Dave the Brave

2 Comments

Harley-Davidson: Recession-Friendly Domestic Investment [view article]
Forget the stock prices and the misguided thought processes for a moment – look at the parallel to the housing market situation (crash). Swap the word HOG for house and you'll understand. You have an over priced product - financed with questionable equity. Anyone who mortgaged an overpriced motorcycle - through a questionable (shaky) home equity loan is looking to bail out. For proof look at the resale market for the newest bikes and you’ll see - the resale value on Hogs have fallen during the first year by over 40% less – depending on the model. Pick out any HD model – go get a dealer price (and they are wheeling and dealing right now) and then check the local classified, you will be shocked. Right now - if you really want to own the world’s slowest, heaviest vibrators - the best buys are in the used Harley market. Part of the lure for owning a HOG was the resale value – and like housing that has taken a dump. Apr 08 08:51 AM
Latest Case-Schiller Report Shows the Sky is Falling [view article]
Remember - the band decided to keep playing as the titanic went down. The housing market it just starting feel the effects of the numbing water. Realtors like most sales people - can and will continue to espouse an improving situations – while they are running toward the stern. Feb 28 02:56 PM

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