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Is the stock market market a predictor of the real estate market?
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2011 Feb 17, 11:35pm 1,782 views 9 comments
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bubblesitter
2011 Feb 18, 12:55am
Yeah, pretty much! Money will keep flowing out of RE market for next 5-10 years and that will lift the stock market and as businesses recover and hiring goes back to normal and banks are out of their haunting it will be start of housing recovery.
Yeah, pretty much! Money will keep flowing out of RE market for next 5-10 years and that will lift the stock market and as businesses recover and hiring goes back to normal and banks are out of their haunting it will be start of housing recovery.
Absolutely, people are selling their houses in masses, live on the street just to pour the money into the stockmarket...its THAT bad!! In a few years, we will have a 50,000 Dow Jones and 100% vacant homes...home prices will go to $0.
Then, the big recovery comes...but its 200 years head of us..
sorry, I couldn't resist..:)
bubblesitter
2011 Feb 18, 4:53am
Yeah, pretty much! Money will keep flowing out of RE market for next 5-10 years and that will lift the stock market and as businesses recover and hiring goes back to normal and banks are out of their haunting it will be start of housing recovery.
Absolutely, people are selling their houses in masses, live on the street just to pour the money into the stockmarket…its THAT bad!! In a few years, we will have a 50,000 Dow Jones and 100% vacant homes…home prices will go to $0.
Then, the big recovery comes…but its 200 years head of us..
sorry, I couldn’t resist..:)
Hey, enjoy the euphoria of your newly acquired home that is going to sink in value for that period of time.
Hey, enjoy the euphoria of your newly acquired home that is going to sink in value for that period of time.
Too late! I sold it already...now all my money is in the stockmarket. Meanwhile I am back renting a 1400sqft house built in 1930's in a lousy neighborhood for what my mortgage was going to be...It's ok though, the stock market will go up and up and up, as you said...and I'll be rich anyways!! Then when houses are dirt cheap, I'll buy 10 of them. MWAHAHAHA...
It's gonna be great! Thanks for the tip!!
:)
bubblesitter
2011 Feb 18, 6:46am
Hey, enjoy the euphoria of your newly acquired home that is going to sink in value for that period of time.
Too late! I sold it already…now all my money is in the stockmarket. Meanwhile I am back renting a 1400sqft house built in 1930’s in a lousy neighborhood for what my mortgage was going to be…It’s ok though, the stock market will go up and up and up, as you said…and I’ll be rich anyways!! Then when houses are dirt cheap, I’ll buy 10 of them. MWAHAHAHA…
It’s gonna be great! Thanks for the tip!!
In that case you just gave a charity commission to the realtor :)
In that case you just gave a charity commission to the realtor
That's ok, I'll make it all up by heavy renting...think of all the money I will save...
toothfairy
2011 Feb 18, 9:51am
my strategy is play the stock market and bank the profits in cheap real estate.
it's a perfect setup.
Too late! I sold it already…now all my money is in the stockmarket.
You started this thread 9 days ago.
Is this means you told others buy a home, while you in fact were selling a home or already sold it?
Must be a joke, right?
Too late! I sold it already…now all my money is in the stockmarket.
You started this thread 9 days ago.
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Is this means you told others buy a home, while you in fact were selling a home or already sold it?
Must be a joke, right?
LOL...yes, I was just being sarcastic about bubblesitters message...
Sorry to confuse you...We love our house!! I can't imagine going back to renting....
Or are they independent of each other? The market seems like it's been in a decent bull market for the last 2 years. I know there was a lot of wealth destruction and evaporation when the RE bubble burst/deflated. I envision vast pools of liquidity sloshing around looking for return. Out of RE, into bonds, into stocks. When the stocks and commodities. Does it eventually return to RE or not in our lifetime?
#housing