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bsrsharma
ParticipantRustico,
Yes, I too didn’t like it. It was called “The Celebration of the Lizard” performed by the San Diego Repertory Theater. But the general pessimism of the show matches the state of real estate today.
ParticipantLookoutBelow,
Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!
ParticipantLookoutBelow,
Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!
ParticipantLookoutBelow,
Your graphic description reminds me of a DOOR’s Musical about Apocalypse I saw in 2000 in Horton Plaza. What a metaphor for the current Housing market!
Participant“flooding the world with shoddy merchandise,…”
Great article, but left out one thing very important. Once the “entitlement” bomb for the baby boomers goes off by 2011, too much treasury paper will chase few $ causing it to fall like a rock a la late 1970s. Its impact on interest rates will be severe. This is the last generation of single digit rates. By 2020, 15% may be cheap money.
Participant“flooding the world with shoddy merchandise,…”
Great article, but left out one thing very important. Once the “entitlement” bomb for the baby boomers goes off by 2011, too much treasury paper will chase few $ causing it to fall like a rock a la late 1970s. Its impact on interest rates will be severe. This is the last generation of single digit rates. By 2020, 15% may be cheap money.
Participant“flooding the world with shoddy merchandise,…”
Great article, but left out one thing very important. Once the “entitlement” bomb for the baby boomers goes off by 2011, too much treasury paper will chase few $ causing it to fall like a rock a la late 1970s. Its impact on interest rates will be severe. This is the last generation of single digit rates. By 2020, 15% may be cheap money.
Participant“when this does sell”
Some one should tell such sellers: there is this magic number called $417,000. Price it below, you may have a (slim) chance; else it will be your estate to your heirs. Obviously, this house has to go through REO route before that happens.
Participant“when this does sell”
Some one should tell such sellers: there is this magic number called $417,000. Price it below, you may have a (slim) chance; else it will be your estate to your heirs. Obviously, this house has to go through REO route before that happens.
Participant“when this does sell”
Some one should tell such sellers: there is this magic number called $417,000. Price it below, you may have a (slim) chance; else it will be your estate to your heirs. Obviously, this house has to go through REO route before that happens.
Participant“Please help this lady”
Dina: Here is one advice – Try marrying Donald Trump!
Participant“Please help this lady”
Dina: Here is one advice – Try marrying Donald Trump!
Participant“Please help this lady”
Dina: Here is one advice – Try marrying Donald Trump!
August 10, 2007 at 9:39 AM in reply to: Why is overall credit market tanking on mortgage defaults #72749ParticipantThe dirty little secret is CMOs are not the only toilet paper in the portfolio. The credit market was drunk and bought a lot of “covenent lite” (commercial/junk) paper, that they are now suspecting will follow the path of “Ninja Loans” i.e. illiquid and eventually worthless. With that much capital loss/illiquidity + fear, condition is ripe for an extended credit crunch. Add to it the fact that a lot of these “investors” were overseas with weaker understanding of US markets, you can see why they would develop a renewed “fear of the foreigner”.
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