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: oldirtybastard who wrote (91332)	10/4/2007 3:38:03 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

The other factor is that most people sink a steady stream of "capital improvement" dollars into a home. I always had a project or two going on in my house, but my wife takes it to a new level. I never imagined what a significant fraction of our budget would go into home improvements. The only way I can keep from coming unglued is the fact that at least some of that money comes back later down the road, as evidenced by the recent quick sale of our home. BC

To: oldirtybastard who wrote (91332)	10/4/2007 3:48:05 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'And construction costs would naturally come down if someone weren't trying to devalue the currency due to those involved in the overbuilding losing contracts/jobs and having to work for less or not work at all' If we were in a 1990's disinflation scenario that would be true as I think you are saying. We are far from that point today. Now that can change with fiscal discipline and tight monetary policy like the 1990's up till about 1998. We have drifted way off target the last 8-9 years as everybody here knows and with this housing mess it isn't going to change overnight to the other side for sure.. I have no doubt encouraging illegals to expand nominal GDP and housing demand is part of the grand plan. I doubt they told GWB the real reason he was suppossed to preach an open borders policy to us<g>