tag:blogger.com,1999:blog-31427364.post1250262651093100014..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: A Meaty Readmohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-31427364.post-37193574816869653322009-10-06T11:48:55.809-07:002009-10-06T11:48:55.809-07:00At least there might be some semblance of intellig...At least there might be some semblance of intelligence:<br /><br />http://tinyurl.com/y96phxm<br /><br />I still don't get the promise of low rates for a year. Weren't they trying to juice the housing market? Now they think they juiced it too much? Kind of confusing.<br /><br />Also what happens if housing and the dollar continue to rise. What do you do to rate then huh? Kinda like a rock and a hard place.<br /><br />Interesting times indeed.AndrewJhttps://www.blogger.com/profile/04813082701244060724noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-1552300189886479872009-10-06T11:43:44.885-07:002009-10-06T11:43:44.885-07:00Lemmings or geniuses. Can't tell right now:
...Lemmings or geniuses. Can't tell right now:<br /><br />http://tinyurl.com/yage94qAndrewJhttps://www.blogger.com/profile/04813082701244060724noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-60224464480945117552009-10-04T12:18:57.288-07:002009-10-04T12:18:57.288-07:00"You are right in that there clearly must be ...<i>"You are right in that there clearly must be some sources other than paychecks(local). Foreign cash is one such source."</i><br /><br />I don't know about that but the comment was on how people were "building equity" by paying off debt. These foreign sources would already have had equity before buying property. There's little additional equity on which to "build".<br /><br />A large proportion of funds for property investment funds come from outside the province, either in the form of foreign savings or debt issuance. Sometimes people forget where borrowed money comes from.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-64597912503427164572009-10-04T09:29:37.959-07:002009-10-04T09:29:37.959-07:00"Banks build equity too, through interest pay..."Banks build equity too, through interest payments on debts. Seems like more than one entity is building equity but there's still only one paycheque at the source."<br /><br /> You are right in that there clearly must be some sources other than paychecks(local). Foreign cash is one such source.Unknownhttps://www.blogger.com/profile/00047861637985975268noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-33217878476182149262009-10-03T08:39:52.460-07:002009-10-03T08:39:52.460-07:00Banks build equity too, through interest payments ...Banks build equity too, through interest payments on debts. Seems like more than one entity is building equity but there's still only one paycheque at the source.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-52302048206590793602009-10-02T12:12:12.893-07:002009-10-02T12:12:12.893-07:00RentingSucks:
I have always wondered if people ev...RentingSucks:<br /><br />I have always wondered if people even know what building equity means. If you pay off a house, put money in the bank or buy lumps of gold you are building equity all the same. It's just in different forms.Unknownhttps://www.blogger.com/profile/16361217381016612518noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-32434077410292423692009-10-02T10:22:36.262-07:002009-10-02T10:22:36.262-07:00I guess if things slide sideways long enough infla...I guess if things slide sideways long enough inflation will take care of this. Otherwise it will be what I call a "double negative" people will have to curtail their spending and then curtail it again to start to pay back their debt. If things do slide sideways it will just be a single negative where people just have to curtail their spending. Assumming of course they stop their spending ways once house prices stop their climbing. <br /><br />I have actually had a conversation with a homeowner where I mentioned how I didn't have any debt and paid off my credit cards. They said that they used to be like that then figured what the heck we're building equity. It was just that clear to them.AndrewJhttps://www.blogger.com/profile/04813082701244060724noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-50246044980890900892009-10-02T02:03:51.409-07:002009-10-02T02:03:51.409-07:00This is really strange, prices of homes increased ...This is really strange, prices of homes increased by 52% and at the same time Household debts increased by almost 80%. I read the research paper provided in the link of this post; it was interesting research.<br /><b><a href="http://www.onlinebanksblog.com" rel="nofollow">Best bank rates</a></b>gprofessionals04https://www.blogger.com/profile/17914963171664062556noreply@blogger.com