Housing Analysis

[irvinebullhousing]

Buy because you need a place to stay is not a good reason to buy. A lot of people say that, but that?s the old way of thinking. You have to to be quick on your feet and pivot.

What's the new way of thinking? Bitcoin? Crypto? Roommates?

No crypto. (Option might change later)
I previously mentioned it. Several TI members have pm about it. (I guess they want to make money)

Eyephone, don?t get high on your own supplies.

J/K

 

[eyephone]

Some people are making money off that too. Don?t hate.
Last time I checked (supplies are low)
It?s all about playing the game. (Legal game)
It?s simple economics: supply and demand

 

[irvinehomeowner]

Buy because you need a place to stay is not a good reason to buy. A lot of people say that, but that?s the old way of thinking. You have to to be quick on your feet and pivot.

So have you sold your house?

Don't just say it...

 

[irvinehomeowner]

It all boils down to this: business, medical field, farming, manufacturing can rely on data to make a decision.

BUT a person buying a house can not?

They can and should.

Except... data didn't predict this time accurately and no one has explained why.

Nope. Well many people on TI said to buy when the nationwide data show weak sales.
It all comes down to this: did the housing market out perform the stock market?

That's not what was said at the start of this thread... it wasn't "Stock market will outperform housing".

It was "There is a slowdown so you should wait to buy".

Then people cited data to prove it's not seasonal saying that record low volume drops will result in lower pricing.

Except, prices are flat or barely down.

So data was not an accurate predictor here for prices.

 

[eyephone]

The stock market has out performed the housing market. From the time period: new tax law until now

 

[eyephone]

Buy because you need a place to stay is not a good reason to buy. A lot of people say that, but that?s the old way of thinking. You have to to be quick on your feet and pivot.

So have you sold your house?

Don't just say it...

I didn?t buy another one. (Almost but I vetoed it)

 

[Mety]

I believe life is much easier when you don't think too much about money.

 

[irvinehomeowner]

Buy because you need a place to stay is not a good reason to buy. A lot of people say that, but that?s the old way of thinking. You have to to be quick on your feet and pivot.

So have you sold your house?

Don't just say it...

I didn?t buy another one. (Almost but I vetoed it)

But you still own your primary... you can't pivot in case coronazombies attack.

Do you mean you were going to buy a second home, or sell your first and buy another?

If you have the equity and can move up without increasing your monthly too much but end up in a bigger/nicer/newer/better located home... why not?

 

[zubs]

Fundamentals have been out the window since 2010.  What we are seeing here is money printing.  The slowdown caused by the wuhan virus should have killed the stock market, but governments are actioning their plunge protection teams and spreading it into the economy.

Greenspan said the economy was fine in 2006....

We have to figure out if the FED can control this economy or not.  Perhaps they will lose control soon like in 2008-2009.


And if they lose control and the economy goes down, there will be even more money printing, so housing will sky rocket??...it's hard to gauge. 


Cash is trash?

 

[irvinebullhousing]

Fundamentals have been out the window since 2010.  What we are seeing here is money printing.  The slowdown caused by the wuhan virus should have killed the stock market, but governments are actioning their plunge protection teams and spreading it into the economy.

Greenspan said the economy was fine in 2006....

We have to figure out if the FED can control this economy or not.  Perhaps they will lose control soon like in 2008-2009.


And if they lose control and the economy goes down, there will be even more money printing, so housing will sky rocket??...it's hard to gauge. 


Cash is trash?

Holding some cash may give you a peace of mind and security.

The other route is open an equity line but refrain from using only for emergencies.

 

[irvinehomeowner]

Doesn't need to be altogether... just long enough a disruption to cause market fears.

So if coronavirus causes a real slowdown, who gets credit for predicting it? qwerty?

So with the effects this is having on the DOW does qwerty or myself get the eyephonemeccos award?

(requisite emoticon disclaimer)

 

[qwerty]

Doesn't need to be altogether... just long enough a disruption to cause market fears.

So if coronavirus causes a real slowdown, who gets credit for predicting it? qwerty?

So with the effects this is having on the DOW does qwerty or myself get the eyephonemeccos award?

(requisite emoticon disclaimer)

I dot think I predicted anything but I will gladly take any TI award!!

 

[eyephone]

Doesn't need to be altogether... just long enough a disruption to cause market fears.

So if coronavirus causes a real slowdown, who gets credit for predicting it? qwerty?

So with the effects this is having on the DOW does qwerty or myself get the eyephonemeccos award?

(requisite emoticon disclaimer)

I dot think I predicted anything but I will gladly take any TI award!!

Welcome to the club! You are now a certified legend.

 

[irvinebullhousing]

Fundamentals have been out the window since 2010.  What we are seeing here is money printing.  The slowdown caused by the wuhan virus should have killed the stock market, but governments are actioning their plunge protection teams and spreading it into the economy.

Greenspan said the economy was fine in 2006....

We have to figure out if the FED can control this economy or not.  Perhaps they will lose control soon like in 2008-2009.


And if they lose control and the economy goes down, there will be even more money printing, so housing will sky rocket??...it's hard to gauge. 


Cash is trash?

Here is something to think about.

Markets will start freezing up even if the Fed cuts rates,' El-Erian says

"You need a lot of cash and very little debt to navigate what's ahead, because markets will freeze up even if the Fed cuts rates, which I think it will," Mohamed El-Erian said on CNBC's "Closing Bell."

 

[eyephone]

I previously mentioned the rotation to stocks and its rotation to cash.

 

[Mety]

Fundamentals have been out the window since 2010.  What we are seeing here is money printing.  The slowdown caused by the wuhan virus should have killed the stock market, but governments are actioning their plunge protection teams and spreading it into the economy.

Greenspan said the economy was fine in 2006....

We have to figure out if the FED can control this economy or not.  Perhaps they will lose control soon like in 2008-2009.


And if they lose control and the economy goes down, there will be even more money printing, so housing will sky rocket??...it's hard to gauge. 


Cash is trash?

Here is something to think about.

Markets will start freezing up even if the Fed cuts rates,' El-Erian says

"You need a lot of cash and very little debt to navigate what's ahead, because markets will freeze up even if the Fed cuts rates, which I think it will," Mohamed El-Erian said on CNBC's "Closing Bell."

That's what Mr. El-Erian thinks. Not necessarily it must be true.

 

[Mety]

I previously mentioned the rotation to stocks and its rotation to cash.

What if your cash can't be used because masks, meats and water bottles might be out of stock because of this coronavirus? Wait, so it's actually having us consume more and quicker thus the economy might end up doing even better? Another housing peak coming soon?

 

[irvinebullhousing]

Fundamentals have been out the window since 2010.  What we are seeing here is money printing.  The slowdown caused by the wuhan virus should have killed the stock market, but governments are actioning their plunge protection teams and spreading it into the economy.

Greenspan said the economy was fine in 2006....

We have to figure out if the FED can control this economy or not.  Perhaps they will lose control soon like in 2008-2009.


And if they lose control and the economy goes down, there will be even more money printing, so housing will sky rocket??...it's hard to gauge. 


Cash is trash?

Here is something to think about.

Markets will start freezing up even if the Fed cuts rates,' El-Erian says

"You need a lot of cash and very little debt to navigate what's ahead, because markets will freeze up even if the Fed cuts rates, which I think it will," Mohamed El-Erian said on CNBC's "Closing Bell."

That's what Mr. El-Erian thinks. Not necessarily it must be true.

Cash and lots of cash and remember the scene from The Matrix Guns, lots of guns.

 

[Mety]

Fundamentals have been out the window since 2010.  What we are seeing here is money printing.  The slowdown caused by the wuhan virus should have killed the stock market, but governments are actioning their plunge protection teams and spreading it into the economy.

Greenspan said the economy was fine in 2006....

We have to figure out if the FED can control this economy or not.  Perhaps they will lose control soon like in 2008-2009.


And if they lose control and the economy goes down, there will be even more money printing, so housing will sky rocket??...it's hard to gauge. 


Cash is trash?

Here is something to think about.

Markets will start freezing up even if the Fed cuts rates,' El-Erian says

"You need a lot of cash and very little debt to navigate what's ahead, because markets will freeze up even if the Fed cuts rates, which I think it will," Mohamed El-Erian said on CNBC's "Closing Bell."

That's what Mr. El-Erian thinks. Not necessarily it must be true.

Cash and lots of cash and remember the scene from The Matrix Guns, lots of guns.

Wasn't that The Terminator?

 

[irvinebullhousing]

The Matrix
https://youtu.be/j_urZ5KDPec