Spleng's Discussions

And these are just from today:http://tinyurl.com/2wffafhttp://tinyurl.com/2ruuzehttp://tinyurl.com/2qk57tReading is a pretty useful skill Kary. Go for it.

"There was what I would call a credit crunch for maybe two weeks,..."Phew, thanks Kary! I was getting pretty worried there. All clear everybody!http://tinyurl.com/2bbf3fhttp://tinyurl.com/3avlh7http://tinyurl.com/249hyo

Gahhh, Randy_H has been possessed by the spirit of Krismer.I think the only way to get him to snap out of it is if someone says something even more stupid then "What credit crunch?"This is not going to be easy. Maybe Mitt Alpine, Skydiver or Gunner can help please???

"Real estate values tend to double in 10 year cycles."Also don't forget:"They're not making any more land.""Buy now or you'll be priced out forever.""It only goes up!."

It feels very "Amsterdam 1736" when looking at US housing prices today.

"My spending poswer has not been affected by the lower dollar."*Ding Ding Ding*Not quite able to surmount "What credit crunch?" and win the coveted "Stupidest Thing Posted On These Boards" award but a worthy try!I think if you can shorten it a little and add some alliteration you will be there. Thanks for playing.

The number of US Realtors in 2012 will have declined from their bubble highs by:1. 50%2. 75%3. 90%4. 99%Here is a graph showing where we are today and where we have been:http://tinyurl.com/3yorao

I do not post doom and gloom. I post of a wonderful new world in the future where, when people once again actually want to buy houses, they will be able to do so at prices and loan terms which do not drive them into debt slavery.These will be prices around 3 times local incomes up to 5 times for the nicest houses in the nicest places. Loans will be normal fixed term for 15 - 30 years. You will need to save for a down payment though, 20% most likely, as banks will have gone through some tough relearning of risk.Until these prices are reached do not buy, we will get there.

Cliff Jordan a real estate agent for 6 years is about to get an education regarding the other kind of real estate market.

"Spleng, I don't think that graph is current." Yes it ends in 2006, but I couldn't find a more current graphic. If anyone has one, or perhaps just the data for 2007 please post, thanks.