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Old 04-25-2013, 03:08 AM
 
Location: Sunrise
10,869 posts, read 13,660,039 times
Reputation: 8987

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[mod edit-- orphaned and off topic]

I, too, would love to hear what the gloom and doomers are doing with their money -- seeing as EVERYTHING is manipulated. And here's the thing: Most of the people I know who have figured out that everything in the financial world is rigged are intelligent and thoughtful. They know it's a shell game, or even three-card monte. So they play to win. Why shouldn't they?

Most of the delusional alternatives skew towards either utopian socialism or Randian capitalism. Neither of which is a workable solution.

Last edited by observer53; 04-25-2013 at 01:58 PM..
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Old 04-25-2013, 03:59 AM
 
Location: Sunrise
10,869 posts, read 13,660,039 times
Reputation: 8987
[mod edit-- orphaned]
There is a real demand for housing because -- news flash -- people want a place to live. Real property has real value because it's one of the very few things that cannot be created out of thin air. There's only so much land available.

So while you're busy being amazed by the mechanics of supply and demand, I'll continue to try and better my situation. [mod edit-- off topic/baiting]

Game. Set. Match.

Last edited by observer53; 04-25-2013 at 02:01 PM..
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Old 04-25-2013, 03:27 PM
 
674 posts, read 755,791 times
Reputation: 429
Well put...my only brother is very Anti-US gov't, thinks it's all crooked as can be...and you know what, he's right! But so many countries are and even worse! I told him sometimes you just have to suck it up and play the game to get ahead. So if you think there's any manipulation in the real estate market use that knowledge to better yourself.

There are a lot of people who are bitter about missing the buying opportunity 2 years ago so they have to continually come up with reasons as to why they refused to take a bite.

[off topic for ths thread]
Some people could be up 50% on some RE investments over the past 2 years but they sat on the sidelines and are now grumpy, that's my take on it.

Last edited by observer53; 04-25-2013 at 05:07 PM..
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Old 04-25-2013, 07:25 PM
 
244 posts, read 286,237 times
Reputation: 204
So far your 100% wrong but at least your consistent. Now, back to the topic...

Big problems on the horizon for strike-it-rich investors and speculators who continue to deploy capital in the low to mid-income driven housing arena:

1) The more the market manipulation, the more the distortion and the more the distortion, the more the miss-pricing and the more the miss-pricing, the more the malinvestment piles-up and the more the malinvestment piles-up, the more the risk/reward models become fatally flawed.

2) Renters ability to pay always gets whacked from the bottom up.

Meanwhile the printing at the Fed won't stop until there's a run on the dollar. The stampede into real estate is just one of the hints that people want things with inherent value, no argument there.

But...

When they raise interest rates to save the dollar then what? Interest rates are rock bottom, prices are cheap, where's the cushion to absorb the volatility when rates rise? The future housing market will be very interest rate sensitive.

Stay mobile and debt free my friends!
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Old 04-25-2013, 07:44 PM
 
674 posts, read 755,791 times
Reputation: 429
[mod edit]

Learned fact going forward: It's important not to mention that many markets people invest in are manipulated, not only real estate, when trying to defend real estate otherwise your thoughts and free thinking will be suppressed worse than that of a citizen of China.

Good luck everyone.

Last edited by observer53; 04-25-2013 at 09:14 PM..
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Old 04-26-2013, 12:30 AM
 
283 posts, read 412,107 times
Reputation: 217
This is no longer the RE manipulation thread. it's keep Observer53 busy thred. LOL

Home prices are going up with or without manipulation. I'm going to try to profit from it one way or another. It's their game so I'm going to try to ride their coat and earn some money. Buy Home depot stock and some small lender stocks. The stock market's manipulated too but so what who cares.
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Old 04-26-2013, 12:36 AM
 
283 posts, read 412,107 times
Reputation: 217
Quote:
Originally Posted by VegasVicsezhowdy View Post
So far your 100% wrong but at least your consistent. Now, back to the topic...

Big problems on the horizon for strike-it-rich investors and speculators who continue to deploy capital in the low to mid-income driven housing arena:

1) The more the market manipulation, the more the distortion and the more the distortion, the more the miss-pricing and the more the miss-pricing, the more the malinvestment piles-up and the more the malinvestment piles-up, the more the risk/reward models become fatally flawed.

2) Renters ability to pay always gets whacked from the bottom up.

Meanwhile the printing at the Fed won't stop until there's a run on the dollar. The stampede into real estate is just one of the hints that people want things with inherent value, no argument there.

But...

When they raise interest rates to save the dollar then what? Interest rates are rock bottom, prices are cheap, where's the cushion to absorb the volatility when rates rise? The future housing market will be very interest rate sensitive.

Stay mobile and debt free my friends!
yikes i'm glad i'm not playing some drinking game when you say the phrase "the more" or i'd be drunk as a skunk.
Wouldn't you want these flippers and money greedy bankers making mistakes and losing their shirt on these bad deals? let it happen as it won't affect you since you have no debt and are mobile. Maybe let them make the mistakes and let the market bottom again so YOU can get in a buy at good prices. You should try to capitalize on these dumb speculators and let them make the mistakes so you can profit from it. That is the american way. LOL
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Old 04-26-2013, 12:43 AM
 
674 posts, read 755,791 times
Reputation: 429
Quote:
Originally Posted by NoMoreRJ View Post
This is no longer the RE manipulation thread. it's keep Observer53 busy thred. LOL

Home prices are going up with or without manipulation. I'm going to try to profit from it one way or another. It's their game so I'm going to try to ride their coat and earn some money. Buy Home depot stock and some small lender stocks. The stock market's manipulated too but so what who cares.
Don't mention any investment in comparison (such as stocks). General Mao will zap your ideas worthless and you'll look back at making the effort to post a complete a waste of time as this successfully morphs into another dead thread.

Last edited by aardogfsu; 04-26-2013 at 12:53 AM..
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Old 04-26-2013, 02:28 AM
 
59 posts, read 79,937 times
Reputation: 87
Housing market is NOT a stock market. Housing market shouldn't be Las Vegas style Casino game.
Housing can never again become a roulette wheel.

Things can change but WE have to change them.
Americans need to respond to the current crisis by helping to deflate prices: STOP borrowing money; STOP buying things you don't need. Say NO to the government-inspired self-indulgence, to the government- inspired inflation of the undisciplined consumer (and consumptive) mania.
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Old 04-26-2013, 02:51 AM
 
17,546 posts, read 34,656,854 times
Reputation: 9985
Quote:
Originally Posted by Trader Joe99 View Post
Housing market is NOT a stock market. Housing market shouldn't be Las Vegas style Casino game.
Housing can never again become a roulette wheel.

Things can change but WE have to change them.
Americans need to respond to the current crisis by helping to deflate prices: STOP borrowing money; STOP buying things you don't need. Say NO to the government-inspired self-indulgence, to the government- inspired inflation of the undisciplined consumer (and consumptive) mania
.
The above opinion can be stated about ANY number of cities, not just Las Vegas. For the LAST time, take that message to the general forums, where you will have a much wider audience for the message you and VegasVic are both trying to spread.
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