Comments on: due for a crash? http://fotap.org/blog/2007/07/17/due-for-a-crash/ random crap for your abusement Tue, 6 Jan 2009 06:00:39 +0000 http://wordpress.org/?v=2.5.1 By: synthpunk http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-54 synthpunk Mon, 06 Aug 2007 19:32:15 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-54 http://www.liveleak.com/view?i=de8_1186355765 Kramer may be nuts, but the man is speaking the truth. http://www.liveleak.com/view?i=de8_1186355765

Kramer may be nuts, but the man is speaking the truth.

]]> By: pete http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-43 pete Wed, 01 Aug 2007 14:30:21 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-43 @brian, thanks for the update. i love barry's blog, been reading it for awhile now. the comments on his blog are always astute. there's definitely something wrt being saddled with student loan debt as well. we're paying off some of that as well right now, and its definitely a drain on things. @brian, thanks for the update. i love barry’s blog, been reading it for awhile now. the comments on his blog are always astute.

there’s definitely something wrt being saddled with student loan debt as well. we’re paying off some of that as well right now, and its definitely a drain on things.

]]> By: Brian http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-41 Brian Wed, 01 Aug 2007 09:00:11 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-41 Here's another good link. It shows year-over-year changes in the price of homes, where zero on the y axis means no growth over the year before. http://bigpicture.typepad.com/comments/2007/07/case-shiller-ho.html So it looks like home prices have finally started going down by an official measure. This measures speed, not position... in other words it's a derivative graph based on where home prices are going, not where they are, and the current trajectory of the graph means that home prices are falling at an increasing rate. So if this graph bottoms out or even starts to point upward in negative territory, that means home prices are *still falling*, just not as fast. (I hope that makes a semblance of sense to people who didn't take advanced math.) Here’s another good link. It shows year-over-year changes in the price of homes, where zero on the y axis means no growth over the year before.
http://bigpicture.typepad.com/comments/2007/07/case-shiller-ho.html

So it looks like home prices have finally started going down by an official measure. This measures speed, not position… in other words it’s a derivative graph based on where home prices are going, not where they are, and the current trajectory of the graph means that home prices are falling at an increasing rate. So if this graph bottoms out or even starts to point upward in negative territory, that means home prices are *still falling*, just not as fast. (I hope that makes a semblance of sense to people who didn’t take advanced math.)

]]> By: mike http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-17 mike Wed, 18 Jul 2007 18:27:40 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-17 this also depends on where you live. while the sub-prime lending has been an issue in other places, new york is not affected much. this also depends on where you live. while the sub-prime lending has been an issue in other places, new york is not affected much.

]]> By: cindy http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-16 cindy Wed, 18 Jul 2007 16:25:50 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-16 move to canada? but, yes, things are not at the best of times right now. move to canada?
but, yes, things are not at the best of times right now.

]]> By: Ben http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-15 Ben Wed, 18 Jul 2007 13:58:06 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-15 While most states have a higher minimum wage, a lot can be said in that the National Minimum Wage is $5.15 and has been effective since September 1997. 10 years running now the nation has showed just how much it cares for the lower/middle class. When I told this to one of my liberal yet still right-winged co-workers, she exclaimed "I don't believe it! I had no idea!"...yeah...thanks for voting buttmunch. While most states have a higher minimum wage, a lot can be said in that the National Minimum Wage is $5.15 and has been effective since September 1997. 10 years running now the nation has showed just how much it cares for the lower/middle class. When I told this to one of my liberal yet still right-winged co-workers, she exclaimed “I don’t believe it! I had no idea!”…yeah…thanks for voting buttmunch.

]]> By: Brian http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-14 Brian Wed, 18 Jul 2007 05:32:56 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-14 Some more links for ya, forgot to send these the other day: http://www.bloglines.com/public/topping : look at the 'Economic' and 'Housing Bubble' sections. More importantly: http://patrick.net/housing/crash.html When we got home the other day, I eventually bumped into the second link and gradually came back off my frenzy to buy that place. LOL!!! Some more links for ya, forgot to send these the other day:

http://www.bloglines.com/public/topping : look at the ‘Economic’ and ‘Housing Bubble’ sections.

More importantly: http://patrick.net/housing/crash.html

When we got home the other day, I eventually bumped into the second link and gradually came back off my frenzy to buy that place. LOL!!!

]]> By: rigel http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-12 rigel Wed, 18 Jul 2007 04:22:09 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-12 http://www.housingdoom.com we're in for a roller coaster over the next few years. my suggestion is rent until things stabilize a bit more. housing prices are ridiculously inflated, and it really isnt sustainable. http://www.housingdoom.com

we’re in for a roller coaster over the next few years. my suggestion is rent until things stabilize a bit more. housing prices are ridiculously inflated, and it really isnt sustainable.

]]> By: mike http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-9 mike Tue, 17 Jul 2007 18:28:20 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-9 no, i'm just saying. there are rumors suggesting that china is investing large amounts of usd into the stock market rather than buying treasuries. other people are saying that pinched shorts are being covered. another theory is that the cheap dollar attracts other foreign investment. no, i’m just saying. there are rumors suggesting that china is investing large amounts of usd into the stock market rather than buying treasuries. other people are saying that pinched shorts are being covered. another theory is that the cheap dollar attracts other foreign investment.

]]> By: trish http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-8 trish Tue, 17 Jul 2007 17:31:23 +0000 http://fotap.org/blog/2007/07/17/due-for-a-crash/#comment-8 mike: and? that's "good"? mike: and? that’s “good”?

]]>