UT: County housing market strengthening

[pemeliza]

“IMHO, the housing bubble was planned from the very beginning.”

Yes, and this explains a lot. The FED and regulators have been widely criticized because they apparently MISSED the housing bubble. No, they didn’t miss it they created it. What they got wrong IMHO is they thought they could create a bubble and then control it with “measured” monetary policy. In the worst case, they figured, they just had to use “extreme” monetary policy to clean up the aftermath if things went bad. The result was perhaps the most costly failed experiment in monetary policy this country has ever witnessed.

[jpinpb]

CAR – I’ve mentioned #1 many times in various threads here and on SDL. That is what started housing to begin it’s climb during the ’90’s, IMO. Housing was hurting for a while and I noticed the improvement, gradual however it was, once that passed.

[jpinpb]

CAR – I’ve mentioned #1 many times in various threads here and on SDL. That is what started housing to begin it’s climb during the ’90’s, IMO. Housing was hurting for a while and I noticed the improvement, gradual however it was, once that passed.

[jpinpb]

CAR – I’ve mentioned #1 many times in various threads here and on SDL. That is what started housing to begin it’s climb during the ’90’s, IMO. Housing was hurting for a while and I noticed the improvement, gradual however it was, once that passed.

[jpinpb]

CAR – I’ve mentioned #1 many times in various threads here and on SDL. That is what started housing to begin it’s climb during the ’90’s, IMO. Housing was hurting for a while and I noticed the improvement, gradual however it was, once that passed.

[jpinpb]

CAR – I’ve mentioned #1 many times in various threads here and on SDL. That is what started housing to begin it’s climb during the ’90’s, IMO. Housing was hurting for a while and I noticed the improvement, gradual however it was, once that passed.

[(former)FormerSanDiegan]

[quote=CA renter]

This is my understanding of how the credit bubble grew:

1. The passage of the Taxpayer Relief Act of 1997 …

2. The passage of the Gramm–Leach–Bliley Act in 1999 …

3. Greenspan’s lowering of interest rates to historically low levels, then keeping them there for an extended period of time (we’re still there!!!). …

[/quote]

It is interesting to note that ALL of these factors are still in play today, nearly 5 years into the burst of the bubble.

[(former)FormerSanDiegan]

[quote=CA renter]

This is my understanding of how the credit bubble grew:

1. The passage of the Taxpayer Relief Act of 1997 …

2. The passage of the Gramm–Leach–Bliley Act in 1999 …

3. Greenspan’s lowering of interest rates to historically low levels, then keeping them there for an extended period of time (we’re still there!!!). …

[/quote]

It is interesting to note that ALL of these factors are still in play today, nearly 5 years into the burst of the bubble.

[(former)FormerSanDiegan]

[quote=CA renter]

This is my understanding of how the credit bubble grew:

1. The passage of the Taxpayer Relief Act of 1997 …

2. The passage of the Gramm–Leach–Bliley Act in 1999 …

3. Greenspan’s lowering of interest rates to historically low levels, then keeping them there for an extended period of time (we’re still there!!!). …

[/quote]

It is interesting to note that ALL of these factors are still in play today, nearly 5 years into the burst of the bubble.

[(former)FormerSanDiegan]

[quote=CA renter]

This is my understanding of how the credit bubble grew:

1. The passage of the Taxpayer Relief Act of 1997 …

2. The passage of the Gramm–Leach–Bliley Act in 1999 …

3. Greenspan’s lowering of interest rates to historically low levels, then keeping them there for an extended period of time (we’re still there!!!). …

[/quote]

It is interesting to note that ALL of these factors are still in play today, nearly 5 years into the burst of the bubble.

[(former)FormerSanDiegan]

[quote=CA renter]

This is my understanding of how the credit bubble grew:

1. The passage of the Taxpayer Relief Act of 1997 …

2. The passage of the Gramm–Leach–Bliley Act in 1999 …

3. Greenspan’s lowering of interest rates to historically low levels, then keeping them there for an extended period of time (we’re still there!!!). …

[/quote]

It is interesting to note that ALL of these factors are still in play today, nearly 5 years into the burst of the bubble.

[smshorttimer]

It’s also been argued that anti-growth/restrictive zoning policies in places such as California contributed quite a bit. Some noted anti-“smart growth” scholar wrote something about this somewhere. Interesting, at least. I’m not sure if his theory works well in a place such as Arizona. Can’t remember his name, but I think Cato published his piece. Could be wrong about that.

[smshorttimer]

It’s also been argued that anti-growth/restrictive zoning policies in places such as California contributed quite a bit. Some noted anti-“smart growth” scholar wrote something about this somewhere. Interesting, at least. I’m not sure if his theory works well in a place such as Arizona. Can’t remember his name, but I think Cato published his piece. Could be wrong about that.

[smshorttimer]

It’s also been argued that anti-growth/restrictive zoning policies in places such as California contributed quite a bit. Some noted anti-“smart growth” scholar wrote something about this somewhere. Interesting, at least. I’m not sure if his theory works well in a place such as Arizona. Can’t remember his name, but I think Cato published his piece. Could be wrong about that.

[smshorttimer]

It’s also been argued that anti-growth/restrictive zoning policies in places such as California contributed quite a bit. Some noted anti-“smart growth” scholar wrote something about this somewhere. Interesting, at least. I’m not sure if his theory works well in a place such as Arizona. Can’t remember his name, but I think Cato published his piece. Could be wrong about that.

[Author]

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