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Norris Group predicts 20% increase for 2013


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2012 Dec 13, 1:58am   43,733 views  103 comments

by PockyClipsNow   ➕follow (0)   💰tip   ignore  

http://www.thenorrisgroup.com/index.php?cID=714

If you never heard of these guys you are not a RE investor in CA. They are medium sized flippers/hard money lenders. They put $ where mouth is. You can even invest in notes through them so of course they are talking their book but all data indicates upward prices.

Im going with his prediction - which will vary wildly from inland ghetto to 'good schools' (racist codeword) areas.

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100   bg   2012 Dec 15, 11:33pm  

RentingForHalfTheCost says

Our economy shouldn't be so dependant on growth. Growth should be a blessing.

An economy built on growth makes me very nervous. I remember a video that was floating around about the destruction of resources on the planet. It was basically saying that we have allowed corporations and advertisers to fuel a growth based economy by glorifying self-ish, hyper-consumption. This has resulted in a criminal destruction of resources on the planet. We fuel the growth and the concentration of wealth by literally destroying the things that keep us alive.

Bellingham Bill says

That's bullshit framing.

The problem is the corporate press has controlled the debate in this country since the 1980s.

I think greed and entitlement fueled by a corporate press are like a virus.

When I say entitlement, I don't mean benefits to the poor. I mean entitlement to have and consume more. The "Baby, I deserve it!" culture is a toxin.

101   RealEstateIsBetterThanStocks   2012 Dec 18, 3:19am  

YesYNot says

He campaigned in 2012 on basically the same line. He won two elections on the same campaign idea in 2008 and 2012. Let's get on with it.

there are always a lot of "obstacles" in congress, all they do is hinder progress.

102   FNWGMOBDVZXDNW   2012 Dec 18, 4:02am  

Mark D says

there are always a lot of "obstacles" in congress, all they do is hinder progress.

True, but I am surprised the repubs are not getting the message. They lost two elections where the economy was one of the biggest issues. The other guy won both with the same message. You would think that the repubs would see the writing on the wall, and go with the flow.

103   RealEstateIsBetterThanStocks   2012 Dec 18, 4:32am  

YesYNot says

Mark D says

there are always a lot of "obstacles" in congress, all they do is hinder progress.

True, but I am surprised the repubs are not getting the message. They lost two elections where the economy was one of the biggest issues. The other guy won both with the same message. You would think that the repubs would see the writing on the wall, and go with the flow.

there are also a lot of lobbyists and dark forces working behind the scene.

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