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: patron_anejo_por_favor who wrote (197168)4/20/2009 7:15:03 PM
From: Les HRead Replies (2) of 306849
 
Everyone was certain that a housing bubble could be popped safely because the national median housing price had never gone down before. At least, that's what I was told back in an investment seminar in 2005 held by one of the WS firms. The Fed would safely prick the housing bubble and prop up median housing prices. The money would flow into stocks and they would go up 30% in 2 years. If anything went wrong, the Fed would save the day by cutting interest rates and rev up Ben's helicopter. Inflation and the stock market wealth effect would bail out residential housing. Looking back, they failed to consider the role of subprime lending in housing, the adverse effect of inflation on those borrowers, and the limited trickledown of the wealth effect in that sector...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News