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peterb
ParticipantNet migration out of CA happens in most recessions. This one is probably no different.
ParticipantNet migration out of CA happens in most recessions. This one is probably no different.
ParticipantNet migration out of CA happens in most recessions. This one is probably no different.
ParticipantGot jobs?
ParticipantGot jobs?
ParticipantGot jobs?
ParticipantGot jobs?
ParticipantGot jobs?
ParticipantThe price of housing is predicated on the ability of the populace to pay for it. We could have a devaluation of the US$ while the populace cant afford to pay for a house. I think that basically, the US would need wages to rise in order to support house prices. If this doesnt happen, then prices have to come down.
As the govt spends more and more money, this will weaken the US$. Now, does all this govt spending result in wage increases? Or just sustaining the economy to avoid collapse?ParticipantThe price of housing is predicated on the ability of the populace to pay for it. We could have a devaluation of the US$ while the populace cant afford to pay for a house. I think that basically, the US would need wages to rise in order to support house prices. If this doesnt happen, then prices have to come down.
As the govt spends more and more money, this will weaken the US$. Now, does all this govt spending result in wage increases? Or just sustaining the economy to avoid collapse?ParticipantThe price of housing is predicated on the ability of the populace to pay for it. We could have a devaluation of the US$ while the populace cant afford to pay for a house. I think that basically, the US would need wages to rise in order to support house prices. If this doesnt happen, then prices have to come down.
As the govt spends more and more money, this will weaken the US$. Now, does all this govt spending result in wage increases? Or just sustaining the economy to avoid collapse?ParticipantThe price of housing is predicated on the ability of the populace to pay for it. We could have a devaluation of the US$ while the populace cant afford to pay for a house. I think that basically, the US would need wages to rise in order to support house prices. If this doesnt happen, then prices have to come down.
As the govt spends more and more money, this will weaken the US$. Now, does all this govt spending result in wage increases? Or just sustaining the economy to avoid collapse?ParticipantThe price of housing is predicated on the ability of the populace to pay for it. We could have a devaluation of the US$ while the populace cant afford to pay for a house. I think that basically, the US would need wages to rise in order to support house prices. If this doesnt happen, then prices have to come down.
As the govt spends more and more money, this will weaken the US$. Now, does all this govt spending result in wage increases? Or just sustaining the economy to avoid collapse?ParticipantThe best we’ve gotten so far on this technical bounce has been 9000. From a low of 7400. The record bad news just keeps rolling in. I’m with Chris on this one. The worst is yet to come. The govt is gearing up to spend $3T. Amazing!! Lay-offs are coming in waves. The Dow at 8000 seems too high given the economic devistation at hand and increasing. Historically, credit contractions of this magnitude are very rare and devistating events. One year into a contraction of this level, seem way too early for a bottom.
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