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September 23, 2008 at 3:01 PM in reply to: UFO? Anyone awake last night around 2 AM here in San Diego? #274383September 23, 2008 at 3:01 PM in reply to: UFO? Anyone awake last night around 2 AM here in San Diego? #274631
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Participant[quote=Enorah]Did you experience missing time? Meaning did that 30-45 minutes pass very quickly?[/quote]
Haha!September 23, 2008 at 3:01 PM in reply to: UFO? Anyone awake last night around 2 AM here in San Diego? #27463534f3f3f
Participant[quote=Enorah]Did you experience missing time? Meaning did that 30-45 minutes pass very quickly?[/quote]
Haha!September 23, 2008 at 3:01 PM in reply to: UFO? Anyone awake last night around 2 AM here in San Diego? #27468234f3f3f
Participant[quote=Enorah]Did you experience missing time? Meaning did that 30-45 minutes pass very quickly?[/quote]
Haha!September 23, 2008 at 3:01 PM in reply to: UFO? Anyone awake last night around 2 AM here in San Diego? #27470434f3f3f
Participant[quote=Enorah]Did you experience missing time? Meaning did that 30-45 minutes pass very quickly?[/quote]
Haha!34f3f3f
ParticipantThis correction isn’t going to happen over a couple of years but rather something that could take place over a few months.
There is nothing more I’d like to see than a rapid decline in home prices, but I’m not sure that is in anyone’s interests, or even possible given the illiquid nature of real estate. I am not an economist, but it seems we are having severe problems just keeping up with the current decline rate. A massive and sudden leap in foreclosures is just going to exacerbate bank losses, without giving them a chance to recover. I personally would like to see a slow, more manageable decline with minimal impact on the economy.34f3f3f
ParticipantThis correction isn’t going to happen over a couple of years but rather something that could take place over a few months.
There is nothing more I’d like to see than a rapid decline in home prices, but I’m not sure that is in anyone’s interests, or even possible given the illiquid nature of real estate. I am not an economist, but it seems we are having severe problems just keeping up with the current decline rate. A massive and sudden leap in foreclosures is just going to exacerbate bank losses, without giving them a chance to recover. I personally would like to see a slow, more manageable decline with minimal impact on the economy.34f3f3f
ParticipantThis correction isn’t going to happen over a couple of years but rather something that could take place over a few months.
There is nothing more I’d like to see than a rapid decline in home prices, but I’m not sure that is in anyone’s interests, or even possible given the illiquid nature of real estate. I am not an economist, but it seems we are having severe problems just keeping up with the current decline rate. A massive and sudden leap in foreclosures is just going to exacerbate bank losses, without giving them a chance to recover. I personally would like to see a slow, more manageable decline with minimal impact on the economy.34f3f3f
ParticipantThis correction isn’t going to happen over a couple of years but rather something that could take place over a few months.
There is nothing more I’d like to see than a rapid decline in home prices, but I’m not sure that is in anyone’s interests, or even possible given the illiquid nature of real estate. I am not an economist, but it seems we are having severe problems just keeping up with the current decline rate. A massive and sudden leap in foreclosures is just going to exacerbate bank losses, without giving them a chance to recover. I personally would like to see a slow, more manageable decline with minimal impact on the economy.34f3f3f
ParticipantThis correction isn’t going to happen over a couple of years but rather something that could take place over a few months.
There is nothing more I’d like to see than a rapid decline in home prices, but I’m not sure that is in anyone’s interests, or even possible given the illiquid nature of real estate. I am not an economist, but it seems we are having severe problems just keeping up with the current decline rate. A massive and sudden leap in foreclosures is just going to exacerbate bank losses, without giving them a chance to recover. I personally would like to see a slow, more manageable decline with minimal impact on the economy.34f3f3f
ParticipantI understand the bail out as surgery to remove the cancerous loans, and free up inter bank lending. This is supposed to lubricate the way for future loans, but as it has been pointed out on this blog numerous times, the momentum for declining prices is gathering pace, and is unlikely to slow down until the fundamentals of pricing have been satisfied. Having said that, Arcadia in LA saw increases recently in its median price. This does seem odd, and out of character with neighboring areas. It is a bastion of Asian dwellers, many of whom seem oblivious to the credit crisis. I will qualify that by saying my in-laws are Chinese, and within their own sub-economy things (any manner) may be different. Either pent up demand, or cash looking for somewhere to go that’s more secure than banks, could be a plausible cause.
34f3f3f
ParticipantI understand the bail out as surgery to remove the cancerous loans, and free up inter bank lending. This is supposed to lubricate the way for future loans, but as it has been pointed out on this blog numerous times, the momentum for declining prices is gathering pace, and is unlikely to slow down until the fundamentals of pricing have been satisfied. Having said that, Arcadia in LA saw increases recently in its median price. This does seem odd, and out of character with neighboring areas. It is a bastion of Asian dwellers, many of whom seem oblivious to the credit crisis. I will qualify that by saying my in-laws are Chinese, and within their own sub-economy things (any manner) may be different. Either pent up demand, or cash looking for somewhere to go that’s more secure than banks, could be a plausible cause.
34f3f3f
ParticipantI understand the bail out as surgery to remove the cancerous loans, and free up inter bank lending. This is supposed to lubricate the way for future loans, but as it has been pointed out on this blog numerous times, the momentum for declining prices is gathering pace, and is unlikely to slow down until the fundamentals of pricing have been satisfied. Having said that, Arcadia in LA saw increases recently in its median price. This does seem odd, and out of character with neighboring areas. It is a bastion of Asian dwellers, many of whom seem oblivious to the credit crisis. I will qualify that by saying my in-laws are Chinese, and within their own sub-economy things (any manner) may be different. Either pent up demand, or cash looking for somewhere to go that’s more secure than banks, could be a plausible cause.
34f3f3f
ParticipantI understand the bail out as surgery to remove the cancerous loans, and free up inter bank lending. This is supposed to lubricate the way for future loans, but as it has been pointed out on this blog numerous times, the momentum for declining prices is gathering pace, and is unlikely to slow down until the fundamentals of pricing have been satisfied. Having said that, Arcadia in LA saw increases recently in its median price. This does seem odd, and out of character with neighboring areas. It is a bastion of Asian dwellers, many of whom seem oblivious to the credit crisis. I will qualify that by saying my in-laws are Chinese, and within their own sub-economy things (any manner) may be different. Either pent up demand, or cash looking for somewhere to go that’s more secure than banks, could be a plausible cause.
34f3f3f
ParticipantI understand the bail out as surgery to remove the cancerous loans, and free up inter bank lending. This is supposed to lubricate the way for future loans, but as it has been pointed out on this blog numerous times, the momentum for declining prices is gathering pace, and is unlikely to slow down until the fundamentals of pricing have been satisfied. Having said that, Arcadia in LA saw increases recently in its median price. This does seem odd, and out of character with neighboring areas. It is a bastion of Asian dwellers, many of whom seem oblivious to the credit crisis. I will qualify that by saying my in-laws are Chinese, and within their own sub-economy things (any manner) may be different. Either pent up demand, or cash looking for somewhere to go that’s more secure than banks, could be a plausible cause.
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