Forum Replies Created
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May 22, 2008 at 4:51 AM in reply to: Now tell me the Fed is not causing the current commodity crisis. #209545
CA renter
ParticipantExcellent post, Capeman!
There is always a “fundamental” argument whenever we see bubbles; otherwise, it would be too difficult to convince everyone to pile in.
Obviously, we should be looking at alternative energy sources and reducing our consumption…but that’s just common sense.
I vote for a commodities bubble as it relates to the dollar decline. It may well continue if nothing is done to save the dollar, but what would happen if we get a Volcker in there (we can hope!)?
May 22, 2008 at 4:51 AM in reply to: Now tell me the Fed is not causing the current commodity crisis. #209609CA renter
ParticipantExcellent post, Capeman!
There is always a “fundamental” argument whenever we see bubbles; otherwise, it would be too difficult to convince everyone to pile in.
Obviously, we should be looking at alternative energy sources and reducing our consumption…but that’s just common sense.
I vote for a commodities bubble as it relates to the dollar decline. It may well continue if nothing is done to save the dollar, but what would happen if we get a Volcker in there (we can hope!)?
May 22, 2008 at 4:51 AM in reply to: Now tell me the Fed is not causing the current commodity crisis. #209637CA renter
ParticipantExcellent post, Capeman!
There is always a “fundamental” argument whenever we see bubbles; otherwise, it would be too difficult to convince everyone to pile in.
Obviously, we should be looking at alternative energy sources and reducing our consumption…but that’s just common sense.
I vote for a commodities bubble as it relates to the dollar decline. It may well continue if nothing is done to save the dollar, but what would happen if we get a Volcker in there (we can hope!)?
May 22, 2008 at 4:51 AM in reply to: Now tell me the Fed is not causing the current commodity crisis. #209657CA renter
ParticipantExcellent post, Capeman!
There is always a “fundamental” argument whenever we see bubbles; otherwise, it would be too difficult to convince everyone to pile in.
Obviously, we should be looking at alternative energy sources and reducing our consumption…but that’s just common sense.
I vote for a commodities bubble as it relates to the dollar decline. It may well continue if nothing is done to save the dollar, but what would happen if we get a Volcker in there (we can hope!)?
May 22, 2008 at 4:51 AM in reply to: Now tell me the Fed is not causing the current commodity crisis. #209691CA renter
ParticipantExcellent post, Capeman!
There is always a “fundamental” argument whenever we see bubbles; otherwise, it would be too difficult to convince everyone to pile in.
Obviously, we should be looking at alternative energy sources and reducing our consumption…but that’s just common sense.
I vote for a commodities bubble as it relates to the dollar decline. It may well continue if nothing is done to save the dollar, but what would happen if we get a Volcker in there (we can hope!)?
CA renter
ParticipantMaybe those books in the 80s were right. What would have happened to our economy if the credit markets weren’t unleashed around 1982?
IMHO, we’ve been fighting deflation (result of globalization) with expansionary credit for decades. What we’ve seen since 2001 is the blow-off top.
CA renter
ParticipantMaybe those books in the 80s were right. What would have happened to our economy if the credit markets weren’t unleashed around 1982?
IMHO, we’ve been fighting deflation (result of globalization) with expansionary credit for decades. What we’ve seen since 2001 is the blow-off top.
CA renter
ParticipantMaybe those books in the 80s were right. What would have happened to our economy if the credit markets weren’t unleashed around 1982?
IMHO, we’ve been fighting deflation (result of globalization) with expansionary credit for decades. What we’ve seen since 2001 is the blow-off top.
CA renter
ParticipantMaybe those books in the 80s were right. What would have happened to our economy if the credit markets weren’t unleashed around 1982?
IMHO, we’ve been fighting deflation (result of globalization) with expansionary credit for decades. What we’ve seen since 2001 is the blow-off top.
CA renter
ParticipantMaybe those books in the 80s were right. What would have happened to our economy if the credit markets weren’t unleashed around 1982?
IMHO, we’ve been fighting deflation (result of globalization) with expansionary credit for decades. What we’ve seen since 2001 is the blow-off top.
May 21, 2008 at 2:49 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208923CA renter
ParticipantWe rent a nice 4 bedroom SFH — with a private backyard — in North County, about 10 minutes from the beach. It’s not everything we want, but we make due because rent is significantly cheaper than buying the same house, even with 20-30% down.
Our landlord has spent about $15,000 on repairs & maintenance in the past 4 years (big mold problem before we moved in took up most of that). We’ve spent about $5,000 with the agreement that there will be no rent increases until mid-2009, at the earliest. We got a new shower, and even got to choose the tiles, shower door, grout color, etc. ๐
We aren’t trying to profit from someone else’s misery, but we certainly won’t enslave ourselves to debt for 30 years just to give someone else a profit on a over-priced house.
I think a lot of posters aren’t bottom-feeders, as much as they are realists. It’s entirely possible we won’t have pensions or SS or healthcare available to us as current and preceding generations do, thus forcing us to save even more. There is no guarantee that housing prices will rise in perpetuity. What if the multi-decade expansionary credit cycle changes direction?
May 21, 2008 at 2:49 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208981CA renter
ParticipantWe rent a nice 4 bedroom SFH — with a private backyard — in North County, about 10 minutes from the beach. It’s not everything we want, but we make due because rent is significantly cheaper than buying the same house, even with 20-30% down.
Our landlord has spent about $15,000 on repairs & maintenance in the past 4 years (big mold problem before we moved in took up most of that). We’ve spent about $5,000 with the agreement that there will be no rent increases until mid-2009, at the earliest. We got a new shower, and even got to choose the tiles, shower door, grout color, etc. ๐
We aren’t trying to profit from someone else’s misery, but we certainly won’t enslave ourselves to debt for 30 years just to give someone else a profit on a over-priced house.
I think a lot of posters aren’t bottom-feeders, as much as they are realists. It’s entirely possible we won’t have pensions or SS or healthcare available to us as current and preceding generations do, thus forcing us to save even more. There is no guarantee that housing prices will rise in perpetuity. What if the multi-decade expansionary credit cycle changes direction?
May 21, 2008 at 2:49 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #209010CA renter
ParticipantWe rent a nice 4 bedroom SFH — with a private backyard — in North County, about 10 minutes from the beach. It’s not everything we want, but we make due because rent is significantly cheaper than buying the same house, even with 20-30% down.
Our landlord has spent about $15,000 on repairs & maintenance in the past 4 years (big mold problem before we moved in took up most of that). We’ve spent about $5,000 with the agreement that there will be no rent increases until mid-2009, at the earliest. We got a new shower, and even got to choose the tiles, shower door, grout color, etc. ๐
We aren’t trying to profit from someone else’s misery, but we certainly won’t enslave ourselves to debt for 30 years just to give someone else a profit on a over-priced house.
I think a lot of posters aren’t bottom-feeders, as much as they are realists. It’s entirely possible we won’t have pensions or SS or healthcare available to us as current and preceding generations do, thus forcing us to save even more. There is no guarantee that housing prices will rise in perpetuity. What if the multi-decade expansionary credit cycle changes direction?
May 21, 2008 at 2:49 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #209034CA renter
ParticipantWe rent a nice 4 bedroom SFH — with a private backyard — in North County, about 10 minutes from the beach. It’s not everything we want, but we make due because rent is significantly cheaper than buying the same house, even with 20-30% down.
Our landlord has spent about $15,000 on repairs & maintenance in the past 4 years (big mold problem before we moved in took up most of that). We’ve spent about $5,000 with the agreement that there will be no rent increases until mid-2009, at the earliest. We got a new shower, and even got to choose the tiles, shower door, grout color, etc. ๐
We aren’t trying to profit from someone else’s misery, but we certainly won’t enslave ourselves to debt for 30 years just to give someone else a profit on a over-priced house.
I think a lot of posters aren’t bottom-feeders, as much as they are realists. It’s entirely possible we won’t have pensions or SS or healthcare available to us as current and preceding generations do, thus forcing us to save even more. There is no guarantee that housing prices will rise in perpetuity. What if the multi-decade expansionary credit cycle changes direction?
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