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 : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Citron who wrote (45839)12/16/2005 8:50:57 PM
From: John VosillaRead Replies (2) of 306849
 
<Mr. Gieber doubts the housing slowdown will be as bad as Wall Street expects and believes some publicly traded homebuilders will even thrive, making their current low valuations a good buying opportunity.>

Where was he in 2000 when anything real estate related was dirt cheap? Perhaps analyzing dotbombs<g>

<The other thing people fail to appreciate is the changing nature of the balance sheets of home builders. The last time there was a significant downturn in housing -- 1993 and 1994 -- home builders were a different breed. A lot of builders then bought land outright and built homes "on spec." That led to greater swings in the industry. That has diminished>

total bullshit<g>..... today the new age terms that explain the nonsense are no money down, option ARM, flipping contracts, preconstruction cocktail parties, cash out refis and 20% appreciation forever even if no one can really afford the property outright.. If anyone had told me five years ago this would be what real estate would become today I'd have thought they were completely nuts.. Yeah and I guess the builders putting up new product on land they paid 20 times what it was worth 5 years ago are at no risk. They build till they go bankrupt... happens every time..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News