BonVivant

The Reverse Ripple Theory of Metropolitan Home Price Corrections

Excellent article. It confirms what we have been seeing the Washington, DC metropolitan area. The outlying areas Dulles, Ashburn, Woodbridge and Prince George's County started to stall and drop in 2006. It has only accelerated out there. In the desirable areas of the city and within the beltway, we are seeing some softening, but there are still buyers if the property is priced correctly.

Is this the opposite of what happened during the boom years? Did prices increase first in the center and then go out? In DC, as the high prices in the center went even higher, it drove buyers out and then further out.

Global P/E Ratios: How the U.S. Stacks Up

What about the BSE (Bombay Stock Exchange)? I am curious as to how India stacks up among the major global indices? Thanks.

Homebuilding on an Uptrend?

And, just to add to what the other commentators have stated, you forgot about credit scores. The banks, in addition, to requiring more money down (e.g., 20%) will not be handing out money to anyone who asks for it (e.g., no doc loans). The banks will require folks to have FICO scores (e.g., 700+). This cuts down the number of buyers -- esp. in a recessionary environment.

Bearish Bloggers Too Optimistic!

Who are you Tony Soprano? Stalin? Overall, if you are long-term bullish on America, then I agree with you because I too believe in the long-term strengths of this country. One of which is being able to go through the current financial dislocations and come back on top. We've done it before, we'll do it again. But, that does not mean you have to shoot down the analysts who have (correctly it seems) predicted the current bearish trends.

The Credit Crunch Creeps Up on India

The headline should read: "Despite Credit Crunch in the West, India Still Expected to Grow 7%." Wow! That is some statement. Looks like India is substantially decoupled from the travails of the U.S. economy. Must be something to do with that huge internal, consumption oriented economy. And, only 4% of her economy is from exports to the U.S.