Stanley's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/132080/comments http://seekingalpha.com/article/114464-a-deflationary-spiral-not-likely-in-the-u-s?source=feed#comment-355186 355186 Wed, 14 Jan 2009 02:15:41 -0500 http://seekingalpha.com/article/94110-housing-prices-bottom-or-temporary-bear-break?source=feed#comment-248002 248002 Mon, 08 Sep 2008 02:43:13 -0400 http://seekingalpha.com/article/81718-hyperinflation-here-we-come?source=feed#comment-205675 205675 1. houses are still overvalued by historic standards and will likely keep losing value for many years.
2. oil is in a price bubble, and it will eventually pop, just like housing did.
3. inflation has nothing to do with commodity prices. the fed is not printing money. yes, the fed is giving the banks cheap money to lend. but they can't lend it because they are having issues paying off all their bad loans. also nobody is borrowing the cheap money because of economic uncertainty, job losses, falling property values.
4. wages are not going up. in an inflationary environment, there is so much money floating around, wages are shooting up. are people that do the job that you were doing 3 years ago now making 100% more? i know in most parts of the US wages are basically flat.]]> Tue, 15 Jul 2008 01:35:20 -0400 1. houses are still overvalued by historic standards and will likely keep losing value for many years.
2. oil is in a price bubble, and it will eventually pop, just like housing did.
3. inflation has nothing to do with commodity prices. the fed is not printing money. yes, the fed is giving the banks cheap money to lend. but they can't lend it because they are having issues paying off all their bad loans. also nobody is borrowing the cheap money because of economic uncertainty, job losses, falling property values.
4. wages are not going up. in an inflationary environment, there is so much money floating around, wages are shooting up. are people that do the job that you were doing 3 years ago now making 100% more? i know in most parts of the US wages are basically flat.]]> http://seekingalpha.com/article/74833-can-t-keep-home-prices-from-falling?source=feed#comment-159914 159914
seems that prices will keep falling until people can get the financing as well as afford the payments. no financing means no transactions happening, which means prices are still higher then the market will bear. This is the opposite of what happened on the way up when excessively loose financing pushed prices way up.]]> Thu, 01 May 2008 02:04:58 -0400
seems that prices will keep falling until people can get the financing as well as afford the payments. no financing means no transactions happening, which means prices are still higher then the market will bear. This is the opposite of what happened on the way up when excessively loose financing pushed prices way up.]]> http://seekingalpha.com/article/70679-how-far-will-house-prices-fall-implications-from-the-latest-wsj-survey?source=feed#comment-134995 134995 - rents should be about the same as mortgage payments
- the median income should be able to afford the median priced home (without a crazy loan product)
- CAP rate or ROI on real estate should return to historical levels

]]> Wed, 02 Apr 2008 02:34:23 -0400 - rents should be about the same as mortgage payments
- the median income should be able to afford the median priced home (without a crazy loan product)
- CAP rate or ROI on real estate should return to historical levels

]]> http://seekingalpha.com/article/69979-the-fed-is-deflating-10-reasons-why?source=feed#comment-132226 132226 Thu, 27 Mar 2008 02:43:59 -0400 http://seekingalpha.com/article/68049-the-real-issues-behind-declining-home-equity-levels?source=feed#comment-125850 125850
Wrong, the only real long-term solutions is for home prices to drop until they are back inline with incomes.

A subsidy will divert moneys from other gov't programs or need to borrowed. the former will increase unemployment the later will increase real borrowing costs.
Increasing incomes can likely only be accomplished with inflation, by further devaluing the dollar. this will further drive up prices for food, engergy, everything, for all consumers.

both miss the point that housing should be affordable for all, and not a subsidized ATM for the privilaged few that happened to jump onbourd early in the game.
]]> Thu, 13 Mar 2008 02:21:42 -0400
Wrong, the only real long-term solutions is for home prices to drop until they are back inline with incomes.

A subsidy will divert moneys from other gov't programs or need to borrowed. the former will increase unemployment the later will increase real borrowing costs.
Increasing incomes can likely only be accomplished with inflation, by further devaluing the dollar. this will further drive up prices for food, engergy, everything, for all consumers.

both miss the point that housing should be affordable for all, and not a subsidized ATM for the privilaged few that happened to jump onbourd early in the game.
]]> http://seekingalpha.com/article/65719-which-is-the-most-accurate-home-price-index?source=feed#comment-118584 118584 Mon, 25 Feb 2008 01:28:32 -0500 http://seekingalpha.com/article/57919-peter-schiff-on-the-housing-market-and-the-rescue-plan?source=feed#comment-106569 106569 Sun, 23 Dec 2007 02:01:07 -0500 http://seekingalpha.com/article/57756-no-bottom-yet-housing-permits-drop-to-14-year-lows?source=feed#comment-106259 106259
Tim is right on,
how about looking at home price to rent ratios, cap rates for rentals, home price to income ratios, the cost of materials+labor required for new construction vs asking prices, all of which are still way out of whack. Although to look at these, one might have to call himself an investor
-S]]> Thu, 20 Dec 2007 13:23:42 -0500
Tim is right on,
how about looking at home price to rent ratios, cap rates for rentals, home price to income ratios, the cost of materials+labor required for new construction vs asking prices, all of which are still way out of whack. Although to look at these, one might have to call himself an investor
-S]]>