[Fearful]

It’s pretty easy to forecast 2012: seven years up, seven years down.

But as also pointed out, there is a top, then a couple of years of steep decline, then gentle leveling out. That is assuming it is a normal shakeout like early 90’s.

If banks get serious about unloading foreclosures – that is, get desperate to shore up balance sheets, and sell before further declines – the decline could be really steep.

There could be miracles, too.

[Fearful]

It’s pretty easy to forecast 2012: seven years up, seven years down.

But as also pointed out, there is a top, then a couple of years of steep decline, then gentle leveling out. That is assuming it is a normal shakeout like early 90’s.

If banks get serious about unloading foreclosures – that is, get desperate to shore up balance sheets, and sell before further declines – the decline could be really steep.

There could be miracles, too.

[Fearful]

It’s pretty easy to forecast 2012: seven years up, seven years down.

But as also pointed out, there is a top, then a couple of years of steep decline, then gentle leveling out. That is assuming it is a normal shakeout like early 90’s.

If banks get serious about unloading foreclosures – that is, get desperate to shore up balance sheets, and sell before further declines – the decline could be really steep.

There could be miracles, too.

[Fearful]

You’re cute when you get like this. Too bad I’m not your type.

[Fearful]

You’re cute when you get like this. Too bad I’m not your type.

[Fearful]

You’re cute when you get like this. Too bad I’m not your type.

[Fearful]

You’re cute when you get like this. Too bad I’m not your type.

[Fearful]

You’re cute when you get like this. Too bad I’m not your type.

[Fearful]

We are a long, long way from the bottom. People are still talking about real estate as a good long term investment. I saw this posted just today, elsewhere:

—-

I’m good with real estate for now… Have over half a million in three mortages for two condos. If I can ever sell my Encinitas rental I’ll buy another downtown unit. Prolly also finish getting my brokers license at that point.

[Fearful]

We are a long, long way from the bottom. People are still talking about real estate as a good long term investment. I saw this posted just today, elsewhere:

—-

I’m good with real estate for now… Have over half a million in three mortages for two condos. If I can ever sell my Encinitas rental I’ll buy another downtown unit. Prolly also finish getting my brokers license at that point.

[Fearful]

We are a long, long way from the bottom. People are still talking about real estate as a good long term investment. I saw this posted just today, elsewhere:

—-

I’m good with real estate for now… Have over half a million in three mortages for two condos. If I can ever sell my Encinitas rental I’ll buy another downtown unit. Prolly also finish getting my brokers license at that point.

[Fearful]

We are a long, long way from the bottom. People are still talking about real estate as a good long term investment. I saw this posted just today, elsewhere:

—-

I’m good with real estate for now… Have over half a million in three mortages for two condos. If I can ever sell my Encinitas rental I’ll buy another downtown unit. Prolly also finish getting my brokers license at that point.

[Fearful]

We are a long, long way from the bottom. People are still talking about real estate as a good long term investment. I saw this posted just today, elsewhere:

—-

I’m good with real estate for now… Have over half a million in three mortages for two condos. If I can ever sell my Encinitas rental I’ll buy another downtown unit. Prolly also finish getting my brokers license at that point.

[Fearful]

I read a comment from someone associated with the Bank of England to the effect that the $0.5 terabuck lending was offset by other liquidity “mopped up”. Whether that means longer term securities not sold, I have no idea.

European central banks are a good deal more opaque than our Fed.

[Fearful]

I read a comment from someone associated with the Bank of England to the effect that the $0.5 terabuck lending was offset by other liquidity “mopped up”. Whether that means longer term securities not sold, I have no idea.

European central banks are a good deal more opaque than our Fed.

[Author]

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