Forum Replies Created
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cr
ParticipantDiego, I just realized that myself. It should be just 72%, which is still a far cry from what incomes have done.
You might be able to make a better case for a gold bubble, than home prices being at bottom.
Inflation affects all of the above, but if anything it’s mitigating the decreases as the Fed prints and lends more money. The fact that despite inflation home prices are still falling 20%/yr nationally is telling.
You can’t inflate your way out of a bubble. The bubble popped, and the Fed is still trying to keep it full of hot air. They are failing.
cr
ParticipantDiego, I just realized that myself. It should be just 72%, which is still a far cry from what incomes have done.
You might be able to make a better case for a gold bubble, than home prices being at bottom.
Inflation affects all of the above, but if anything it’s mitigating the decreases as the Fed prints and lends more money. The fact that despite inflation home prices are still falling 20%/yr nationally is telling.
You can’t inflate your way out of a bubble. The bubble popped, and the Fed is still trying to keep it full of hot air. They are failing.
cr
ParticipantDiego, I just realized that myself. It should be just 72%, which is still a far cry from what incomes have done.
You might be able to make a better case for a gold bubble, than home prices being at bottom.
Inflation affects all of the above, but if anything it’s mitigating the decreases as the Fed prints and lends more money. The fact that despite inflation home prices are still falling 20%/yr nationally is telling.
You can’t inflate your way out of a bubble. The bubble popped, and the Fed is still trying to keep it full of hot air. They are failing.
cr
ParticipantDiego, I just realized that myself. It should be just 72%, which is still a far cry from what incomes have done.
You might be able to make a better case for a gold bubble, than home prices being at bottom.
Inflation affects all of the above, but if anything it’s mitigating the decreases as the Fed prints and lends more money. The fact that despite inflation home prices are still falling 20%/yr nationally is telling.
You can’t inflate your way out of a bubble. The bubble popped, and the Fed is still trying to keep it full of hot air. They are failing.
cr
ParticipantDiego Mamani-
I see your point and you present an interesting case but it’s conveniently lacking the single most important element of prices: incomes.
Late August 2001 (house price $407K)
Mid March 2008 (house price $700-725K)
172% appreciation in 7 years, roughly 24%/yr.I’d have to look for exact data, but I’m pretty confident in saying incomes didn’t go up by 172%.
cr
ParticipantDiego Mamani-
I see your point and you present an interesting case but it’s conveniently lacking the single most important element of prices: incomes.
Late August 2001 (house price $407K)
Mid March 2008 (house price $700-725K)
172% appreciation in 7 years, roughly 24%/yr.I’d have to look for exact data, but I’m pretty confident in saying incomes didn’t go up by 172%.
cr
ParticipantDiego Mamani-
I see your point and you present an interesting case but it’s conveniently lacking the single most important element of prices: incomes.
Late August 2001 (house price $407K)
Mid March 2008 (house price $700-725K)
172% appreciation in 7 years, roughly 24%/yr.I’d have to look for exact data, but I’m pretty confident in saying incomes didn’t go up by 172%.
cr
ParticipantDiego Mamani-
I see your point and you present an interesting case but it’s conveniently lacking the single most important element of prices: incomes.
Late August 2001 (house price $407K)
Mid March 2008 (house price $700-725K)
172% appreciation in 7 years, roughly 24%/yr.I’d have to look for exact data, but I’m pretty confident in saying incomes didn’t go up by 172%.
cr
ParticipantDiego Mamani-
I see your point and you present an interesting case but it’s conveniently lacking the single most important element of prices: incomes.
Late August 2001 (house price $407K)
Mid March 2008 (house price $700-725K)
172% appreciation in 7 years, roughly 24%/yr.I’d have to look for exact data, but I’m pretty confident in saying incomes didn’t go up by 172%.
cr
ParticipantThere ain’t no such thing as a free lunch… oh the irony of that name on someone probably on hold for HOPE NOW.
If you hate what we have to say so much, leave and start your own blog about whatever your point of posting was.
cr
ParticipantThere ain’t no such thing as a free lunch… oh the irony of that name on someone probably on hold for HOPE NOW.
If you hate what we have to say so much, leave and start your own blog about whatever your point of posting was.
cr
ParticipantThere ain’t no such thing as a free lunch… oh the irony of that name on someone probably on hold for HOPE NOW.
If you hate what we have to say so much, leave and start your own blog about whatever your point of posting was.
cr
ParticipantThere ain’t no such thing as a free lunch… oh the irony of that name on someone probably on hold for HOPE NOW.
If you hate what we have to say so much, leave and start your own blog about whatever your point of posting was.
cr
ParticipantThere ain’t no such thing as a free lunch… oh the irony of that name on someone probably on hold for HOPE NOW.
If you hate what we have to say so much, leave and start your own blog about whatever your point of posting was.
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