Home › Forums › Housing › Yes! It’s happening, or people are finally starting to acknowledge it, the double dip
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Coronita.
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January 25, 2011 at 12:49 PM #18436January 25, 2011 at 4:11 PM #658038
(former)FormerSanDiegan
ParticipantI have a sneaking suspicion that by the time the “double dip” is widely acknowledge, it will be over.
Old timers would have chalked this up to seasonal weakness. It’s been about a decade since we could visibly see seasonal factors in prices. Now that prices are in a +/- 5% range these are mor evident.
Throw the tax credit dealine in and there you go, it’s a “double dip.”
January 25, 2011 at 4:11 PM #658702(former)FormerSanDiegan
ParticipantI have a sneaking suspicion that by the time the “double dip” is widely acknowledge, it will be over.
Old timers would have chalked this up to seasonal weakness. It’s been about a decade since we could visibly see seasonal factors in prices. Now that prices are in a +/- 5% range these are mor evident.
Throw the tax credit dealine in and there you go, it’s a “double dip.”
January 25, 2011 at 4:11 PM #658101(former)FormerSanDiegan
ParticipantI have a sneaking suspicion that by the time the “double dip” is widely acknowledge, it will be over.
Old timers would have chalked this up to seasonal weakness. It’s been about a decade since we could visibly see seasonal factors in prices. Now that prices are in a +/- 5% range these are mor evident.
Throw the tax credit dealine in and there you go, it’s a “double dip.”
January 25, 2011 at 4:11 PM #658841(former)FormerSanDiegan
ParticipantI have a sneaking suspicion that by the time the “double dip” is widely acknowledge, it will be over.
Old timers would have chalked this up to seasonal weakness. It’s been about a decade since we could visibly see seasonal factors in prices. Now that prices are in a +/- 5% range these are mor evident.
Throw the tax credit dealine in and there you go, it’s a “double dip.”
January 25, 2011 at 4:11 PM #659169(former)FormerSanDiegan
ParticipantI have a sneaking suspicion that by the time the “double dip” is widely acknowledge, it will be over.
Old timers would have chalked this up to seasonal weakness. It’s been about a decade since we could visibly see seasonal factors in prices. Now that prices are in a +/- 5% range these are mor evident.
Throw the tax credit dealine in and there you go, it’s a “double dip.”
January 25, 2011 at 4:19 PM #659174MadeInTaiwan
ParticipantI sense that asking prices have dipped a little in 92024 and southern 92009. However, I also noticed that the southbound traffic during the morning rush hour has definitely worsened compared to last January. Of course, there is no telling if those commuters can afford $4K mortgages. Time will tell…
January 25, 2011 at 4:19 PM #658707MadeInTaiwan
ParticipantI sense that asking prices have dipped a little in 92024 and southern 92009. However, I also noticed that the southbound traffic during the morning rush hour has definitely worsened compared to last January. Of course, there is no telling if those commuters can afford $4K mortgages. Time will tell…
January 25, 2011 at 4:19 PM #658846MadeInTaiwan
ParticipantI sense that asking prices have dipped a little in 92024 and southern 92009. However, I also noticed that the southbound traffic during the morning rush hour has definitely worsened compared to last January. Of course, there is no telling if those commuters can afford $4K mortgages. Time will tell…
January 25, 2011 at 4:19 PM #658106MadeInTaiwan
ParticipantI sense that asking prices have dipped a little in 92024 and southern 92009. However, I also noticed that the southbound traffic during the morning rush hour has definitely worsened compared to last January. Of course, there is no telling if those commuters can afford $4K mortgages. Time will tell…
January 25, 2011 at 4:19 PM #658043MadeInTaiwan
ParticipantI sense that asking prices have dipped a little in 92024 and southern 92009. However, I also noticed that the southbound traffic during the morning rush hour has definitely worsened compared to last January. Of course, there is no telling if those commuters can afford $4K mortgages. Time will tell…
January 25, 2011 at 5:31 PM #659209CA renter
ParticipantWe’ve seen the seasonal weakness every year, with the exception of late 2009/early 2010, when the tax credit was in full swing.
Though it’s counter-intuitive, I think we’ll see housing weaken as the rest of the economy improves. The housing market is being propped up **because the economy is weak.** Once the economy strengthens, it will become more and more difficult to justify spending so much money on artificially propping up the housing market (including the govt-backed mortgage market).
Cheap houses and plentiful jobs…now THAT would make for a healthy economy! 😉
January 25, 2011 at 5:31 PM #658140CA renter
ParticipantWe’ve seen the seasonal weakness every year, with the exception of late 2009/early 2010, when the tax credit was in full swing.
Though it’s counter-intuitive, I think we’ll see housing weaken as the rest of the economy improves. The housing market is being propped up **because the economy is weak.** Once the economy strengthens, it will become more and more difficult to justify spending so much money on artificially propping up the housing market (including the govt-backed mortgage market).
Cheap houses and plentiful jobs…now THAT would make for a healthy economy! 😉
January 25, 2011 at 5:31 PM #658881CA renter
ParticipantWe’ve seen the seasonal weakness every year, with the exception of late 2009/early 2010, when the tax credit was in full swing.
Though it’s counter-intuitive, I think we’ll see housing weaken as the rest of the economy improves. The housing market is being propped up **because the economy is weak.** Once the economy strengthens, it will become more and more difficult to justify spending so much money on artificially propping up the housing market (including the govt-backed mortgage market).
Cheap houses and plentiful jobs…now THAT would make for a healthy economy! 😉
January 25, 2011 at 5:31 PM #658078CA renter
ParticipantWe’ve seen the seasonal weakness every year, with the exception of late 2009/early 2010, when the tax credit was in full swing.
Though it’s counter-intuitive, I think we’ll see housing weaken as the rest of the economy improves. The housing market is being propped up **because the economy is weak.** Once the economy strengthens, it will become more and more difficult to justify spending so much money on artificially propping up the housing market (including the govt-backed mortgage market).
Cheap houses and plentiful jobs…now THAT would make for a healthy economy! 😉
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