Tim Plaehn's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/100034/comments http://seekingalpha.com/article/180387/comments?source=feed#comment-828292 828292 Thu, 31 Dec 2009 14:08:12 -0500 http://seekingalpha.com/article/179876/comments?source=feed#comment-822660 822660 Sun, 27 Dec 2009 11:53:17 -0500 http://seekingalpha.com/article/179503/comments?source=feed#comment-818559 818559 Wed, 23 Dec 2009 09:10:45 -0500 http://seekingalpha.com/article/178849/comments?source=feed#comment-812618 812618 Fri, 18 Dec 2009 14:54:34 -0500 http://seekingalpha.com/article/177547/comments?source=feed#comment-801766 801766 Fri, 11 Dec 2009 12:21:14 -0500 http://seekingalpha.com/article/177048/comments?source=feed#comment-795997 795997 Tue, 08 Dec 2009 09:05:40 -0500 http://seekingalpha.com/article/559/comments?source=feed#comment-785333 785333 Tue, 01 Dec 2009 20:04:52 -0500 http://seekingalpha.com/article/175437/comments?source=feed#comment-778230 778230 Thu, 26 Nov 2009 08:34:56 -0500 http://seekingalpha.com/article/174041/comments?source=feed#comment-766969 766969 Thu, 19 Nov 2009 08:26:03 -0500 http://seekingalpha.com/article/169561/comments?source=feed#comment-735290 735290
Which is the whole point of this article that prices must fall an additional 25%. Prices in California have been increasing slowly for almost half a year now.]]> Thu, 29 Oct 2009 09:19:10 -0400
Which is the whole point of this article that prices must fall an additional 25%. Prices in California have been increasing slowly for almost half a year now.]]> http://seekingalpha.com/article/169150/comments?source=feed#comment-733704 733704 Wed, 28 Oct 2009 09:01:20 -0400 http://seekingalpha.com/article/164475/comments?source=feed#comment-699729 699729 Fri, 02 Oct 2009 09:03:35 -0400 http://seekingalpha.com/article/157208/comments?source=feed#comment-637710 637710
A stable price market and the continued turnover of homes from high-price repos to lower priced starts for the new owners will build a stable base of ownership that will see their equity start to grow. 300,000 homes will be purchased this year in Southern California. 50,000 in Las Vegas. These are all homes with low prices and good rate fixed term mortgages replacing high-value ARMs. A new base is building and I do not believe that unemployment or the current foreclosure number will restart the downward price trend.]]> Thu, 20 Aug 2009 08:42:11 -0400
A stable price market and the continued turnover of homes from high-price repos to lower priced starts for the new owners will build a stable base of ownership that will see their equity start to grow. 300,000 homes will be purchased this year in Southern California. 50,000 in Las Vegas. These are all homes with low prices and good rate fixed term mortgages replacing high-value ARMs. A new base is building and I do not believe that unemployment or the current foreclosure number will restart the downward price trend.]]> http://seekingalpha.com/article/156977/comments?source=feed#comment-636396 636396

On Aug 19 06:34 AM chap08 wrote:

> Why does anyone care about housing? Housing never recovers until
> employment recovers. Employment never recovers until after the recession
> is ended. Housing is at the end of the chain. Worry about what's
> at the start of the chain instead.
>
> p.s. don't confuse housing with debt.]]> Wed, 19 Aug 2009 10:33:35 -0400

On Aug 19 06:34 AM chap08 wrote:

> Why does anyone care about housing? Housing never recovers until
> employment recovers. Employment never recovers until after the recession
> is ended. Housing is at the end of the chain. Worry about what's
> at the start of the chain instead.
>
> p.s. don't confuse housing with debt.]]> http://seekingalpha.com/article/156411/comments?source=feed#comment-632830 632830

On Aug 16 11:36 PM Can'tSpotABubble? wrote:

> There is no freaking debate amongst those who are sane. Housing
> will NOT recover until there is across the board price reversion
> to the mean with respect to incomes and inflation.
>
> My criteria for knowing housing has stabilized is the far off day
> that I can buy a property with 20% down cold, hard cash and turn
> around the following day and rent said property and have at least
> $1 of annual positive cash flow after P.I.T.I. and associated expenses.
>
>
> I'm getting real sick of everyone calling the bottom. I've been
> hearing it for over 2 years now.
>
> The bottom will not be ascertained until we are at least 2 quarters
> past it. That day seems far away.......]]> Mon, 17 Aug 2009 09:10:23 -0400

On Aug 16 11:36 PM Can'tSpotABubble? wrote:

> There is no freaking debate amongst those who are sane. Housing
> will NOT recover until there is across the board price reversion
> to the mean with respect to incomes and inflation.
>
> My criteria for knowing housing has stabilized is the far off day
> that I can buy a property with 20% down cold, hard cash and turn
> around the following day and rent said property and have at least
> $1 of annual positive cash flow after P.I.T.I. and associated expenses.
>
>
> I'm getting real sick of everyone calling the bottom. I've been
> hearing it for over 2 years now.
>
> The bottom will not be ascertained until we are at least 2 quarters
> past it. That day seems far away.......]]> http://seekingalpha.com/article/155802/comments?source=feed#comment-627882 627882 Thu, 13 Aug 2009 08:41:59 -0400 http://seekingalpha.com/article/153099/comments?source=feed#comment-611629 611629 Sun, 02 Aug 2009 12:47:58 -0400 http://seekingalpha.com/article/152476/comments?source=feed#comment-607764 607764
The interesting side to watch is the supply side. Foreclosure inventory against new homes. In 2008 California new homebuilders started only 33k single family homes. In the worst years of the 90's, they built at least 85k. The state's population has increased by 6 million since 1995.Existing home inventory has fallen to less than a 4 month supply in the state. Will the next surge of foreclosures coming to market be readily absorbed by increased demand, or will prices start to fall again? ]]> Thu, 30 Jul 2009 09:21:51 -0400
The interesting side to watch is the supply side. Foreclosure inventory against new homes. In 2008 California new homebuilders started only 33k single family homes. In the worst years of the 90's, they built at least 85k. The state's population has increased by 6 million since 1995.Existing home inventory has fallen to less than a 4 month supply in the state. Will the next surge of foreclosures coming to market be readily absorbed by increased demand, or will prices start to fall again? ]]> http://seekingalpha.com/article/152093/comments?source=feed#comment-606478 606478 Wed, 29 Jul 2009 10:01:37 -0400 http://seekingalpha.com/article/151132/comments?source=feed#comment-601787 601787 Sat, 25 Jul 2009 10:19:33 -0400 http://seekingalpha.com/article/151132/comments?source=feed#comment-601783 601783 Sat, 25 Jul 2009 10:15:19 -0400 http://seekingalpha.com/article/151077/comments?source=feed#comment-600702 600702 Fri, 24 Jul 2009 09:10:44 -0400 http://seekingalpha.com/article/150534/comments?source=feed#comment-599542 599542 Thu, 23 Jul 2009 11:58:30 -0400 http://seekingalpha.com/article/150491/comments?source=feed#comment-598233 598233
ONAV has plenty of cash flow to support the dividend. They probably had to suspend due to breaking bank covenants concerning asset values. After they pay down some debt the payout will start up again.]]> Wed, 22 Jul 2009 13:12:23 -0400
ONAV has plenty of cash flow to support the dividend. They probably had to suspend due to breaking bank covenants concerning asset values. After they pay down some debt the payout will start up again.]]> http://seekingalpha.com/article/150347/comments?source=feed#comment-597780 597780
I took a look at the data and I do hate slanted reporting, so I will slant back. Cars averaged 22.5 mpg, but light trucks (includes most SUVs) average 18.0. Not to bad for the trucks.

Heavy trucks drove 8% of the miles but used 25% of the fuel. Get out of those mass-transit buses and back into your 20 mpg SUV!

It is difficult to believe that anyone believes that Americans will give up their cars, pickups and SUVs in mass and take the bus. Let politicians massively raise gas taxes and see how many of them have jobs after the next election. ]]> Wed, 22 Jul 2009 09:14:41 -0400
I took a look at the data and I do hate slanted reporting, so I will slant back. Cars averaged 22.5 mpg, but light trucks (includes most SUVs) average 18.0. Not to bad for the trucks.

Heavy trucks drove 8% of the miles but used 25% of the fuel. Get out of those mass-transit buses and back into your 20 mpg SUV!

It is difficult to believe that anyone believes that Americans will give up their cars, pickups and SUVs in mass and take the bus. Let politicians massively raise gas taxes and see how many of them have jobs after the next election. ]]> http://seekingalpha.com/article/150344/comments?source=feed#comment-597749 597749 Wed, 22 Jul 2009 08:57:55 -0400 http://seekingalpha.com/article/150177/comments?source=feed#comment-597727 597727 Wed, 22 Jul 2009 08:39:03 -0400 http://seekingalpha.com/article/149950/comments?source=feed#comment-596321 596321
Ag last year was terrible with no rain through out the entire summer. This winter the rains have been better (at least here in Uruguay). The regressive tax policies of the Kirchner's, especially the Mrs. have done more to affect farmers than the weather. When the new congress takes office in January things should get a little easier. ]]> Tue, 21 Jul 2009 09:13:22 -0400
Ag last year was terrible with no rain through out the entire summer. This winter the rains have been better (at least here in Uruguay). The regressive tax policies of the Kirchner's, especially the Mrs. have done more to affect farmers than the weather. When the new congress takes office in January things should get a little easier. ]]> http://seekingalpha.com/article/149782/comments?source=feed#comment-594752 594752 Mon, 20 Jul 2009 08:04:41 -0400 http://seekingalpha.com/article/149449/comments?source=feed#comment-591920 591920 Fri, 17 Jul 2009 10:38:20 -0400