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paranoid
Participantesmith,
this is great stuff. For local people watching the local market, this info is really useful.
is there a way to see a bigger graph?
Aslo please update the graph regularly so that we know what’s going on in real-time.
thanks again.
paranoid
Participantesmith,
this is great stuff. For local people watching the local market, this info is really useful.
is there a way to see a bigger graph?
Aslo please update the graph regularly so that we know what’s going on in real-time.
thanks again.
paranoid
Participantesmith,
this is great stuff. For local people watching the local market, this info is really useful.
is there a way to see a bigger graph?
Aslo please update the graph regularly so that we know what’s going on in real-time.
thanks again.
paranoid
Participantesmith,
this is great stuff. For local people watching the local market, this info is really useful.
is there a way to see a bigger graph?
Aslo please update the graph regularly so that we know what’s going on in real-time.
thanks again.
paranoid
Participantesmith,
this is great stuff. For local people watching the local market, this info is really useful.
is there a way to see a bigger graph?
Aslo please update the graph regularly so that we know what’s going on in real-time.
thanks again.
August 17, 2007 at 1:19 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77101paranoid
Participantbaby stan, baby kewp,
you guys are just crying babies.
why blame the chinese if it’s you who wanted and bought cheap toys. Did the chinese force you to buy their products?BTW: did the homebuilders force homebuyers to use ARM, option, negative amortizing mortgage to buy the homes they cannot afford?
Babies, it’s time to blame yourselves for all the troubles you are in!
August 17, 2007 at 1:19 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77223paranoid
Participantbaby stan, baby kewp,
you guys are just crying babies.
why blame the chinese if it’s you who wanted and bought cheap toys. Did the chinese force you to buy their products?BTW: did the homebuilders force homebuyers to use ARM, option, negative amortizing mortgage to buy the homes they cannot afford?
Babies, it’s time to blame yourselves for all the troubles you are in!
August 17, 2007 at 1:19 PM in reply to: Are we gonna experience the same Japanese Housing Burst at 1991? #77248paranoid
Participantbaby stan, baby kewp,
you guys are just crying babies.
why blame the chinese if it’s you who wanted and bought cheap toys. Did the chinese force you to buy their products?BTW: did the homebuilders force homebuyers to use ARM, option, negative amortizing mortgage to buy the homes they cannot afford?
Babies, it’s time to blame yourselves for all the troubles you are in!
paranoid
Participant4runner,
“downtown has the highest density in SD county (still low density compared to a real city) and it has been hit the hardest so far.”
but even with current price decline, a down-town condo is still significantly more expensive than a similar condo outside, thus supporting my argument that land scarcity creates upward pressure on housing price.
paranoid
Participant4runner,
“downtown has the highest density in SD county (still low density compared to a real city) and it has been hit the hardest so far.”
but even with current price decline, a down-town condo is still significantly more expensive than a similar condo outside, thus supporting my argument that land scarcity creates upward pressure on housing price.
paranoid
Participantsdrebear,
you fact about New York city actually supports (not against) my argument. The high density is exactly why an apartment in NY city is worth millions of dollars! That’s my point: when developable land become more scarce, that will generate a stronger support to the housing price.
The land scarcity is also the reason why the housing in tokyo is much more expensive than other capital in the world.
paranoid
Participantsdrebear,
you fact about New York city actually supports (not against) my argument. The high density is exactly why an apartment in NY city is worth millions of dollars! That’s my point: when developable land become more scarce, that will generate a stronger support to the housing price.
The land scarcity is also the reason why the housing in tokyo is much more expensive than other capital in the world.
paranoid
Participantjg, you got it. Marc Faber said this recently
“Then you have to find a measurement of inflation. We measure inflation by rise in money supply. It would be wrong to think that the inflation is just consumer price increases. Inflation is a loss of purchasing power of your currency, dollar or Rupee. It can manifest itself by rise in consumer price but it can also manifest itself by a loss of purchasing power of money against real estate, or against stocks and real estate.”paranoid
Participantjg, you got it. Marc Faber said this recently
“Then you have to find a measurement of inflation. We measure inflation by rise in money supply. It would be wrong to think that the inflation is just consumer price increases. Inflation is a loss of purchasing power of your currency, dollar or Rupee. It can manifest itself by rise in consumer price but it can also manifest itself by a loss of purchasing power of money against real estate, or against stocks and real estate.” -
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