Recent content by Billbuild

Real interesting to read the posts. I'm with lescor. Please let me be the bulldozer and not the dirt. GM sure has a nice chart, for shorting.

Old Trader, why don't you get on a real estate site and forum and see how your ideas come across. You're too smart to embarass yourself. Steve D you too. Learn something. Or better yet don't. Tell them how big a 2X4 is. OT said 1-3/4 X 3-3/4. It isn't that dimension. And when someone...

A tiring thread for me. I don't just talk the talk, or invest my extra money in RE. I don't piddle around in a rental hobby. That is chicken scratch. And the rest is mostly blind people trying to understand an elephant by feel. I've made my whole life's living from RE. To read some of...

I worked with MDC for awhile in the 80s. It was a RE broker play. I was the infill builder with high end homes. MDC owned the RE company and put a little team together to generate RE sales for their staff. So I got to know the owner and his main man. They had BIG banking friends. MDC...

One analyst's view with a quote from a Fed Pres., In the 70s I remember Homebuilders just leaving sites unfinished. Houses just sat that way. When the slump was over, those houses needed extensive rework to complete and sell. It was weird to be driving down the street and see a bunch...

KC, off course you're right. It is all opinion here. I usually try to put in "IMO". What you probably haven't heard is some of the building trade talk in suppliers shops etc. No offense to you at all, the standard old joke in the trades is "they don't build them like they used to, thank...

Bloomberg is kind of a corporate shill IMO. So this is an odd piece. I'd say they are being nice and letting some of the herd escape. Whatever is coming here it comes:

Oh boy KC, just read your whole post on older homes. Did you ever here of the catalogue home of about 100 yrs ago? Sears did a lot of them. One could buy the whole package real cheap and slap it up. So many looked alike because they were. Out of the same catalogues. Not as many left now...

This is a fascinating thread. It is amazing to me how many buyers or investors are lured to buy at tops. However, these same folks, quite often, are not interested in RE when it tanks and there are bargains to be had. In fact the best time to buy is when nobody wants RE and it is a buyers...

KC, I enjoyed your post. I had to laugh about 1 part though: Quality of const. 100 yrs ago. I'm in the RE business. Maybe this observation is just for the US, but I doubt it. Our old homes have such antiquated mechanicals and lack new structural improvements. Even the brick work was...

Exactly. That is why I personally don't like the "housing crash" name. It polarizes everyone when the issue is most likely a fear of a possible slump in numbers of homes sold, induced by rising interest rates. If that fear becomes a reality, then no one really knows what will happen. The...

It has been studied recently to see what the result might be. The Northern Trust Company Economic Research Department report dated December 16, "even with a very small 39 basis point rise in mortgage rates, housing affordability in the U.S. plunged by 9%." I was interested to be told of that...

Too bad this thread is called "housing crash". I think that polarizes the issue. Is it booming or crashing? Two extremes. To me the thread name points to a general fear that speculators and some homeowners share. And I'm talking about homeowners who are fairly highly leveraged with...

Convertible, You've got to be the rudest nonentity I've ever had the displeasure of reading on a website. I'm turning you off. Man you are filled with hate. You are not capable of answering simple questions. All you seem able to do at best, is spew insults. Try putting a few...

Other asset classes and ideas. The dollar is one asset class. Other currencies. Cheap labor. Commodities. Debt leverage may be an asset class, say thru real estate purchase. I don't know the writer, but the ideas are interesting. "Many countries, resource rich and otherwise, believe...