[34f3f3f]

I’m a great fan of PBS. It’s just about the only channel on cable worth watching, so you get my thumbs up. If we are to believe in the axiom that history repeats itself, then the story can never be told too many times. I think the focus on social moods that convince investors that this time is different is relevant, although I’m not sure “mood” is just what it is all about. You shouldn’t have any difficulty finding willing participants, if not here then possibly on Redfin’s forum. Trouble is many of these forums are frequented by those who educated themselves and escaped the effects of bubble, and they may well also be the kind of person who watches PBS.

Good luck, and let us know when it will be broadcast.

[34f3f3f]

I’m a great fan of PBS. It’s just about the only channel on cable worth watching, so you get my thumbs up. If we are to believe in the axiom that history repeats itself, then the story can never be told too many times. I think the focus on social moods that convince investors that this time is different is relevant, although I’m not sure “mood” is just what it is all about. You shouldn’t have any difficulty finding willing participants, if not here then possibly on Redfin’s forum. Trouble is many of these forums are frequented by those who educated themselves and escaped the effects of bubble, and they may well also be the kind of person who watches PBS.

Good luck, and let us know when it will be broadcast.

[34f3f3f]

I’m a great fan of PBS. It’s just about the only channel on cable worth watching, so you get my thumbs up. If we are to believe in the axiom that history repeats itself, then the story can never be told too many times. I think the focus on social moods that convince investors that this time is different is relevant, although I’m not sure “mood” is just what it is all about. You shouldn’t have any difficulty finding willing participants, if not here then possibly on Redfin’s forum. Trouble is many of these forums are frequented by those who educated themselves and escaped the effects of bubble, and they may well also be the kind of person who watches PBS.

Good luck, and let us know when it will be broadcast.

[34f3f3f]

I’m a great fan of PBS. It’s just about the only channel on cable worth watching, so you get my thumbs up. If we are to believe in the axiom that history repeats itself, then the story can never be told too many times. I think the focus on social moods that convince investors that this time is different is relevant, although I’m not sure “mood” is just what it is all about. You shouldn’t have any difficulty finding willing participants, if not here then possibly on Redfin’s forum. Trouble is many of these forums are frequented by those who educated themselves and escaped the effects of bubble, and they may well also be the kind of person who watches PBS.

Good luck, and let us know when it will be broadcast.

[34f3f3f]

I’m a great fan of PBS. It’s just about the only channel on cable worth watching, so you get my thumbs up. If we are to believe in the axiom that history repeats itself, then the story can never be told too many times. I think the focus on social moods that convince investors that this time is different is relevant, although I’m not sure “mood” is just what it is all about. You shouldn’t have any difficulty finding willing participants, if not here then possibly on Redfin’s forum. Trouble is many of these forums are frequented by those who educated themselves and escaped the effects of bubble, and they may well also be the kind of person who watches PBS.

Good luck, and let us know when it will be broadcast.

[34f3f3f]

[quote=Zeitgeist]I agree with Arraya. Once the props get kicked out from under this false bottom, it will continue to drop. Not sure I am buying 2033 because I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. Back to the original point, although prices locally have risen somewhat, there is a huge inventory out there including commercial real estate. I am not sure how much more Congress will continue to play along with the administration, but strains are beginning to show already. The party is over.[/quote]

I also agree with Arraya, but there is one more prop, and that is sheeple many of whom remain blissfully unaware of the walls that have been crashing in around them. Seems that might also be down to generational experience, or lack thereof.

[34f3f3f]

[quote=Zeitgeist]I agree with Arraya. Once the props get kicked out from under this false bottom, it will continue to drop. Not sure I am buying 2033 because I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. Back to the original point, although prices locally have risen somewhat, there is a huge inventory out there including commercial real estate. I am not sure how much more Congress will continue to play along with the administration, but strains are beginning to show already. The party is over.[/quote]

I also agree with Arraya, but there is one more prop, and that is sheeple many of whom remain blissfully unaware of the walls that have been crashing in around them. Seems that might also be down to generational experience, or lack thereof.

[34f3f3f]

[quote=Zeitgeist]I agree with Arraya. Once the props get kicked out from under this false bottom, it will continue to drop. Not sure I am buying 2033 because I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. Back to the original point, although prices locally have risen somewhat, there is a huge inventory out there including commercial real estate. I am not sure how much more Congress will continue to play along with the administration, but strains are beginning to show already. The party is over.[/quote]

I also agree with Arraya, but there is one more prop, and that is sheeple many of whom remain blissfully unaware of the walls that have been crashing in around them. Seems that might also be down to generational experience, or lack thereof.

[34f3f3f]

[quote=Zeitgeist]I agree with Arraya. Once the props get kicked out from under this false bottom, it will continue to drop. Not sure I am buying 2033 because I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. Back to the original point, although prices locally have risen somewhat, there is a huge inventory out there including commercial real estate. I am not sure how much more Congress will continue to play along with the administration, but strains are beginning to show already. The party is over.[/quote]

I also agree with Arraya, but there is one more prop, and that is sheeple many of whom remain blissfully unaware of the walls that have been crashing in around them. Seems that might also be down to generational experience, or lack thereof.

[34f3f3f]

[quote=Zeitgeist]I agree with Arraya. Once the props get kicked out from under this false bottom, it will continue to drop. Not sure I am buying 2033 because I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. Back to the original point, although prices locally have risen somewhat, there is a huge inventory out there including commercial real estate. I am not sure how much more Congress will continue to play along with the administration, but strains are beginning to show already. The party is over.[/quote]

I also agree with Arraya, but there is one more prop, and that is sheeple many of whom remain blissfully unaware of the walls that have been crashing in around them. Seems that might also be down to generational experience, or lack thereof.

[34f3f3f]

South Africa is one of my favorite countries. I was in a similar situation to you, and even had rands before moving here. You are doing the right thing by renting for a year, but I’m not sure buying a multi-family unit just because it offers more than current savings rates makes sense. You will find better cap rates (returns) in other parts of the country. Try loopnet.com for an idea of rates and prices. If you have cash in an account makes sure it’s FDIC insured and below $250k per account holder. Try bankrate.com for best rates on CDs and savings accounts. Depending on your risk tolerance, you may want to go slow with other types of investments until you have found your feet and acclimatised, unless you need the income of course. But that’s just the way I’d go.

[34f3f3f]

South Africa is one of my favorite countries. I was in a similar situation to you, and even had rands before moving here. You are doing the right thing by renting for a year, but I’m not sure buying a multi-family unit just because it offers more than current savings rates makes sense. You will find better cap rates (returns) in other parts of the country. Try loopnet.com for an idea of rates and prices. If you have cash in an account makes sure it’s FDIC insured and below $250k per account holder. Try bankrate.com for best rates on CDs and savings accounts. Depending on your risk tolerance, you may want to go slow with other types of investments until you have found your feet and acclimatised, unless you need the income of course. But that’s just the way I’d go.

[34f3f3f]

South Africa is one of my favorite countries. I was in a similar situation to you, and even had rands before moving here. You are doing the right thing by renting for a year, but I’m not sure buying a multi-family unit just because it offers more than current savings rates makes sense. You will find better cap rates (returns) in other parts of the country. Try loopnet.com for an idea of rates and prices. If you have cash in an account makes sure it’s FDIC insured and below $250k per account holder. Try bankrate.com for best rates on CDs and savings accounts. Depending on your risk tolerance, you may want to go slow with other types of investments until you have found your feet and acclimatised, unless you need the income of course. But that’s just the way I’d go.

[34f3f3f]

South Africa is one of my favorite countries. I was in a similar situation to you, and even had rands before moving here. You are doing the right thing by renting for a year, but I’m not sure buying a multi-family unit just because it offers more than current savings rates makes sense. You will find better cap rates (returns) in other parts of the country. Try loopnet.com for an idea of rates and prices. If you have cash in an account makes sure it’s FDIC insured and below $250k per account holder. Try bankrate.com for best rates on CDs and savings accounts. Depending on your risk tolerance, you may want to go slow with other types of investments until you have found your feet and acclimatised, unless you need the income of course. But that’s just the way I’d go.

[34f3f3f]

South Africa is one of my favorite countries. I was in a similar situation to you, and even had rands before moving here. You are doing the right thing by renting for a year, but I’m not sure buying a multi-family unit just because it offers more than current savings rates makes sense. You will find better cap rates (returns) in other parts of the country. Try loopnet.com for an idea of rates and prices. If you have cash in an account makes sure it’s FDIC insured and below $250k per account holder. Try bankrate.com for best rates on CDs and savings accounts. Depending on your risk tolerance, you may want to go slow with other types of investments until you have found your feet and acclimatised, unless you need the income of course. But that’s just the way I’d go.

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