Silicon Investor (SI) -- The First Internet Community

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: pogbull who wrote (35310)	6/23/2003 10:52:38 AM
From: TobagoJack	Respond to of 74559

Hi John, I am not guessing, estimating or projecting, but I FEAR that Greensputin and Bernankaput may actually push mortgage rate to 1% in their misguided effort to keep the bubble inflated. If so, then I suppose housing can go much higher because it would be the rational thing to do for investors, until such time rental yield settles at 2%;0) At that future feared point, the central bank would have to keep rates down in order to rescue the real estate, bond, and stock markets, as well as US folks retirement plans. At that point, the majority of US folks will be depending on social security, because no one can afford to trade their homes due to astronomical absolute tax bite. If so, the central bankers will have successfully recreated the old Brazil in USA. I had experienced negative real interest rate in Hong Kong and Philippines. I am acutely aware that matter and anti-matter behave strangely under the circumstances. There is much weirdness where we are heading toward. <<SI identity>> ... catchy. You may be able to auction it off in the future when inflation hits 500% and SI lifetime membership is worth USD 100,000 :0) Chugs, Jay