tag:blogger.com,1999:blog-31427364.post6708945581667113150..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: An Argument for Permanently Higher Pricesmohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-31427364.post-78915227746916942512010-01-14T23:13:40.782-08:002010-01-14T23:13:40.782-08:00That's what I like! A tight upper lip.
BTW, h...That's what I like! A tight upper lip.<br /><br />BTW, have's a thread about renters by CMHC.<br /><br />http://www.realestatetalks.com/viewtopic.php?f=8&t=39201JimTanhttps://www.blogger.com/profile/13480972517925246528noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-77170052723971469242010-01-14T09:42:49.634-08:002010-01-14T09:42:49.634-08:00If prices stay this high forever I will just conti...If prices stay this high forever I will just continue to rent. I save more money renting than the equity I would be building by owning right now anyway. Even if prices rise at inflation forever it would make more sense to rent rigth now even at the current ultra low interest rates.Unknownhttps://www.blogger.com/profile/16361217381016612518noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-37846062257834884712010-01-13T08:20:18.110-08:002010-01-13T08:20:18.110-08:00That's the paradox. Encouraging owner-occupanc...That's the paradox. Encouraging owner-occupancy reduces the quality of the pool of renters, which increases the risk of being a landlord, which means a rational landlord will be willing to pay less to buy a property for a given rent. And the landlords are the marginal buyers.<br /><br />Now of course I'm not assuming all landlords are rational, IMHO none are at current valuations. But survival of the fittest eventually wins out.patriotzhttps://www.blogger.com/profile/11154064267408955762noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-59251741247166226662010-01-10T20:39:47.364-08:002010-01-10T20:39:47.364-08:00Higher ownership rates implies more affluent rente...Higher ownership rates implies more affluent renters have become owners. So the renter pool is, if anything, lower quality than a few years back.Pandahttps://www.blogger.com/profile/07255920606087666835noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-63234276939383380222010-01-10T16:35:21.745-08:002010-01-10T16:35:21.745-08:00Solid argument jesse.
I have been toying with wri...Solid argument jesse.<br /><br />I have been toying with writing a post such as this with a look at the bull case regarding interest rates. <br /><br />Just no time right now. Perhaps after RRSP/TFSA season rush.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-2362555249570385172010-01-10T10:40:33.563-08:002010-01-10T10:40:33.563-08:00I always felt this might be the case....
This who...I always felt this might be the case....<br /><br />This whole economic fiasco was a transferance of wealth and the financial institutions/banks/etc increased the bar for the slaves who are forever in debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31427364.post-10792802217790538932010-01-10T01:14:09.516-08:002010-01-10T01:14:09.516-08:00so true. I remember a long time ago when I had to...so true. I remember a long time ago when I had to look for tenants I typically gave 5-10% discount to people that appeared to be reliable.<br /><br />As far as relaibility of tenants dropping rental yeilds its such a small component of the cost equation vs basic maintinence and interest. Though perhaps I've missed out on some terrible tenant experiences. I think the falling rental yield has more to do with the falling bond/risk free market rates making speculation more likely with idle money.buff_butlerhttps://www.blogger.com/profile/13312280863888753900noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-40024625784079960892010-01-09T23:10:46.536-08:002010-01-09T23:10:46.536-08:00At last, a technical bull argument on this blog! P...At last, a technical bull argument on this blog! Praise be!JimTanhttps://www.blogger.com/profile/13480972517925246528noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-49977607630171371482010-01-09T21:40:33.126-08:002010-01-09T21:40:33.126-08:00What I didn't mention is, if tenants are more ...What I didn't mention is, if tenants are more reliable, the construction renovation industry makes less money. For the global economy this is a good thing (i.e. the <a href="http://freedomkeys.com/window.htm" rel="nofollow">broken window fallacy</a>). While I am sure your trashing a suite has the noblest of intentions, it would guarantee money is spent locally.<br /><br />What I also didn't mention is that higher quality tenants would demand a discount in rents. Extra marks to those who figure out how that affects my argument.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-41770977506244959832010-01-09T21:16:07.560-08:002010-01-09T21:16:07.560-08:00Oh. Very interesting.
So what you're saying i...Oh. Very interesting.<br /><br />So what you're saying is, in order to pop this bubble, all us renters should trash our suites and then midnight move? <br /><br />Hee.<br /><br />Actually, thanks very much for providing a bull argument that actually has some thought to it.Arwenhttps://www.blogger.com/profile/08558928485894882320noreply@blogger.com