[yellow8yellowm]

This doesn’t make sense. No matter what the price of a house, there will always 10 people that are each 10 times poorer than you that can pool their money and move in next door.

[quote=bearvine]Many in the RE blogsphere are rooting for rock bottom prices. The truth is that is not always the best scenario. As pointed out earlier by others, think of who your neighbors might be.[/quote]

[yellow8yellowm]

This doesn’t make sense. No matter what the price of a house, there will always 10 people that are each 10 times poorer than you that can pool their money and move in next door.

[quote=bearvine]Many in the RE blogsphere are rooting for rock bottom prices. The truth is that is not always the best scenario. As pointed out earlier by others, think of who your neighbors might be.[/quote]

[yellow8yellowm]

This doesn’t make sense. No matter what the price of a house, there will always 10 people that are each 10 times poorer than you that can pool their money and move in next door.

[quote=bearvine]Many in the RE blogsphere are rooting for rock bottom prices. The truth is that is not always the best scenario. As pointed out earlier by others, think of who your neighbors might be.[/quote]

[yellow8yellowm]

This doesn’t make sense. No matter what the price of a house, there will always 10 people that are each 10 times poorer than you that can pool their money and move in next door.

[quote=bearvine]Many in the RE blogsphere are rooting for rock bottom prices. The truth is that is not always the best scenario. As pointed out earlier by others, think of who your neighbors might be.[/quote]

[yellow8yellowm]

This doesn’t make sense. No matter what the price of a house, there will always 10 people that are each 10 times poorer than you that can pool their money and move in next door.

[quote=bearvine]Many in the RE blogsphere are rooting for rock bottom prices. The truth is that is not always the best scenario. As pointed out earlier by others, think of who your neighbors might be.[/quote]

[yellow8yellowm]

1. Concensus: This means nothing. In Galileo’s day everybody agreed that the sun revolved around the earth, but they were all wrong. The list of the concensus being wrong goes on forever.

2. Correlation does not mean causation: If you assume temperatures have risen at the same time that CO2 has risen this does not prove that CO2 causes GW.

3. Stance changes: In 70’s there the mantra was “global cooling”. This changed to “global warming” and now it is more of just plain old “climate change”.

It is pretty obvious that this is more than just a scientific belief. It is more of a sociopolitical belief, or even a religious belief. It is not cooling, warming, or change that people are worried about. These people are just need something to feel good about. They don’t care about evidence or proof because you don’t those things when you have faith. Look at all the wood burning stoves in Marin County for example.

Don’t get me wrong everybody. I don’t like pollution either, but I think the alarmist/unscientific attitude of environmentalism needs some change.

[yellow8yellowm]

1. Concensus: This means nothing. In Galileo’s day everybody agreed that the sun revolved around the earth, but they were all wrong. The list of the concensus being wrong goes on forever.

2. Correlation does not mean causation: If you assume temperatures have risen at the same time that CO2 has risen this does not prove that CO2 causes GW.

3. Stance changes: In 70’s there the mantra was “global cooling”. This changed to “global warming” and now it is more of just plain old “climate change”.

It is pretty obvious that this is more than just a scientific belief. It is more of a sociopolitical belief, or even a religious belief. It is not cooling, warming, or change that people are worried about. These people are just need something to feel good about. They don’t care about evidence or proof because you don’t those things when you have faith. Look at all the wood burning stoves in Marin County for example.

Don’t get me wrong everybody. I don’t like pollution either, but I think the alarmist/unscientific attitude of environmentalism needs some change.

[yellow8yellowm]

1. Concensus: This means nothing. In Galileo’s day everybody agreed that the sun revolved around the earth, but they were all wrong. The list of the concensus being wrong goes on forever.

2. Correlation does not mean causation: If you assume temperatures have risen at the same time that CO2 has risen this does not prove that CO2 causes GW.

3. Stance changes: In 70’s there the mantra was “global cooling”. This changed to “global warming” and now it is more of just plain old “climate change”.

It is pretty obvious that this is more than just a scientific belief. It is more of a sociopolitical belief, or even a religious belief. It is not cooling, warming, or change that people are worried about. These people are just need something to feel good about. They don’t care about evidence or proof because you don’t those things when you have faith. Look at all the wood burning stoves in Marin County for example.

Don’t get me wrong everybody. I don’t like pollution either, but I think the alarmist/unscientific attitude of environmentalism needs some change.

[yellow8yellowm]

1. Concensus: This means nothing. In Galileo’s day everybody agreed that the sun revolved around the earth, but they were all wrong. The list of the concensus being wrong goes on forever.

2. Correlation does not mean causation: If you assume temperatures have risen at the same time that CO2 has risen this does not prove that CO2 causes GW.

3. Stance changes: In 70’s there the mantra was “global cooling”. This changed to “global warming” and now it is more of just plain old “climate change”.

It is pretty obvious that this is more than just a scientific belief. It is more of a sociopolitical belief, or even a religious belief. It is not cooling, warming, or change that people are worried about. These people are just need something to feel good about. They don’t care about evidence or proof because you don’t those things when you have faith. Look at all the wood burning stoves in Marin County for example.

Don’t get me wrong everybody. I don’t like pollution either, but I think the alarmist/unscientific attitude of environmentalism needs some change.

[yellow8yellowm]

1. Concensus: This means nothing. In Galileo’s day everybody agreed that the sun revolved around the earth, but they were all wrong. The list of the concensus being wrong goes on forever.

2. Correlation does not mean causation: If you assume temperatures have risen at the same time that CO2 has risen this does not prove that CO2 causes GW.

3. Stance changes: In 70’s there the mantra was “global cooling”. This changed to “global warming” and now it is more of just plain old “climate change”.

It is pretty obvious that this is more than just a scientific belief. It is more of a sociopolitical belief, or even a religious belief. It is not cooling, warming, or change that people are worried about. These people are just need something to feel good about. They don’t care about evidence or proof because you don’t those things when you have faith. Look at all the wood burning stoves in Marin County for example.

Don’t get me wrong everybody. I don’t like pollution either, but I think the alarmist/unscientific attitude of environmentalism needs some change.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

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