Comments on: Denial, plain and simple http://www.socalbubble.com/2007/03/denial-plain-and-simple.html Southern California is Experiencing a Real Estate Bubble like never before Fri, 04 Feb 2011 01:16:46 -0700 hourly 1 http://wordpress.org/?v=3.1 By: AJ http://www.socalbubble.com/2007/03/denial-plain-and-simple.html/comment-page-1#comment-1975 AJ Tue, 13 Mar 2007 04:53:32 +0000 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html#comment-1975 I hear you. OTOH, I have a relocation benefit that will expire in Q3,2007. Should I let it go and keep renting? Any opinions are welcome... I hear you. OTOH, I have a relocation benefit that will expire in Q3,2007. Should I let it go and keep renting? Any opinions are welcome…

]]> By: LAEF2 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html/comment-page-1#comment-1968 LAEF2 Mon, 12 Mar 2007 20:38:59 +0000 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html#comment-1968 Irvine, From everything I have read that sounds pretty reasonable except... Many major US companies are running at unsustanable debt levels <b>So a recession is likely</b> The population of the united States is near an inflection point. Population goes up with continuing immigration but immediate pressure to lower immigration levels will be evident in a recession <b>Negative population growth is likely in the next decade</b> The FED may try to inject liquidity to reinflate the bubble. Debt is not entirely exhausted at this point. <b>High inflation is likely</b> Democrats in congress will give out free money. More so if it gets them votes. Interesting to watch the different groups of liberals fighting it out (protectionists/labor/loose money/globalists/enviromentalists...) <b>Can push investment dollars all over the place</b> There is a lot of potential tinkering that could result in the next few years. All of it with bad potential results. Irvine,

From everything I have read that sounds pretty reasonable except…

Many major US companies are running at unsustanable debt levels
So a recession is likely

The population of the united States is near an inflection point. Population goes up with continuing immigration but
immediate pressure to lower immigration levels will be evident in a recession
Negative population growth is likely in the next decade

The FED may try to inject liquidity to reinflate the bubble. Debt is not entirely exhausted at this point.
High inflation is likely

Democrats in congress will give out free money. More so if it gets them votes. Interesting to watch the different groups of liberals fighting it out (protectionists/labor/loose money/globalists/enviromentalists…)
Can push investment dollars all over the place

There is a lot of potential tinkering that could result in the next few years. All of it with bad potential results.

]]> By: IrvineRenter http://www.socalbubble.com/2007/03/denial-plain-and-simple.html/comment-page-1#comment-1967 IrvineRenter Mon, 12 Mar 2007 20:19:02 +0000 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html#comment-1967 Check out this link if you want to read some serious kool-aid drinkin' denial: http://www.nctimes.com/articles/2007/03/12/blog/news/0055.txt Check out this link if you want to read some serious kool-aid drinkin’ denial:

http://www.nctimes.com/article.....s/0055.txt

]]> By: IrvineRenter http://www.socalbubble.com/2007/03/denial-plain-and-simple.html/comment-page-1#comment-1960 IrvineRenter Mon, 12 Mar 2007 00:11:54 +0000 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html#comment-1960 I have made predictions for the Irvine Housing Market. * Median sales price will decline approximately 40% from near $700,000 to near $400,000 over the next 5 years. * There will be a multi-year flattening of prices at the bottom. * Sustained appreciation will not return until 2013 or later. * Peak bubble prices will not be seen until 2027 (unless we get another bubble). I would enjoy hearing your input (link below). http://tinyurl.com/2penea http://www.irvinehousingblog.com/ I have made predictions for the Irvine Housing Market.

* Median sales price will decline approximately 40% from near $700,000 to near $400,000 over the next 5 years.
* There will be a multi-year flattening of prices at the bottom.
* Sustained appreciation will not return until 2013 or later.
* Peak bubble prices will not be seen until 2027 (unless we get another bubble).

I would enjoy hearing your input (link below).

http://tinyurl.com/2penea

http://www.irvinehousingblog.com/

]]> By: LAEF2 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html/comment-page-1#comment-1958 LAEF2 Sun, 11 Mar 2007 21:48:53 +0000 http://www.socalbubble.com/2007/03/denial-plain-and-simple.html#comment-1958 I am planing to make money on the ongoing carnage. So the larger number of fools jumping in the better. My only worries are hyper inflation by the fed or a taxpayer funded bailout. F-em if they can't work the dang math I am planing to make money on the ongoing carnage. So the larger number of fools jumping in the better. My only worries are hyper inflation by the fed or a taxpayer funded bailout.

F-em if they can’t work the dang math

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