[peterb]

It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.

[peterb]

It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.

[peterb]

It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.

[peterb]

It’s supply and demand. Fire insurance is for replacement value. Until we run out of existing houses from demand, replacement is not a relevent concern nor a way to value.

[peterb]

Baby Boomer’s will be trying to retire with all their assets down 50% or more from a year ago. How’s that gonna look? The biggest demographic in the country turning into net consumers from net producers, and they’re broke. Couple this with global wage arbitration and you’ve got a recipe for the macro economics to be a slow grind down for many years to come.

[peterb]

Baby Boomer’s will be trying to retire with all their assets down 50% or more from a year ago. How’s that gonna look? The biggest demographic in the country turning into net consumers from net producers, and they’re broke. Couple this with global wage arbitration and you’ve got a recipe for the macro economics to be a slow grind down for many years to come.

[peterb]

Baby Boomer’s will be trying to retire with all their assets down 50% or more from a year ago. How’s that gonna look? The biggest demographic in the country turning into net consumers from net producers, and they’re broke. Couple this with global wage arbitration and you’ve got a recipe for the macro economics to be a slow grind down for many years to come.

[peterb]

Baby Boomer’s will be trying to retire with all their assets down 50% or more from a year ago. How’s that gonna look? The biggest demographic in the country turning into net consumers from net producers, and they’re broke. Couple this with global wage arbitration and you’ve got a recipe for the macro economics to be a slow grind down for many years to come.

[peterb]

Baby Boomer’s will be trying to retire with all their assets down 50% or more from a year ago. How’s that gonna look? The biggest demographic in the country turning into net consumers from net producers, and they’re broke. Couple this with global wage arbitration and you’ve got a recipe for the macro economics to be a slow grind down for many years to come.

[peterb]

It’s really all about innovation and productivity. First, you invent it, then you make it. They both have rewards and costs. But they are clear drivers for economic growth. We’ve abdicated production from the US for several decades now. This has caused growth in those countries that do the production and now they are going into the innovation phase themselves. Thus creating more competition for the US and driving down wages for the creative class that tends to innovate. This has been going on for our production class for quite some time. It’s a kind of global leveling.

I believe the horse has long left the barn on this one.

[peterb]

It’s really all about innovation and productivity. First, you invent it, then you make it. They both have rewards and costs. But they are clear drivers for economic growth. We’ve abdicated production from the US for several decades now. This has caused growth in those countries that do the production and now they are going into the innovation phase themselves. Thus creating more competition for the US and driving down wages for the creative class that tends to innovate. This has been going on for our production class for quite some time. It’s a kind of global leveling.

I believe the horse has long left the barn on this one.

[peterb]

It’s really all about innovation and productivity. First, you invent it, then you make it. They both have rewards and costs. But they are clear drivers for economic growth. We’ve abdicated production from the US for several decades now. This has caused growth in those countries that do the production and now they are going into the innovation phase themselves. Thus creating more competition for the US and driving down wages for the creative class that tends to innovate. This has been going on for our production class for quite some time. It’s a kind of global leveling.

I believe the horse has long left the barn on this one.

[peterb]

It’s really all about innovation and productivity. First, you invent it, then you make it. They both have rewards and costs. But they are clear drivers for economic growth. We’ve abdicated production from the US for several decades now. This has caused growth in those countries that do the production and now they are going into the innovation phase themselves. Thus creating more competition for the US and driving down wages for the creative class that tends to innovate. This has been going on for our production class for quite some time. It’s a kind of global leveling.

I believe the horse has long left the barn on this one.

[peterb]

It’s really all about innovation and productivity. First, you invent it, then you make it. They both have rewards and costs. But they are clear drivers for economic growth. We’ve abdicated production from the US for several decades now. This has caused growth in those countries that do the production and now they are going into the innovation phase themselves. Thus creating more competition for the US and driving down wages for the creative class that tends to innovate. This has been going on for our production class for quite some time. It’s a kind of global leveling.

I believe the horse has long left the barn on this one.

[peterb]

I dont see the point of listing prices. It’s not a sale, it’s an arbitrary thing controlled by the selling party. I’ve done all kinds of pricing strategies when I’ve sold a property. All that matters is the closing price. The transaction.
The govt is making money very cheap and restricting inventory. All very out in the open and on purpose. I dont see how this can be construed as a “Bullish” sign for residential RE?

[Author]

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