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December 31, 2010 at 4:25 PM in reply to: This news is good for those who haven’t bought, yet. #646816December 31, 2010 at 4:25 PM in reply to: This news is good for those who haven’t bought, yet. #646889
carlsbadworker
ParticipantA. I hope 2011 will at least not bring bad news to those who haven’t bought. I felt hoping for good news is really asking too much at the moment.
B. Although I hate cash as well, I think as an asset class, it is hated so much now that the a contrarian investor should love it at the moment. That’s why Seth Klarman has a stockpile of cash at the moment.
C. The Chinese inflation analogy is mis-applied. If every government wants to help 10% of the people to screw 90% of the remaining population. Keep in mind that in China, 90% of the people save, therefore inflation screw 90% of the people. Whereas here in US, inflation would help the majority of the people who are deep in debt. Only deflation will screw 90% of the US population.
December 31, 2010 at 4:25 PM in reply to: This news is good for those who haven’t bought, yet. #647473ParticipantA. I hope 2011 will at least not bring bad news to those who haven’t bought. I felt hoping for good news is really asking too much at the moment.
B. Although I hate cash as well, I think as an asset class, it is hated so much now that the a contrarian investor should love it at the moment. That’s why Seth Klarman has a stockpile of cash at the moment.
C. The Chinese inflation analogy is mis-applied. If every government wants to help 10% of the people to screw 90% of the remaining population. Keep in mind that in China, 90% of the people save, therefore inflation screw 90% of the people. Whereas here in US, inflation would help the majority of the people who are deep in debt. Only deflation will screw 90% of the US population.
December 31, 2010 at 4:25 PM in reply to: This news is good for those who haven’t bought, yet. #647610ParticipantA. I hope 2011 will at least not bring bad news to those who haven’t bought. I felt hoping for good news is really asking too much at the moment.
B. Although I hate cash as well, I think as an asset class, it is hated so much now that the a contrarian investor should love it at the moment. That’s why Seth Klarman has a stockpile of cash at the moment.
C. The Chinese inflation analogy is mis-applied. If every government wants to help 10% of the people to screw 90% of the remaining population. Keep in mind that in China, 90% of the people save, therefore inflation screw 90% of the people. Whereas here in US, inflation would help the majority of the people who are deep in debt. Only deflation will screw 90% of the US population.
December 31, 2010 at 4:25 PM in reply to: This news is good for those who haven’t bought, yet. #647935ParticipantA. I hope 2011 will at least not bring bad news to those who haven’t bought. I felt hoping for good news is really asking too much at the moment.
B. Although I hate cash as well, I think as an asset class, it is hated so much now that the a contrarian investor should love it at the moment. That’s why Seth Klarman has a stockpile of cash at the moment.
C. The Chinese inflation analogy is mis-applied. If every government wants to help 10% of the people to screw 90% of the remaining population. Keep in mind that in China, 90% of the people save, therefore inflation screw 90% of the people. Whereas here in US, inflation would help the majority of the people who are deep in debt. Only deflation will screw 90% of the US population.
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
ParticipantI really feel funny about this thread.
There are lots of rational people on this site, but as Benjamin Franklin once said, “So convenient a thing it is to be a reasonable creature, since it enables one to find or make a reason for anything one has a mind to do.”
Unlike a few years ago, when the price is really out-of-whack, at this time, the price (together with the interest rate) is no longer that extreme therefore I am sure pretty one can find reasons to justify any of the price. And you guys just keep arguing with each other as if one can prove one’s data/logic is better than the other’s.
I will think the predictive power of rationality to forecast the real estate price no longer exists at this time (because of the price and the amount of government/FED intervention). I would rather talk about game plans to react with the future price changes rather than forecasting it…or trying to rationalize it.
ParticipantI really feel funny about this thread.
There are lots of rational people on this site, but as Benjamin Franklin once said, “So convenient a thing it is to be a reasonable creature, since it enables one to find or make a reason for anything one has a mind to do.”
Unlike a few years ago, when the price is really out-of-whack, at this time, the price (together with the interest rate) is no longer that extreme therefore I am sure pretty one can find reasons to justify any of the price. And you guys just keep arguing with each other as if one can prove one’s data/logic is better than the other’s.
I will think the predictive power of rationality to forecast the real estate price no longer exists at this time (because of the price and the amount of government/FED intervention). I would rather talk about game plans to react with the future price changes rather than forecasting it…or trying to rationalize it.
ParticipantI really feel funny about this thread.
There are lots of rational people on this site, but as Benjamin Franklin once said, “So convenient a thing it is to be a reasonable creature, since it enables one to find or make a reason for anything one has a mind to do.”
Unlike a few years ago, when the price is really out-of-whack, at this time, the price (together with the interest rate) is no longer that extreme therefore I am sure pretty one can find reasons to justify any of the price. And you guys just keep arguing with each other as if one can prove one’s data/logic is better than the other’s.
I will think the predictive power of rationality to forecast the real estate price no longer exists at this time (because of the price and the amount of government/FED intervention). I would rather talk about game plans to react with the future price changes rather than forecasting it…or trying to rationalize it.
ParticipantI really feel funny about this thread.
There are lots of rational people on this site, but as Benjamin Franklin once said, “So convenient a thing it is to be a reasonable creature, since it enables one to find or make a reason for anything one has a mind to do.”
Unlike a few years ago, when the price is really out-of-whack, at this time, the price (together with the interest rate) is no longer that extreme therefore I am sure pretty one can find reasons to justify any of the price. And you guys just keep arguing with each other as if one can prove one’s data/logic is better than the other’s.
I will think the predictive power of rationality to forecast the real estate price no longer exists at this time (because of the price and the amount of government/FED intervention). I would rather talk about game plans to react with the future price changes rather than forecasting it…or trying to rationalize it.
ParticipantI really feel funny about this thread.
There are lots of rational people on this site, but as Benjamin Franklin once said, “So convenient a thing it is to be a reasonable creature, since it enables one to find or make a reason for anything one has a mind to do.”
Unlike a few years ago, when the price is really out-of-whack, at this time, the price (together with the interest rate) is no longer that extreme therefore I am sure pretty one can find reasons to justify any of the price. And you guys just keep arguing with each other as if one can prove one’s data/logic is better than the other’s.
I will think the predictive power of rationality to forecast the real estate price no longer exists at this time (because of the price and the amount of government/FED intervention). I would rather talk about game plans to react with the future price changes rather than forecasting it…or trying to rationalize it.
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