WaltB's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/152421/comments http://seekingalpha.com/article/130521-banks-are-unwilling-to-solve-reo-problems?source=feed#comment-461007 461007
Why should a new buyer step up in a declining market? Why join the pain? Buyers need a major incentive and that is easy financing for QUALIFIED buyers. Try 2 percent for 5 years and no or little money down. We have millions of homes that need to sell now and only an extreme measure will cause the extreme number of sales we need. (Tighter lending practices can later be adopted after we have saved the ship from sinking.)

In the Depression home prices dropped by 80 percent in many areas. We are already down 40-50 percent. Further adjustments to price to rent parity could destroy the nation. Banks need to agressively lower rates on foreclosures and refinance their current borrowers on the same basis.]]> Sun, 12 Apr 2009 21:07:49 -0400
Why should a new buyer step up in a declining market? Why join the pain? Buyers need a major incentive and that is easy financing for QUALIFIED buyers. Try 2 percent for 5 years and no or little money down. We have millions of homes that need to sell now and only an extreme measure will cause the extreme number of sales we need. (Tighter lending practices can later be adopted after we have saved the ship from sinking.)

In the Depression home prices dropped by 80 percent in many areas. We are already down 40-50 percent. Further adjustments to price to rent parity could destroy the nation. Banks need to agressively lower rates on foreclosures and refinance their current borrowers on the same basis.]]> http://seekingalpha.com/article/115199-what-s-in-store-for-2009-gold-metals-and-other-markets?source=feed#comment-359269 359269 Sun, 18 Jan 2009 16:51:57 -0500 http://seekingalpha.com/article/112793-case-shiller-index-decline-in-housing-prices-continues?source=feed#comment-343276 343276 Our leaders have addressed everything but the real problem, sinking home prices. Instead, they elect to work from the top down instead of the bottom up. The ship is sinking from the bottom. Fix mainstreet first. Wallstreet will also be fixed.]]> Thu, 01 Jan 2009 09:58:00 -0500 Our leaders have addressed everything but the real problem, sinking home prices. Instead, they elect to work from the top down instead of the bottom up. The ship is sinking from the bottom. Fix mainstreet first. Wallstreet will also be fixed.]]> http://seekingalpha.com/article/112876-10-stupid-moves-that-created-this-mess?source=feed#comment-343257 343257 Thu, 01 Jan 2009 09:38:26 -0500 http://seekingalpha.com/article/96363-are-short-sellers-to-blame-for-the-financial-crisis?source=feed#comment-259989 259989
Excessive shorting of financials could finish us all off and take down the global economy. Even the banks and brokerages that the short seller keeps his funds won’t be able to pay up.

We need to restore the uptick rule right now to insure the game stays fair. And, perhaps, we need a double uptick rule for financials.
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Excessive shorting of financials could finish us all off and take down the global economy. Even the banks and brokerages that the short seller keeps his funds won’t be able to pay up.

We need to restore the uptick rule right now to insure the game stays fair. And, perhaps, we need a double uptick rule for financials.
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