Mish's Global Economic Trend Analysis 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 : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: regli who wrote (55300)	8/24/2006 4:46:33 PM
From: valueminded	Read Replies (5) of 116555

Regli: People have always offered incentives. This is no different. What are comparable houses selling for - is the guy being greedy, did he buy at the peak, well if he did, he will lose money. I would consider 10% yoy and 20% in total (maybe 2x that amount in bubble areas) a hard landing - I just haven't seen it. While peddling the "real estate crash", (which I dont buy, but it could happen) tell me, what is the total loss of $$ in real estate so far compared to the loss in $$ of the stock market from its peak to its nadir in (2003?) Or asked another way, what would the average decline have to be in residential real estate for the $$ loss to be equivalent to the $$ loss in the stock market in that time period.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next