[SD Realtor]

I agree with both you guys of course. PR I am way past everything you mentioned. What is far scarier to me now is the playing field. I felt that in previous years, (or what now seems to be a previous life) the playing field was the population verses the government. It didnt matter if the govt was right wing or left wing. There was the media that acted “more or less” independently and they exhibited some shreds of inegrity. As much as Walter Cronkite was against the war in Vietnam, he at least portrayed some sense of integrity.

So what scares the hell out of me now is that it is gone. I mean gone with the wind. Also as I said, there is this very much, follow the leader regardless of what he says, who he associates with, or which czars he appoints, attitude that even many if not all members of my own family have.

I have NEVER SEEN THIS BEFORE. It is bizarre…. Look many of the more liberal minded posters here are smart guys. None of them have responded here. Even with the health care posts the most common argument I heard was we have to pass it now because this is the best chance we have to pass it.

What the heck? That is the best we can do?

*************

I guess I mislabled the topic of the post because it is not the mainstream media. I also find a common thread that younger people, 30 and below seem to have a much different outlook then those of us 45 and up. Public employees have a vast different outlook then small business owners and independent contractors. It is so different it is chilling. The sense of entitlement and that we deserve to be taken care of, that big business should be punished is very distinctive along various demographic lines. I think kids of the 60s and 70s have a different outlook because we were exposed to a variety of events that children of the 80s and 90s were not.

In the end history repeats itself and lessons are learned but the time it takes for corrections will be years and perhaps decades.

Fundamental mistrust of capitalism and big business is well deserved and those entities obviously reached into the cookie jar so much that they pushed the populace beyond the limits. Society including the press has decided for better or for worse that the mandate for a social agenda change must occur now. It is what it is… I can only hope that some mainstream media outlets will try to do a better job then two college students to report what is really happening out there.

[SD Realtor]

I agree with both you guys of course. PR I am way past everything you mentioned. What is far scarier to me now is the playing field. I felt that in previous years, (or what now seems to be a previous life) the playing field was the population verses the government. It didnt matter if the govt was right wing or left wing. There was the media that acted “more or less” independently and they exhibited some shreds of inegrity. As much as Walter Cronkite was against the war in Vietnam, he at least portrayed some sense of integrity.

So what scares the hell out of me now is that it is gone. I mean gone with the wind. Also as I said, there is this very much, follow the leader regardless of what he says, who he associates with, or which czars he appoints, attitude that even many if not all members of my own family have.

I have NEVER SEEN THIS BEFORE. It is bizarre…. Look many of the more liberal minded posters here are smart guys. None of them have responded here. Even with the health care posts the most common argument I heard was we have to pass it now because this is the best chance we have to pass it.

What the heck? That is the best we can do?

*************

I guess I mislabled the topic of the post because it is not the mainstream media. I also find a common thread that younger people, 30 and below seem to have a much different outlook then those of us 45 and up. Public employees have a vast different outlook then small business owners and independent contractors. It is so different it is chilling. The sense of entitlement and that we deserve to be taken care of, that big business should be punished is very distinctive along various demographic lines. I think kids of the 60s and 70s have a different outlook because we were exposed to a variety of events that children of the 80s and 90s were not.

In the end history repeats itself and lessons are learned but the time it takes for corrections will be years and perhaps decades.

Fundamental mistrust of capitalism and big business is well deserved and those entities obviously reached into the cookie jar so much that they pushed the populace beyond the limits. Society including the press has decided for better or for worse that the mandate for a social agenda change must occur now. It is what it is… I can only hope that some mainstream media outlets will try to do a better job then two college students to report what is really happening out there.

[SD Realtor]

I agree with both you guys of course. PR I am way past everything you mentioned. What is far scarier to me now is the playing field. I felt that in previous years, (or what now seems to be a previous life) the playing field was the population verses the government. It didnt matter if the govt was right wing or left wing. There was the media that acted “more or less” independently and they exhibited some shreds of inegrity. As much as Walter Cronkite was against the war in Vietnam, he at least portrayed some sense of integrity.

So what scares the hell out of me now is that it is gone. I mean gone with the wind. Also as I said, there is this very much, follow the leader regardless of what he says, who he associates with, or which czars he appoints, attitude that even many if not all members of my own family have.

I have NEVER SEEN THIS BEFORE. It is bizarre…. Look many of the more liberal minded posters here are smart guys. None of them have responded here. Even with the health care posts the most common argument I heard was we have to pass it now because this is the best chance we have to pass it.

What the heck? That is the best we can do?

*************

I guess I mislabled the topic of the post because it is not the mainstream media. I also find a common thread that younger people, 30 and below seem to have a much different outlook then those of us 45 and up. Public employees have a vast different outlook then small business owners and independent contractors. It is so different it is chilling. The sense of entitlement and that we deserve to be taken care of, that big business should be punished is very distinctive along various demographic lines. I think kids of the 60s and 70s have a different outlook because we were exposed to a variety of events that children of the 80s and 90s were not.

In the end history repeats itself and lessons are learned but the time it takes for corrections will be years and perhaps decades.

Fundamental mistrust of capitalism and big business is well deserved and those entities obviously reached into the cookie jar so much that they pushed the populace beyond the limits. Society including the press has decided for better or for worse that the mandate for a social agenda change must occur now. It is what it is… I can only hope that some mainstream media outlets will try to do a better job then two college students to report what is really happening out there.

[SD Realtor]

I agree with both you guys of course. PR I am way past everything you mentioned. What is far scarier to me now is the playing field. I felt that in previous years, (or what now seems to be a previous life) the playing field was the population verses the government. It didnt matter if the govt was right wing or left wing. There was the media that acted “more or less” independently and they exhibited some shreds of inegrity. As much as Walter Cronkite was against the war in Vietnam, he at least portrayed some sense of integrity.

So what scares the hell out of me now is that it is gone. I mean gone with the wind. Also as I said, there is this very much, follow the leader regardless of what he says, who he associates with, or which czars he appoints, attitude that even many if not all members of my own family have.

I have NEVER SEEN THIS BEFORE. It is bizarre…. Look many of the more liberal minded posters here are smart guys. None of them have responded here. Even with the health care posts the most common argument I heard was we have to pass it now because this is the best chance we have to pass it.

What the heck? That is the best we can do?

*************

I guess I mislabled the topic of the post because it is not the mainstream media. I also find a common thread that younger people, 30 and below seem to have a much different outlook then those of us 45 and up. Public employees have a vast different outlook then small business owners and independent contractors. It is so different it is chilling. The sense of entitlement and that we deserve to be taken care of, that big business should be punished is very distinctive along various demographic lines. I think kids of the 60s and 70s have a different outlook because we were exposed to a variety of events that children of the 80s and 90s were not.

In the end history repeats itself and lessons are learned but the time it takes for corrections will be years and perhaps decades.

Fundamental mistrust of capitalism and big business is well deserved and those entities obviously reached into the cookie jar so much that they pushed the populace beyond the limits. Society including the press has decided for better or for worse that the mandate for a social agenda change must occur now. It is what it is… I can only hope that some mainstream media outlets will try to do a better job then two college students to report what is really happening out there.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

Yes I agree 4plex.

Nothing but crickets chirping when it comes to showing outright corruption by large government funded programs.

Good thing we have the government taking care of us.

[SD Realtor]

Yes I agree 4plex.

Nothing but crickets chirping when it comes to showing outright corruption by large government funded programs.

Good thing we have the government taking care of us.

[SD Realtor]

Yes I agree 4plex.

Nothing but crickets chirping when it comes to showing outright corruption by large government funded programs.

Good thing we have the government taking care of us.

[SD Realtor]

Yes I agree 4plex.

Nothing but crickets chirping when it comes to showing outright corruption by large government funded programs.

Good thing we have the government taking care of us.

[SD Realtor]

Yes I agree 4plex.

Nothing but crickets chirping when it comes to showing outright corruption by large government funded programs.

Good thing we have the government taking care of us.

[SD Realtor]

I certainly do not classify myself as a bull in any way, shape or form. I simply post about the conditions as I see them.

I would characterize the rally we have been in now to be approximately 7 months old. In that time we have seen pricing increases in several regions in the county depending on the type of home and of course the location. We do continue to see high end declines as that is a no brainer. In no way do I disagree that we will see housing take another decline however I have been consistent in saying that we need a catalyst.

Over the past 3 years the catalyst that drove prices down was simple, prices were just to high. Now one may say that the next catalyst is and should be unemployment. However as unemployment has indeed continued to shoot higher, despite our governments claims that the recession is over, AND that the government stimulus has prevented another million jobs lost, the strong real estate market persists.

So one thing that we would all agree on is that effectively the banks are insolvent right? I mean seriously there is not any argument here. Similarly we will see many more banks fail. What hurts even more is that there is no more secondary market for the securitization of loans. Actually this hurts banks more then anything. The CAPACITY of money they have to lend is drastically reduced if they cannot move loans. Okay we agree on that. There is just a small matter of our government. If you can tell me with 100% confidence that the government will sit by and watch it all happen and do nothing, then well… okay yes the whole stack of dominoes will fall. Maybe that will happen… maybe it will not.

I posted my change of heart a few weeks ago. I don’t feel bullish about real estate. I feel like real estate is a carnival now. All glittering on the outside but you go behind the glitter and the inner workings look mighty f’d up. However it has been done the powers that be have been able to keep it afloat and then some.

Also yeah maybe it goes down 25% but in some areas it has already kicked back up over 10%.

*******

Again, my read is that the next major drop will be induced by interest rates. How that will manifest itself I am not sure. Maybe we get a slew of bank failures, then the govt or fed or treasury sinks a few more trillion into the system and china says screw you and the bond market tanks. Rates go up and boom, we get the market to tank bigtime. Will this happen in 3 months? 6 months? a year? I don’t know but it seems logical to me that it will happen. I don’t see the market up and running away and I think it may actually start to flatten out as there has been alot of sales that need to be digested. I am still kind of leaning to a guesstimate that things will stay in this twilite zone haze for another year or so.

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