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Rt.66
ParticipantGood find with that article 4plex.
I look around and ask myself where are the well paying jobs going to come from? Consumer debt is at all time highs, the major driver to our economy is too far in debt and too many without jobs at all, let alone good jobs.
Our leaders seem to have no plan for future job growth and with the consumer tapped out and debt of every kind up to our eyeballs, another credit driven bubble at the consumer level seems out of the question.
Lot’s of smart people are calling for sustained high employment for a very long time and falling wages (supply and demand will do that).
Love the cycle theory though.
What’s would a deflation based, 2025 price prediction for the SD median home price look like?
I know San Diego is preferable to Florida in many ways, yet for me that is one of the most comparable markets (weather, recreation, beaches, life style) the devastation in the RE market there is my precurser to SD prices (with a SD premium)
ParticipantGood find with that article 4plex.
I look around and ask myself where are the well paying jobs going to come from? Consumer debt is at all time highs, the major driver to our economy is too far in debt and too many without jobs at all, let alone good jobs.
Our leaders seem to have no plan for future job growth and with the consumer tapped out and debt of every kind up to our eyeballs, another credit driven bubble at the consumer level seems out of the question.
Lot’s of smart people are calling for sustained high employment for a very long time and falling wages (supply and demand will do that).
Love the cycle theory though.
What’s would a deflation based, 2025 price prediction for the SD median home price look like?
I know San Diego is preferable to Florida in many ways, yet for me that is one of the most comparable markets (weather, recreation, beaches, life style) the devastation in the RE market there is my precurser to SD prices (with a SD premium)
ParticipantGood find with that article 4plex.
I look around and ask myself where are the well paying jobs going to come from? Consumer debt is at all time highs, the major driver to our economy is too far in debt and too many without jobs at all, let alone good jobs.
Our leaders seem to have no plan for future job growth and with the consumer tapped out and debt of every kind up to our eyeballs, another credit driven bubble at the consumer level seems out of the question.
Lot’s of smart people are calling for sustained high employment for a very long time and falling wages (supply and demand will do that).
Love the cycle theory though.
What’s would a deflation based, 2025 price prediction for the SD median home price look like?
I know San Diego is preferable to Florida in many ways, yet for me that is one of the most comparable markets (weather, recreation, beaches, life style) the devastation in the RE market there is my precurser to SD prices (with a SD premium)
ParticipantGood find with that article 4plex.
I look around and ask myself where are the well paying jobs going to come from? Consumer debt is at all time highs, the major driver to our economy is too far in debt and too many without jobs at all, let alone good jobs.
Our leaders seem to have no plan for future job growth and with the consumer tapped out and debt of every kind up to our eyeballs, another credit driven bubble at the consumer level seems out of the question.
Lot’s of smart people are calling for sustained high employment for a very long time and falling wages (supply and demand will do that).
Love the cycle theory though.
What’s would a deflation based, 2025 price prediction for the SD median home price look like?
I know San Diego is preferable to Florida in many ways, yet for me that is one of the most comparable markets (weather, recreation, beaches, life style) the devastation in the RE market there is my precurser to SD prices (with a SD premium)
ParticipantAnother fitting story for this thread:
BLS Jobs Numbers Contradict BLS Jobs Numbers
“Meanwhile, when we view the “statistically significant”job losses for August, we see that only 16 states reported a net total of job losses of 279,800.
Once again, I will repeat these figures to make sure the magnitude of this lie is not lost on people. In its aggregate report for August, the BLS claims only 216,000 jobs were lost. However, the state-by-state numbers for only 16 states exceeded that total by over 25% (279,800) – and one of those 16 states supposedly had an increase in employment.
Furthermore, of the states listed, only one of the five most-populous states was included: Texas. Thus, if we subtract those 16 states (less than 1/3 of the U.S.), we are left with 26 more states which reported job losses, only 7 states reporting increases – and most of the large-population states had yet to be added to that total. Given these demographics, it is a reasonable extrapolation to estimate that the complete state-by-state totals would have been nearly three times as large, or over 800,000 jobs lost.”
http://seekingalpha.com/article/162862-bls-jobs-numbers-contradict-bls-jobs-numbers?ref=patrick.net
ParticipantAnother fitting story for this thread:
BLS Jobs Numbers Contradict BLS Jobs Numbers
“Meanwhile, when we view the “statistically significant”job losses for August, we see that only 16 states reported a net total of job losses of 279,800.
Once again, I will repeat these figures to make sure the magnitude of this lie is not lost on people. In its aggregate report for August, the BLS claims only 216,000 jobs were lost. However, the state-by-state numbers for only 16 states exceeded that total by over 25% (279,800) – and one of those 16 states supposedly had an increase in employment.
Furthermore, of the states listed, only one of the five most-populous states was included: Texas. Thus, if we subtract those 16 states (less than 1/3 of the U.S.), we are left with 26 more states which reported job losses, only 7 states reporting increases – and most of the large-population states had yet to be added to that total. Given these demographics, it is a reasonable extrapolation to estimate that the complete state-by-state totals would have been nearly three times as large, or over 800,000 jobs lost.”
http://seekingalpha.com/article/162862-bls-jobs-numbers-contradict-bls-jobs-numbers?ref=patrick.net
ParticipantAnother fitting story for this thread:
BLS Jobs Numbers Contradict BLS Jobs Numbers
“Meanwhile, when we view the “statistically significant”job losses for August, we see that only 16 states reported a net total of job losses of 279,800.
Once again, I will repeat these figures to make sure the magnitude of this lie is not lost on people. In its aggregate report for August, the BLS claims only 216,000 jobs were lost. However, the state-by-state numbers for only 16 states exceeded that total by over 25% (279,800) – and one of those 16 states supposedly had an increase in employment.
Furthermore, of the states listed, only one of the five most-populous states was included: Texas. Thus, if we subtract those 16 states (less than 1/3 of the U.S.), we are left with 26 more states which reported job losses, only 7 states reporting increases – and most of the large-population states had yet to be added to that total. Given these demographics, it is a reasonable extrapolation to estimate that the complete state-by-state totals would have been nearly three times as large, or over 800,000 jobs lost.”
http://seekingalpha.com/article/162862-bls-jobs-numbers-contradict-bls-jobs-numbers?ref=patrick.net
ParticipantAnother fitting story for this thread:
BLS Jobs Numbers Contradict BLS Jobs Numbers
“Meanwhile, when we view the “statistically significant”job losses for August, we see that only 16 states reported a net total of job losses of 279,800.
Once again, I will repeat these figures to make sure the magnitude of this lie is not lost on people. In its aggregate report for August, the BLS claims only 216,000 jobs were lost. However, the state-by-state numbers for only 16 states exceeded that total by over 25% (279,800) – and one of those 16 states supposedly had an increase in employment.
Furthermore, of the states listed, only one of the five most-populous states was included: Texas. Thus, if we subtract those 16 states (less than 1/3 of the U.S.), we are left with 26 more states which reported job losses, only 7 states reporting increases – and most of the large-population states had yet to be added to that total. Given these demographics, it is a reasonable extrapolation to estimate that the complete state-by-state totals would have been nearly three times as large, or over 800,000 jobs lost.”
http://seekingalpha.com/article/162862-bls-jobs-numbers-contradict-bls-jobs-numbers?ref=patrick.net
ParticipantAnother fitting story for this thread:
BLS Jobs Numbers Contradict BLS Jobs Numbers
“Meanwhile, when we view the “statistically significant”job losses for August, we see that only 16 states reported a net total of job losses of 279,800.
Once again, I will repeat these figures to make sure the magnitude of this lie is not lost on people. In its aggregate report for August, the BLS claims only 216,000 jobs were lost. However, the state-by-state numbers for only 16 states exceeded that total by over 25% (279,800) – and one of those 16 states supposedly had an increase in employment.
Furthermore, of the states listed, only one of the five most-populous states was included: Texas. Thus, if we subtract those 16 states (less than 1/3 of the U.S.), we are left with 26 more states which reported job losses, only 7 states reporting increases – and most of the large-population states had yet to be added to that total. Given these demographics, it is a reasonable extrapolation to estimate that the complete state-by-state totals would have been nearly three times as large, or over 800,000 jobs lost.”
http://seekingalpha.com/article/162862-bls-jobs-numbers-contradict-bls-jobs-numbers?ref=patrick.net
ParticipantTimely article on Mish’s site today:
Following the Footsteps of Japan
http://globaleconomicanalysis.blogspot.com/2009/09/following-footsteps-of-japan.htmlI wonder how many on this forum believe forms of deflation will be with us for a long time. How many believe that housing will still be in the toilet in ten years?
Bankers have done such a wonderful job convincing people to voluntarily tie a 30 year debt stone around their neck. The bidding wars are fascinating; right when we have an upper hand on the banker debt machine people start giving them power again in hopes they will “win the bidding war” and somehow be able to sell that REO for a profit to someone else in the foreseeable future.
They are in for a BIG surprise.ParticipantTimely article on Mish’s site today:
Following the Footsteps of Japan
http://globaleconomicanalysis.blogspot.com/2009/09/following-footsteps-of-japan.htmlI wonder how many on this forum believe forms of deflation will be with us for a long time. How many believe that housing will still be in the toilet in ten years?
Bankers have done such a wonderful job convincing people to voluntarily tie a 30 year debt stone around their neck. The bidding wars are fascinating; right when we have an upper hand on the banker debt machine people start giving them power again in hopes they will “win the bidding war” and somehow be able to sell that REO for a profit to someone else in the foreseeable future.
They are in for a BIG surprise.ParticipantTimely article on Mish’s site today:
Following the Footsteps of Japan
http://globaleconomicanalysis.blogspot.com/2009/09/following-footsteps-of-japan.htmlI wonder how many on this forum believe forms of deflation will be with us for a long time. How many believe that housing will still be in the toilet in ten years?
Bankers have done such a wonderful job convincing people to voluntarily tie a 30 year debt stone around their neck. The bidding wars are fascinating; right when we have an upper hand on the banker debt machine people start giving them power again in hopes they will “win the bidding war” and somehow be able to sell that REO for a profit to someone else in the foreseeable future.
They are in for a BIG surprise.ParticipantTimely article on Mish’s site today:
Following the Footsteps of Japan
http://globaleconomicanalysis.blogspot.com/2009/09/following-footsteps-of-japan.htmlI wonder how many on this forum believe forms of deflation will be with us for a long time. How many believe that housing will still be in the toilet in ten years?
Bankers have done such a wonderful job convincing people to voluntarily tie a 30 year debt stone around their neck. The bidding wars are fascinating; right when we have an upper hand on the banker debt machine people start giving them power again in hopes they will “win the bidding war” and somehow be able to sell that REO for a profit to someone else in the foreseeable future.
They are in for a BIG surprise.ParticipantTimely article on Mish’s site today:
Following the Footsteps of Japan
http://globaleconomicanalysis.blogspot.com/2009/09/following-footsteps-of-japan.htmlI wonder how many on this forum believe forms of deflation will be with us for a long time. How many believe that housing will still be in the toilet in ten years?
Bankers have done such a wonderful job convincing people to voluntarily tie a 30 year debt stone around their neck. The bidding wars are fascinating; right when we have an upper hand on the banker debt machine people start giving them power again in hopes they will “win the bidding war” and somehow be able to sell that REO for a profit to someone else in the foreseeable future.
They are in for a BIG surprise. -
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