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The Coming Real Estate Supply/Demand Inventory Reversal
invite response
2013 Jun 22, 1:02am 27,855 views 63 comments
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David Losh
2013 Aug 25, 10:18am
In old times, david would just be the village idiot
Is that you Roberto?
You may be right, I don't see any of Robertos posts, or comments any more.
That was a good post.
not really. What is the point of making predictions about the future, if you can always back out with saying, "well i would have been right, except for manipulation!"
that is a cop out.
If you buy a stock, and it collapses, you can say, "I would have made money but for A, B, and C...."
Does that make you a good stock picker? of course not!
And yet, attacking all the people who called the correct direction for housing is ok?
Depends on the context. In the context of ZH you could as well argue that one might have read one of their early articles about the new re-inflating housing bubble and decided to participate and made some money on it while others were looking for safer long-term alternatives outside of bubble land. Just because they call it a bubble or report negatively about its consequences doesn't mean that they advise anybody to short right at this moment. With a lot of the stories they break they are the first in reporting and long term they have been mostly correct about the direction of politics and the economy.
smaulgld
2013 Nov 14, 9:37am
Compare Smaulgld June 15 written when the housing "recovery" was in full swing:
"While more homes come on the market, higher interest rates may deter buyers creating a reversal from shortage to glut."
http://smaulgld.com/the-coming-supplydemand-real-estate-inventory-reversal/
LA Times November 14 Home Prices Flat for 4 Months:
"several factors have helped ease price pressure, including rising mortgage rates, a pull-back by investors and an expanding supply of homes for sale."
http://www.latimes.com/business/realestate/la-fi-home-prices-20131113,0,3942564.story#axzz2kfo136QL
Geez, the gold bug giving real estate advice.
What's next, the pedo giving bicycle lessons?
smaulgld
2013 Nov 14, 4:54pm
Geez, the gold bug giving real estate advice.
What's next, the pedo giving bicycle lessons?
Not giving real estate or any advice-making market observations
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This was written last week. Looks like demand may drop soon with rising interest rates due to the threat of the Fed's tapering.
Or we may get a final rush to buy before rates go higher(and lots of inventory coming on line to sell before the drop in prices)
Take a look and provide comments
http://smaulgld.com/the-coming-supplydemand-real-estate-inventory-reversal/
#housing