- This topic has 175 replies, 18 voices, and was last updated 15 years, 7 months ago by
5yearwaiter.
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September 25, 2008 at 10:58 PM #276012September 25, 2008 at 11:04 PM #275706
CoronitaParticipant[quote=patientlywaiting]I don’t believe most Americans want this bailout. The opposition is massive based on the feedback from voters to their representatives.
Most Americans who play by rules and are making their mortgage payments on time do not want a bailout for their neighbors or the banks.
[/quote]
I’d say, we should do a poll, but piggington’s are necessarily an accurate sample of the american population.
And most americans weren’t homeowners who paid their mortgage payments on time before the invention of ALT-A and stated-income loans.
September 25, 2008 at 11:04 PM #275958CoronitaParticipant[quote=patientlywaiting]I don’t believe most Americans want this bailout. The opposition is massive based on the feedback from voters to their representatives.
Most Americans who play by rules and are making their mortgage payments on time do not want a bailout for their neighbors or the banks.
[/quote]
I’d say, we should do a poll, but piggington’s are necessarily an accurate sample of the american population.
And most americans weren’t homeowners who paid their mortgage payments on time before the invention of ALT-A and stated-income loans.
September 25, 2008 at 11:04 PM #275961CoronitaParticipant[quote=patientlywaiting]I don’t believe most Americans want this bailout. The opposition is massive based on the feedback from voters to their representatives.
Most Americans who play by rules and are making their mortgage payments on time do not want a bailout for their neighbors or the banks.
[/quote]
I’d say, we should do a poll, but piggington’s are necessarily an accurate sample of the american population.
And most americans weren’t homeowners who paid their mortgage payments on time before the invention of ALT-A and stated-income loans.
September 25, 2008 at 11:04 PM #276009CoronitaParticipant[quote=patientlywaiting]I don’t believe most Americans want this bailout. The opposition is massive based on the feedback from voters to their representatives.
Most Americans who play by rules and are making their mortgage payments on time do not want a bailout for their neighbors or the banks.
[/quote]
I’d say, we should do a poll, but piggington’s are necessarily an accurate sample of the american population.
And most americans weren’t homeowners who paid their mortgage payments on time before the invention of ALT-A and stated-income loans.
September 25, 2008 at 11:04 PM #276027CoronitaParticipant[quote=patientlywaiting]I don’t believe most Americans want this bailout. The opposition is massive based on the feedback from voters to their representatives.
Most Americans who play by rules and are making their mortgage payments on time do not want a bailout for their neighbors or the banks.
[/quote]
I’d say, we should do a poll, but piggington’s are necessarily an accurate sample of the american population.
And most americans weren’t homeowners who paid their mortgage payments on time before the invention of ALT-A and stated-income loans.
September 25, 2008 at 11:37 PM #275751jficquette
Participant[quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
September 25, 2008 at 11:37 PM #276003Participant[quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
September 25, 2008 at 11:37 PM #276006Participant[quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
September 25, 2008 at 11:37 PM #276054Participant[quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
September 25, 2008 at 11:37 PM #276071Participant[quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
September 25, 2008 at 11:45 PM #275766DWCAP
Participant[quote=jficquette][quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
[/quote]Just to fix the facts, we are talking nominal here right? Not 1998 inflation adjusted? Meaning a 3/2 was $X in 1998m, and will be $X in 2012. Not $X+cpi inflation.
September 25, 2008 at 11:45 PM #276018Participant[quote=jficquette][quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
[/quote]Just to fix the facts, we are talking nominal here right? Not 1998 inflation adjusted? Meaning a 3/2 was $X in 1998m, and will be $X in 2012. Not $X+cpi inflation.
September 25, 2008 at 11:45 PM #276021Participant[quote=jficquette][quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
[/quote]Just to fix the facts, we are talking nominal here right? Not 1998 inflation adjusted? Meaning a 3/2 was $X in 1998m, and will be $X in 2012. Not $X+cpi inflation.
September 25, 2008 at 11:45 PM #276069Participant[quote=jficquette][quote=4plexowner]I’ll say it once again
Capitulation in 2012 with spike lows to or below 1998 price levels
Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year
Buying before 2010 is definitely knife catching
Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …[/quote]
I agree about the 1998 prices.
John
[/quote]Just to fix the facts, we are talking nominal here right? Not 1998 inflation adjusted? Meaning a 3/2 was $X in 1998m, and will be $X in 2012. Not $X+cpi inflation.
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