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: GraceZ who wrote (48705)	1/4/2006 12:42:45 AM
From: John Vosilla	Read Replies (1) of 110194

Grace we are in a new world order. Never have people used their homes as an ATM so they can consume beyond their means. Up until the last few years common protocol was to pay off your mortgage and hold a mortgage burning party once it was paid off. Now we have negative savings this year for the first time since 1933. What the end game will be is still unknown. IMHO stagflation seems much more likely these days than the deflation/depression scenario so leveraged income producing RE below replacement costs at today's interest rates in the right places still dirt cheap could be the biggest home run of all trumping even the junior gold miners.. Capital always seems to flow to residential property in spurts then construction and remodeling seems to go dormant for a decade or more. Now capital will flow to other areas of pressing needs that will generate a much better ROE next cycle. From railroads to highways to inner city infrastructure to hospitals to refineries the list is endless. When everybody is in you want to be out<g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next