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May 1, 2009 at 9:19 AM in reply to: Recession deepens…first quarter GDP worse than expected… #390891May 1, 2009 at 9:19 AM in reply to: Recession deepens…first quarter GDP worse than expected… #391154
4plexowner
ParticipantThe telling signal WAS Starbucks but the signal occurred when they announced the closing of 300 stores (late 2008 or early 2009)
Then, Toyota sales declined dramatically in the US
If those two signals aren’t enough for you then you aren’t paying attention and don’t understand what drives the US economy (it’s the consumer, stupid!)
May 1, 2009 at 9:19 AM in reply to: Recession deepens…first quarter GDP worse than expected… #3913624plexowner
ParticipantThe telling signal WAS Starbucks but the signal occurred when they announced the closing of 300 stores (late 2008 or early 2009)
Then, Toyota sales declined dramatically in the US
If those two signals aren’t enough for you then you aren’t paying attention and don’t understand what drives the US economy (it’s the consumer, stupid!)
May 1, 2009 at 9:19 AM in reply to: Recession deepens…first quarter GDP worse than expected… #3914144plexowner
ParticipantThe telling signal WAS Starbucks but the signal occurred when they announced the closing of 300 stores (late 2008 or early 2009)
Then, Toyota sales declined dramatically in the US
If those two signals aren’t enough for you then you aren’t paying attention and don’t understand what drives the US economy (it’s the consumer, stupid!)
May 1, 2009 at 9:19 AM in reply to: Recession deepens…first quarter GDP worse than expected… #3915564plexowner
ParticipantThe telling signal WAS Starbucks but the signal occurred when they announced the closing of 300 stores (late 2008 or early 2009)
Then, Toyota sales declined dramatically in the US
If those two signals aren’t enough for you then you aren’t paying attention and don’t understand what drives the US economy (it’s the consumer, stupid!)
May 1, 2009 at 9:05 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3908814plexowner
Participantmaybe people don’t realize that 4S Ranch is actually fireproof and therefore paying over $500K for low-quality tract homes that can be rented for less than the ownership cost makes sense?
May 1, 2009 at 9:05 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3911444plexowner
Participantmaybe people don’t realize that 4S Ranch is actually fireproof and therefore paying over $500K for low-quality tract homes that can be rented for less than the ownership cost makes sense?
May 1, 2009 at 9:05 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3913524plexowner
Participantmaybe people don’t realize that 4S Ranch is actually fireproof and therefore paying over $500K for low-quality tract homes that can be rented for less than the ownership cost makes sense?
May 1, 2009 at 9:05 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3914044plexowner
Participantmaybe people don’t realize that 4S Ranch is actually fireproof and therefore paying over $500K for low-quality tract homes that can be rented for less than the ownership cost makes sense?
May 1, 2009 at 9:05 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3915464plexowner
Participantmaybe people don’t realize that 4S Ranch is actually fireproof and therefore paying over $500K for low-quality tract homes that can be rented for less than the ownership cost makes sense?
May 1, 2009 at 9:01 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3908714plexowner
Participant“America has too many houses”
yes, but it’s ONLY a few million excess units – surely there are enough rich foreigners to buy them all and keep real estate values high (aren’t there? I hope, I hope, I hope ….)
May 1, 2009 at 9:01 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3911344plexowner
Participant“America has too many houses”
yes, but it’s ONLY a few million excess units – surely there are enough rich foreigners to buy them all and keep real estate values high (aren’t there? I hope, I hope, I hope ….)
May 1, 2009 at 9:01 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3913424plexowner
Participant“America has too many houses”
yes, but it’s ONLY a few million excess units – surely there are enough rich foreigners to buy them all and keep real estate values high (aren’t there? I hope, I hope, I hope ….)
May 1, 2009 at 9:01 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3913944plexowner
Participant“America has too many houses”
yes, but it’s ONLY a few million excess units – surely there are enough rich foreigners to buy them all and keep real estate values high (aren’t there? I hope, I hope, I hope ….)
May 1, 2009 at 9:01 AM in reply to: 20 new homes to be bulldozed in Temecula (signaling a bottom:) #3915364plexowner
Participant“America has too many houses”
yes, but it’s ONLY a few million excess units – surely there are enough rich foreigners to buy them all and keep real estate values high (aren’t there? I hope, I hope, I hope ….)
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