SI
SI
discoversearch

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: Perspective who wrote (163901)11/12/2008 2:59:01 PM
From: The ReaperRead Replies (1) | Respond to of 306849
 
IYR crappin' the bed again. One of it's components cut divi by 56% and CEO resigned. Expect more of that. 860 is a magic number for S&P, we're there.



To: Perspective who wrote (163901)11/12/2008 10:43:12 PM
From: James HuttonRespond to of 306849
 
It reminds of the fact that the analysts all loved the homies' new "asset lite" business models a year or so ago (i.e., please don't pay attention to all that overpriced real estate we refuse to write down). Those models don't work if no one is buying or using the product. In other words, during a recession/depression in a service-based economy, paper pushers shouldn't sell at 25X earnings.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News