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February 2, 2010 at 3:19 PM in reply to: Mortgage broker predicts further collapse in housing #508175February 2, 2010 at 3:19 PM in reply to: Mortgage broker predicts further collapse in housing #5083234plexownerParticipant
I’ll let Martin and Charles know that you don’t think so
With solid analysis like yours, I’m sure they will change their opinions
February 2, 2010 at 3:19 PM in reply to: Mortgage broker predicts further collapse in housing #5087354plexownerParticipantI’ll let Martin and Charles know that you don’t think so
With solid analysis like yours, I’m sure they will change their opinions
February 2, 2010 at 3:19 PM in reply to: Mortgage broker predicts further collapse in housing #5088294plexownerParticipantI’ll let Martin and Charles know that you don’t think so
With solid analysis like yours, I’m sure they will change their opinions
February 2, 2010 at 3:19 PM in reply to: Mortgage broker predicts further collapse in housing #5090834plexownerParticipantI’ll let Martin and Charles know that you don’t think so
With solid analysis like yours, I’m sure they will change their opinions
February 2, 2010 at 1:40 PM in reply to: Mortgage broker predicts further collapse in housing #5081154plexownerParticipantMartin Armstrong (you can find his papers on the web) bases his analysis on economic cycles
He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak
What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?
And there is more than anecdotal evidence – read the standard on financial bubbles:
“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay
There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:
1. prices will fully retrace to the level where the bubble started
2. prices will likely overshoot to the downside
3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble
We’ve had numerous threads on this forum asking the question, “When did the bubble start?”
Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11
I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range
February 2, 2010 at 1:40 PM in reply to: Mortgage broker predicts further collapse in housing #5082634plexownerParticipantMartin Armstrong (you can find his papers on the web) bases his analysis on economic cycles
He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak
What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?
And there is more than anecdotal evidence – read the standard on financial bubbles:
“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay
There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:
1. prices will fully retrace to the level where the bubble started
2. prices will likely overshoot to the downside
3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble
We’ve had numerous threads on this forum asking the question, “When did the bubble start?”
Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11
I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range
February 2, 2010 at 1:40 PM in reply to: Mortgage broker predicts further collapse in housing #5086754plexownerParticipantMartin Armstrong (you can find his papers on the web) bases his analysis on economic cycles
He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak
What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?
And there is more than anecdotal evidence – read the standard on financial bubbles:
“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay
There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:
1. prices will fully retrace to the level where the bubble started
2. prices will likely overshoot to the downside
3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble
We’ve had numerous threads on this forum asking the question, “When did the bubble start?”
Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11
I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range
February 2, 2010 at 1:40 PM in reply to: Mortgage broker predicts further collapse in housing #5087684plexownerParticipantMartin Armstrong (you can find his papers on the web) bases his analysis on economic cycles
He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak
What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?
And there is more than anecdotal evidence – read the standard on financial bubbles:
“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay
There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:
1. prices will fully retrace to the level where the bubble started
2. prices will likely overshoot to the downside
3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble
We’ve had numerous threads on this forum asking the question, “When did the bubble start?”
Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11
I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range
February 2, 2010 at 1:40 PM in reply to: Mortgage broker predicts further collapse in housing #5090234plexownerParticipantMartin Armstrong (you can find his papers on the web) bases his analysis on economic cycles
He currently shows the ultimate bottom in US real estate occurring in 2033 – that’s 26 years after the peak
What is a human’s investing lifespan? Or in this case, how long is a ‘generation’ when we talk about real estate? Perhaps 26 years?
And there is more than anecdotal evidence – read the standard on financial bubbles:
“Extraordinary Popular Delusions and The Madness of Crowds” by Charles MacKay
There have been enough financial bubbles on this planet that we can have high confidence that once a bubble bursts, these things will happen:
1. prices will fully retrace to the level where the bubble started
2. prices will likely overshoot to the downside
3. the asset category involved will be avoided until people have forgotten the pain of the burst bubble
We’ve had numerous threads on this forum asking the question, “When did the bubble start?”
Most people think 2002/3 which is when massive monetary easing occurred in the wake of the stock market tanking and 9/11
I maintain the bubble started back in 1998 when income-to-rent and income-to-house-price ratios started to bubble up from their historic range
4plexownerParticipantwhat DWCAP said times two!
standard negotiating practice – whoever wants it the most is going to pay a premium – you’re asking someone who isn’t actively seeking to sell their home if they want to sell their home
I’ll sell you my current home for 2006 prices
~
I was targeting duplexes in the Bay Park / Bay Ho area – many of these are rentals so I sent my letters to the owner of record rather than the property address
4plexownerParticipantwhat DWCAP said times two!
standard negotiating practice – whoever wants it the most is going to pay a premium – you’re asking someone who isn’t actively seeking to sell their home if they want to sell their home
I’ll sell you my current home for 2006 prices
~
I was targeting duplexes in the Bay Park / Bay Ho area – many of these are rentals so I sent my letters to the owner of record rather than the property address
4plexownerParticipantwhat DWCAP said times two!
standard negotiating practice – whoever wants it the most is going to pay a premium – you’re asking someone who isn’t actively seeking to sell their home if they want to sell their home
I’ll sell you my current home for 2006 prices
~
I was targeting duplexes in the Bay Park / Bay Ho area – many of these are rentals so I sent my letters to the owner of record rather than the property address
4plexownerParticipantwhat DWCAP said times two!
standard negotiating practice – whoever wants it the most is going to pay a premium – you’re asking someone who isn’t actively seeking to sell their home if they want to sell their home
I’ll sell you my current home for 2006 prices
~
I was targeting duplexes in the Bay Park / Bay Ho area – many of these are rentals so I sent my letters to the owner of record rather than the property address
4plexownerParticipantwhat DWCAP said times two!
standard negotiating practice – whoever wants it the most is going to pay a premium – you’re asking someone who isn’t actively seeking to sell their home if they want to sell their home
I’ll sell you my current home for 2006 prices
~
I was targeting duplexes in the Bay Park / Bay Ho area – many of these are rentals so I sent my letters to the owner of record rather than the property address
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