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The stock market would spike, which will be nice for all the ‘big boys’ who get the early wink from their man Paulsen , but by the time we hear about it, it will be “priced in”.

The dollar would be pounded heavily and all of your dollar denominated assets would lose value.

Unfortunately for housing, I dont think 0.5% is going to help at this stage, rates arent exactly high and if standards have really got tighter, then all those flakes and specuvestors that were helping prop up the bubble will still be unable to qualify to buy, even if the rates dropped by 5%.

[what_a_disasta]

The stock market would spike, which will be nice for all the ‘big boys’ who get the early wink from their man Paulsen , but by the time we hear about it, it will be “priced in”.

The dollar would be pounded heavily and all of your dollar denominated assets would lose value.

Unfortunately for housing, I dont think 0.5% is going to help at this stage, rates arent exactly high and if standards have really got tighter, then all those flakes and specuvestors that were helping prop up the bubble will still be unable to qualify to buy, even if the rates dropped by 5%.

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It wouldnt surprise me if things stabilised tomorrow and went back up for a while. I dont think they have lured enough suckers in for the really big drop yet.

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It wouldnt surprise me if things stabilised tomorrow and went back up for a while. I dont think they have lured enough suckers in for the really big drop yet.

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If the OP was talking about the stock market, then I’d like to hire them as soothsayer in chief for my investment accounts!

🙂

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If the OP was talking about the stock market, then I’d like to hire them as soothsayer in chief for my investment accounts!

🙂

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*chuckles @ flame bait*

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*chuckles @ flame bait*

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A San Diego REALTOR came to my mother in law’s door and told her he would not bring any buyers to her property whilst it was for sale through the discount agent “I Pay One”. He went on to say that she should list with him instead, and if she did, he would bring buyers and get top dollar for the house. (I guess he bragged about how he likes to overprice his properties to include the commission so it doesnt cost the buyer anything)

Nice work, trying to scare a little old lady into giving him an extra 10-15k.. what a slimeball!

Happily, the house was sold for an agreeable price in the end and the REALTORs got a minimal slice.

Back to the OP…. It’s totally unethical, but they are REALTORs, what else would you expect?

[what_a_disasta]

A San Diego REALTOR came to my mother in law’s door and told her he would not bring any buyers to her property whilst it was for sale through the discount agent “I Pay One”. He went on to say that she should list with him instead, and if she did, he would bring buyers and get top dollar for the house. (I guess he bragged about how he likes to overprice his properties to include the commission so it doesnt cost the buyer anything)

Nice work, trying to scare a little old lady into giving him an extra 10-15k.. what a slimeball!

Happily, the house was sold for an agreeable price in the end and the REALTORs got a minimal slice.

Back to the OP…. It’s totally unethical, but they are REALTORs, what else would you expect?

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Why bother? I’d rather live in Dante’s Inferno than El Cajones. (sp?)

100k??? Not even if they paid me.

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Why bother? I’d rather live in Dante’s Inferno than El Cajones. (sp?)

100k??? Not even if they paid me.

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*applause*

That made me giggle.

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*applause*

That made me giggle.

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I like that one too. The writing style in Real Homes of Genius is so funny, they should be writing books.

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