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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (7192)	12/7/2002 5:45:47 PM
From: Les H	Read Replies (1) \| Respond to of 306849

if you look at the CPI, about two-thirds of the items are increasing. that article is being selective about what to list. housing is understated at 3-4 percent.

To: Elroy Jetson who wrote (7192)	12/7/2002 8:02:44 PM
From: posthumousone	Respond to of 306849

For those who don't believe in deflation. >> Nonesense. Where i work we import material and finished good from Europe. We got word in Dec that prices are going up due to raw material increases and labor increase.

To: Elroy Jetson who wrote (7192)	12/7/2002 11:16:53 PM
From: jt101	Read Replies (1) \| Respond to of 306849

Elroy, I enjoy your posts on this board, But I find it difficult to believe when someone talks about deflation. My personal experience is totally different. Rent, medical insurance, disability insurance, entertainment (movie, restaurant etc..), service fees (accountant, car mechanic etc...) constitute 75+% of my monthly expenses. I see my expenses going up, up, up only... The only place where I see no inflation, is apparel, some basic electronics products like DVD, that is pittance in the big picture... Also IMO, when it comes to PC etc, if you include the money stolen via options ponzi scheme, (thanks to dumb fund managers) there is no deflation at all, may be inflation is there too... I live in Fairfield county, CT. Rents are up at least 50-60% in the last five years. The only difference is, this year they are almost flat, instead of an increase of 5-15%, that too only as of today...

To: Elroy Jetson who wrote (7192)	12/7/2002 11:47:37 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

where's food on that list? I'm an economics neophyte but I am wondering something. In Japan wasn't deflation primarily a problem of lack of demand? In the US, I would say deflationary pressures stem from business efficiencies, many of which came about along with the internet and other technologies. Outsourced labor (third world countries) for customer service, and now engineering are a big deflationary force in wages. B2B purchasing is deflationary, stuff like that. Does it matter if deflation is efficiency driven instead of demand-driven? After all we've had efficiency driven deflation in technology since the beginning and in the end, I believe lowering costs actually drives demand. Anyway I agree with other posters here that enough things are going up in price to offset any deflationary pressure... I was just wondering if the source of deflation mattered. Lizzie

To: Elroy Jetson who wrote (7192)	12/8/2002 2:46:56 PM
From: JRI	Respond to of 306849

<Inflation> miami.com

To: Elroy Jetson who wrote (7192)	12/9/2002 9:35:59 AM
From: J. P.	Read Replies (2) \| Respond to of 306849

I believe there is tremendous inflation and it has all been swept into real estate. I believe this inflation was created on purpose (by the government via FNM and agressive easing) to flood the consumer markets with easy money in order to buoy the economy during a period of extreme business overcapacity and slack demand. How else would say, a teacher making 50K a year who bought a house 5 years ago, get 100K pocket money to buy furniture, refrigerator, a trip, a car? Normally it would take that individual a lifetime to save that amount from their paycheck.