The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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 : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: russwinter who wrote (251)	7/22/2003 11:22:08 AM
From: Ramsey Su	Read Replies (1) of 110194

What is a hard asset? Real estate, for the vast majority, is nothing but a home, a roof over their heads, a lawn to waste weekends on and an address for junk mail. Aside from a periodic opportunity to take out an equity loan for some play things, it has little or no liquid investment value. While it is possible for an investor to move from equities to bonds or gold, it is not likely that a real estate "investor", aka homeowner, will move from real estate to equities. Where are they going to sleep? I think if the rate stays here or move up, the refi cycle is dead and the economy can no longer count on this consumer spending for support. As for real estate, then we need to look at employment to see if it will cool off purchase activity. Once again, tomorrow's MBAA relase should be most interesting to follow.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next