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peterb
ParticipantTime to start buying!!! Oh yeah, historically rents dip down in a recession around 5%. Also, unemployment is increasing and a lot more defaults are coming onto the market. Lending standards are getting tighter. This all spells another leg down in the RE market. You may want to check your math on break-even analysis when your asset is decreasing in value? Even if you’re lucking enough to actaully break-even on a cashflow basis, what will your return be if your asset decreases by another 20%?
These are very real possibilities in this market.ParticipantTime to start buying!!! Oh yeah, historically rents dip down in a recession around 5%. Also, unemployment is increasing and a lot more defaults are coming onto the market. Lending standards are getting tighter. This all spells another leg down in the RE market. You may want to check your math on break-even analysis when your asset is decreasing in value? Even if you’re lucking enough to actaully break-even on a cashflow basis, what will your return be if your asset decreases by another 20%?
These are very real possibilities in this market.ParticipantTime to start buying!!! Oh yeah, historically rents dip down in a recession around 5%. Also, unemployment is increasing and a lot more defaults are coming onto the market. Lending standards are getting tighter. This all spells another leg down in the RE market. You may want to check your math on break-even analysis when your asset is decreasing in value? Even if you’re lucking enough to actaully break-even on a cashflow basis, what will your return be if your asset decreases by another 20%?
These are very real possibilities in this market.ParticipantTime to start buying!!! Oh yeah, historically rents dip down in a recession around 5%. Also, unemployment is increasing and a lot more defaults are coming onto the market. Lending standards are getting tighter. This all spells another leg down in the RE market. You may want to check your math on break-even analysis when your asset is decreasing in value? Even if you’re lucking enough to actaully break-even on a cashflow basis, what will your return be if your asset decreases by another 20%?
These are very real possibilities in this market.September 2, 2008 at 9:14 AM in reply to: Deficit looms for California’s unemployment benefit fund #264890ParticipantEveryone should check out shadowstats.com for the real unemployment rate as well as all the other govt. statistical inaccuracies.
By his estimation, unemployment is easily 2 to 3 percentage points under reported. So CA is really at around 10% unemployment. Let the games begin, or end, depending on your point of view.September 2, 2008 at 9:14 AM in reply to: Deficit looms for California’s unemployment benefit fund #265101ParticipantEveryone should check out shadowstats.com for the real unemployment rate as well as all the other govt. statistical inaccuracies.
By his estimation, unemployment is easily 2 to 3 percentage points under reported. So CA is really at around 10% unemployment. Let the games begin, or end, depending on your point of view.September 2, 2008 at 9:14 AM in reply to: Deficit looms for California’s unemployment benefit fund #265104ParticipantEveryone should check out shadowstats.com for the real unemployment rate as well as all the other govt. statistical inaccuracies.
By his estimation, unemployment is easily 2 to 3 percentage points under reported. So CA is really at around 10% unemployment. Let the games begin, or end, depending on your point of view.September 2, 2008 at 9:14 AM in reply to: Deficit looms for California’s unemployment benefit fund #265157ParticipantEveryone should check out shadowstats.com for the real unemployment rate as well as all the other govt. statistical inaccuracies.
By his estimation, unemployment is easily 2 to 3 percentage points under reported. So CA is really at around 10% unemployment. Let the games begin, or end, depending on your point of view.September 2, 2008 at 9:14 AM in reply to: Deficit looms for California’s unemployment benefit fund #265196ParticipantEveryone should check out shadowstats.com for the real unemployment rate as well as all the other govt. statistical inaccuracies.
By his estimation, unemployment is easily 2 to 3 percentage points under reported. So CA is really at around 10% unemployment. Let the games begin, or end, depending on your point of view.ParticipantIt’s happening in many places around the world, not just here in the USA. Canada, UK, China,Ireland,Spain,Netherlands, etc..
Bubbles are a human condition, it seems.Give this a listen. Warms my heart to know we’re so much alike:
http://commoditywatch.podbean.com/2008/07/09/uk-property-how-low-will-it-go/bumpity, bump
ParticipantIt’s happening in many places around the world, not just here in the USA. Canada, UK, China,Ireland,Spain,Netherlands, etc..
Bubbles are a human condition, it seems.Give this a listen. Warms my heart to know we’re so much alike:
http://commoditywatch.podbean.com/2008/07/09/uk-property-how-low-will-it-go/bumpity, bump
ParticipantIt’s happening in many places around the world, not just here in the USA. Canada, UK, China,Ireland,Spain,Netherlands, etc..
Bubbles are a human condition, it seems.Give this a listen. Warms my heart to know we’re so much alike:
http://commoditywatch.podbean.com/2008/07/09/uk-property-how-low-will-it-go/bumpity, bump
ParticipantIt’s happening in many places around the world, not just here in the USA. Canada, UK, China,Ireland,Spain,Netherlands, etc..
Bubbles are a human condition, it seems.Give this a listen. Warms my heart to know we’re so much alike:
http://commoditywatch.podbean.com/2008/07/09/uk-property-how-low-will-it-go/bumpity, bump
ParticipantIt’s happening in many places around the world, not just here in the USA. Canada, UK, China,Ireland,Spain,Netherlands, etc..
Bubbles are a human condition, it seems.Give this a listen. Warms my heart to know we’re so much alike:
http://commoditywatch.podbean.com/2008/07/09/uk-property-how-low-will-it-go/bumpity, bump
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