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sdduuuude
ParticipantFrom what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.
I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.
That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.
sdduuuude
ParticipantFrom what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.
I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.
That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.
sdduuuude
ParticipantFrom what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.
I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.
That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.
sdduuuude
ParticipantWas just having this discussion w/ a friend earlier today. I agree.
I read an article recently, though I can’t seem to find it, which likened this scenario to a Tsunami where all the water first runs away from the shore and everyone stands there looking at it, or worse, chases the water. (deflation)
Then, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
Would like to hear your thoughts on that, Barnaby. Is inflation coming after this or is this a long defaltion cycle like Japan ? How much longer? Months? Years ? Wish I knew.
sdduuuude
ParticipantWas just having this discussion w/ a friend earlier today. I agree.
I read an article recently, though I can’t seem to find it, which likened this scenario to a Tsunami where all the water first runs away from the shore and everyone stands there looking at it, or worse, chases the water. (deflation)
Then, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
Would like to hear your thoughts on that, Barnaby. Is inflation coming after this or is this a long defaltion cycle like Japan ? How much longer? Months? Years ? Wish I knew.
sdduuuude
ParticipantWas just having this discussion w/ a friend earlier today. I agree.
I read an article recently, though I can’t seem to find it, which likened this scenario to a Tsunami where all the water first runs away from the shore and everyone stands there looking at it, or worse, chases the water. (deflation)
Then, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
Would like to hear your thoughts on that, Barnaby. Is inflation coming after this or is this a long defaltion cycle like Japan ? How much longer? Months? Years ? Wish I knew.
sdduuuude
ParticipantWas just having this discussion w/ a friend earlier today. I agree.
I read an article recently, though I can’t seem to find it, which likened this scenario to a Tsunami where all the water first runs away from the shore and everyone stands there looking at it, or worse, chases the water. (deflation)
Then, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
Would like to hear your thoughts on that, Barnaby. Is inflation coming after this or is this a long defaltion cycle like Japan ? How much longer? Months? Years ? Wish I knew.
sdduuuude
ParticipantWas just having this discussion w/ a friend earlier today. I agree.
I read an article recently, though I can’t seem to find it, which likened this scenario to a Tsunami where all the water first runs away from the shore and everyone stands there looking at it, or worse, chases the water. (deflation)
Then, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
Would like to hear your thoughts on that, Barnaby. Is inflation coming after this or is this a long defaltion cycle like Japan ? How much longer? Months? Years ? Wish I knew.
sdduuuude
ParticipantI, too communicate with beings who exist in other realities. They are called Piggs. They type messages to me. And they are pretty friggin smart.
sdduuuude
ParticipantI, too communicate with beings who exist in other realities. They are called Piggs. They type messages to me. And they are pretty friggin smart.
sdduuuude
ParticipantI, too communicate with beings who exist in other realities. They are called Piggs. They type messages to me. And they are pretty friggin smart.
sdduuuude
ParticipantI, too communicate with beings who exist in other realities. They are called Piggs. They type messages to me. And they are pretty friggin smart.
sdduuuude
ParticipantI, too communicate with beings who exist in other realities. They are called Piggs. They type messages to me. And they are pretty friggin smart.
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