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peterb
ParticipantSince rents are not a leveraged way to live in a home, they’re a far more timely way to track the economic impact on housing. Net immigration out of the area or state coupled with higher density will bring down rents. Too bad it’s not more closely tracked through out the state.
peterb
ParticipantSince rents are not a leveraged way to live in a home, they’re a far more timely way to track the economic impact on housing. Net immigration out of the area or state coupled with higher density will bring down rents. Too bad it’s not more closely tracked through out the state.
peterb
ParticipantSince rents are not a leveraged way to live in a home, they’re a far more timely way to track the economic impact on housing. Net immigration out of the area or state coupled with higher density will bring down rents. Too bad it’s not more closely tracked through out the state.
June 12, 2009 at 10:45 AM in reply to: Hilarious video….Peter Schiff cleans Art Laffer’s clock…. #414482peterb
ParticipantSchiff’s had some very bad calls over the last couple of years. Decoupling is one huge one that comes to mind right away.
MSM likes him because he’s somewhat contrarian and a little famous. So they’d bring him on to laugh at.
But if you closely analyze his work, it’s superficial in many ways. Very little depth, historical comparisions or mathmatical analysis and reference to global markets and consumption/production depth.
He’s mostly a mouth-piece.
He did come out early on MSM with housing and economic peril in the US. But MSM has been a joke for many years now. The blogospere was making far deeper analysis at this time when Shciff was on MSM warning the general public.June 12, 2009 at 10:45 AM in reply to: Hilarious video….Peter Schiff cleans Art Laffer’s clock…. #414723peterb
ParticipantSchiff’s had some very bad calls over the last couple of years. Decoupling is one huge one that comes to mind right away.
MSM likes him because he’s somewhat contrarian and a little famous. So they’d bring him on to laugh at.
But if you closely analyze his work, it’s superficial in many ways. Very little depth, historical comparisions or mathmatical analysis and reference to global markets and consumption/production depth.
He’s mostly a mouth-piece.
He did come out early on MSM with housing and economic peril in the US. But MSM has been a joke for many years now. The blogospere was making far deeper analysis at this time when Shciff was on MSM warning the general public.June 12, 2009 at 10:45 AM in reply to: Hilarious video….Peter Schiff cleans Art Laffer’s clock…. #414976peterb
ParticipantSchiff’s had some very bad calls over the last couple of years. Decoupling is one huge one that comes to mind right away.
MSM likes him because he’s somewhat contrarian and a little famous. So they’d bring him on to laugh at.
But if you closely analyze his work, it’s superficial in many ways. Very little depth, historical comparisions or mathmatical analysis and reference to global markets and consumption/production depth.
He’s mostly a mouth-piece.
He did come out early on MSM with housing and economic peril in the US. But MSM has been a joke for many years now. The blogospere was making far deeper analysis at this time when Shciff was on MSM warning the general public.June 12, 2009 at 10:45 AM in reply to: Hilarious video….Peter Schiff cleans Art Laffer’s clock…. #415044peterb
ParticipantSchiff’s had some very bad calls over the last couple of years. Decoupling is one huge one that comes to mind right away.
MSM likes him because he’s somewhat contrarian and a little famous. So they’d bring him on to laugh at.
But if you closely analyze his work, it’s superficial in many ways. Very little depth, historical comparisions or mathmatical analysis and reference to global markets and consumption/production depth.
He’s mostly a mouth-piece.
He did come out early on MSM with housing and economic peril in the US. But MSM has been a joke for many years now. The blogospere was making far deeper analysis at this time when Shciff was on MSM warning the general public.June 12, 2009 at 10:45 AM in reply to: Hilarious video….Peter Schiff cleans Art Laffer’s clock…. #415200peterb
ParticipantSchiff’s had some very bad calls over the last couple of years. Decoupling is one huge one that comes to mind right away.
MSM likes him because he’s somewhat contrarian and a little famous. So they’d bring him on to laugh at.
But if you closely analyze his work, it’s superficial in many ways. Very little depth, historical comparisions or mathmatical analysis and reference to global markets and consumption/production depth.
He’s mostly a mouth-piece.
He did come out early on MSM with housing and economic peril in the US. But MSM has been a joke for many years now. The blogospere was making far deeper analysis at this time when Shciff was on MSM warning the general public.June 10, 2009 at 10:59 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #413170peterb
ParticipantFredo4 – ask yourself,”Why is there so little supply on the market at this time?. Isnt this the busy season for RE?” If you had a house that you wanted to sell, but you werent “motivated”, why would you try to sell it right now? You wouldnt.
So the market, on the sell side, is composed of “motivated” sellers. REO, short sellers and people that have owned so long they have huge equity even with prices down significantly. This market is being heavily manipulated by the govt right now.(Low rates, foreclosure moratoriums,etc..) Huge warning sign to stay out of it.
June 10, 2009 at 10:59 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #413403peterb
ParticipantFredo4 – ask yourself,”Why is there so little supply on the market at this time?. Isnt this the busy season for RE?” If you had a house that you wanted to sell, but you werent “motivated”, why would you try to sell it right now? You wouldnt.
So the market, on the sell side, is composed of “motivated” sellers. REO, short sellers and people that have owned so long they have huge equity even with prices down significantly. This market is being heavily manipulated by the govt right now.(Low rates, foreclosure moratoriums,etc..) Huge warning sign to stay out of it.
June 10, 2009 at 10:59 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #413649peterb
ParticipantFredo4 – ask yourself,”Why is there so little supply on the market at this time?. Isnt this the busy season for RE?” If you had a house that you wanted to sell, but you werent “motivated”, why would you try to sell it right now? You wouldnt.
So the market, on the sell side, is composed of “motivated” sellers. REO, short sellers and people that have owned so long they have huge equity even with prices down significantly. This market is being heavily manipulated by the govt right now.(Low rates, foreclosure moratoriums,etc..) Huge warning sign to stay out of it.
June 10, 2009 at 10:59 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #413718peterb
ParticipantFredo4 – ask yourself,”Why is there so little supply on the market at this time?. Isnt this the busy season for RE?” If you had a house that you wanted to sell, but you werent “motivated”, why would you try to sell it right now? You wouldnt.
So the market, on the sell side, is composed of “motivated” sellers. REO, short sellers and people that have owned so long they have huge equity even with prices down significantly. This market is being heavily manipulated by the govt right now.(Low rates, foreclosure moratoriums,etc..) Huge warning sign to stay out of it.
June 10, 2009 at 10:59 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #413870peterb
ParticipantFredo4 – ask yourself,”Why is there so little supply on the market at this time?. Isnt this the busy season for RE?” If you had a house that you wanted to sell, but you werent “motivated”, why would you try to sell it right now? You wouldnt.
So the market, on the sell side, is composed of “motivated” sellers. REO, short sellers and people that have owned so long they have huge equity even with prices down significantly. This market is being heavily manipulated by the govt right now.(Low rates, foreclosure moratoriums,etc..) Huge warning sign to stay out of it.
peterb
ParticipantThe 10 year just hit 4% as I am writing this.
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