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SanDiegoDave
ParticipantThey should create a “Delusion Chart” which shows original list price vs. final sales price. Would be very telling on what areas are worth waiting to buy based on the sellers’ level of delusion about their home’s value.
ParticipantThey should create a “Delusion Chart” which shows original list price vs. final sales price. Would be very telling on what areas are worth waiting to buy based on the sellers’ level of delusion about their home’s value.
ParticipantThey should create a “Delusion Chart” which shows original list price vs. final sales price. Would be very telling on what areas are worth waiting to buy based on the sellers’ level of delusion about their home’s value.
ParticipantThey should create a “Delusion Chart” which shows original list price vs. final sales price. Would be very telling on what areas are worth waiting to buy based on the sellers’ level of delusion about their home’s value.
March 2, 2009 at 2:44 PM in reply to: Stocks at levels not seen in 12 years…why not 1997 pricing for houses next? #358655ParticipantEx-SD wrote:
They are convinced that if they don’t buy a house, NOW, that the price will magically shoot back up to late 2005 prices.
Home prices won’t shoot up that fast, but interest rates will shoot up to Jimmy Carter levels that fast. And that is part of what’s fueling the buying going on right now.
When inflation hits, it’s going to be insane. With this big a decline in the stock market, unemployment HAS TO go up – into the 15-20% range for states like California. The Fed’s will simply start printing money if that happens. They’d rather risk stagflation than deflation.
March 2, 2009 at 2:44 PM in reply to: Stocks at levels not seen in 12 years…why not 1997 pricing for houses next? #358956ParticipantEx-SD wrote:
They are convinced that if they don’t buy a house, NOW, that the price will magically shoot back up to late 2005 prices.
Home prices won’t shoot up that fast, but interest rates will shoot up to Jimmy Carter levels that fast. And that is part of what’s fueling the buying going on right now.
When inflation hits, it’s going to be insane. With this big a decline in the stock market, unemployment HAS TO go up – into the 15-20% range for states like California. The Fed’s will simply start printing money if that happens. They’d rather risk stagflation than deflation.
March 2, 2009 at 2:44 PM in reply to: Stocks at levels not seen in 12 years…why not 1997 pricing for houses next? #359098ParticipantEx-SD wrote:
They are convinced that if they don’t buy a house, NOW, that the price will magically shoot back up to late 2005 prices.
Home prices won’t shoot up that fast, but interest rates will shoot up to Jimmy Carter levels that fast. And that is part of what’s fueling the buying going on right now.
When inflation hits, it’s going to be insane. With this big a decline in the stock market, unemployment HAS TO go up – into the 15-20% range for states like California. The Fed’s will simply start printing money if that happens. They’d rather risk stagflation than deflation.
March 2, 2009 at 2:44 PM in reply to: Stocks at levels not seen in 12 years…why not 1997 pricing for houses next? #359132ParticipantEx-SD wrote:
They are convinced that if they don’t buy a house, NOW, that the price will magically shoot back up to late 2005 prices.
Home prices won’t shoot up that fast, but interest rates will shoot up to Jimmy Carter levels that fast. And that is part of what’s fueling the buying going on right now.
When inflation hits, it’s going to be insane. With this big a decline in the stock market, unemployment HAS TO go up – into the 15-20% range for states like California. The Fed’s will simply start printing money if that happens. They’d rather risk stagflation than deflation.
March 2, 2009 at 2:44 PM in reply to: Stocks at levels not seen in 12 years…why not 1997 pricing for houses next? #359236ParticipantEx-SD wrote:
They are convinced that if they don’t buy a house, NOW, that the price will magically shoot back up to late 2005 prices.
Home prices won’t shoot up that fast, but interest rates will shoot up to Jimmy Carter levels that fast. And that is part of what’s fueling the buying going on right now.
When inflation hits, it’s going to be insane. With this big a decline in the stock market, unemployment HAS TO go up – into the 15-20% range for states like California. The Fed’s will simply start printing money if that happens. They’d rather risk stagflation than deflation.
March 2, 2009 at 8:56 AM in reply to: CNBC Anchors Mortified that Ron Paul Was Allowed Air Time #358356Participant2010 could be the Libertarian Party’s big chance to oust 1 or 2 incumbent House members. If they target wisely and fund the campaign well. People are fed up with both major parties.
March 2, 2009 at 8:56 AM in reply to: CNBC Anchors Mortified that Ron Paul Was Allowed Air Time #358657Participant2010 could be the Libertarian Party’s big chance to oust 1 or 2 incumbent House members. If they target wisely and fund the campaign well. People are fed up with both major parties.
March 2, 2009 at 8:56 AM in reply to: CNBC Anchors Mortified that Ron Paul Was Allowed Air Time #358797Participant2010 could be the Libertarian Party’s big chance to oust 1 or 2 incumbent House members. If they target wisely and fund the campaign well. People are fed up with both major parties.
March 2, 2009 at 8:56 AM in reply to: CNBC Anchors Mortified that Ron Paul Was Allowed Air Time #358832Participant2010 could be the Libertarian Party’s big chance to oust 1 or 2 incumbent House members. If they target wisely and fund the campaign well. People are fed up with both major parties.
March 2, 2009 at 8:56 AM in reply to: CNBC Anchors Mortified that Ron Paul Was Allowed Air Time #358935Participant2010 could be the Libertarian Party’s big chance to oust 1 or 2 incumbent House members. If they target wisely and fund the campaign well. People are fed up with both major parties.
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