[an]

[quote=deadzone]Doesn’t change my point. Sure Piggs are the minority, they were one of the few groups who didn’t purchase during the housing bubble while virtually everybody else did.

Now that Piggs are out of the market, who is left? Doesn’t change the fact that to me this is a contrarian indicator that confirms more than ever that home prices are about to take another crap.[/quote]
Who’s left? How about investors? But if you think there’s no more money left on the sideline, then the investors variable wouldn’t apply. How about new house hold being created everyday? How about new residents who are moving here?

[an]

[quote=deadzone]Doesn’t change my point. Sure Piggs are the minority, they were one of the few groups who didn’t purchase during the housing bubble while virtually everybody else did.

Now that Piggs are out of the market, who is left? Doesn’t change the fact that to me this is a contrarian indicator that confirms more than ever that home prices are about to take another crap.[/quote]
Who’s left? How about investors? But if you think there’s no more money left on the sideline, then the investors variable wouldn’t apply. How about new house hold being created everyday? How about new residents who are moving here?

[an]

Piggs are not the majority. So, if you want to be a true contrarian, then you should look at the market as a whole. I would say most long term Piggs are contrarians themselves. So, if you go against long term Piggs, you’re a contrarian of contrarians.

[an]

Piggs are not the majority. So, if you want to be a true contrarian, then you should look at the market as a whole. I would say most long term Piggs are contrarians themselves. So, if you go against long term Piggs, you’re a contrarian of contrarians.

[an]

Piggs are not the majority. So, if you want to be a true contrarian, then you should look at the market as a whole. I would say most long term Piggs are contrarians themselves. So, if you go against long term Piggs, you’re a contrarian of contrarians.

[an]

Piggs are not the majority. So, if you want to be a true contrarian, then you should look at the market as a whole. I would say most long term Piggs are contrarians themselves. So, if you go against long term Piggs, you’re a contrarian of contrarians.

[an]

Piggs are not the majority. So, if you want to be a true contrarian, then you should look at the market as a whole. I would say most long term Piggs are contrarians themselves. So, if you go against long term Piggs, you’re a contrarian of contrarians.

[an]

[quote=CA renter]
If the properties aren’t owned by the people who live in them, then the residents (productive workers) are giving up their wealth (earned income) to those who earn their money via capital vs. labor. As a general rule, those who earn their living via capital tend to be wealthier than those who earn their living via labor.

We need to determine if we, as a society, benefit more from having stable communities where the residents and local workers own their own homes, or if we benefit more from having legions of renters who pay most of their wages to the rentier class (landlords) who tend to have more capital than the people who live in those houses — which further exacerbates the growing wealth divide, and all the problems that go with it.[/quote]
Nothing you said has anything to do with rights. Society that’s the most free is best in my eyes. Freedom for the rich, the poor, the fat, the skinny, etc. There should never be a group that get singled out and have their freedom taken away from them. Which is why i think America is still the best country among the developed countries.

[an]

[quote=CA renter]
If the properties aren’t owned by the people who live in them, then the residents (productive workers) are giving up their wealth (earned income) to those who earn their money via capital vs. labor. As a general rule, those who earn their living via capital tend to be wealthier than those who earn their living via labor.

We need to determine if we, as a society, benefit more from having stable communities where the residents and local workers own their own homes, or if we benefit more from having legions of renters who pay most of their wages to the rentier class (landlords) who tend to have more capital than the people who live in those houses — which further exacerbates the growing wealth divide, and all the problems that go with it.[/quote]
Nothing you said has anything to do with rights. Society that’s the most free is best in my eyes. Freedom for the rich, the poor, the fat, the skinny, etc. There should never be a group that get singled out and have their freedom taken away from them. Which is why i think America is still the best country among the developed countries.

[an]

[quote=CA renter]
If the properties aren’t owned by the people who live in them, then the residents (productive workers) are giving up their wealth (earned income) to those who earn their money via capital vs. labor. As a general rule, those who earn their living via capital tend to be wealthier than those who earn their living via labor.

We need to determine if we, as a society, benefit more from having stable communities where the residents and local workers own their own homes, or if we benefit more from having legions of renters who pay most of their wages to the rentier class (landlords) who tend to have more capital than the people who live in those houses — which further exacerbates the growing wealth divide, and all the problems that go with it.[/quote]
Nothing you said has anything to do with rights. Society that’s the most free is best in my eyes. Freedom for the rich, the poor, the fat, the skinny, etc. There should never be a group that get singled out and have their freedom taken away from them. Which is why i think America is still the best country among the developed countries.

[an]

[quote=CA renter]
If the properties aren’t owned by the people who live in them, then the residents (productive workers) are giving up their wealth (earned income) to those who earn their money via capital vs. labor. As a general rule, those who earn their living via capital tend to be wealthier than those who earn their living via labor.

We need to determine if we, as a society, benefit more from having stable communities where the residents and local workers own their own homes, or if we benefit more from having legions of renters who pay most of their wages to the rentier class (landlords) who tend to have more capital than the people who live in those houses — which further exacerbates the growing wealth divide, and all the problems that go with it.[/quote]
Nothing you said has anything to do with rights. Society that’s the most free is best in my eyes. Freedom for the rich, the poor, the fat, the skinny, etc. There should never be a group that get singled out and have their freedom taken away from them. Which is why i think America is still the best country among the developed countries.

[an]

[quote=CA renter]
If the properties aren’t owned by the people who live in them, then the residents (productive workers) are giving up their wealth (earned income) to those who earn their money via capital vs. labor. As a general rule, those who earn their living via capital tend to be wealthier than those who earn their living via labor.

We need to determine if we, as a society, benefit more from having stable communities where the residents and local workers own their own homes, or if we benefit more from having legions of renters who pay most of their wages to the rentier class (landlords) who tend to have more capital than the people who live in those houses — which further exacerbates the growing wealth divide, and all the problems that go with it.[/quote]
Nothing you said has anything to do with rights. Society that’s the most free is best in my eyes. Freedom for the rich, the poor, the fat, the skinny, etc. There should never be a group that get singled out and have their freedom taken away from them. Which is why i think America is still the best country among the developed countries.

[an]

[quote=CA renter]Personally, I think the “right” to own one’s home supercedes the “right” of the wealthy to extract more wealth from the productive workers who need that shelter.[/quote]
Who here ever said the wealthy have the “right” to extract more wealth from the productive work? Who here ever said creating wealth “period” is a “right” at all?

[an]

[quote=CA renter]Personally, I think the “right” to own one’s home supercedes the “right” of the wealthy to extract more wealth from the productive workers who need that shelter.[/quote]
Who here ever said the wealthy have the “right” to extract more wealth from the productive work? Who here ever said creating wealth “period” is a “right” at all?

[an]

[quote=CA renter]Personally, I think the “right” to own one’s home supercedes the “right” of the wealthy to extract more wealth from the productive workers who need that shelter.[/quote]
Who here ever said the wealthy have the “right” to extract more wealth from the productive work? Who here ever said creating wealth “period” is a “right” at all?

[Author]

Posts