U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 1.5 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.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
View Poll Results: When Will the Housing Market Recover?
2010 7 5.65%
2011 10 8.06%
2012 16 12.90%
2013 23 18.55%
2014 11 8.87%
2015 13 10.48%
2016 5 4.03%
2017 1 0.81%
2018 beyond 22 17.74%
Never 16 12.90%
Voters: 124. You may not vote on this poll

Reply Start New Thread
 
Old 06-19-2010, 01:16 AM
 
220 posts, read 621,477 times
Reputation: 157

Advertisements

If the new president is republican, sell everything you own and hide in a cave... the sheit storm Bush started will finish off any survivors.
Reply With Quote Quick reply to this message

 
Old 06-19-2010, 01:43 AM
 
264 posts, read 280,162 times
Reputation: 45
Quote:
Originally Posted by glenn_1000 View Post
If the new president is republican, sell everything you own and hide in a cave... the sheit storm Bush started will finish off any survivors.
sell everything you own and hide in a cave, now why wait?
Reply With Quote Quick reply to this message
 
Old 06-19-2010, 03:27 AM
 
2,024 posts, read 2,578,194 times
Reputation: 1956
Quote:
Originally Posted by mathjak107 View Post
without a doubt??? wish i had your crystal ball.

only thing ill add is that in my 25 years+ as an investor i have seen the investment grave yard filled with "without a doubts"

there is always something not even on the radar yet that alters the course of even the best "without a doubts"
Look at whats going on inspite of a desperate attempt by Ben Bernanke to reflate the economy, deflation. I see lawmakers want to pass more stimulus packages which will create more deflation in the future.
Reply With Quote Quick reply to this message
 
Old 06-19-2010, 01:34 PM
Status: "I LOOOVE COLORS" (set 8 days ago)
 
30,162 posts, read 27,276,378 times
Reputation: 17575
if your so sure why not short the markets and stock up on long term treasuries options and be very very rich.... everyone is soooo sure of their predictions but never seem to put any money on their bet.there are many many ways today to bet against things when your so sure

Last edited by mathjak107; 06-19-2010 at 01:56 PM..
Reply With Quote Quick reply to this message
 
Old 06-19-2010, 02:15 PM
 
Location: Union County
5,130 posts, read 4,987,044 times
Reputation: 3751
Quote:
Originally Posted by mathjak107 View Post
if your so sure why not short the markets and stock up on long term treasuries options and be very very rich.... everyone is soooo sure of their predictions but never seem to put any money on their bet.there are many many ways today to bet against things when your so sure
um - I think the price of gold speaks volumes to exactly that... People in droves are hedging against the markets that way.
Reply With Quote Quick reply to this message
 
Old 06-19-2010, 02:27 PM
Status: "I LOOOVE COLORS" (set 8 days ago)
 
30,162 posts, read 27,276,378 times
Reputation: 17575
noooooo the origional comment was about deflation being a given... i said short gold..... gold is not always a bet against the market. more ofton then not gold and stocks move together.
Reply With Quote Quick reply to this message
 
Old 06-19-2010, 06:20 PM
 
Location: Marion, IA
2,785 posts, read 3,785,283 times
Reputation: 1498
When Barack Obama and the Democrats stop handing out free down payments.
Reply With Quote Quick reply to this message
 
Old 06-19-2010, 11:45 PM
 
Location: Great State of Texas
75,325 posts, read 36,498,984 times
Reputation: 18326
Recover to what..pre-bubble prices ? I hope never if that's the case.
Recover to reasonable priced homes that are affordable based on 2-3x annual salary ? 2015 or so.

You see, I don't think we've hit bottom yet so that 2015 is a guess.
Reply With Quote Quick reply to this message
 
Old 06-20-2010, 03:07 AM
 
2,024 posts, read 2,578,194 times
Reputation: 1956
Quote:
Originally Posted by mathjak107 View Post
if your so sure why not short the markets and stock up on long term treasuries options and be very very rich.... everyone is soooo sure of their predictions but never seem to put any money on their bet.there are many many ways today to bet against things when your so sure
Look, try to learn all you can about whats going on and if you are going to trade in this environment then try to understand all you can about our debt money system, technical analysis and Elliott Wave and test yourself against the experts like Elliott wave expert Robert McHugh. The more you understand the less complicated it becomes.
Reply With Quote Quick reply to this message
 
Old 06-21-2010, 11:57 AM
 
16,623 posts, read 14,369,297 times
Reputation: 11492
in my area, when i look at the worst zip code in town, by $/sqft -
2000, $65/sqft
2007 peak, $152/sqft
present, $116/sqft

when i look at the best zip code in town,
2000, $302/sqft
2008 peak, $814/sqft
present, $575/sqft

i am told that "there was no bubble in North Carolina", but I am inclined to think that this is not a correct statement. i also do not see 2000 as a particularly affordable period, either.

in any case, although my amateur opinion is that the worst of the declines are over, i think it is reasonable to say that housing could underperform vs. CPI for the next 20 or 30 years. i also think it depends on government policy and its preference for home ownership, which no one can predict. and you also have to consider interest rate cycles; it has been all "fun and games" roaring bull market since 1980, with rates falling steadily.

for the market to "recover", it must first "bottom." nobody knows where the bottom is, or how long we might sit there. one could argue that we have been on an unsustainable path for quite some time now.


http://www.ritholtz.com/blog/2010/06...-deleveraging/

Last edited by le roi; 06-21-2010 at 12:19 PM..
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 $84,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads

All times are GMT -6. The time now is 01:22 AM.

2005-2014, 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 - Top