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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (60450)	8/22/2006 1:45:49 PM
From: CalculatedRisk	Read Replies (3) \| Respond to of 306849

Housing related excerpt from Chicago Fed President Moskow's speech today: chicagofed.org "Of course, there are some risks. One relates to housing. The orderly declines that we've been expecting could become more significant. Housing had been an area of strength for an extended period during this business cycle. The large increases in home values added an indirect boost to household spending growth by increasing homeowners' wealth. Some analysts say that housing is overvalued and that prices are going to decline nationwide. To be sure, we currently are seeing a good deal of softening in housing markets, and home prices are increasing at a slower rate. Looking ahead, most forecasts for GDP growth factor in slow home price appreciation and marked declines in residential investment. But it seems unlikely that prices will actually decline for the nation overall. Housing markets are local in nature. Home prices have risen only modestly in Chicago, Bloomington, and most Midwestern cities; the largest increases have occurred in cities such as Miami, Phoenix, and Las Vegas. Even if there were large price declines in some cities, there probably would be little spillover to a more general drop in prices nationwide. And even if prices did decline nationally, history suggests that the impact on consumer spending would be modest and gradual."

To: patron_anejo_por_favor who wrote (60450)	8/22/2006 1:56:29 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

They will for someone, but I doubt it will be a US-centric industry. Japanese? Korean? Chinese? More likely.... Respectfully I think you just responded with the typical bear speak. And this pov is being assumed as a foregone conclusion. I think there is ZERO CHANCE that Ion America fuel cells are produced in China for at least 10 years. There is no industry to produce these. No processes no software, nothing, and certainly sky high margins for the first phase of these.