Comments on: The Truth — ‘They’ Don’t Have A Clue When This Correction Will End

by: BawldGuy

Sun, 23 Dec 2007 18:01:11 +0000

Thanks Scott — For those interested in Minnesota investment property — Scott may be your guy. I’ve read several posts on his blog, and he’s the real deal.

Check him out.

by: When will the Housing Slump End? | Minnesota Investment Property Blog

Sun, 23 Dec 2007 12:25:45 +0000

[…] If you’re new here (and you like what you read), you may want to subscribe to my RSS feed. Thanks for visiting! ScottI am often asked “When is the housing market going to turn around?” I have heard every variation of the future by “experts” over the last 12 months. BawldGuy Talking is a very intelligent and insightful blog about investment property and the housing market. He recently wrote a fantastic post not giving his opinion as much as telling us why we can’t really listen to any of the experts. Read his great post about the housing market correction here. I especially like his “Bonus Point”-look for it. […]

by: BawldGuy

Sat, 22 Dec 2007 03:31:08 +0000

Supply/Demand will work as it always does.

The wealthy will make a killing cuz they have the money from previously successful investment decisions, and they had the huevos to execute those decisions.

It will indeed be interesting to see how all this balances.

Thanks for coming by George.

by: George Baynor

Sat, 22 Dec 2007 03:21:40 +0000

Pen Up Housing Demand! Get it before you can’t afford to ever own a home!
http://globaleconomicanalysis.blogspot.com/2007/12/pent-up-housing-demand-in-pictures.html

So what happens if you increase the supply of houses way beyond the need? And then prop up the supply with debt?

So will the fed force inflation to make that 500,000 home worth less such that everyone will be earning 100,000 incomes in the lowest income brackets?

Or will the debt scheme collapse on itself because wages simply won’t keep up with inflation since we have a global over supply of labor in the work force?

It’s going to be interesting to see how this balances. Either way, I am fairly certain the wealthy will make a killing as they hold all the keys and the rest of us will likely have less buying power in our pocket while we pay for everyone’s mistakes.

by: Jeff Brown

Sat, 22 Dec 2007 00:04:21 +0000

Chris — I knew you’d come in with KC against someone. Pittsburg? Get the odds on that one!

by: Jeff Brown

Sat, 22 Dec 2007 00:02:50 +0000

Ah, don’t we fondly remember the ’80’s depreciation? Some of my clients and I even got into the 15 year schedule before Reagan compromised and moved it upward. He finally stopped the bleeding at 19 years I think.

Those were the days.

More than a correction? Just like calling the bottom, Robert, your guess is as good any.

With what Bernanke did today, (even more cash for the market) I’m not too concerned about a morphing into something different.

by: Robert Coté

Fri, 21 Dec 2007 21:38:10 +0000

What evidence is there that this is just a market correction? Could be, maybe not. What I won’t try to guess is reversion to mean or overshoot nor will I try to talk anyone into exactly what reversion to mean means.

We investors don’t need to find a bottom just an acceptable return. Much lower standard to meet. Like you I don’t much care to call a bottom except for bragging rights but if things look to be sliding past “correction” into something else that becomes an investment influencing event. I’m more pessimistic as to our chances of containing events to merely a correction. Good thing I don’t invest on emotion.

One more thing, for investment purposes those acceptable returns don’t care if you bought early or we bounce along a bottom for a while. The investment benefits are accruing those returns longer for those who buy early.

P.S. All I want for Christmas is a return of the 17.5 year DDB accelerated capital depreciation schedule of 1987.

by: Chris Lengquist

Fri, 21 Dec 2007 19:42:23 +0000

2012 WS - Kansas City v Pittsburg. Remember you heard it here first.