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 Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Johnston who wrote (78887)2/12/2007 12:16:10 PM
From: John Vosilla  Read Replies (3) of 110194
 
'it just shows you that money growth trumps everything else.'

Yes and no ramifications to long term interest rates. Grow money in double digits with huge fiscal deficits and generational lows in interest rates to boot and obviously things will be rosy.. I think severity of the housing bubble bust comes down to what happens in places like NYC, Boston, DC, SF, LA the next 12-18 months. Mish would call it deflation when a property went from $200k to $1M in eight years and now has pulled back to $850k<g> Now take that property back to say $500-550k in two more years and we have serious ramifications for the overall economy as most likely a global margin call on property from Hong Kong to London also occurs..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext