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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (27024)	6/26/2011 3:09:37 PM
From: Jim McMannis	3 Recommendations Respond to of 119360

Everyday they keep them artificially low is another day they are stealing from the responsible saver to rescue the bankstas'.

To: Kayaker who wrote (27024)	6/26/2011 4:23:58 PM
From: posthumousone	Read Replies (1) \| Respond to of 119360

not sure interest rates will rise with this new news CHINESE PREMIER WEN TELLS BBC WILL LEND TO EUROPEAN COUNTRIES HAVING TROUBLE BORROWING All this means is that China will do everything in its power to prevent the ECB from launching an outright unsterilized monetization episode, which will double the amount of importable inflation (plunging EUR) to hit the Chinese domestic economy, and destabilize the already shaky stability, so critical for the Chinese communist party. And since the USD and the CNY are pegged, this has the added benefit of devaluaing the CNY instead even more if not against the USD, then against the CNY, which is now importing European sovereign risk and will continue to do so, until China finds itself in the same lock out as half of Europe currently.

To: Kayaker who wrote (27024)	6/26/2011 5:28:02 PM
From: Jeff Jordan	3 Recommendations Read Replies (1) \| Respond to of 119360

Well....it's bullshit usury plain and simple. Collecting interest on sin...So, If the cost of living is $1.....they are taxing you $.99 to eat and breath. "Let Freedom Ring" You can repudiate debt created as financial capital as is the case of CDS etc. That's our problem it's not really legal tender. They aren't creating industrial capital which is used to manufacture goods and create jobs in an economy...it's all usury debt created by "bankers" what's worse, it's fake "leveraged" financial capital backed by nothing and now they are getting governments to pile on debt to taxpayers and citizens of the world in exchange for their valuables...homes, taxes, jobs.....the new gold standard is no standard but greed, avarice, out right theft... Inflation is caused by excessive printing of paper....fiat money and usury is the global problem......the age old problem of usury and it's evil.....and now we have global institutions piling sin all the way to heaven.....and they think God will do nothing?....I wouldn't bank on that?<g> Their Social capital... IS Worthless LOL.....international settlement? Politicians and people simply need to enforce repudiation and the constitutionality of law.....what is needed is an international or even higher universal authority to be judge and just law giver?..Fear of God<g> 'If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you. 'Take no usury or interest from him; but fear your God, that your brother may live with you. 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37) He who does not put out his money at usury, Nor does he take a bribe against the innocent. He who does these things shall never be moved. (Psalm 15:5) One who increases his possessions by usury and extortion Gathers it for him who will pity the poor. (Proverbs 28:8) " You shall not charge interest to your brother -- interest on money or food or anything that is lent out at interest.~God "I also, with my brethren and my servants, am lending them money and grain. Please, let us stop this usury! "Restore now to them, even this day, their lands, their vineyards, their olive groves, and their houses, also a hundredth of the money and the grain, the new wine and the oil, that you have charged them." (Nehemiah 5:10,11) en.wikipedia.org en.wikipedia.org "One man with courage makes a majority"~ Andrew Jackson

To: Kayaker who wrote (27024)	7/13/2011 9:07:57 AM
From: Jim McMannis	Respond to of 119360

New warning on house prices, Canadian. moneyville.ca Home values are headed for a correction and could drop by about 12 per cent within the next two years, says the Toronto-Dominion Bank in an economic note July 11, 2011. For the second time in less than a week a Canadian bank has issued a warning about the real estate market overheating. Home values are headed for a correction and could drop by about 12 per cent within the next two years, says the Toronto-Dominion Bank in an economic note Monday. “Toronto and Vancouver are the two most vulnerable markets” said TD economist Sonya Gulati in an interview Monday. “We can expect to see some decline in the next seven to eight quarters.” The TD report comes on the heels of a report Wednesday by the Canadian Imperial Bank of Commerce that said homeowners could expect a “gradual” correction in the market over the next several years. A 12 per cent drop in the cost of an average Canadian home of $346,950 would translate into a greater than $41,000 haircut for home owners. The bank also said potential overbuilding in the high rise market meant special attention is warranted. “Toronto and Vancouver have seen a build up in new condo activity over the last two to three years” said Gulati in her note. “While concerns of overbuild are not yet pressing, these markets are in a more vulnerable position given current inventory levels, vacancy rates and overvaluation in the resale market.” Led by Ontario, Canadian housing starts rose 1.7 per cent to a greater than expected 197,400 annualized units in June over May, according to figures released by the Canada Mortgage and Housing Corporation Monday. Analysts were calling for starts in the 178,000 range. The Toronto market alone saw starts rise by 23 per cent, fuelled by growth in the single detached and highrise sectors. Highrise starts are now 57 per cent higher in the first six months of 2011 compared with last year. With major sales in the pipeline, CMHC says highrise construction will be strong for the remainder of the year. “Apartment construction will remain brisk but slower job growth, more balanced resale markets and tighter mortgage markets should temper the pace of construction activity in the months ahead,” said CMHC regional economist Ted Tsiakopoulos. Analysts say the new supply will end up competing with existing housing stock, which will dampen any price appreciation in the market. While sales are strong now, that may cool off in the future as investors re-evaluate their returns as prices have been rising faster than rents. “We expect a gradual correction in the number of new condo units going forward but the level of new units in the pipeline should be monitored,” said Gulati.