[bsrsharma]

What will be the next boom

I heard that the ones (investor kind) who made a killing in the  housing bubble are looking into speculation in farmland as the next "growth opportunity".  Another one is "clean water opportunity" which is basically rights to water source  for cities. Just think of Enron and Electricity deregulation.

[bsrsharma]

What will be the next boom

I heard that the ones (investor kind) who made a killing in the  housing bubble are looking into speculation in farmland as the next "growth opportunity".  Another one is "clean water opportunity" which is basically rights to water source  for cities. Just think of Enron and Electricity deregulation.

[bsrsharma]

Your analysis is generally OK. But, by the “Law of conservation of homes”, all those foreclosed homes have to eventually fall into rental space, in the absence of owner occupants. So, though the number of renters will skyrocket, the number of rental properties will also skyrocket. On the whole, the existing excess inventory and the fact that builders will keep on building assures plentiful housing. There may be local hiccups, but on the larger scale it is going to be excess supply chasing demand leading to drop in rents.

[bsrsharma]

Your analysis is generally OK. But, by the “Law of conservation of homes”, all those foreclosed homes have to eventually fall into rental space, in the absence of owner occupants. So, though the number of renters will skyrocket, the number of rental properties will also skyrocket. On the whole, the existing excess inventory and the fact that builders will keep on building assures plentiful housing. There may be local hiccups, but on the larger scale it is going to be excess supply chasing demand leading to drop in rents.

[bsrsharma]

Your analysis is generally OK. But, by the “Law of conservation of homes”, all those foreclosed homes have to eventually fall into rental space, in the absence of owner occupants. So, though the number of renters will skyrocket, the number of rental properties will also skyrocket. On the whole, the existing excess inventory and the fact that builders will keep on building assures plentiful housing. There may be local hiccups, but on the larger scale it is going to be excess supply chasing demand leading to drop in rents.

[bsrsharma]

what do people consider to be "high-end"?

Above 500K is the new effective high end since larger part of purchase price will be down payment. That is a steeply declining curve on the affordability chart. Of course, million $ + will be truly high end since fewer of them will be bought with a mortgage, putting them out of salaried bracket.

[bsrsharma]

what do people consider to be "high-end"?

Above 500K is the new effective high end since larger part of purchase price will be down payment. That is a steeply declining curve on the affordability chart. Of course, million $ + will be truly high end since fewer of them will be bought with a mortgage, putting them out of salaried bracket.

[bsrsharma]

what do people consider to be "high-end"?

Above 500K is the new effective high end since larger part of purchase price will be down payment. That is a steeply declining curve on the affordability chart. Of course, million $ + will be truly high end since fewer of them will be bought with a mortgage, putting them out of salaried bracket.

[bsrsharma]

there will be plenty of knife catchers long before this house hits 500k, so many that the olympic knife catching team will move it's headquarters there.

You mean there will still be knife catching lenders?  You don't suppose there will be knife catching cash buyers, do you? 

[bsrsharma]

there will be plenty of knife catchers long before this house hits 500k, so many that the olympic knife catching team will move it's headquarters there.

You mean there will still be knife catching lenders?  You don't suppose there will be knife catching cash buyers, do you? 

[bsrsharma]

there will be plenty of knife catchers long before this house hits 500k, so many that the olympic knife catching team will move it's headquarters there.

You mean there will still be knife catching lenders?  You don't suppose there will be knife catching cash buyers, do you? 

[bsrsharma]

once the dollar drops

My take on this is that once  the $ drops, we will be too busy fixing our own house and we won't be the world's policeman. With those entanglements severed, we won't be attractive to trouble makers. We may go back to the life between the World Wars.

[bsrsharma]

once the dollar drops

My take on this is that once  the $ drops, we will be too busy fixing our own house and we won't be the world's policeman. With those entanglements severed, we won't be attractive to trouble makers. We may go back to the life between the World Wars.

[bsrsharma]

once the dollar drops

My take on this is that once  the $ drops, we will be too busy fixing our own house and we won't be the world's policeman. With those entanglements severed, we won't be attractive to trouble makers. We may go back to the life between the World Wars.

[bsrsharma]

Real Rich folks pay cash; Debt is for sissies!

The good doctor should learn the new mantra.

Many years ago, I saw (in another country) this plaque on the wall of a store and admired – “In God We Trust, Rest Pay Cash”.

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