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October 10, 2007 at 10:00 PM in reply to: So you still think that a 50% correction or more is crazy??? #87979
bob007
ParticipantDemocrats is the party of New York financial interests and Silicon Valley venture capitalists.
Add petty self interest groups like gays, public sector employees etc.
Having said that they have the brain cells not to nominate dimwits like Bush
ParticipantDemocrats is the party of New York financial interests and Silicon Valley venture capitalists.
Add petty self interest groups like gays, public sector employees etc.
Having said that they have the brain cells not to nominate dimwits like Bush
Participantis there a risk ?
ParticipantNorv Turner is a great offensive co-ordinator. He was responsible for Cowboys success in the early 1990s. He did a decent job getting output of Alex Smith, Frank Gore at San Francisco. He should have stayed at SF for couple of more years.
Participantlook for middle class indians to buy lots of gold skewing gold prices
Participantwell inflation cannot be behind. high long term interest rates follow inflation.
you do not want to see what 10% mortgage rate does to California real estate values.
September 28, 2007 at 12:08 PM in reply to: VOTE: state of the bubble collapse, Worse, OR Better than your expectation? #86250ParticipantI did not mean to attack gays or blame homosexuals for anything. For example how many serious modern movies can you find without vulgar language ?
Trust me – if all those working on movies had kids/family they would stop to think twice. Right now they are too busy paying off their mortgages.
September 27, 2007 at 10:35 PM in reply to: November 2006 MONEY.CNN “BubbleProof Markets” – Ha, Ha #86201Participanti expect cities with net inflow of middle class folks to do well.
sunbelt cities that attract wealthy retires from the northeast
tech centers with moderate cost of living – Austin, Dallas, Raleigh, Portland, Seattle, Boise (some of them will hold. some won’t)
September 27, 2007 at 10:30 PM in reply to: VOTE: state of the bubble collapse, Worse, OR Better than your expectation? #86200Participantppl in this blog are way too impatient and self-centered.
high housing prices put a big burden on young couples who want to start families. i notice they are plenty of yuppies in california who postpone marriage or stay single.
while indivduals have the freedom/choice to make their own decisions the end result of these choices are the following
1. low birth rate among upper middle class folks especially in the coastal states and new england.
2. lack of funding for schools especially those of poor/working class kids (a lot of whom happen to be legal/illegal Latinos in California). I vehemently oppose illegal immigration and amnesty. But societal implications of under-educated Latinos youth are not hard to imagine. it does not do any good to housing values come 2025-2030.
3. oblivious to cultural concerns of those parents trying to raise kids
more trash on network and cable television.
more tolerance of alternate lifestylesSeptember 24, 2007 at 9:16 PM in reply to: “If you want to sell your house then you list it at the market price and you sell it,” he said. “If you don’t really want to sel #85778Participantwhy do economists care if sellers do not reduce their prices ?
Are you being shills for transaction based financial industry ?ParticipantDemocrats are more responsible for this housing mess.
1. They back current public school education system. They oppose vouchers.
2. Their political base tends to be in high price metropolitan areas
3. They like a nanny approach to government
ParticipantI like San Diego – nice weather, cheaper housing compared to LA/Bay Area, mid-sized metro area
On the flip side the job base is limited, incomes are low compared to cost of living
Participanti would love a 25 acre ranch on a cliff overlooking the coast
Participantwhy are realtors so concerned about the price ? they get paid 3% of the selling price ? 3% of selling price is better than $0
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