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Zeitgeist
ParticipantYou sound like a good person to me and you definitely can read the real estate tea leaves better than I do. I am looking at some of the macro stuff, but that can always change for the better. You are 100% right, this is the greatest country in the world. The founders set it up that way and the people who settled here made it so. The sun will still rise in the morning. Most politicians are very unscrupulous. Not too many public minded pols around these days. Maybe it is the 24 hours news cycle that is too happy to point out all the flaws and foibles. Most humans are weak willed. I would prefer things improve. I do not like the thought of more homeless, higher unemployment. Desperate people seek desperate solutions and that is not a good mix for good government.
Zeitgeist
ParticipantYou sound like a good person to me and you definitely can read the real estate tea leaves better than I do. I am looking at some of the macro stuff, but that can always change for the better. You are 100% right, this is the greatest country in the world. The founders set it up that way and the people who settled here made it so. The sun will still rise in the morning. Most politicians are very unscrupulous. Not too many public minded pols around these days. Maybe it is the 24 hours news cycle that is too happy to point out all the flaws and foibles. Most humans are weak willed. I would prefer things improve. I do not like the thought of more homeless, higher unemployment. Desperate people seek desperate solutions and that is not a good mix for good government.
Zeitgeist
ParticipantYou sound like a good person to me and you definitely can read the real estate tea leaves better than I do. I am looking at some of the macro stuff, but that can always change for the better. You are 100% right, this is the greatest country in the world. The founders set it up that way and the people who settled here made it so. The sun will still rise in the morning. Most politicians are very unscrupulous. Not too many public minded pols around these days. Maybe it is the 24 hours news cycle that is too happy to point out all the flaws and foibles. Most humans are weak willed. I would prefer things improve. I do not like the thought of more homeless, higher unemployment. Desperate people seek desperate solutions and that is not a good mix for good government.
Zeitgeist
ParticipantYou sound like a good person to me and you definitely can read the real estate tea leaves better than I do. I am looking at some of the macro stuff, but that can always change for the better. You are 100% right, this is the greatest country in the world. The founders set it up that way and the people who settled here made it so. The sun will still rise in the morning. Most politicians are very unscrupulous. Not too many public minded pols around these days. Maybe it is the 24 hours news cycle that is too happy to point out all the flaws and foibles. Most humans are weak willed. I would prefer things improve. I do not like the thought of more homeless, higher unemployment. Desperate people seek desperate solutions and that is not a good mix for good government.
Zeitgeist
Participantsdr-
I can see why you would think that sounds like a conflict. I should have said, stay in the game instead of keep looking. I do think the prices are going to come down because I think the market is headed down again seriously. People are fearful, many do not trust the government, the stimulus is not working and taxes are going up for those who pay them (next year). Add to the perfect storm the oil spill, fears over Iran and Israel nuking it out and you have a free floating anxiety that contributes to another market down turn which should pull the unhealthy housing market with it. Unless the government starts giving houses away or makes a huge incentive (say 25.K instead of 8.K and not just for first time buyers), then the props will fall and so will real estate. I would prefer to be wrong, but all the signs are there.
So, I would keep watching and have a list ready. There should be some bargains in the market. As for the high end sellers (multi million types), if they sellers do not have to sell, they will pull them off the market and wait them out. If they have to sell, there might even be bargains there. I do not study the high end market as much as some on the panel like you, SDR and flu seems to be very informed on this and most of us like to hear from you professionals.
I do not want this to be political, it is observational. I think people on both sides of the spectrum are fearful and with good reason. With unemployment extensions being cut off, the number of unemployed might appear to have stopped increasing, but it might be even worse than we know. The best measure for me for fear besides everyone stocking up on water, batteries and dry goods is the constant drum beat of buy gold, buy gold, buy gold. This feels like the build up to WW II and anyone who doesn’t feel it is anesthetized.
Zeitgeist
Participantsdr-
I can see why you would think that sounds like a conflict. I should have said, stay in the game instead of keep looking. I do think the prices are going to come down because I think the market is headed down again seriously. People are fearful, many do not trust the government, the stimulus is not working and taxes are going up for those who pay them (next year). Add to the perfect storm the oil spill, fears over Iran and Israel nuking it out and you have a free floating anxiety that contributes to another market down turn which should pull the unhealthy housing market with it. Unless the government starts giving houses away or makes a huge incentive (say 25.K instead of 8.K and not just for first time buyers), then the props will fall and so will real estate. I would prefer to be wrong, but all the signs are there.
So, I would keep watching and have a list ready. There should be some bargains in the market. As for the high end sellers (multi million types), if they sellers do not have to sell, they will pull them off the market and wait them out. If they have to sell, there might even be bargains there. I do not study the high end market as much as some on the panel like you, SDR and flu seems to be very informed on this and most of us like to hear from you professionals.
I do not want this to be political, it is observational. I think people on both sides of the spectrum are fearful and with good reason. With unemployment extensions being cut off, the number of unemployed might appear to have stopped increasing, but it might be even worse than we know. The best measure for me for fear besides everyone stocking up on water, batteries and dry goods is the constant drum beat of buy gold, buy gold, buy gold. This feels like the build up to WW II and anyone who doesn’t feel it is anesthetized.
Zeitgeist
Participantsdr-
I can see why you would think that sounds like a conflict. I should have said, stay in the game instead of keep looking. I do think the prices are going to come down because I think the market is headed down again seriously. People are fearful, many do not trust the government, the stimulus is not working and taxes are going up for those who pay them (next year). Add to the perfect storm the oil spill, fears over Iran and Israel nuking it out and you have a free floating anxiety that contributes to another market down turn which should pull the unhealthy housing market with it. Unless the government starts giving houses away or makes a huge incentive (say 25.K instead of 8.K and not just for first time buyers), then the props will fall and so will real estate. I would prefer to be wrong, but all the signs are there.
So, I would keep watching and have a list ready. There should be some bargains in the market. As for the high end sellers (multi million types), if they sellers do not have to sell, they will pull them off the market and wait them out. If they have to sell, there might even be bargains there. I do not study the high end market as much as some on the panel like you, SDR and flu seems to be very informed on this and most of us like to hear from you professionals.
I do not want this to be political, it is observational. I think people on both sides of the spectrum are fearful and with good reason. With unemployment extensions being cut off, the number of unemployed might appear to have stopped increasing, but it might be even worse than we know. The best measure for me for fear besides everyone stocking up on water, batteries and dry goods is the constant drum beat of buy gold, buy gold, buy gold. This feels like the build up to WW II and anyone who doesn’t feel it is anesthetized.
Zeitgeist
Participantsdr-
I can see why you would think that sounds like a conflict. I should have said, stay in the game instead of keep looking. I do think the prices are going to come down because I think the market is headed down again seriously. People are fearful, many do not trust the government, the stimulus is not working and taxes are going up for those who pay them (next year). Add to the perfect storm the oil spill, fears over Iran and Israel nuking it out and you have a free floating anxiety that contributes to another market down turn which should pull the unhealthy housing market with it. Unless the government starts giving houses away or makes a huge incentive (say 25.K instead of 8.K and not just for first time buyers), then the props will fall and so will real estate. I would prefer to be wrong, but all the signs are there.
So, I would keep watching and have a list ready. There should be some bargains in the market. As for the high end sellers (multi million types), if they sellers do not have to sell, they will pull them off the market and wait them out. If they have to sell, there might even be bargains there. I do not study the high end market as much as some on the panel like you, SDR and flu seems to be very informed on this and most of us like to hear from you professionals.
I do not want this to be political, it is observational. I think people on both sides of the spectrum are fearful and with good reason. With unemployment extensions being cut off, the number of unemployed might appear to have stopped increasing, but it might be even worse than we know. The best measure for me for fear besides everyone stocking up on water, batteries and dry goods is the constant drum beat of buy gold, buy gold, buy gold. This feels like the build up to WW II and anyone who doesn’t feel it is anesthetized.
Zeitgeist
Participantsdr-
I can see why you would think that sounds like a conflict. I should have said, stay in the game instead of keep looking. I do think the prices are going to come down because I think the market is headed down again seriously. People are fearful, many do not trust the government, the stimulus is not working and taxes are going up for those who pay them (next year). Add to the perfect storm the oil spill, fears over Iran and Israel nuking it out and you have a free floating anxiety that contributes to another market down turn which should pull the unhealthy housing market with it. Unless the government starts giving houses away or makes a huge incentive (say 25.K instead of 8.K and not just for first time buyers), then the props will fall and so will real estate. I would prefer to be wrong, but all the signs are there.
So, I would keep watching and have a list ready. There should be some bargains in the market. As for the high end sellers (multi million types), if they sellers do not have to sell, they will pull them off the market and wait them out. If they have to sell, there might even be bargains there. I do not study the high end market as much as some on the panel like you, SDR and flu seems to be very informed on this and most of us like to hear from you professionals.
I do not want this to be political, it is observational. I think people on both sides of the spectrum are fearful and with good reason. With unemployment extensions being cut off, the number of unemployed might appear to have stopped increasing, but it might be even worse than we know. The best measure for me for fear besides everyone stocking up on water, batteries and dry goods is the constant drum beat of buy gold, buy gold, buy gold. This feels like the build up to WW II and anyone who doesn’t feel it is anesthetized.
Zeitgeist
ParticipantZombieland was a good zombie movie, especially the scene in the convenience store. Depending on what time of day or night you shop, you do see quite a few zombies. The next Z. movie should be shot in Walmart.
Zeitgeist
ParticipantZombieland was a good zombie movie, especially the scene in the convenience store. Depending on what time of day or night you shop, you do see quite a few zombies. The next Z. movie should be shot in Walmart.
Zeitgeist
ParticipantZombieland was a good zombie movie, especially the scene in the convenience store. Depending on what time of day or night you shop, you do see quite a few zombies. The next Z. movie should be shot in Walmart.
Zeitgeist
ParticipantZombieland was a good zombie movie, especially the scene in the convenience store. Depending on what time of day or night you shop, you do see quite a few zombies. The next Z. movie should be shot in Walmart.
Zeitgeist
ParticipantZombieland was a good zombie movie, especially the scene in the convenience store. Depending on what time of day or night you shop, you do see quite a few zombies. The next Z. movie should be shot in Walmart.
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