tag:blogger.com,1999:blog-9619963.post5823158793821245863..comments2023-12-08T12:50:34.303-08:00Comments on W.C. Varones: Housing: a horrible investment until we get inflationW.C. Varoneshttp://www.blogger.com/profile/17663570682958847976noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-9619963.post-54288225558448319812012-02-06T20:23:02.415-08:002012-02-06T20:23:02.415-08:00Well, I'm certainly glad all that good lovin&#...Well, I'm certainly glad all that good lovin' isn't slowing down your blogging.W.C. Varoneshttp://www.wcvarones.comnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-25287814654038724542012-02-05T09:52:57.679-08:002012-02-05T09:52:57.679-08:00W.C. the positives have turned out to be things th...W.C. the positives have turned out to be things that are hard to value. For me, hunting behind my own dog again was a big plus. Training a puppy was rewarding. I don't know what will happen over time but the thing that may have made this worth while was meeting a nice neighbor lady down the street with her own dog and her own place and sense of things... Kenny Bing's thorny, black lump of coal that passes for a heart goes piddy pat when I'm around her.... feeling a little "floaty" today if you catch my drift. In addition to the "thumpety thump" in my chest, the girl knows how to rock me. Don't know if Ben's graphs and charts know how to place a value on that or not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-59449528282773385132011-03-17T07:51:34.641-07:002011-03-17T07:51:34.641-07:00Excessive credit gets destroyed in Bankruptcy cour...Excessive credit gets destroyed in Bankruptcy court. The Bankruptcy choo-choo is getting up a head of steam and pulling out of the station. The stupidity of California mortgage lending practices are going to seem like the utter nonsense that they are for years to come.<br /><br />Your Pal<br />Casey JonesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-13763262862175348602011-03-15T18:22:11.100-07:002011-03-15T18:22:11.100-07:00I completely agree, Sarah.
Price/rent and price/i...I completely agree, Sarah.<br /><br />Price/rent and price/income are the most important factors. If you pay a reasonable price, you'll do OK.wcvnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-19967133827165267082011-03-14T14:07:03.399-07:002011-03-14T14:07:03.399-07:00Just based on the average price of homes in your n...Just based on the average price of homes in your neck of the woods, you'll be the last one to see the effects of inflation on your home just based on average incomes. But those of us in the 2-350K range are seeing values go up...especially with the surprising drop in interest rates. Thanks to all the tinkering in the market, all these trends are taking ages longer than they should. Keep the faith.SarahBhttps://www.blogger.com/profile/10201948440490000538noreply@blogger.comtag:blogger.com,1999:blog-9619963.post-26217790477554454502011-03-14T11:02:28.998-07:002011-03-14T11:02:28.998-07:00Can I securitize my own fat American ass and sell ...Can I securitize my own fat American ass and sell it to the bankers?Jr Deputy Accountanthttps://www.blogger.com/profile/12886649539758133191noreply@blogger.comtag:blogger.com,1999:blog-9619963.post-35490633267300900222011-03-13T16:58:07.630-07:002011-03-13T16:58:07.630-07:00That last sentence is the key. When housing starts...That last sentence is the key. When housing starts rising again it'll be because the bankers and chinese don't have anywhere else to put their dollars. Real estate, like stocks, doesn't do great in a currency collapse, but it does a lot better than the currency! If we ever buy it'll be to diversify out of precious metals.Shane Atwellhttps://www.blogger.com/profile/12268148003641995554noreply@blogger.comtag:blogger.com,1999:blog-9619963.post-47600492457986579952011-03-13T15:04:45.372-07:002011-03-13T15:04:45.372-07:00Also note that while inflation means lots of dolla...Also note that while inflation means lots of dollars sloshing around, you're counting on the American working class to have some of them. I don't see why they will.<br /><br />Americans are weak, fat, and dependent, their rulers corrupt.<br /><br />The only way houses will be worth anything is if the Chinese take a liking to them.Charlie McDangerhttps://www.blogger.com/profile/02804446793739355030noreply@blogger.comtag:blogger.com,1999:blog-9619963.post-16132589519761491702011-03-13T14:55:33.075-07:002011-03-13T14:55:33.075-07:00Inflation will also limit the ability of everyone ...Inflation will also limit the ability of everyone not in the ownership/ruling class to save and invest in real property.<br /><br />Two dollars more for a loaf of bread is two dollars less to prop up the housing market.<br /><br />I'm convinced that ten years from now, 250k will still buy a mansion in Vegas.Charlie McDangerhttps://www.blogger.com/profile/02804446793739355030noreply@blogger.com