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: saveslivesbyday who wrote (133491)7/13/2008 10:59:55 AM
From: RockyBalboaRead Replies (1) of 306849
 
I try to figure out whether it has some merit. For an obstinate bear, a mammouth task.

Now add another twist which could jump start house buying:
Former Indymac savers (and others having money with a bank) will think twice before putting the money there again:
I take the money back from my savings account...banks are not safe so I better buy a tangible asset. Gold is expensive, houses are "dirt cheap" a home or something...

Perhaps bank failures ignite a change in psychology: "The bank can´t handle it...I can do better!"

Then, Bernanke could waver at the wheel and cut the rates once more to get money moving around.

What do you think?
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