[SD Realtor]

Yes Arraya, housing will crash when there is a lack of demand. Way to go out on a limb.

IMO lack of demand will come primarly due to financing issues. These will occur due to rate increases. This will happen when our foreign creditors cease to fund our auctions and we start monetizing our debt at a faster rate then we are currently doing.

I don’t see this happening immediately yet I do see it happening soon, perhaps in the next few years.

Finally there are alot, alot of people that are willing and will continue to pay for homes in San Diego that are in good school districts and newer.

So yes when it all does crash prices will come down. Meanwhile keep extending your leases because it will not happen in the near term.

[SD Realtor]

Yes Arraya, housing will crash when there is a lack of demand. Way to go out on a limb.

IMO lack of demand will come primarly due to financing issues. These will occur due to rate increases. This will happen when our foreign creditors cease to fund our auctions and we start monetizing our debt at a faster rate then we are currently doing.

I don’t see this happening immediately yet I do see it happening soon, perhaps in the next few years.

Finally there are alot, alot of people that are willing and will continue to pay for homes in San Diego that are in good school districts and newer.

So yes when it all does crash prices will come down. Meanwhile keep extending your leases because it will not happen in the near term.

[SD Realtor]

Yes Arraya, housing will crash when there is a lack of demand. Way to go out on a limb.

IMO lack of demand will come primarly due to financing issues. These will occur due to rate increases. This will happen when our foreign creditors cease to fund our auctions and we start monetizing our debt at a faster rate then we are currently doing.

I don’t see this happening immediately yet I do see it happening soon, perhaps in the next few years.

Finally there are alot, alot of people that are willing and will continue to pay for homes in San Diego that are in good school districts and newer.

So yes when it all does crash prices will come down. Meanwhile keep extending your leases because it will not happen in the near term.

[SD Realtor]

Yes Arraya, housing will crash when there is a lack of demand. Way to go out on a limb.

IMO lack of demand will come primarly due to financing issues. These will occur due to rate increases. This will happen when our foreign creditors cease to fund our auctions and we start monetizing our debt at a faster rate then we are currently doing.

I don’t see this happening immediately yet I do see it happening soon, perhaps in the next few years.

Finally there are alot, alot of people that are willing and will continue to pay for homes in San Diego that are in good school districts and newer.

So yes when it all does crash prices will come down. Meanwhile keep extending your leases because it will not happen in the near term.

[SD Realtor]

I agree. Consult a real estate attorney or follow the advice of the agent you have been working with.

[SD Realtor]

I agree. Consult a real estate attorney or follow the advice of the agent you have been working with.

[SD Realtor]

I agree. Consult a real estate attorney or follow the advice of the agent you have been working with.

[SD Realtor]

I agree. Consult a real estate attorney or follow the advice of the agent you have been working with.

[SD Realtor]

I agree. Consult a real estate attorney or follow the advice of the agent you have been working with.

[SD Realtor]

Well Arraya all I can tell you is that you are not taking buyers out showing homes. Nor are you trying to sell them. I am doing both. We have bought and sold 10 homes in 9 months on our own. I have so many frustrated buyers right now who cannot find a home in PQ or Scripps, or Poway or in a decent school district that it is ridiculous. Once more, sitting behind a computer is one thing, but being out in the field and actually being in the business is another. The fact that it is all a house of cards is not being argued. Can you explain why the market rally over the past year has been the strongest in history? Wall St and the govt are interchangeable. Yes the house of cards will come down but not because of what happens domestically. We have been squeezing the toothpaste tube for many years right? As long as bond sales are successful then things will be fine. Even when they fail, we will monetize (or continue to monetize) our debt. Then rates will skyrocket and things will crash. Look we are doing what the govt wants us to do. We are doing what the govt does. We spend, we are told to spend, our govt encourages entitlement, that is simply the way it is. No it cannot go on forever but the crash is not happening tomorrow or next year.

[SD Realtor]

Well Arraya all I can tell you is that you are not taking buyers out showing homes. Nor are you trying to sell them. I am doing both. We have bought and sold 10 homes in 9 months on our own. I have so many frustrated buyers right now who cannot find a home in PQ or Scripps, or Poway or in a decent school district that it is ridiculous. Once more, sitting behind a computer is one thing, but being out in the field and actually being in the business is another. The fact that it is all a house of cards is not being argued. Can you explain why the market rally over the past year has been the strongest in history? Wall St and the govt are interchangeable. Yes the house of cards will come down but not because of what happens domestically. We have been squeezing the toothpaste tube for many years right? As long as bond sales are successful then things will be fine. Even when they fail, we will monetize (or continue to monetize) our debt. Then rates will skyrocket and things will crash. Look we are doing what the govt wants us to do. We are doing what the govt does. We spend, we are told to spend, our govt encourages entitlement, that is simply the way it is. No it cannot go on forever but the crash is not happening tomorrow or next year.

[SD Realtor]

Well Arraya all I can tell you is that you are not taking buyers out showing homes. Nor are you trying to sell them. I am doing both. We have bought and sold 10 homes in 9 months on our own. I have so many frustrated buyers right now who cannot find a home in PQ or Scripps, or Poway or in a decent school district that it is ridiculous. Once more, sitting behind a computer is one thing, but being out in the field and actually being in the business is another. The fact that it is all a house of cards is not being argued. Can you explain why the market rally over the past year has been the strongest in history? Wall St and the govt are interchangeable. Yes the house of cards will come down but not because of what happens domestically. We have been squeezing the toothpaste tube for many years right? As long as bond sales are successful then things will be fine. Even when they fail, we will monetize (or continue to monetize) our debt. Then rates will skyrocket and things will crash. Look we are doing what the govt wants us to do. We are doing what the govt does. We spend, we are told to spend, our govt encourages entitlement, that is simply the way it is. No it cannot go on forever but the crash is not happening tomorrow or next year.

[SD Realtor]

Well Arraya all I can tell you is that you are not taking buyers out showing homes. Nor are you trying to sell them. I am doing both. We have bought and sold 10 homes in 9 months on our own. I have so many frustrated buyers right now who cannot find a home in PQ or Scripps, or Poway or in a decent school district that it is ridiculous. Once more, sitting behind a computer is one thing, but being out in the field and actually being in the business is another. The fact that it is all a house of cards is not being argued. Can you explain why the market rally over the past year has been the strongest in history? Wall St and the govt are interchangeable. Yes the house of cards will come down but not because of what happens domestically. We have been squeezing the toothpaste tube for many years right? As long as bond sales are successful then things will be fine. Even when they fail, we will monetize (or continue to monetize) our debt. Then rates will skyrocket and things will crash. Look we are doing what the govt wants us to do. We are doing what the govt does. We spend, we are told to spend, our govt encourages entitlement, that is simply the way it is. No it cannot go on forever but the crash is not happening tomorrow or next year.

[SD Realtor]

Well Arraya all I can tell you is that you are not taking buyers out showing homes. Nor are you trying to sell them. I am doing both. We have bought and sold 10 homes in 9 months on our own. I have so many frustrated buyers right now who cannot find a home in PQ or Scripps, or Poway or in a decent school district that it is ridiculous. Once more, sitting behind a computer is one thing, but being out in the field and actually being in the business is another. The fact that it is all a house of cards is not being argued. Can you explain why the market rally over the past year has been the strongest in history? Wall St and the govt are interchangeable. Yes the house of cards will come down but not because of what happens domestically. We have been squeezing the toothpaste tube for many years right? As long as bond sales are successful then things will be fine. Even when they fail, we will monetize (or continue to monetize) our debt. Then rates will skyrocket and things will crash. Look we are doing what the govt wants us to do. We are doing what the govt does. We spend, we are told to spend, our govt encourages entitlement, that is simply the way it is. No it cannot go on forever but the crash is not happening tomorrow or next year.

[SD Realtor]

Sorry Arraya –

You can cut and paste all the articles and quotes you want….

Quoted from the 1/27/10 State of the Union Address from our president:

That’s why we’re nearly doubling the child care tax credit, and making it easier to save for retirement by giving every worker access to a retirement account and expanding the tax credit for those who start a nest egg. That’s why we’re working to lift the value of a family’s single largest investment – their home. The steps we took last year to shore up the housing market have allowed millions of Americans to take out new loans and save an average of $1,500 on mortgage payments. This year, we will step up re-financing so that homeowners can move into more affordable mortgages. And it is precisely to relieve the burden on middle-class families that we still need health insurance reform.

*****

Doesn’t sound to me as if the administration is on the same page.

[Author]

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