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: booyaka who wrote (56824)	3/25/2006 2:40:33 PM
From: russwinter	Read Replies (2) \| Respond to of 110194

loath to sell it for any less than $X. > I'm sure there is some of that, but people move and change locations for a variety of reasons, and some people have to sell and they will set the comps even if others fantasize. Then the appraisals will come in lower leading to a whole new feedback loop. We may also start getting to a point soon when the mortgage holder makes them sell. csmonitor.com As for "investors", sitting on an empty house in a declining market with a negative cash flow of 8% a year, is a far worse proposition than just cutting the price a solid 5% or more if necessary and unloading. Delaying that decision will be costly. thehousingbubbleblog.com