[sdduuuude]

They may push the free market, but they haven’t lived up to it. That’s the problem. They talk free market, but in actuality manipulate the market significantly and hose everytyhing up. Then people think “free market” is bad. Open your eyes.

Don’t get me wrong – I’m OK blaming it on the Republicans and Greenspan, just so long as you don’t call them the “free market” crowd. They SHOULD be the free market crowd, but they let us down.

[sdduuuude]

They may push the free market, but they haven’t lived up to it. That’s the problem. They talk free market, but in actuality manipulate the market significantly and hose everytyhing up. Then people think “free market” is bad. Open your eyes.

Don’t get me wrong – I’m OK blaming it on the Republicans and Greenspan, just so long as you don’t call them the “free market” crowd. They SHOULD be the free market crowd, but they let us down.

[sdduuuude]

They may push the free market, but they haven’t lived up to it. That’s the problem. They talk free market, but in actuality manipulate the market significantly and hose everytyhing up. Then people think “free market” is bad. Open your eyes.

Don’t get me wrong – I’m OK blaming it on the Republicans and Greenspan, just so long as you don’t call them the “free market” crowd. They SHOULD be the free market crowd, but they let us down.

[sdduuuude]

They may push the free market, but they haven’t lived up to it. That’s the problem. They talk free market, but in actuality manipulate the market significantly and hose everytyhing up. Then people think “free market” is bad. Open your eyes.

Don’t get me wrong – I’m OK blaming it on the Republicans and Greenspan, just so long as you don’t call them the “free market” crowd. They SHOULD be the free market crowd, but they let us down.

[sdduuuude]

[quote=esmith]
Much of responsibility is upon free-market/deregulation crowd – Greenspan, Cheney, Gramm.[/quote]

I hate to tell you this, but that isn’t the free-market/deregulation crowd, no matter what they say.

[sdduuuude]

[quote=esmith]
Much of responsibility is upon free-market/deregulation crowd – Greenspan, Cheney, Gramm.[/quote]

I hate to tell you this, but that isn’t the free-market/deregulation crowd, no matter what they say.

[sdduuuude]

[quote=esmith]
Much of responsibility is upon free-market/deregulation crowd – Greenspan, Cheney, Gramm.[/quote]

I hate to tell you this, but that isn’t the free-market/deregulation crowd, no matter what they say.

[sdduuuude]

[quote=esmith]
Much of responsibility is upon free-market/deregulation crowd – Greenspan, Cheney, Gramm.[/quote]

I hate to tell you this, but that isn’t the free-market/deregulation crowd, no matter what they say.

[sdduuuude]

[quote=esmith]
Much of responsibility is upon free-market/deregulation crowd – Greenspan, Cheney, Gramm.[/quote]

I hate to tell you this, but that isn’t the free-market/deregulation crowd, no matter what they say.

[sdduuuude]

This banking mess is leading us directly into the “Holy Shit” phase of housing. I called for that to start in Sept/Oct (with data starting to come to light in Nov/Dec) and last until the Spring selling season.

This is the phase where Carmel Valley collectively cries “Holy Shit” they realize this is really bad and the data clearly shows they are not immune.

Even La Costa Vally may utter a few curse words this Winter, eh sdr ?

[sdduuuude]

This banking mess is leading us directly into the “Holy Shit” phase of housing. I called for that to start in Sept/Oct (with data starting to come to light in Nov/Dec) and last until the Spring selling season.

This is the phase where Carmel Valley collectively cries “Holy Shit” they realize this is really bad and the data clearly shows they are not immune.

Even La Costa Vally may utter a few curse words this Winter, eh sdr ?

[sdduuuude]

This banking mess is leading us directly into the “Holy Shit” phase of housing. I called for that to start in Sept/Oct (with data starting to come to light in Nov/Dec) and last until the Spring selling season.

This is the phase where Carmel Valley collectively cries “Holy Shit” they realize this is really bad and the data clearly shows they are not immune.

Even La Costa Vally may utter a few curse words this Winter, eh sdr ?

[sdduuuude]

This banking mess is leading us directly into the “Holy Shit” phase of housing. I called for that to start in Sept/Oct (with data starting to come to light in Nov/Dec) and last until the Spring selling season.

This is the phase where Carmel Valley collectively cries “Holy Shit” they realize this is really bad and the data clearly shows they are not immune.

Even La Costa Vally may utter a few curse words this Winter, eh sdr ?

[sdduuuude]

This banking mess is leading us directly into the “Holy Shit” phase of housing. I called for that to start in Sept/Oct (with data starting to come to light in Nov/Dec) and last until the Spring selling season.

This is the phase where Carmel Valley collectively cries “Holy Shit” they realize this is really bad and the data clearly shows they are not immune.

Even La Costa Vally may utter a few curse words this Winter, eh sdr ?

[sdduuuude]

I was hanging out with some Carmel Valley moms few days ago. Was talking housing with two of them.

One was a renter. Been watching for three years. Hoping for prices to come down. Said even if they do, she still may not be able to afford one.

The other recently leveraged her house to buy a business. Had to try 7 appplications and persistent negotiations. Was very surprised at how little her excellent credit helped in the approval process.

She said CV is holding up pretty well, but admits prices have clearly started to drop. I was surprised to hear anyone admit this, espeicially someone who borrowed so aggressively.

Said she hopes the market flies so she could “refinance and redecorate.” That’s a direct quote.

I thought these two ladies gave me a good feeling for the sentiment there. They have seen some prices coming down, but not really expecting that trend to continue in a dramatic fashion.

I see a banking crisis and wonder how anyone can imagine buying a house anywhere right now.

[Author]

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