The housing market is going to recover sooner than many think, according to Pershing Square's...

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bankingqueen Comments (111)
 
Dream on, housing will be dead for a while. nothing to see here untill obama is gone.
19 Oct 2011, 07:50 PM Reply Like

The Geoffster Comments (3685)
 
Now that Obama has adopted the Flea Baggers, he can promise them all a new house courtesy of the one percenters. He's already back stopped student loans, so forgiving them should be no problem. If he takes Jesse Jackson's advise and gives federal jobs to the unemployed at 40K a pop, everything will be solved and I can safely renounce my citizenship and move to some capitalist country, if I can find one.
19 Oct 2011, 07:59 PM Reply Like

tunaman4u2 Comments (2373)
 
Yes declining wages to increasing costs leave much more money per month to buy houses at higher prices later

These guys are unrealistic jerks living in NYC with no clue as to whats really going on with real people with real budgets
19 Oct 2011, 08:00 PM Reply Like

Fin858 Comments (450)
 
Did you know Ackman read 140,000 pages worth of documentation regarding MBIA when he shorted it in 2007-08?????

I wouldn't be so sure that he has no idea what's going on.
19 Oct 2011, 08:31 PM Reply Like

Oceanstats Comments (61)
 
Really Ali? I'll do a Bauer and say it'll recover with in 10 yrs, mark it down.
19 Oct 2011, 08:01 PM Reply Like

bankingqueen Comments (111)
 
Ocean, you stated the great Bauer not me. But I am in total agreement Ali is clueless.
19 Oct 2011, 08:13 PM Reply Like

klarsolo Comments (683)
 
Too funny. Post anything positive and you have 100s of bears crawling out and calling you a dreamer and/or stupid.
19 Oct 2011, 08:09 PM Reply Like

The Geoffster Comments (3685)
 
That's what makes a market.
19 Oct 2011, 08:14 PM Reply Like

tunaman4u2 Comments (2373)
 
Whats funny is you know the bears are right so you just criticize them. Way to bring NOTHING to the conversation troll.

Refute it... if you have declining wages & increasing costs with mortgage rates at unsustainable lows how can you have an improving market later?
19 Oct 2011, 08:19 PM Reply Like

TruffelPig Comments (3230)
 
You don't know the future either - you just claim to be right.
19 Oct 2011, 08:21 PM Reply Like

MainStreetKate Comments (59)
 
It's ok. The bears just don't get contrarians, pay them no heed & stay whatever course works for you.
19 Oct 2011, 08:23 PM Reply Like

klarsolo Comments (683)
 
Your problem is that you extrapolate the trends of the last few years into the future. That works until it doesn't. And by the time it becomes apparent to the majority that things have changed the opportunities in the market are long gone.

My point is that being bearish these days is en vogue. It's the majority position. I know it feels good when 100s of people agree with you on garbage sites like this, but don't be too upset when it doesn't make you any money.
19 Oct 2011, 08:28 PM Reply Like

EMS Comments (511)
 
Could be a nice 2-3 month trade, using leverage, could make the guy hundreds of millions. That could happen. That's why it is called a trade.

Doesn't mean that the underlying has bottomed, that these equities are undervalued, or that housing doesn't have further to fall. Personally I think they should stop building new homes for now. Period.
19 Oct 2011, 08:13 PM Reply Like

TruffelPig Comments (3230)
 
If they stop, the bottom will drop.
19 Oct 2011, 08:22 PM Reply Like

Bouchart Comments (384)
 
Housing is dead, partially due to demographic issues. Not buying it.
19 Oct 2011, 09:21 PM Reply Like

Tack Comments (9232)
 
People want data to suggest that housing may soon start looking more attractive? Well, here's a chart that suggests that the days of rental nirvanna are probably limited:

http://bit.ly/qL5h6T
19 Oct 2011, 09:36 PM Reply Like