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Investors buying REO cripple the move-up market

By golfplan18   Follow   Thu, 12 Jul 2012, 7:02am   784 views   7 comments
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http://ochousingnews.com/news/investors-buying-reo-cripple-the-move-up-market

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1. golfplan18 Follow Befriend (2) 516 threads 114 comments Irvine, CA

   1   7:05am Thu 12 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike

2. Oil Can Follow Befriend 21 threads 126 comments Oil Can's website

   2   7:05am Thu 12 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   Student loan debt, negative equity, lack of jobs and income. Yes that move up market is dead for a long time.

3. golfplan18 Follow Befriend (2) 516 threads 114 comments Irvine, CA

   3   7:07am Thu 12 Jul 2012   Share   Quote   Permalink   Like   Dislike

4. Call it Crazy Follow Befriend 228 threads 2,753 comments

   4   8:15am Thu 12 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   Oil Can says Student loan debt, negative equity, lack of jobs and income. Yes that move up market is dead for a long time. Absolutely spot on... it's not the investors...

5. Nobody Follow Befriend 10 threads 272 comments San Jose, CA

   5   10:26am Thu 12 Jul 2012   Share   Quote   Permalink   Like   Dislike   Chinese now realizing that their real estate market is no longer profitable has shifted their target to inflate the local real estate in US. Because this is concentrated in a small area like Silicon Valley or Los Angeles, the bubble is localized. And statistically, you can't see the effect on the entire market. It can be good, because Chinese is bringing their money to US. It can be bad, cause more money in the market can simply cause inflation. Then again, we have been doing that with QE. Whatever the case, it only hurts the middle class whose earnings is not tied to investment or capital gain. I am curious to see if this localized bubble is ever going to burst.

6. taketheplunge Follow Befriend (1) 18 threads 29 comments San Francisco, CA

   6   5:53pm Fri 13 Jul 2012   Share   Quote   Permalink   Like   Dislike   What an interesting chart. I wish I knew what the footnotes meant.

7. Randy H Follow Befriend (5) 44 threads 4,602 comments Los Altos, CA Premium

   7   9:21pm Fri 13 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   Not to scale. Obviously.