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peterb
ParticipantI still remember when housing prices headed down in 1990 to 1996. It took until about 1994 for people to not even want to talk about buying houses in CA. CA has had several housing cycles since the 1970’s. This indicates to all who can read a graph that we’re due for a recovery in house prices the next few years. Assuming this is like the last few cycles.
Give it another year or two. And see how the population is feeling about house prices. It’ll take that long for people to figure out that this recession in not like the previous few.ParticipantI still remember when housing prices headed down in 1990 to 1996. It took until about 1994 for people to not even want to talk about buying houses in CA. CA has had several housing cycles since the 1970’s. This indicates to all who can read a graph that we’re due for a recovery in house prices the next few years. Assuming this is like the last few cycles.
Give it another year or two. And see how the population is feeling about house prices. It’ll take that long for people to figure out that this recession in not like the previous few.ParticipantI still remember when housing prices headed down in 1990 to 1996. It took until about 1994 for people to not even want to talk about buying houses in CA. CA has had several housing cycles since the 1970’s. This indicates to all who can read a graph that we’re due for a recovery in house prices the next few years. Assuming this is like the last few cycles.
Give it another year or two. And see how the population is feeling about house prices. It’ll take that long for people to figure out that this recession in not like the previous few.ParticipantPublic servants seem to have become public masters.
ParticipantPublic servants seem to have become public masters.
ParticipantPublic servants seem to have become public masters.
ParticipantPublic servants seem to have become public masters.
ParticipantPublic servants seem to have become public masters.
Participant14% of all mortgages are anywhere from 60 days late in payment to in the ‘foreclosure process’. I think this is relatively uncharted waters and the fall-out may be considerable. The largest states are in financial break down. Prechter may have a point as these are things that dont look to have easy remedies.
Participant14% of all mortgages are anywhere from 60 days late in payment to in the ‘foreclosure process’. I think this is relatively uncharted waters and the fall-out may be considerable. The largest states are in financial break down. Prechter may have a point as these are things that dont look to have easy remedies.
Participant14% of all mortgages are anywhere from 60 days late in payment to in the ‘foreclosure process’. I think this is relatively uncharted waters and the fall-out may be considerable. The largest states are in financial break down. Prechter may have a point as these are things that dont look to have easy remedies.
Participant14% of all mortgages are anywhere from 60 days late in payment to in the ‘foreclosure process’. I think this is relatively uncharted waters and the fall-out may be considerable. The largest states are in financial break down. Prechter may have a point as these are things that dont look to have easy remedies.
Participant14% of all mortgages are anywhere from 60 days late in payment to in the ‘foreclosure process’. I think this is relatively uncharted waters and the fall-out may be considerable. The largest states are in financial break down. Prechter may have a point as these are things that dont look to have easy remedies.
ParticipantPrechter has had some correct calls, but his timing has been terrible on many of them. I’ve been watching him since the mid 1990s.
This statement by Prechter in this interview leaves me wondering about how well he has accessed the Fed and what it is truely capable of doing.“Right now, it doesn’t have that ability, and the Fed is somewhat of an independent bank. I don’t think it really wants to own the worst debt on the face of the earth to back its notes. It generally tries to buy things that it believes will hold value. That behavior hasn’t changed. But it might later.”
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