Search results

  1. L

    Two Factors In Buying a House

    single family homes or industrial, it's same. i've seen old neighborhoods bought out for land in past decade, they just sit on it. then when the markets come, they're repaired, upgraded or torn down for new construction. my real estate buddy showed me a sale few years ago of a 2 bedroom 1200...
  2. L

    Two Factors In Buying a House

    redevelopment co's. when they see a run down industrial or office park, they're thinking how can we demolish this one day and make it into miles and miles of cloned mini mansions to sell to the public. they'll hold on to that land for decades if need be. (edit) unlike the stock market...
  3. L

    Two Factors In Buying a House

    they set up legions of real estate holding co's..
  4. L

    Two Factors In Buying a House

    following up, re: rates, the 10 year spiked from 1998 to 2000 as the nasdaq went from 1500 to 5000. homebuilder centex (CTX), lost >50% of it's value during that period. rotation of assets.
  5. L

    Two Factors In Buying a House

    banks offer incentives to low income folks because if they foreclose, the unit itself is still marketable, unlike stocks which can lose significant value or become essentially worthless. these units can be be altered for rentals which continue to generate cash income.. it is a low risk...
  6. L

    Two Factors In Buying a House

    one scenario is that if the 30 year fixed goes from 5.5% to 8%, many things will have happened. what would it take for the long yield in treasuries to have shot up so that mortgage rates would climb. an 8% mortgage rate could be correlated with an economic boon, where bond prices pop and...
  7. L

    You guys who do VOLUME, why so much?

    read about stevie cohen. huge commissions, huge profits.
  8. L

    You guys who do VOLUME, why so much?

    i know quite a few guys who did that in the world of daytrading and made 7 figures take home.
  9. L

    You guys who do VOLUME, why so much?

    200k on 100 share lot? he would need to make 2000 points a year. he'd also need to average 8 points a day and be right everyday. if he's so good, he should size up and make 10 times more.
  10. L

    NewYork Real Estate - Two 111-storey offices for Manhattan

    what's the sharpe ratio on a guy who trades on ego.
  11. L

    Stocks Climb on Benign Inflation Data (BENIGN???)

    whenever you buy something look at the box. three words. "made in china" dirtcheap goods.
  12. L

    Real Estate: Fundamentals

    most people will continue to pay off their mortgages even when their home prices go lower. their monthly payments don't change if they've got a fixed mortgage which the vast majority have. ARM's and interest only's are still minority but seem to be clumped in certain geography like florida...
  13. L

    Real Estate: Fundamentals

    30 year rates historical
  14. L

    Real Estate: Fundamentals

    median new single family home prices 1963-1997
  15. L

    Real Estate: Fundamentals

    maybe the media overplays U.S. consumer debt and downplays the true combined assets of the american people, like all those baby boomers buying retirement homes with CASH in nyc while they cockblock gen x'ers who just hope for a bubble. dunno, seems like the geography with lots of ARMs and...
  16. L

    Most boring NFP day I've seen :(

    i was wondering if there was some kind of rule or law that prohibits the government from buying stock futures? what about the squeeze protection team last bear market. are they the same folks, just reverse?
  17. L

    NYSE Traders

    revisitng this thread, you are right. goldman owns 15.6% of ARCA shares. they also act as advisor to both arca and nyse on merger deal. nyse ceo thain, ex-goldman sachs. goldman bot slk, specialist firm makes markets on the nyse. looks like GS is getting what they want, control of the...
  18. L

    add to a losing positon

    well it depends if your position is right or not and how deep one's pockets are. right or wrong depends on timeframe. jim rogers was short the homebuilders as it continued to make 52 week highs and recently reiterated his bearish outlook. he claims to be a bad trader, that his entry points...
  19. L

    Black Monday ??

    putting things in perspective. one of the best trading months for me was in july and october 2002. putting black monday aside for a moment, look how this particular selloff compares to those two months...
  20. L

    Real Estate will not meet the same fate as Tech.

    hard to generalize housing nationwide. some places more vulnerable. depends on geography. near nyc, it would take more than half of the existing homeowners to dump their homes on the market at the same time to recreate a nasdaq bubble style sell off. and if they did, rental prices would...
Back
Top