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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (29243)	3/23/2005 3:02:24 PM
From: redfish	Respond to of 110194

I agree, in S. Florida the minute flipping ceases to be profitable the downturn will begin.

To: ild who wrote (29243)	3/23/2005 3:15:08 PM
From: John Vosilla	Read Replies (3) \| Respond to of 110194

How about lack of willing and able buyers There is way too much capital chasing real estate in these bubble markets. The change from 5 years ago is astounding. If long term rates don't go up at least another 150 basis points then we need much tighter underwriting and downpayment requirements than we have now. That won't happen until loan losses skyrocket and perceptions about housing always going up change. I'll admit that Greenspan inverting the yield curve could do it but he's still 2% away without any move in the long end from that happening. Does he want to end his legacy that way?