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August 14, 2008 at 9:39 AM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #257043August 14, 2008 at 9:39 AM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #257090
(former)FormerSanDiegan
ParticipantIn defense of the bears from 2001 (and I’m one of them), we were early, not necessarily wrong. If prices go below 2001 levels, inflation-adjusted, then can we admit that prices were over-valued in 2001?
GREAT !
I predict that house prices are going to REBOUND after the end of 2008. That’s right I AM CALLING THE BOTTOM as of the end of 2008 ! SAVE THIS POST !!!!!
(If I am wrong in the short run, it’s because of unforeseen events, but as long as prices go above 2008 levels in inflation adjusted prices sometime in the next decade, the you guys have to consider me a prophet. Note: Mileage may vary. Individual results not typical. May cause gas with oily discharge).
ParticipantThe equation of rent vs. buy will be forever changed to favor renting.
Thanks for the wisdom Bubba. I can’t wait until I start seeing statements like this in the MSM or hearing it from my non-RE-obsessed friends. That’s when it will be time to buy.
ParticipantThe equation of rent vs. buy will be forever changed to favor renting.
Thanks for the wisdom Bubba. I can’t wait until I start seeing statements like this in the MSM or hearing it from my non-RE-obsessed friends. That’s when it will be time to buy.
ParticipantThe equation of rent vs. buy will be forever changed to favor renting.
Thanks for the wisdom Bubba. I can’t wait until I start seeing statements like this in the MSM or hearing it from my non-RE-obsessed friends. That’s when it will be time to buy.
ParticipantThe equation of rent vs. buy will be forever changed to favor renting.
Thanks for the wisdom Bubba. I can’t wait until I start seeing statements like this in the MSM or hearing it from my non-RE-obsessed friends. That’s when it will be time to buy.
ParticipantThe equation of rent vs. buy will be forever changed to favor renting.
Thanks for the wisdom Bubba. I can’t wait until I start seeing statements like this in the MSM or hearing it from my non-RE-obsessed friends. That’s when it will be time to buy.
Participant[quote=fat_lazy_union_worker]I wonder if the buyer took out a 100% interest only loan on that.[/quote]
No, unfortunately the buyer is one of those people with cash on the sidelines that we have to compete with. The following sentence comes verbatim from the article. …
“The agent did say that the buyer agreed to pay the full list price of $1, and planned to pay cash.”
Participant[quote=fat_lazy_union_worker]I wonder if the buyer took out a 100% interest only loan on that.[/quote]
No, unfortunately the buyer is one of those people with cash on the sidelines that we have to compete with. The following sentence comes verbatim from the article. …
“The agent did say that the buyer agreed to pay the full list price of $1, and planned to pay cash.”
Participant[quote=fat_lazy_union_worker]I wonder if the buyer took out a 100% interest only loan on that.[/quote]
No, unfortunately the buyer is one of those people with cash on the sidelines that we have to compete with. The following sentence comes verbatim from the article. …
“The agent did say that the buyer agreed to pay the full list price of $1, and planned to pay cash.”
Participant[quote=fat_lazy_union_worker]I wonder if the buyer took out a 100% interest only loan on that.[/quote]
No, unfortunately the buyer is one of those people with cash on the sidelines that we have to compete with. The following sentence comes verbatim from the article. …
“The agent did say that the buyer agreed to pay the full list price of $1, and planned to pay cash.”
Participant[quote=fat_lazy_union_worker]I wonder if the buyer took out a 100% interest only loan on that.[/quote]
No, unfortunately the buyer is one of those people with cash on the sidelines that we have to compete with. The following sentence comes verbatim from the article. …
“The agent did say that the buyer agreed to pay the full list price of $1, and planned to pay cash.”
ParticipantThis buyer just caught a falling knife.
My bet is that the house drops another 50 or 60 cents before we hit bottom. It’s a sucker’s rally.ParticipantThis buyer just caught a falling knife.
My bet is that the house drops another 50 or 60 cents before we hit bottom. It’s a sucker’s rally.ParticipantThis buyer just caught a falling knife.
My bet is that the house drops another 50 or 60 cents before we hit bottom. It’s a sucker’s rally. -
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