SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (40996)9/6/2001 4:57:35 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
great quote on Housing (best I remember):
"the bubble in real estate will be supported by the Federal Reserve as long as required, to bridge the gap in lost wealth, until the industrial sector is rehabilitated"

housing rise below inflation and follows wages???

I dont think so in most major metro areas
in suburban Boston up 100% in 7 years
inflation is up maybe 25-30%

wages are up maybe 20%

I see property has risen at least three times the economic rates

yes, it is strong
yes, low rates have supported it
but employment and disposable income are important as hell
nobody seems to talk about "willingness to pay up"
/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News