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June 11, 2011 at 6:58 PM in reply to: Robert Shiller – home prices could slide for 20 years? #703290June 11, 2011 at 6:58 PM in reply to: Robert Shiller – home prices could slide for 20 years? #703438moneymakerParticipant
Great post TG, you really should start your own blog somewhere, I would read it. I do see a scenario where home prices stay low for a long time. All it takes is long term unemployment, slowly but steadily rising interest rates, or another depression like double dip. If World War 2 had not pulled us out of the first depresssion who knows how long recovery may have taken.
Bearishgurl I think the weather is actually better 5 miles inland than it is at the beach, I would think that anyone that has lived in both would agree. Shiller is not in my book living in an ivory tower, he is very down to earth.June 11, 2011 at 6:58 PM in reply to: Robert Shiller – home prices could slide for 20 years? #703796moneymakerParticipantGreat post TG, you really should start your own blog somewhere, I would read it. I do see a scenario where home prices stay low for a long time. All it takes is long term unemployment, slowly but steadily rising interest rates, or another depression like double dip. If World War 2 had not pulled us out of the first depresssion who knows how long recovery may have taken.
Bearishgurl I think the weather is actually better 5 miles inland than it is at the beach, I would think that anyone that has lived in both would agree. Shiller is not in my book living in an ivory tower, he is very down to earth.moneymakerParticipantI’m gonna have to beg to differ from the consensus. I felt the same way when I bought 2 years ago, I wanted a big yard, and I got it. Now the yard is a lot of work, water is too damn expensive, especially when tied to the sewer bill. Kids these days don’t seem to go out and play like we did when growing up. I don’t mind mowing it, only takes 20 minutes or so. To properly maintain a large yard is expensive, not as much as a pool but still not cheap. I love our yard but there is a lot to be said for concrete,lasts forever and needs no care,no water , no fertilizer. Throw a lounger on it and it becomes pretty inviting.
moneymakerParticipantI’m gonna have to beg to differ from the consensus. I felt the same way when I bought 2 years ago, I wanted a big yard, and I got it. Now the yard is a lot of work, water is too damn expensive, especially when tied to the sewer bill. Kids these days don’t seem to go out and play like we did when growing up. I don’t mind mowing it, only takes 20 minutes or so. To properly maintain a large yard is expensive, not as much as a pool but still not cheap. I love our yard but there is a lot to be said for concrete,lasts forever and needs no care,no water , no fertilizer. Throw a lounger on it and it becomes pretty inviting.
moneymakerParticipantI’m gonna have to beg to differ from the consensus. I felt the same way when I bought 2 years ago, I wanted a big yard, and I got it. Now the yard is a lot of work, water is too damn expensive, especially when tied to the sewer bill. Kids these days don’t seem to go out and play like we did when growing up. I don’t mind mowing it, only takes 20 minutes or so. To properly maintain a large yard is expensive, not as much as a pool but still not cheap. I love our yard but there is a lot to be said for concrete,lasts forever and needs no care,no water , no fertilizer. Throw a lounger on it and it becomes pretty inviting.
moneymakerParticipantI’m gonna have to beg to differ from the consensus. I felt the same way when I bought 2 years ago, I wanted a big yard, and I got it. Now the yard is a lot of work, water is too damn expensive, especially when tied to the sewer bill. Kids these days don’t seem to go out and play like we did when growing up. I don’t mind mowing it, only takes 20 minutes or so. To properly maintain a large yard is expensive, not as much as a pool but still not cheap. I love our yard but there is a lot to be said for concrete,lasts forever and needs no care,no water , no fertilizer. Throw a lounger on it and it becomes pretty inviting.
moneymakerParticipantI’m gonna have to beg to differ from the consensus. I felt the same way when I bought 2 years ago, I wanted a big yard, and I got it. Now the yard is a lot of work, water is too damn expensive, especially when tied to the sewer bill. Kids these days don’t seem to go out and play like we did when growing up. I don’t mind mowing it, only takes 20 minutes or so. To properly maintain a large yard is expensive, not as much as a pool but still not cheap. I love our yard but there is a lot to be said for concrete,lasts forever and needs no care,no water , no fertilizer. Throw a lounger on it and it becomes pretty inviting.
June 5, 2011 at 10:13 PM in reply to: OT – Who will run for President on the Republican side? #701282moneymakerParticipantI agree with TG. Might be swayed to vote for Mitt Romney. Read his book and not only does he seemed to know his stuff but actually seems to possess common sense. Michael Bloomberg also seems intelligent but I think lacks conviction, in other words I think politics scares him as it would any sane person.
June 5, 2011 at 10:13 PM in reply to: OT – Who will run for President on the Republican side? #701381moneymakerParticipantI agree with TG. Might be swayed to vote for Mitt Romney. Read his book and not only does he seemed to know his stuff but actually seems to possess common sense. Michael Bloomberg also seems intelligent but I think lacks conviction, in other words I think politics scares him as it would any sane person.
June 5, 2011 at 10:13 PM in reply to: OT – Who will run for President on the Republican side? #701974moneymakerParticipantI agree with TG. Might be swayed to vote for Mitt Romney. Read his book and not only does he seemed to know his stuff but actually seems to possess common sense. Michael Bloomberg also seems intelligent but I think lacks conviction, in other words I think politics scares him as it would any sane person.
June 5, 2011 at 10:13 PM in reply to: OT – Who will run for President on the Republican side? #702122moneymakerParticipantI agree with TG. Might be swayed to vote for Mitt Romney. Read his book and not only does he seemed to know his stuff but actually seems to possess common sense. Michael Bloomberg also seems intelligent but I think lacks conviction, in other words I think politics scares him as it would any sane person.
June 5, 2011 at 10:13 PM in reply to: OT – Who will run for President on the Republican side? #702483moneymakerParticipantI agree with TG. Might be swayed to vote for Mitt Romney. Read his book and not only does he seemed to know his stuff but actually seems to possess common sense. Michael Bloomberg also seems intelligent but I think lacks conviction, in other words I think politics scares him as it would any sane person.
June 1, 2011 at 7:46 PM in reply to: Excellent summation why housing market will be terrible for a long time #700561moneymakerParticipantThe economy is not as difficult to predict as the governments policy/tampering. I agree with walterwhite that inflation eventually is inevitable, the question is when! It really bothers me when people associate one event with another when there is no clear relationship. Just read on Bloomberg “oil prices down because of lower hiring” what!? How does a worldwide commodity like oil have anything to do with local/national labor/unemployment? Unemployment is our nations greatest problem and it seems to me like the government wants the private sector to take care of it through cheap money, well it ain’t gonna work in my opinion,never really believed in the trickle down theory. That’s why the rich get richer and the poor get poorer.
June 1, 2011 at 7:46 PM in reply to: Excellent summation why housing market will be terrible for a long time #700659moneymakerParticipantThe economy is not as difficult to predict as the governments policy/tampering. I agree with walterwhite that inflation eventually is inevitable, the question is when! It really bothers me when people associate one event with another when there is no clear relationship. Just read on Bloomberg “oil prices down because of lower hiring” what!? How does a worldwide commodity like oil have anything to do with local/national labor/unemployment? Unemployment is our nations greatest problem and it seems to me like the government wants the private sector to take care of it through cheap money, well it ain’t gonna work in my opinion,never really believed in the trickle down theory. That’s why the rich get richer and the poor get poorer.
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