U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-12-2017, 10:06 AM
 
4,229 posts, read 1,909,438 times
Reputation: 3787

Advertisements

Quote:
Originally Posted by lchoro View Post
Anybody can post rhetorical statements like you. It takes real experience to post facts and historical background information. Are you out of school now?
Out of school for thirty-five years now, grasshopper. Retired and living in the lap of luxury for nearly six. It's rarefied air up here alright. Not so many have what it takes to get here.
Reply With Quote Quick reply to this message

 
Old 06-16-2017, 01:39 PM
 
7,014 posts, read 6,646,258 times
Reputation: 5294
They do recognize bubbles. This one claims that the San Diego housing is not in a bubble using the 2002-2006 bubble as reference. If one uses the real estate cycles previous to 2002-2006 as reference, the current cycle lies well outside those boundaries, perhaps by 15 percent.

There's Still No San Diego Housing Bubble Yet - Voice of San Diego
Reply With Quote Quick reply to this message
 
Old 06-17-2017, 06:58 AM
 
4,229 posts, read 1,909,438 times
Reputation: 3787
Rich Toscano = small-fry local neophyte blogger with no grounding at all in the meaning, nature, or history of bubbles in the modern world. He uses the word as a mimic -- meaning that he heard it used somewhere before.
Reply With Quote Quick reply to this message
 
Old 05-27-2018, 11:25 AM
 
7,014 posts, read 6,646,258 times
Reputation: 5294
Getting rich on making government loans. They're making nearly 5 percent off of the loans originated.

https://www.msn.com/en-us/money/real...bEb?li=BBnb7Kz

580 is the minimum credit score that the government's low downpayment programs will accept.
Reply With Quote Quick reply to this message
 
Old 05-30-2018, 07:25 PM
 
Location: Silicon Valley
2,773 posts, read 1,219,983 times
Reputation: 5095
Quote:
Originally Posted by evilcart View Post
Some of these assets absolutely must be bubbles unless we are to believe that 7-12 household income is the new normal for Real Estate.
Stability. A home in America comes with fun things like due process property rights and a ton of relatively rich neighbors. Oh and there could be a building on it as well. That stability was once matched in Japan. And property values rose to meet it.
Reply With Quote Quick reply to this message
 
Old 05-30-2018, 09:14 PM
 
7,014 posts, read 6,646,258 times
Reputation: 5294
Quote:
Originally Posted by artillery77 View Post
Stability. A home in America comes with fun things like due process property rights and a ton of relatively rich neighbors. Oh and there could be a building on it as well. That stability was once matched in Japan. And property values rose to meet it.
Japan was in a bubble. Dollar-yen exchange rate was halved in a short period of time of about 3-5 years through joint intervention among the central banks. It attracted foreign investment which drove up asset prices. The combination of the weak US dollar and high domestic wages and asset prices eventually caused manufacturing to move offshore in the early 90's.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top