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May 4, 2009 at 9:03 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393238May 4, 2009 at 9:03 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393446
patientrenter
ParticipantHey, Rt 66, I enjoy your ideas and most of your comments, but:
1. People who want to just enjoy their own homes, and who like where they live and say so, are welcome here too
2. Contributors like TG have earned the respect of many other posters like me who have been here for years
Back in 2007, we had a poster (JWM) who was so bitter about high house prices that he couldn’t even listen to the arguments that were being made that the govt was likely to intervene massively to reinflate home prices. He became irrational, testy, and even nasty; ad hominem instead of logical. It wasn’t pretty. Don’t let yourself fall into the trap.
May 4, 2009 at 9:03 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393500patientrenter
ParticipantHey, Rt 66, I enjoy your ideas and most of your comments, but:
1. People who want to just enjoy their own homes, and who like where they live and say so, are welcome here too
2. Contributors like TG have earned the respect of many other posters like me who have been here for years
Back in 2007, we had a poster (JWM) who was so bitter about high house prices that he couldn’t even listen to the arguments that were being made that the govt was likely to intervene massively to reinflate home prices. He became irrational, testy, and even nasty; ad hominem instead of logical. It wasn’t pretty. Don’t let yourself fall into the trap.
May 4, 2009 at 9:03 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393640patientrenter
ParticipantHey, Rt 66, I enjoy your ideas and most of your comments, but:
1. People who want to just enjoy their own homes, and who like where they live and say so, are welcome here too
2. Contributors like TG have earned the respect of many other posters like me who have been here for years
Back in 2007, we had a poster (JWM) who was so bitter about high house prices that he couldn’t even listen to the arguments that were being made that the govt was likely to intervene massively to reinflate home prices. He became irrational, testy, and even nasty; ad hominem instead of logical. It wasn’t pretty. Don’t let yourself fall into the trap.
May 4, 2009 at 9:01 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #392988patientrenter
Participant[quote=Russell]Bob,
We covered the baby boomer issue pretty well in the early days of this blog. I think most of us thought it is reasonable to think this could hurt future boom potential.[/quote]Rus, I know you don’t usually want to get ‘pinned down’, but do you think that it’s more likely that home prices, indexed to average per capita income, will be higher in 20 years, or lower?
A true believer in the demographic driver theories of Dent would say lower. True believers in the power of the past 50 years to predict the future would say higher.
OK, buddy, whose side are ya’ on?
May 4, 2009 at 9:01 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393248patientrenter
Participant[quote=Russell]Bob,
We covered the baby boomer issue pretty well in the early days of this blog. I think most of us thought it is reasonable to think this could hurt future boom potential.[/quote]Rus, I know you don’t usually want to get ‘pinned down’, but do you think that it’s more likely that home prices, indexed to average per capita income, will be higher in 20 years, or lower?
A true believer in the demographic driver theories of Dent would say lower. True believers in the power of the past 50 years to predict the future would say higher.
OK, buddy, whose side are ya’ on?
May 4, 2009 at 9:01 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393456patientrenter
Participant[quote=Russell]Bob,
We covered the baby boomer issue pretty well in the early days of this blog. I think most of us thought it is reasonable to think this could hurt future boom potential.[/quote]Rus, I know you don’t usually want to get ‘pinned down’, but do you think that it’s more likely that home prices, indexed to average per capita income, will be higher in 20 years, or lower?
A true believer in the demographic driver theories of Dent would say lower. True believers in the power of the past 50 years to predict the future would say higher.
OK, buddy, whose side are ya’ on?
May 4, 2009 at 9:01 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393510patientrenter
Participant[quote=Russell]Bob,
We covered the baby boomer issue pretty well in the early days of this blog. I think most of us thought it is reasonable to think this could hurt future boom potential.[/quote]Rus, I know you don’t usually want to get ‘pinned down’, but do you think that it’s more likely that home prices, indexed to average per capita income, will be higher in 20 years, or lower?
A true believer in the demographic driver theories of Dent would say lower. True believers in the power of the past 50 years to predict the future would say higher.
OK, buddy, whose side are ya’ on?
May 4, 2009 at 9:01 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393649patientrenter
Participant[quote=Russell]Bob,
We covered the baby boomer issue pretty well in the early days of this blog. I think most of us thought it is reasonable to think this could hurt future boom potential.[/quote]Rus, I know you don’t usually want to get ‘pinned down’, but do you think that it’s more likely that home prices, indexed to average per capita income, will be higher in 20 years, or lower?
A true believer in the demographic driver theories of Dent would say lower. True believers in the power of the past 50 years to predict the future would say higher.
OK, buddy, whose side are ya’ on?
May 4, 2009 at 8:22 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #392947patientrenter
ParticipantBloomberg? Showing public disrespect for the mantra that asset prices always recover when you need them to has been taboo for over 20 years. But now it’s showing up in Bloomberg. Not quite the cover of Time or Newsweek, but the needle is definitely moving on this dial.
May 4, 2009 at 8:22 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393208patientrenter
ParticipantBloomberg? Showing public disrespect for the mantra that asset prices always recover when you need them to has been taboo for over 20 years. But now it’s showing up in Bloomberg. Not quite the cover of Time or Newsweek, but the needle is definitely moving on this dial.
May 4, 2009 at 8:22 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393416patientrenter
ParticipantBloomberg? Showing public disrespect for the mantra that asset prices always recover when you need them to has been taboo for over 20 years. But now it’s showing up in Bloomberg. Not quite the cover of Time or Newsweek, but the needle is definitely moving on this dial.
May 4, 2009 at 8:22 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393470patientrenter
ParticipantBloomberg? Showing public disrespect for the mantra that asset prices always recover when you need them to has been taboo for over 20 years. But now it’s showing up in Bloomberg. Not quite the cover of Time or Newsweek, but the needle is definitely moving on this dial.
May 4, 2009 at 8:22 PM in reply to: Bloomberg:….U.S. Home prices may be lost for a Generation… #393610patientrenter
ParticipantBloomberg? Showing public disrespect for the mantra that asset prices always recover when you need them to has been taboo for over 20 years. But now it’s showing up in Bloomberg. Not quite the cover of Time or Newsweek, but the needle is definitely moving on this dial.
patientrenter
Participant[quote=Allan from Fallbrook]…House in the Hamptons, new Maserati, $2,000/hr escorts, cocaine, Cristal champagne and that custom made French yacht. Why be responsible to your clients when all those toys beckon?[/quote]
Lol! What incentive problem? Oh, yeah. I’m sorry, I got lost in the daydream painted by your words. Was I complaining about that? It’s disgusting. BTW, if I were on the dark side, where could I sign up? I’m doing a paper on it…
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