ota

Will Housing Bottom in 2010 or 2012?

I thought for each buyer there is a seller and that cancels that as a cause of a bubble

Ota101


On Jun 27 02:37 PM samo wrote:

> Correct...boomers retiring will aggravate situation. Residential
> eal estate won't be a play for a least a decade...
>
> The end of all sequential, easy money bubbles is inflation...no more
> assets to put your cash in so you find hard assets (commodities)
> which causes prices to increase for all. Welcome to the world of
> stagflation until the excesses (cash) are driven out of the system
> via widescale devaluation of assets...

U.S. Market Setting Up for a 2nd Half Rally

I 'm not qualified to give an expert opinion but as a layperson I see a disconnect between the market and the reallity on the street. I have little faith in experts. They think that with all the homes declining in value,inflation more like 10-20%, and a war that has been a bottomless money pit of biblical proportions, we can trust a word from a Fed that throws $ to the banks but uses doublespeak and offers help to home owners that no one knows how to get.Everytime someone on TV or print say irresponsible homeowners shouldn't be helped. Yeah, the market forces are fine for the little guy to be at the mercy of but not big corporations,farms andbanks.They are in bed together so to speak.

Have We Bottomed Yet?

oops oil is actually still strong and I don't think you'll see a sustained bottom till next year.