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Registered Jul 29, 2011
tr6's most recent comments:
- On Wed, 1 Jul 2015, 11:13pm PDT
The 'hot' housing market is about to experience a serious cooldown,
Yea I'll believe rising rates when i see them.
US data warrants much higher rates. However, the rest of the world is struggling. The Fed may let the party continue at 0% to help the rest of the world.
- On Wed, 17 Jun 2015, 3:25pm PDT
Yellen Still Needs A Course In Residential Lending,
Logan Mohtashami says
Housing softness is all about incomes and assets, not tight lending
I don't know anyone who has complained about tight lending. For all of my friends that have not bought a house, it's an affordability issue and worry that they will lose money at these prices.
- On Wed, 3 Jun 2015, 7:28am PDT
Where am I?,
Considering the precarious condition of Chile's Western costumers, this is a real possibility but the real danger is China. 25% of Chile's exports go to China right now with the top export being copper. If China crashes hard, Chile is going to dive in right after it. They need to develop their domestic markets better and get all those millions still in poverty into the marketplace.
Does not sound like they would be better off in 2017 then US. At least we have a deeper social net system.
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