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Old 09-23-2008, 10:47 AM
 
Location: Lehigh Valley, PA
242 posts, read 771,879 times
Reputation: 45

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So sorry- but these areas have remained somewhat "stable" according to your chief economist Robert Shiller's index.

These areas have barley seen a decrease or maybe a slight decrease rather then their "bubble bursting" as you mentioned. Check it out!!!

About.com: http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_csmahp/2,3,4,0,0,0,0,0,0,0,0,0,0,0,0,0.html

So I guess this diserves another patrick.net reference to try and draw attention away from the fact that you have no personal experience or knowledge about this topic.


You are a spoon fed your ideas from the media.


Quote:
Originally Posted by EmmausRocks View Post
Of course it's propaganda, WHY DO YOU THINK WE ARE IN THIS CRISIS RIGHT NOW? I think you need to educate yourself a little bit or just WATCH THE NEWS!!!! It's because of HOUSING!!!!!!!!!!!! The bubble market did hit ATLANTA, CHARLOTTE, GREENSBORO, TRIANGLE AREA, ASHVILLE, HOUSTON, DALLAS.

You prove my point that you are a rookie realtor without much general knowledge. Progaganda is when realtors put signs on route 78 claiming, "Prices of real estate double every ten years".

Last edited by toobusytoday; 09-24-2008 at 09:12 AM.. Reason: rude comment
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Old 09-23-2008, 01:43 PM
 
191 posts, read 640,770 times
Reputation: 44
Quote:
Originally Posted by jeffvivian View Post
So sorry- but these areas have remained somewhat "stable" according to your chief economist Robert Shiller's index.

These areas have barley seen a decrease or maybe a slight decrease rather then their "bubble bursting" as you mentioned. Check it out!!!

About.com: http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_csmahp/2,3,4,0,0,0,0,0,0,0,0,0,0,0,0,0.html

So I guess this diserves another patrick.net reference to try and draw attention away from the fact that you have no personal experience or knowledge about this topic.

Or feel free to come out of your mother's basement and tell us about your experience since you seem to be a big on the idea of experience....

You are a spoon fed your ideas from the media.

You better re-read your own posting. It clearly shows BUBBLE PRICES!! Here read this chart and then look at the one you posted, IT SHOWS THE SAME DATA!!!! It show's prices are bubblicious over the past 6-10 years compared to the previous 115 years. Maybe you should better realtor tactics.

http://graphics8.nytimes.com/images/...aph2.large.gif



Why a 50'% housing drop is good for our country

User Forum Topic
Submitted by powayseller (broken link) on August 28, 2006 - 6:09am
We should all root for housing to fall 50%, so we can use our nation's capital for research, development, production, investment, education, instead of consumption of homes.
It's a shame that this diversion of money to housing is reducing our nation's productivity and innovation.
Instead of putting money into developing solar energy, better education, reforming social security and health care, newer drugs, non-polluting transportation, next century of electronics, we are spending it on consuming housing (benefitting the construction industry only) and buying goods from China (benefitting the manufacturer in another country).
Further, we are putting ever increasing amounts of our slowly falling real wages into consumer durables. At the present pace, we would be spending 60% of our income on housing.
Money spent on housing, while a boom to the construction industry, doesn't help this country advance in any sector. Hell, we can't even export the darn things!
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Old 09-23-2008, 02:59 PM
 
392 posts, read 1,272,414 times
Reputation: 83
Quote:
Originally Posted by jeffvivian View Post
Or feel free to come out of your mother's basement and tell us about your experience since you seem to be a big on the idea of experience....
C'mon Jeff...dont stoop to his level. Your better than that!

Thanks for the response to my question btw.
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Old 09-23-2008, 03:06 PM
 
Location: Lehigh Valley, PA
242 posts, read 771,879 times
Reputation: 45
Stavs

Don't worry I won't sink to his level, I just am curious about his experience.

Hope the info was helpful....

Thanks
Jeff
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