What will the bottom look like?

[patientlywaiting]

I would stay out of it. It’s not your job to educate people.

Mention the resources casually but it’s up to them to follow your advice. Don’t put any emotions into this.

There will always be knife catchers. It’s just a fact of life.

[patientlywaiting]

I would stay out of it. It’s not your job to educate people.

Mention the resources casually but it’s up to them to follow your advice. Don’t put any emotions into this.

There will always be knife catchers. It’s just a fact of life.

[patientlywaiting]

I would stay out of it. It’s not your job to educate people.

Mention the resources casually but it’s up to them to follow your advice. Don’t put any emotions into this.

There will always be knife catchers. It’s just a fact of life.

[patientlywaiting]

I would stay out of it. It’s not your job to educate people.

Mention the resources casually but it’s up to them to follow your advice. Don’t put any emotions into this.

There will always be knife catchers. It’s just a fact of life.

[The-Shoveler]

My two cents on what the bottom will look like this time,

(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….

so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.

Anyway just my two cents.

[The-Shoveler]

My two cents on what the bottom will look like this time,

(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….

so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.

Anyway just my two cents.

[The-Shoveler]

My two cents on what the bottom will look like this time,

(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….

so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.

Anyway just my two cents.

[The-Shoveler]

My two cents on what the bottom will look like this time,

(This time was totally different than last housing downturn, so to look at last downturn and compare it to this downturn is meaningless) This bubble was caused be finance (really it was a finance bubble), when the sub-prime died, the housing market died, the previous downturn was caused when the defense industry was downsized. ie… the people and Jobs are still here for the most part….

so with that in mind, I think it will look like housing prices declined by 20 to 30 % from peak prices, and people talking about there will be no end to the downturn for the next 5 to 10 years(the so called experts), no one will want think the real estate as an investment, and inflation will probably just starting to really take hold so much so that the Government will not even be able to hide it anymore.

Anyway just my two cents.

[bonfire]

This bubble was caused by greed, just like the last one. A giant Ponzi scheme. Greed will also cause the next one. It is ALWAYS the same, not totally different in any way. Prices will come back up when the inventory is gone. It’s going to take a while, the invetory is just starting to get foreclosed upon.

[bonfire]

This bubble was caused by greed, just like the last one. A giant Ponzi scheme. Greed will also cause the next one. It is ALWAYS the same, not totally different in any way. Prices will come back up when the inventory is gone. It’s going to take a while, the invetory is just starting to get foreclosed upon.

[bonfire]

This bubble was caused by greed, just like the last one. A giant Ponzi scheme. Greed will also cause the next one. It is ALWAYS the same, not totally different in any way. Prices will come back up when the inventory is gone. It’s going to take a while, the invetory is just starting to get foreclosed upon.

[bonfire]

This bubble was caused by greed, just like the last one. A giant Ponzi scheme. Greed will also cause the next one. It is ALWAYS the same, not totally different in any way. Prices will come back up when the inventory is gone. It’s going to take a while, the invetory is just starting to get foreclosed upon.

[kev374]

you know stupid people who believe “professionals” who have vested interest deserve what they get!!!

Similar thing happened with a friend of mine, he bought this home in Irvine for $685k… worse he put all his life savings of $100k into it. Now the ZEstimate on it has it at $655,000 and you know how optimistic those numbers are, in a yr or 2 the guy is going to be in financial ruin. I had urged him not to buy time and again but his argument “I have already waited so long and looks like the market has hit bottom…of course a REALTOR told him that”

[kev374]

you know stupid people who believe “professionals” who have vested interest deserve what they get!!!

Similar thing happened with a friend of mine, he bought this home in Irvine for $685k… worse he put all his life savings of $100k into it. Now the ZEstimate on it has it at $655,000 and you know how optimistic those numbers are, in a yr or 2 the guy is going to be in financial ruin. I had urged him not to buy time and again but his argument “I have already waited so long and looks like the market has hit bottom…of course a REALTOR told him that”

[kev374]

you know stupid people who believe “professionals” who have vested interest deserve what they get!!!

Similar thing happened with a friend of mine, he bought this home in Irvine for $685k… worse he put all his life savings of $100k into it. Now the ZEstimate on it has it at $655,000 and you know how optimistic those numbers are, in a yr or 2 the guy is going to be in financial ruin. I had urged him not to buy time and again but his argument “I have already waited so long and looks like the market has hit bottom…of course a REALTOR told him that”

[Author]

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