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  • September 15, 2008 at 11:46 PM in reply to: Bailout won’t cure all that ails housing #270826
    bob007
    Participant

    Coastal california will be the last shoe to drop. Imagine a $20 billion extended cut in the California State Budget.

    The government is incapable of nationalizing the lending industry. It takes money away from all other social programs that Obama wants or the wars McCain wants to prosecute. They will alllow interest rates to rise to allow market forces to function.

    Interest rates from 6% to 9% will marginally affect housing in Dallas or North Dakota. It can put a Texas size hole in the California market.

    September 15, 2008 at 11:46 PM in reply to: Bailout won’t cure all that ails housing #271066
    bob007
    Participant

    Coastal california will be the last shoe to drop. Imagine a $20 billion extended cut in the California State Budget.

    The government is incapable of nationalizing the lending industry. It takes money away from all other social programs that Obama wants or the wars McCain wants to prosecute. They will alllow interest rates to rise to allow market forces to function.

    Interest rates from 6% to 9% will marginally affect housing in Dallas or North Dakota. It can put a Texas size hole in the California market.

    September 15, 2008 at 11:46 PM in reply to: Bailout won’t cure all that ails housing #271079
    bob007
    Participant

    Coastal california will be the last shoe to drop. Imagine a $20 billion extended cut in the California State Budget.

    The government is incapable of nationalizing the lending industry. It takes money away from all other social programs that Obama wants or the wars McCain wants to prosecute. They will alllow interest rates to rise to allow market forces to function.

    Interest rates from 6% to 9% will marginally affect housing in Dallas or North Dakota. It can put a Texas size hole in the California market.

    September 15, 2008 at 11:46 PM in reply to: Bailout won’t cure all that ails housing #271117
    bob007
    Participant

    Coastal california will be the last shoe to drop. Imagine a $20 billion extended cut in the California State Budget.

    The government is incapable of nationalizing the lending industry. It takes money away from all other social programs that Obama wants or the wars McCain wants to prosecute. They will alllow interest rates to rise to allow market forces to function.

    Interest rates from 6% to 9% will marginally affect housing in Dallas or North Dakota. It can put a Texas size hole in the California market.

    September 15, 2008 at 11:46 PM in reply to: Bailout won’t cure all that ails housing #271144
    bob007
    Participant

    Coastal california will be the last shoe to drop. Imagine a $20 billion extended cut in the California State Budget.

    The government is incapable of nationalizing the lending industry. It takes money away from all other social programs that Obama wants or the wars McCain wants to prosecute. They will alllow interest rates to rise to allow market forces to function.

    Interest rates from 6% to 9% will marginally affect housing in Dallas or North Dakota. It can put a Texas size hole in the California market.

    September 14, 2008 at 8:34 PM in reply to: Bailout won’t cure all that ails housing #270225
    bob007
    Participant

    sdrealtor:

    do you think the high priced coastal areas are a year or two away from declining ?

    given the risks in loaning money for homes i would presume interest rates will go up eventually. Who is going US mortgages at 6% ? Obviously not the Chinese

    September 14, 2008 at 8:34 PM in reply to: Bailout won’t cure all that ails housing #270460
    bob007
    Participant

    sdrealtor:

    do you think the high priced coastal areas are a year or two away from declining ?

    given the risks in loaning money for homes i would presume interest rates will go up eventually. Who is going US mortgages at 6% ? Obviously not the Chinese

    September 14, 2008 at 8:34 PM in reply to: Bailout won’t cure all that ails housing #270463
    bob007
    Participant

    sdrealtor:

    do you think the high priced coastal areas are a year or two away from declining ?

    given the risks in loaning money for homes i would presume interest rates will go up eventually. Who is going US mortgages at 6% ? Obviously not the Chinese

    September 14, 2008 at 8:34 PM in reply to: Bailout won’t cure all that ails housing #270512
    bob007
    Participant

    sdrealtor:

    do you think the high priced coastal areas are a year or two away from declining ?

    given the risks in loaning money for homes i would presume interest rates will go up eventually. Who is going US mortgages at 6% ? Obviously not the Chinese

    September 14, 2008 at 8:34 PM in reply to: Bailout won’t cure all that ails housing #270538
    bob007
    Participant

    sdrealtor:

    do you think the high priced coastal areas are a year or two away from declining ?

    given the risks in loaning money for homes i would presume interest rates will go up eventually. Who is going US mortgages at 6% ? Obviously not the Chinese

    September 14, 2008 at 8:31 PM in reply to: bubble blog predators #270220
    bob007
    Participant

    bobcats look sort of cute

    September 14, 2008 at 8:31 PM in reply to: bubble blog predators #270455
    bob007
    Participant

    bobcats look sort of cute

    September 14, 2008 at 8:31 PM in reply to: bubble blog predators #270458
    bob007
    Participant

    bobcats look sort of cute

    September 14, 2008 at 8:31 PM in reply to: bubble blog predators #270507
    bob007
    Participant

    bobcats look sort of cute

    September 14, 2008 at 8:31 PM in reply to: bubble blog predators #270533
    bob007
    Participant

    bobcats look sort of cute

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