About Bellingham Bill

Bellingham Bill

73 threads
Bellingham, WA
Followed by 0
Following 0
Ignored by 3
Ignoring 69
Ignore Bellingham Bill
In United States
Registered Apr 08, 2012

This is not my house. But it, or one like it, will be someday!

Bellingham Bill's most recent comments:

  • On 26 Aug 2014 in My first real estate bear thread (ever), Bellingham Bill said:

    scarcity of buildable land that didn't exist in 1925

    this is a biggie for me, comparing the population of any area in 1920 to now.

    is a view of West Los Angeles (South from Bel Air) 1927.

    Plus AFAIK oil was in oversupply for the first half of the 20th century.


    .17 in 1931 is $2.50 today apparently. Today's high gasoline costs is a centripetal pressure on urban areas, too.

  • On 26 Aug 2014 in The stock market is not going to crash and will soon make new highs, Bellingham Bill said:

    Saving for posterity, like GLD at $2000

  • On 24 Aug 2014 in Nearly everyone on earth is blaming the federal reserve, Bellingham Bill said:

    "Money does not create demand and creating more money will not create demand it'll reduce it because inflation will cause prices to rise."

    Only where production cannot increase to meet the new demand.

    In a 21st century push-button, automated, high-touch service economy, 19th century limitations on wealth creation really no longer apply.

    Apple will have sold ONE BILLION iOS devices by next year, maybe this year.

    We really live in a post-scarcity, Jetsons economy, we just don't know it yet, since we can't import housing or healthcare from China, yet.

    shows domestic capacity utilization is at 1970s recessionary levels, 5 years into the so-called recovery.

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