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July 19, 2009 at 10:39 AM in reply to: How banks are planning to get the most of your money in this market #434508July 19, 2009 at 10:39 AM in reply to: How banks are planning to get the most of your money in this market #433753RB132Participant
more, much more than the just the banks who would love the frenzy. The realtors are so happy. The city and state like to collect more tax. The builder, restrurant owners, repair ship, remolder, on and on. The only losers are the home buyers, renters, and the next generations. But, no one cares about them.
July 19, 2009 at 10:39 AM in reply to: How banks are planning to get the most of your money in this market #434340RB132Participantmore, much more than the just the banks who would love the frenzy. The realtors are so happy. The city and state like to collect more tax. The builder, restrurant owners, repair ship, remolder, on and on. The only losers are the home buyers, renters, and the next generations. But, no one cares about them.
July 19, 2009 at 10:39 AM in reply to: How banks are planning to get the most of your money in this market #433958RB132Participantmore, much more than the just the banks who would love the frenzy. The realtors are so happy. The city and state like to collect more tax. The builder, restrurant owners, repair ship, remolder, on and on. The only losers are the home buyers, renters, and the next generations. But, no one cares about them.
July 19, 2009 at 10:39 AM in reply to: How banks are planning to get the most of your money in this market #434269RB132Participantmore, much more than the just the banks who would love the frenzy. The realtors are so happy. The city and state like to collect more tax. The builder, restrurant owners, repair ship, remolder, on and on. The only losers are the home buyers, renters, and the next generations. But, no one cares about them.
July 19, 2009 at 10:16 AM in reply to: Reasons to manipulate the California real estate markets #433748RB132Participant[quote=KIBU]Buyerwillepb, I think the concern you raised is too much of a long term goal for them to handle. That would be far way down the road and not their immediate concerns which is to prevent a big crash locally that could affect nationwide.
I believe that unfortunately, we are viewed as a trend setter, price setter and the banks are willing to take some loss here locally, for example, holding a bag of inventory in order to hold on as long as they can on the price front or manipulate price with slow release and bidding practices among other things.
Again, my sixth sense says that banks have many tools at their disposal and many advantages to do this and you as an individual buyer will continue to function within their manipulation.[/quote]
True, the realtors, bank, NAR, with their ML, formed a network and coorelation armed with lot of information to manipulate. We, as an sigle buyer, are only be alble to see the surffice and very easy to be manipulated.
July 19, 2009 at 10:16 AM in reply to: Reasons to manipulate the California real estate markets #433953RB132Participant[quote=KIBU]Buyerwillepb, I think the concern you raised is too much of a long term goal for them to handle. That would be far way down the road and not their immediate concerns which is to prevent a big crash locally that could affect nationwide.
I believe that unfortunately, we are viewed as a trend setter, price setter and the banks are willing to take some loss here locally, for example, holding a bag of inventory in order to hold on as long as they can on the price front or manipulate price with slow release and bidding practices among other things.
Again, my sixth sense says that banks have many tools at their disposal and many advantages to do this and you as an individual buyer will continue to function within their manipulation.[/quote]
True, the realtors, bank, NAR, with their ML, formed a network and coorelation armed with lot of information to manipulate. We, as an sigle buyer, are only be alble to see the surffice and very easy to be manipulated.
July 19, 2009 at 10:16 AM in reply to: Reasons to manipulate the California real estate markets #434265RB132Participant[quote=KIBU]Buyerwillepb, I think the concern you raised is too much of a long term goal for them to handle. That would be far way down the road and not their immediate concerns which is to prevent a big crash locally that could affect nationwide.
I believe that unfortunately, we are viewed as a trend setter, price setter and the banks are willing to take some loss here locally, for example, holding a bag of inventory in order to hold on as long as they can on the price front or manipulate price with slow release and bidding practices among other things.
Again, my sixth sense says that banks have many tools at their disposal and many advantages to do this and you as an individual buyer will continue to function within their manipulation.[/quote]
True, the realtors, bank, NAR, with their ML, formed a network and coorelation armed with lot of information to manipulate. We, as an sigle buyer, are only be alble to see the surffice and very easy to be manipulated.
July 19, 2009 at 10:16 AM in reply to: Reasons to manipulate the California real estate markets #434335RB132Participant[quote=KIBU]Buyerwillepb, I think the concern you raised is too much of a long term goal for them to handle. That would be far way down the road and not their immediate concerns which is to prevent a big crash locally that could affect nationwide.
I believe that unfortunately, we are viewed as a trend setter, price setter and the banks are willing to take some loss here locally, for example, holding a bag of inventory in order to hold on as long as they can on the price front or manipulate price with slow release and bidding practices among other things.
Again, my sixth sense says that banks have many tools at their disposal and many advantages to do this and you as an individual buyer will continue to function within their manipulation.[/quote]
True, the realtors, bank, NAR, with their ML, formed a network and coorelation armed with lot of information to manipulate. We, as an sigle buyer, are only be alble to see the surffice and very easy to be manipulated.
July 19, 2009 at 10:16 AM in reply to: Reasons to manipulate the California real estate markets #434503RB132Participant[quote=KIBU]Buyerwillepb, I think the concern you raised is too much of a long term goal for them to handle. That would be far way down the road and not their immediate concerns which is to prevent a big crash locally that could affect nationwide.
I believe that unfortunately, we are viewed as a trend setter, price setter and the banks are willing to take some loss here locally, for example, holding a bag of inventory in order to hold on as long as they can on the price front or manipulate price with slow release and bidding practices among other things.
Again, my sixth sense says that banks have many tools at their disposal and many advantages to do this and you as an individual buyer will continue to function within their manipulation.[/quote]
True, the realtors, bank, NAR, with their ML, formed a network and coorelation armed with lot of information to manipulate. We, as an sigle buyer, are only be alble to see the surffice and very easy to be manipulated.
July 19, 2009 at 10:06 AM in reply to: Reasons to manipulate the California real estate markets #434245RB132Participant[quote=BuyerWillEPB]You bring up some valid points. But I see one flaw in your reasoning.
Wouldn’t you also agree that future growth and prosperity lies with the next generation? If the fraudulent high real estate prices are allowed (manipulated as you say) to remain, then the entire next generation will never be able to participate. During the RE craze, the next generation was “priced out forever” remember? The children and grandchildren must find affordable housing, and they will. Hence, any and all efforts to manipulate the high housing prices are doomed to failure.[/quote]
This is abslutely true. However, except the future generation, renters, and potential home buyers, no one really cares about future. Actually, every else love this housing bubble: tax collectors, Fed and state gov., local politicians, realtors, all sorts of businessmen, home owners, on and on. Just like Wallstreet, it is the game to make good life by someone else’s money.
July 19, 2009 at 10:06 AM in reply to: Reasons to manipulate the California real estate markets #434483RB132Participant[quote=BuyerWillEPB]You bring up some valid points. But I see one flaw in your reasoning.
Wouldn’t you also agree that future growth and prosperity lies with the next generation? If the fraudulent high real estate prices are allowed (manipulated as you say) to remain, then the entire next generation will never be able to participate. During the RE craze, the next generation was “priced out forever” remember? The children and grandchildren must find affordable housing, and they will. Hence, any and all efforts to manipulate the high housing prices are doomed to failure.[/quote]
This is abslutely true. However, except the future generation, renters, and potential home buyers, no one really cares about future. Actually, every else love this housing bubble: tax collectors, Fed and state gov., local politicians, realtors, all sorts of businessmen, home owners, on and on. Just like Wallstreet, it is the game to make good life by someone else’s money.
July 19, 2009 at 10:06 AM in reply to: Reasons to manipulate the California real estate markets #433933RB132Participant[quote=BuyerWillEPB]You bring up some valid points. But I see one flaw in your reasoning.
Wouldn’t you also agree that future growth and prosperity lies with the next generation? If the fraudulent high real estate prices are allowed (manipulated as you say) to remain, then the entire next generation will never be able to participate. During the RE craze, the next generation was “priced out forever” remember? The children and grandchildren must find affordable housing, and they will. Hence, any and all efforts to manipulate the high housing prices are doomed to failure.[/quote]
This is abslutely true. However, except the future generation, renters, and potential home buyers, no one really cares about future. Actually, every else love this housing bubble: tax collectors, Fed and state gov., local politicians, realtors, all sorts of businessmen, home owners, on and on. Just like Wallstreet, it is the game to make good life by someone else’s money.
July 19, 2009 at 10:06 AM in reply to: Reasons to manipulate the California real estate markets #434315RB132Participant[quote=BuyerWillEPB]You bring up some valid points. But I see one flaw in your reasoning.
Wouldn’t you also agree that future growth and prosperity lies with the next generation? If the fraudulent high real estate prices are allowed (manipulated as you say) to remain, then the entire next generation will never be able to participate. During the RE craze, the next generation was “priced out forever” remember? The children and grandchildren must find affordable housing, and they will. Hence, any and all efforts to manipulate the high housing prices are doomed to failure.[/quote]
This is abslutely true. However, except the future generation, renters, and potential home buyers, no one really cares about future. Actually, every else love this housing bubble: tax collectors, Fed and state gov., local politicians, realtors, all sorts of businessmen, home owners, on and on. Just like Wallstreet, it is the game to make good life by someone else’s money.
July 19, 2009 at 10:06 AM in reply to: Reasons to manipulate the California real estate markets #433729RB132Participant[quote=BuyerWillEPB]You bring up some valid points. But I see one flaw in your reasoning.
Wouldn’t you also agree that future growth and prosperity lies with the next generation? If the fraudulent high real estate prices are allowed (manipulated as you say) to remain, then the entire next generation will never be able to participate. During the RE craze, the next generation was “priced out forever” remember? The children and grandchildren must find affordable housing, and they will. Hence, any and all efforts to manipulate the high housing prices are doomed to failure.[/quote]
This is abslutely true. However, except the future generation, renters, and potential home buyers, no one really cares about future. Actually, every else love this housing bubble: tax collectors, Fed and state gov., local politicians, realtors, all sorts of businessmen, home owners, on and on. Just like Wallstreet, it is the game to make good life by someone else’s money.
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