kenmore 4-burner induction cooktop (perfect for me) for about $750 I think. I couldn’t afford it then, either, although $700-$750 is probably a good price.

They look “incredible” when the rings heat up bright blue in the dark – LOL!!

[bearishgurl]

[quote=sreeb]Check the sears outlet store for induction cooktops or any appliance. You can search their inventory online and they have a pretty good turnover. We have a Kenmore (Electrolux) and love it. I saw the 4 burners as low as $700 but my wife had to have 5 burners and it had to be white.[/quote]

Yes, I have purchased several appls over the years at Sears Outlet. I was with a buying friend in there last fall and saw a black Kenmore 4-burner induction cooktop (perfect for me) for about $750 I think. I couldn’t afford it then, either, although $700-$750 is probably a good price.

They look “incredible” when the rings heat up bright blue in the dark – LOL!!

[bearishgurl]

[quote=sreeb]Check the sears outlet store for induction cooktops or any appliance. You can search their inventory online and they have a pretty good turnover. We have a Kenmore (Electrolux) and love it. I saw the 4 burners as low as $700 but my wife had to have 5 burners and it had to be white.[/quote]

Yes, I have purchased several appls over the years at Sears Outlet. I was with a buying friend in there last fall and saw a black Kenmore 4-burner induction cooktop (perfect for me) for about $750 I think. I couldn’t afford it then, either, although $700-$750 is probably a good price.

They look “incredible” when the rings heat up bright blue in the dark – LOL!!

[bearishgurl]

[quote=sreeb]Check the sears outlet store for induction cooktops or any appliance. You can search their inventory online and they have a pretty good turnover. We have a Kenmore (Electrolux) and love it. I saw the 4 burners as low as $700 but my wife had to have 5 burners and it had to be white.[/quote]

Yes, I have purchased several appls over the years at Sears Outlet. I was with a buying friend in there last fall and saw a black Kenmore 4-burner induction cooktop (perfect for me) for about $750 I think. I couldn’t afford it then, either, although $700-$750 is probably a good price.

They look “incredible” when the rings heat up bright blue in the dark – LOL!!

[Nor-LA-SD-guy]

[quote=jpinpb][quote=Nor-LA-SD-guy]The housing Bubble would never have happen had they not changed the CPI to owner equivalent rent in 1981 i think.[/quote]

For some reason I thought housing was not included in the CPI. Can you help me out w/that?[/quote]

Consumer Price Indexes for Rent and Rental Equivalence
see the link below

http://www.bls.gov/cpi/cpifact6.htm

In the seventies the boomers were just starting to enter the Job and housing market driving demand and worker supply through the roof which was one of the main causes of inflation , and back in those days 7 out of 10 people were union workers so they got cost of living raises every year to 6 months (we were getting 15-18% inflation and raises back then).

For some reason the Fed in 1981 got the brilliant Idea that workers, did not need to own homes, they only needed to pay rent so why should we count home buying as an consumer necessity ??

Enter Owners Equivalent rent.

This was followed almost immediately by the late 1980’s housing bubble (still small by today’s bubble standards) then housing bust in 1990’s, then the new housing bubble in 2000’s etc…

Anyway that’s how I see it.

[Nor-LA-SD-guy]

[quote=jpinpb][quote=Nor-LA-SD-guy]The housing Bubble would never have happen had they not changed the CPI to owner equivalent rent in 1981 i think.[/quote]

For some reason I thought housing was not included in the CPI. Can you help me out w/that?[/quote]

Consumer Price Indexes for Rent and Rental Equivalence
see the link below

http://www.bls.gov/cpi/cpifact6.htm

In the seventies the boomers were just starting to enter the Job and housing market driving demand and worker supply through the roof which was one of the main causes of inflation , and back in those days 7 out of 10 people were union workers so they got cost of living raises every year to 6 months (we were getting 15-18% inflation and raises back then).

For some reason the Fed in 1981 got the brilliant Idea that workers, did not need to own homes, they only needed to pay rent so why should we count home buying as an consumer necessity ??

Enter Owners Equivalent rent.

This was followed almost immediately by the late 1980’s housing bubble (still small by today’s bubble standards) then housing bust in 1990’s, then the new housing bubble in 2000’s etc…

Anyway that’s how I see it.

[Nor-LA-SD-guy]

[quote=jpinpb][quote=Nor-LA-SD-guy]The housing Bubble would never have happen had they not changed the CPI to owner equivalent rent in 1981 i think.[/quote]

For some reason I thought housing was not included in the CPI. Can you help me out w/that?[/quote]

Consumer Price Indexes for Rent and Rental Equivalence
see the link below

http://www.bls.gov/cpi/cpifact6.htm

In the seventies the boomers were just starting to enter the Job and housing market driving demand and worker supply through the roof which was one of the main causes of inflation , and back in those days 7 out of 10 people were union workers so they got cost of living raises every year to 6 months (we were getting 15-18% inflation and raises back then).

For some reason the Fed in 1981 got the brilliant Idea that workers, did not need to own homes, they only needed to pay rent so why should we count home buying as an consumer necessity ??

Enter Owners Equivalent rent.

This was followed almost immediately by the late 1980’s housing bubble (still small by today’s bubble standards) then housing bust in 1990’s, then the new housing bubble in 2000’s etc…

Anyway that’s how I see it.

[Nor-LA-SD-guy]

[quote=jpinpb][quote=Nor-LA-SD-guy]The housing Bubble would never have happen had they not changed the CPI to owner equivalent rent in 1981 i think.[/quote]

For some reason I thought housing was not included in the CPI. Can you help me out w/that?[/quote]

Consumer Price Indexes for Rent and Rental Equivalence
see the link below

http://www.bls.gov/cpi/cpifact6.htm

In the seventies the boomers were just starting to enter the Job and housing market driving demand and worker supply through the roof which was one of the main causes of inflation , and back in those days 7 out of 10 people were union workers so they got cost of living raises every year to 6 months (we were getting 15-18% inflation and raises back then).

For some reason the Fed in 1981 got the brilliant Idea that workers, did not need to own homes, they only needed to pay rent so why should we count home buying as an consumer necessity ??

Enter Owners Equivalent rent.

This was followed almost immediately by the late 1980’s housing bubble (still small by today’s bubble standards) then housing bust in 1990’s, then the new housing bubble in 2000’s etc…

Anyway that’s how I see it.

[Author]

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