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    housing crash

    Rents and occupancy may stay low for YEARS!!! There may be no "bounce back" or the "bottom" is near. The rental market is overall a small per cent of the housing stock. Most people want to live in a place they own if they can afford it. Homebuilders may develop at the current pace...
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    housing crash

    The fact that apartment owners are selling is actually a very bullish sign for single family home ownership. They are loosing tenants to home ownership and they do not see an end to that trend in the near or mid term future. Real estate is made up of several very distinct and different...
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    Housing Rolling Along 2

    I give up, LOL. SteveD
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    Housing Rolling Along 2

    The major FLAW in the thinking is this is not a MARKET!!!! Each and every piece of real estate in the entire US is different than any other piece of real estate. I don't know why people cannot understand that very basic simple fact There is absolutely no correlation between the Nasdaq...
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    Housing Rolling Along 2

    Before anyone jumps up and screams: Interest rates stayed very steady throughout the 40's, 50's, 60's, and till the mid 70's before inflation took off and they started rising to meet this new scenario caused basically by the baby boomer's coming into the home ownership market in a big way...
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    Housing Rolling Along 2

    OldTrader is correct. Please don't make the assumption that everyone in the "boonies" goes into the CBD every day. Retail will follow the rooftops. The manager of the grocery store, McDonalds, small business, real estate agents, etc all live in area and a fairly large number of people...
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    Housing Rolling Along 2

    Real estate purchases are driven by interest rates. Housing demand: Take a look around your neighborhood. How many kids going off to college this next Sept? There is the demand in about 6-8 years. Add in immigrants and there you have it. President of KB said that there are about...
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    Consistently Profitable Day Traders

    The data for Block Trading may be correct, LOL. You had to see it to believe it!!! Looked like a crap table in Vegas. Jump in and buy something THEN try to figure out which way it was going to move. Quite a show SteveD
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    Consistently Profitable Day Traders

    Observation: GOOG traded over 38,000,000 shares today. Average volume is over 11,000,000. This is a $200/share stock!! Wouldn't you think that there is the slight possibility that not all of that money moving around is from the folks here on ET, LOL. Someone with a bigger calculator...
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    Trade as Business vs. Trade Personal Account

    Questions: If I elect MTM and also hold a stock for over a year would not my capital gains be long term on that particular stock? Even if I do some daytrading, some short term swing, and some longer position trading (less than 1 yr). Also, avoiding "wash sale" issue. Doesn't the...
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    housing crash

    Just so you understand, I have never been that interested in the actual "hands-on" aspect of the building process. How many 2x4's, how much concrete, type of carpet, etc. Having been in the real estate business since 1970 in one of the most active markets in the world, I am probably the...
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    housing crash

    First of all, for the umpteenth time, real estate does not have a "margin call". The US housing market is based on long term fixed rate self liquidating mortgages. Anything other than this is a very small percentage of the whole residential mortgage market. Please distinguish between real...
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    housing crash

    In the late 70"s interest rates were something around 16% +/-. Huge over building by home builders. Prime interest rate reached 21% in 1979?? No securitization of the mortgage market. No standardized appraisals. Spotty liquidity in the mortgage market. Totally different situation now...
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    housing crash

    Most owner-occupied homes are sold for reasons such as: job loss, divorce, job transfer or desire to "move up". NOT because of some drop in "value". Think about it?? Nice home, two kids in neighborhood school, church nearby, neighbors, etc. You come one day and say "gee, honey" I heard...
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    housing crash

    It is amazing to me that so many of you simply do not understand home ownership. Please do not quote California prices. It makes you sound silly. Use Sioux City, Shreveport and Knoxville as your basis. You keep trying to compare the housing market to the Nasdaq. In the mid 80's the...
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    housing crash

    First of all, in most cases, the original lender (the Bank) sells that loan up stream to Fannie etc. Make your payments and you will never hear from them again. If you think Greenspan is not aware of the sensitive nature of the housing market and will keep rates down you are living on...
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    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    Again, we keep confusing and blending "home" ownership and single family rental property. These is two very distinct types of real estate!!!!! As someone pointed out, as rates go down the "good" tenants buy a home. You as a landlord are left with the more undesirable type of tenant in most...
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    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    I have never understood EXACTLY what Billbuild does. Please explain the type of real estate, location. time frame, etc. I see you mention 1960 in Calif.??? That is over 40 years ago!! The securization of the mortgage market has evened the highs and lows tremendously. Most new home loans...
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    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    Please state where and when all of this carnage took place in the real estate market. Me thinks you are lumping "junk property" (BB stocks) in with the stable neighborhood (Dow 30) and trying to compare the two as like kind events. I saw some reference to Sec. 8??? That is low rent...
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    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    Buyers are all around. Just a matter of price. Inflation basically good for real estate. It will ebb and flow but always there. Don't see how anyone can project out 10-20 years on commodities???? Maybe 1 or 2 years. Not aware of any smart people projecting oil at over $50 bbl 18 months...
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