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barnaby33ParticipantDismal because of the supply, or dismal because a lot of the places are being run down?
Josh
barnaby33ParticipantDismal because of the supply, or dismal because a lot of the places are being run down?
JoshFebruary 2, 2008 at 5:58 PM in reply to: I predict the rate cuts will lead to more inventory #147303
barnaby33ParticipantI’m not saying inventory won’t rise, but I do believe it will be lower than if they didn’t cut.
Stan you make the faulty assumption that a lower FFR translates into lower mortgage rates and that ain’t so. Mortgage rates are going to go up, as banks have to charge more to cover the losses being incurred.
Josh
February 2, 2008 at 5:58 PM in reply to: I predict the rate cuts will lead to more inventory #147549
barnaby33ParticipantI’m not saying inventory won’t rise, but I do believe it will be lower than if they didn’t cut.
Stan you make the faulty assumption that a lower FFR translates into lower mortgage rates and that ain’t so. Mortgage rates are going to go up, as banks have to charge more to cover the losses being incurred.
Josh
February 2, 2008 at 5:58 PM in reply to: I predict the rate cuts will lead to more inventory #147573
barnaby33ParticipantI’m not saying inventory won’t rise, but I do believe it will be lower than if they didn’t cut.
Stan you make the faulty assumption that a lower FFR translates into lower mortgage rates and that ain’t so. Mortgage rates are going to go up, as banks have to charge more to cover the losses being incurred.
Josh
February 2, 2008 at 5:58 PM in reply to: I predict the rate cuts will lead to more inventory #147582
barnaby33ParticipantI’m not saying inventory won’t rise, but I do believe it will be lower than if they didn’t cut.
Stan you make the faulty assumption that a lower FFR translates into lower mortgage rates and that ain’t so. Mortgage rates are going to go up, as banks have to charge more to cover the losses being incurred.
Josh
February 2, 2008 at 5:58 PM in reply to: I predict the rate cuts will lead to more inventory #147649
barnaby33ParticipantI’m not saying inventory won’t rise, but I do believe it will be lower than if they didn’t cut.
Stan you make the faulty assumption that a lower FFR translates into lower mortgage rates and that ain’t so. Mortgage rates are going to go up, as banks have to charge more to cover the losses being incurred.
Josh
barnaby33ParticipantSD Realtor, at least you have the right level of fear for whats coming, a slowly moving tsunami. Now imagine the backlash of anger that fear generates and you’ve got the proper context for a lot of the glee filled, “bring it on,” postings you and FLU are pointing out.
I’ve only lived through one recession as an adult. I’m 33. I have however lived through the 90’s recession as a cognizant teenager. More importantly my father will be 87 in two months. Thats right a child of The Depression. Not a recession, “The Depression.” You know when kids went to school with lard sandwiches. The anger I feel and probably others feel as well is that it was all preventable.
I’m torn. I know the suffering has to happen to clean out the underbrush, I know I will be affected by it. That creates internal conflict which often makes me seem to others as cheering on the coming tsunami. I don’t and I’d wager that if you talked face to face with most of the others who appear to cheer they don’t either.
This post isn’t nearly as cathartic as I’d hoped it would be.
Josh
barnaby33ParticipantSD Realtor, at least you have the right level of fear for whats coming, a slowly moving tsunami. Now imagine the backlash of anger that fear generates and you’ve got the proper context for a lot of the glee filled, “bring it on,” postings you and FLU are pointing out.
I’ve only lived through one recession as an adult. I’m 33. I have however lived through the 90’s recession as a cognizant teenager. More importantly my father will be 87 in two months. Thats right a child of The Depression. Not a recession, “The Depression.” You know when kids went to school with lard sandwiches. The anger I feel and probably others feel as well is that it was all preventable.
I’m torn. I know the suffering has to happen to clean out the underbrush, I know I will be affected by it. That creates internal conflict which often makes me seem to others as cheering on the coming tsunami. I don’t and I’d wager that if you talked face to face with most of the others who appear to cheer they don’t either.
This post isn’t nearly as cathartic as I’d hoped it would be.
Josh
barnaby33ParticipantSD Realtor, at least you have the right level of fear for whats coming, a slowly moving tsunami. Now imagine the backlash of anger that fear generates and you’ve got the proper context for a lot of the glee filled, “bring it on,” postings you and FLU are pointing out.
I’ve only lived through one recession as an adult. I’m 33. I have however lived through the 90’s recession as a cognizant teenager. More importantly my father will be 87 in two months. Thats right a child of The Depression. Not a recession, “The Depression.” You know when kids went to school with lard sandwiches. The anger I feel and probably others feel as well is that it was all preventable.
I’m torn. I know the suffering has to happen to clean out the underbrush, I know I will be affected by it. That creates internal conflict which often makes me seem to others as cheering on the coming tsunami. I don’t and I’d wager that if you talked face to face with most of the others who appear to cheer they don’t either.
This post isn’t nearly as cathartic as I’d hoped it would be.
Josh
barnaby33ParticipantSD Realtor, at least you have the right level of fear for whats coming, a slowly moving tsunami. Now imagine the backlash of anger that fear generates and you’ve got the proper context for a lot of the glee filled, “bring it on,” postings you and FLU are pointing out.
I’ve only lived through one recession as an adult. I’m 33. I have however lived through the 90’s recession as a cognizant teenager. More importantly my father will be 87 in two months. Thats right a child of The Depression. Not a recession, “The Depression.” You know when kids went to school with lard sandwiches. The anger I feel and probably others feel as well is that it was all preventable.
I’m torn. I know the suffering has to happen to clean out the underbrush, I know I will be affected by it. That creates internal conflict which often makes me seem to others as cheering on the coming tsunami. I don’t and I’d wager that if you talked face to face with most of the others who appear to cheer they don’t either.
This post isn’t nearly as cathartic as I’d hoped it would be.
Josh
barnaby33ParticipantSD Realtor, at least you have the right level of fear for whats coming, a slowly moving tsunami. Now imagine the backlash of anger that fear generates and you’ve got the proper context for a lot of the glee filled, “bring it on,” postings you and FLU are pointing out.
I’ve only lived through one recession as an adult. I’m 33. I have however lived through the 90’s recession as a cognizant teenager. More importantly my father will be 87 in two months. Thats right a child of The Depression. Not a recession, “The Depression.” You know when kids went to school with lard sandwiches. The anger I feel and probably others feel as well is that it was all preventable.
I’m torn. I know the suffering has to happen to clean out the underbrush, I know I will be affected by it. That creates internal conflict which often makes me seem to others as cheering on the coming tsunami. I don’t and I’d wager that if you talked face to face with most of the others who appear to cheer they don’t either.
This post isn’t nearly as cathartic as I’d hoped it would be.
Josh
barnaby33ParticipantOf course, what else really matters?
Not sure if that was an attack or not, if so its pretty weak. As someone who was an admitted enabler of the fiasco we are now living through you hardly get to point the finger.
Just because I was too morally weak too lever up to the hilt last go-round, doesn’t mean I didn’t learn my lesson.
Josh
barnaby33ParticipantOf course, what else really matters?
Not sure if that was an attack or not, if so its pretty weak. As someone who was an admitted enabler of the fiasco we are now living through you hardly get to point the finger.
Just because I was too morally weak too lever up to the hilt last go-round, doesn’t mean I didn’t learn my lesson.
Josh
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