The Residential Real Estate Crash Index

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

Previous 10 Next 10

To: CalculatedRisk who wrote (28360)	3/19/2005 10:52:26 AM
From: John Vosilla	of 306842

Interesting stuff. Appears the number of months of inventory of new homes is still very low and you start to get the dangerous signs once you get near 6 months if you use the late 80's historical track. But this time the huge number of investors and speculators could make these stats appear to be much better than they really are and I bet the numbers are more concentrated in the high growth sunbelt markets than last time. Markets much more vulnerable this time (that can throw off national stats) to oversupply such as Phoenix, Vegas, Dallas, Atlanta, Houston, Tampa and Orlando. Also noticed last time new home sales topped out in 1986 and didn't really fall of the cliff until 1990.

Share	KeepReply Mark as Last Read Read Replies (2)

To: Tradelite who wrote (28365)	3/19/2005 11:04:42 AM
From: John Vosilla	of 306842

On a national level it would give us the true strength of the housing market and the balance between buyers and sellers. As our economy is more dependent on housing than ever it could be as big a leading indicator of a coming recession as the steepness of the yield curve. On a local level the best places to invest for maximum returns are those with high population growth, low prices relative to incomes and inventory levels beginning to decline after a period of oversupply.

Share	KeepReply Mark as Last Read

To: Amy J who wrote (28358)	3/19/2005 11:17:09 AM
From: John Vosilla	of 306842

Greenspan has the system hooked on real estate. What has the real estate industry ever invented? It is supposed to be a benefactor of a higher standard of living. Instead this new ownership society makes it the creator. How many talented rocket scientists or engineers are going to be working in India or at Home Depot instead of using their talents to be at the forefront of the next generation of innovators in this country? I'm sure Mish will figure out what we were saying after a good night's sleep. He's a smart guy.

Share	KeepReply Mark as Last Read

To: Doughboy who wrote (28354)	3/19/2005 11:39:56 AM
From: deeno	of 306842

depends on how rich you are. If you have to pay inheritance tax (assuming there is still one after 2010) your taxed @ starting rate of 55% (after your exclusion) Death and 55% rate is high penalty for a step up

Share	KeepReply Mark as Last Read

To: mishedlo who wrote (28361)	3/19/2005 11:48:35 AM
From: 10K a day	of 306842

LOL

Share	KeepReply Mark as Last Read

To: MoneyPenny who wrote (28367)	3/19/2005 11:52:54 AM
From: 10K a day	of 306842

if a person has 30 properties. and they are getting another loan on a pre fab rental. would they be considered some kind of institutional speculator??? i was just wondering...

Share	KeepReply Mark as Last Read

To: Wyätt Gwyön who wrote (28363)	3/19/2005 12:00:14 PM
From: 10K a day	of 306842

>The Bush administration cheered the creation of 229,000 private sector jobs (which still leaves Bush with a net private sector job loss during his reign). However, once we look at the details, the joy vanishes: 174,000 of the jobs, or 76% of the total, are in nontradable services. i wonder how many of those jobs are totally related to housing low interest rates et. al. I think the eventual karma on the system is going to be very harsh. Gas going up. Housing going up. The price of a tomato is way up. Help desk jobs going over seas. Bush and Co just keep laundering the FED printing press on the military. Send the money over seas. It's all a joke. Not to worry. WE CAN PRINT MORE. I don't really care about Wall Street gaming SS. I don't really care about supporting big insurance or big drug co's.... Bush Henchmen & Co can burn in hell as far as i'm concerned.

Share	KeepReply Mark as Last Read

To: Les H who wrote (28236)	3/19/2005 1:00:00 PM
From: Les H	of 306842

Congressional Tax Committee Takes Up Home Equity Loans By Kenneth R. Harney Saturday, March 19, 2005; Page F01 The hottest consumer-financing concepts in America -- home equity loans and credit lines -- have entered the sights of a key congressional committee. The staff of the influential Joint Committee on Taxation, which advises both the House and Senate on tax policy issues, has proposed eliminating interest deductions for all second mortgages and credit lines. The proposal is included in a wide-ranging "options" paper that identifies revenue-raising measures to stem the federal budget deficit, simplify the tax code and "improve tax compliance." The staff paper also proposes eliminating the tax-free status of income received by homeowners when they rent out their properties for less than 15 days a year. The curtailment of home equity deductions would raise an estimated $22.6 billion in federal taxes between 2005 and 2009, according to the committee staff. The home rental proposal would raise far less, an estimated $100 million. Both proposals are potentially highly controversial and may never make it into legislation. The home equity plan in particular takes aim at popular products. Home equity lines and second mortgages accounted for nearly $400 billion in new loan business for banks during the fourth quarter of 2004 -- up from $285 billion during the corresponding period the year before, according to the Federal Deposit Insurance Corp. At thrift institutions, home equity lending increased 62.5 percent in 2004, to $79.3 billion, according to the federal Office of Thrift Supervision. continued at link. washingtonpost.com

Share	KeepReply Mark as Last Read Read Replies (4)

To: Wyätt Gwyön who wrote (28362)	3/19/2005 1:18:06 PM
From: bentway	of 306842

What do other countries do to prevent this from happening to them? Is every country on earth having their jobs sucked to China and India? If not, why not? When things are becoming this grave, dare I suggest government mandated "protectionism"?

Share	KeepReply Mark as Last Read Read Replies (1)

To: Wyätt Gwyön who wrote (28362)	3/19/2005 1:23:09 PM
From: John Chen	of 306842

Darfot,re:"increasing career frustrations of college educated". Bush's solutons: 1. go back to cummunity college to be re-educated. 2. join the 'crusade' (a word used only once by Bush and since then disappeared in USA's media) and conquer the world. 3. flip houses. 4. flip stocks. (flip news)

Share	KeepReply Mark as Last Read