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Is the Fed trying to prick the bubble?


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2005 Oct 17, 10:05am   45,211 views  442 comments

by Peter P   ➕follow (2)   💰tip   ignore  

I suspect the Fed is behind much of the stories about reconsidering mortgage interest deduction. (If they were really serious about it, they would stop deductions on interest for second (and third…) homes. I think this is basically a made up story, trying to inject a little caution into potential homebuyers who have trouble reading the writing on the wall.

By EBR

#housing

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262   Peter P   2005 Nov 10, 3:14pm  

Oh no, we offended Peter P. Now I feel bad.

Don't worry. I am back.

263   Jamie   2005 Nov 10, 3:14pm  

Why am I talking to myself now?

264   Jamie   2005 Nov 10, 3:15pm  

Did you leave a closing huh for the huh thread?

265   Jamie   2005 Nov 10, 3:16pm  

Let's all behave. How's that housing bubble thing going?

266   Peter P   2005 Nov 10, 3:18pm  

Hi Peter, dont forget to leave a little something at the bottom of the Huh? mineshaft, ok?

I did. Should we target 2600?

267   Peter P   2005 Nov 10, 3:19pm  

I’m still sick.

Hope you feel better.

I have been sick for the past few days. Feeling much better today though. Probably not the flu then.

268   Jamie   2005 Nov 10, 3:20pm  

I have given up on even numbers. It's a slippery slope. 2600, and next thing you know we have to aim for 3000. And so on. I do think it would be funny if we eulogized Huh and then just kept right on posting for another few thou. BUT the reload is already killer. Can't take the pain anymore.

269   Jamie   2005 Nov 10, 3:20pm  

Hey, I have given up on legitimacy. It doesn't suit me very well.

270   Peter P   2005 Nov 10, 3:21pm  

I have given up on even numbers. It’s a slippery slope. 2600, and next thing you know we have to aim for 3000.

To be honest, the logical target should be 10000, no?

271   Jamie   2005 Nov 10, 3:22pm  

Sorry to hear you've been sick. I noticed you weren't around much, Peter P. Hope you're back to normal soon.

272   Jamie   2005 Nov 10, 3:23pm  

10,000?!?!?!? You are a masochist.

273   Peter P   2005 Nov 10, 3:25pm  

10,000 is logical? How long would that re-load hell be?

Technology will get us there. In a few years, we will all have fiber-optic internet connections. Huh-10000 will be possible.

No thread bubble. Threads will grow through the end of this decade!

274   Jamie   2005 Nov 10, 3:26pm  

"I will go for 3000 all by myself peter p , I am into it! "

Jack is into it all by himself. Just him and the reload time. Sick!

275   Peter P   2005 Nov 10, 3:27pm  

Sorry to hear you’ve been sick. I noticed you weren’t around much, Peter P. Hope you’re back to normal soon.

Thanks Jamie.

276   Jamie   2005 Nov 10, 3:28pm  

Peter P is still back on the Social effects thread talking about lobster or something. That's pretty funny, Peter P. Glad to see you're as dedicated to the thread as I am.

277   Peter P   2005 Nov 10, 3:28pm  

Hey, Huh-10000 sounds like the name of a marketable product. Why don't we sell something with that name?

278   Jamie   2005 Nov 10, 3:29pm  

The reload time is all about masochism. And staring at the horror of one's own inadequacies.

279   Jamie   2005 Nov 10, 3:31pm  

I'm sure we could have Huh-10000 tshirts made at cafe press or something. We could confound people. Create an underground craze. Write a blockbuster book with that title. Start an investing craze.

280   Jamie   2005 Nov 10, 3:33pm  

Watch Peter P will eventually just vanish with no explanation. I like how he appears and disappears like that. Like a magic trick, well except that I hate magic tricks, so maybe not like that.

281   Jamie   2005 Nov 10, 3:34pm  

Yeah, I saw that thing about the google quote. Wow, you went to page ten of the search listings to find that. That's dedication to Huh.

282   Jamie   2005 Nov 10, 3:36pm  

My dumb words recorded for posterity and strange people doing google searches of the word "huh." Now that's something to be proud of.

283   Jamie   2005 Nov 10, 3:38pm  

I used to get some really funny search words from people who stumbled upon my website, but last time I checked nothing strange. Sorry, I should explain, there is this website management thingy I can check to see what search terms people used to get to my website.

284   Jamie   2005 Nov 10, 3:38pm  

Wow, fate leading you to obscure Google listings!

285   Jamie   2005 Nov 10, 3:39pm  

Fate must be pretty damn bored and have nothing better to do.

286   Jamie   2005 Nov 10, 3:41pm  

So how is the writing going SQT?

(see how Peter P vanished...or is he LURKING?)

287   Peter P   2005 Nov 10, 3:42pm  

The "HUH" ticker symbol is not taken yet. Let's market something and go IPO.

HUH vs. GOOG

288   Jamie   2005 Nov 10, 3:43pm  

Hmmmm, what can we market? Hmmmm? Banality and self-obsession? Is that selling?

289   Jamie   2005 Nov 10, 3:44pm  

Hey, 2 pages is excellent when you're sick. You're a masochist too aren't you? Go get some rest! You just made your graceful transition.

290   Jamie   2005 Nov 10, 3:45pm  

Sorry you're still feeling badly, by the way.

291   Jamie   2005 Nov 10, 3:47pm  

And then he will go draw a mile-long black line to release the pain.

292   Peter P   2005 Nov 10, 3:49pm  

SQT, rest and feel better!

293   Jamie   2005 Nov 10, 3:51pm  

Get well, SQT. Good night, and thanks for the good trip wishes. I'll think of you when I"m slogging around the San Diego zoo with a two year old crying "No, I want to see the monkeys! No elephants! Monkeys! Monkeys!"

294   Jamie   2005 Nov 10, 3:53pm  

That's the plan, but early would be 7-ish. And since my daughter is a 6AM girl lately, that could actually happen for once.

295   Jamie   2005 Nov 10, 3:54pm  

You're welcome.

296   Jamie   2005 Nov 10, 3:56pm  

Probably. I also haven't packed yet, or printed directions, or figured out where the hotel is... Such a good planner I am.

297   Jamie   2005 Nov 10, 3:57pm  

Oh well head south on 15 and I'm bound to run into San Diego eventually.

298   Jamie   2005 Nov 10, 3:57pm  

A gallery walk? Like you're leading it or what?

299   Jamie   2005 Nov 10, 3:59pm  

I don't mind packing. I just throw a bunch of stuff in a bag. Then I get where I'm going and remember everything I forgot to pack. Heh.

300   Jamie   2005 Nov 10, 4:01pm  

Does SF have good art galleries? I have not visited any there, I am embarrassed to say. But I've visited almost every one in Paris... that counts for somethign right?

301   Jamie   2005 Nov 10, 4:03pm  

NO, I know all about the symmetry is less interesting thing. I still like it.

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