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  1. J

    real estate LA - banging my head against the wall

    I gave up on waiting I personally know at least 20 people or couples like tradewarrior who are thinking the same thing: "buy in a good area as soon as the market goes down" every single house i looked at in december is now sold, all 20+ of them, some didn't even remain on the market for...
  2. J

    Real Estate Nirvana: I Love You Mr. Subprime

    hmmmm in the good areas in LA (beverly hills, pacific palisades, brentwood) housing prices are UP every single quarter. Not only that, but there is very very little inventory to even look at.... how you guys all figure that one out?
  3. J

    Every other headline calling for more trouble in housing...

    way too many people who sat on the sidelines who never bought are waiting to buy now foreigners are buyers in the major US cities we have uber inflation to support housing prices.... and last but not least, excessive housing market pessimism maybe not a bottom here, but i dont...
  4. J

    Shanghai 4 mins into open

    i swear this chinese web page is hilarious up bars are RED down bars are GREEN haha
  5. J

    Shanghai 4 mins into open

    that would mean i would have to put in more effort cut and paste ok here we go 20 mins market down 2.5% yes -2.5% negative lol
  6. J

    Shanghai 4 mins into open

    woops like their PPT ran out of money lol this may be a good time to use some of that $1 trillion FX reserves lol almost 15 mins in Prev. Close 7790.82 Open 7597.69 Last 7714.01 Change 76.81 Change(%) 0.99 High 7854.03 Low 7597.69 Volume(100) 8706384 Amount(10,000)...
  7. J

    Shanghai 4 mins into open

    Prev. Close 7790.82 Open 7597.69 Last 7832.57 Change 41.75 Change(%) 0.54 High 7836.22 Low 7597.69 Volume(100) 4064363 Amount(10,000) 275024.18
  8. J

    what is the single best way to protect home value?

    funny thing is that pretty much everyone on elitetrader is sure that housing will crash in a massive way but i bet not even 1% is willing to go large on shorting housing futures and put their money where their mouth is its just kind of become in fashion to say housing must die and blog...
  9. J

    what is the single best way to protect home value?

    aside from selling the house, praying, sacrificing virgins, putting gold bars under every floorboard, or teleporting it to a more expensive neighborhood / city? but lets say hypothetically you bought a 1 million dollar house, what is the best method / trade in everyones opinion to protect the...
  10. J

    Imploding Lenders

    the housing bubble theory is just not true its not a housing bubble - its massive liquidity being injected into the markets by all central banks the current housing market is the result of inflation.... thats why over the next 10 years the housing market will go WAY higher. people...
  11. J

    Housing Rolling Along 2

    dang what is up with this market? I thought the subprimes were supposed to implode by now and restore some balance to the market especially here in CA although prices here in the good areas are not falling at all it seems, i did notice one ominious trend if you take a look in one of the...
  12. J

    Finding crude bottom

    when oil was back to 63 i was thinking it was going to go much lower to at least 50/48 if we get a recession starting sometime in 2007 my guess is 40 but i think we see 50 no matter what
  13. J

    Finding crude bottom

    i filled up this morning exxon mobil station, self service, premium 3.05 a gallon yip (west los angeles)
  14. J

    A sense the housing market has bottomed.

    I know the definition of stagflation: worthless trinkets go down in price (lcd tvs, ipods etc etc) while stuff you need goes up (health care, food, gas), hehe BTW home prices have plunged? in the good areas in los angeles prices are UP, and rents are WAY UP.....
  15. J

    A sense the housing market has bottomed.

    uhhhh let me see the bmw 330i I bought 16 months ago has been replaced by the 335i which costs 15% more in 16 months my health insurance has gone up 250% in 6 years (and I have never claimed a single thing and the benefits are the same) my sisters college fees go up close to 15% per...
  16. J

    A sense the housing market has bottomed.

    if you pick the good areas right now, a nice 3 bedroom 700k condo will rent out for $4k per month shitty 2 bed house in good area that costs 800k will rent out for $4500
  17. J

    A sense the housing market has bottomed.

    hey question for all, lets say i believed all yours hypothesis of massive crash what are the laws regarding getting a 10 year interest only no money down mortgage in california? lets say 10 years down the line a condo i bought had lost 50% of its value... can i just hand the keys in to...
  18. J

    A sense the housing market has bottomed.

    i admit all you guys could be right, but if there is such a glut of stuff on the market, how do you all explain rents going through the roof?
  19. J

    A sense the housing market has bottomed.

    last downturn didnt have massive inflation, nor global economy with global marketplace nor did it have weak dollar..... I used to agree with the housing complete blowout idea, now i dont anymore... you just have to look at what rents have done in Los Angeles to understand that the...
  20. J

    A sense the housing market has bottomed.

    go look at what happened to housing prices during times of high inflation, like the 1970s and no, I mean housing prices up 10 to 15% per annum from 2010 ONWARDS so by say 2020 yea, that 1 million dollar house now will be worth 3 million prolly
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