Comments on: Rate cut WILL NOT save the housing bubble http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/ Mortgage insiders view on mortgages, real estate, debt, and the housing bubble. site by SoCalMtgGuy, author of - Another F@CKED Borrower Wed, 23 Jul 2008 18:40:05 +0000 http://wordpress.org/?v=2.0.5 by: coral games online http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-588419 Sat, 19 Jul 2008 12:45:29 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-588419 <strong>coral games online...</strong> uncovers besting deprivations inverting freights goodly ... coral games online…

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]]> by: Larry Lang http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-526242 Sun, 03 Feb 2008 05:38:48 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-526242 Gains have been unrealistic. Prices are now coing to a point where the middle class is not being shut out of the market. Florida has taken measures to try to revive the real estate market and I see a rebound in the months to come as demand outstrips supply. With the voters approving the new tax relief amendment, there will be an increase in the home sales market and a rise in prices. The increase in the homestead exemption and homeowners being able to take their tax base with them will spur the resale market. This will save them hundreds of dollars monthly. With low interest rates, lower property taxes, the tax portability afforded by the new law and lower prices, there has never been a better time to buy. http://www.southfloridarentals-homesales.com/ Gains have been unrealistic. Prices are now coing to a point where the middle class is not being shut out of the market. Florida has taken measures to try to revive the real estate market and I see a rebound in the months to come as demand outstrips supply.
With the voters approving the new tax relief amendment, there will be an increase in the home sales market and a rise in prices. The increase in the homestead exemption and homeowners being able to take their tax base with them will spur the resale market. This will save them hundreds of dollars monthly. With low interest rates, lower property taxes, the tax portability afforded by the new law and lower prices, there has never been a better time to buy.
http://www.southfloridarentals-homesales.com/

]]> by: AuAgPb http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-495702 Tue, 06 Nov 2007 18:16:12 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-495702 >Let’s get the word out and hold these clowns accountable for their lousy forecasts. >Sincerely, >Peter Schiff >Nobody in the media will held accountable. They have no >legal responsibility, and the half-life of public memory has >been shrinking fast. Sad, but true. SoCalMtgGuy, We need a fix man. Gold is going crazy. Citibank is going down (did I cause this by taking all my money out??). Throw us a fricking bone :-) >Let’s get the word out and hold these clowns accountable for their lousy forecasts.
>Sincerely,
>Peter Schiff

>Nobody in the media will held accountable. They have no >legal responsibility, and the half-life of public memory has >been shrinking fast.

Sad, but true.

SoCalMtgGuy,
We need a fix man. Gold is going crazy. Citibank is going down (did I cause this by taking all my money out??). Throw us a fricking bone :-)

]]> by: watchoutbelow http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-495337 Mon, 05 Nov 2007 02:50:57 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-495337 SoCalMtgGuy, How now Citibank? Will alt-A and A have just as much losses in store? SoCalMtgGuy,

How now Citibank? Will alt-A and A have just as much losses in store?

]]> by: Peter T http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-494811 Sat, 03 Nov 2007 03:53:07 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-494811 Julie Taylor on October 15th, 2007: >Now is the time to buy yoiur dream home at an affordable price. Surely, you're joking, Ms Taylor, or you're out of your mind. >It is unfortunate that the market has forced many to sell their homes at below market prices, When they sell and buyers buy, THAT price is the new market price. Julie Taylor on October 15th, 2007:
>Now is the time to buy yoiur dream home at an affordable price.

Surely, you’re joking, Ms Taylor, or you’re out of your mind.

>It is unfortunate that the market has forced many to sell their homes at below market prices,

When they sell and buyers buy, THAT price is the new market price.

]]> by: Peter T http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-494810 Sat, 03 Nov 2007 03:50:37 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-494810 >Let’s get the word out and hold these clowns accountable for their lousy forecasts. >Sincerely, >Peter Schiff Nobody in the media will held accountable. They have no legal responsibility, and the half-life of public memory has been shrinking fast. >Let’s get the word out and hold these clowns accountable for their lousy forecasts.
>Sincerely,
>Peter Schiff

Nobody in the media will held accountable. They have no legal responsibility, and the half-life of public memory has been shrinking fast.

]]> by: Baghead@AnonRecordings.com http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-494533 Thu, 01 Nov 2007 20:58:36 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-494533 It's time to pay the piper. Lenders are going to have to bite the bullet. On my website this month I have an angry real estate agent that says just that. He specializes in Short Sales and he's busy as ever. Short Sales and forgiving debt are the only way out of this mess. www.AnonRecordings.com It’s time to pay the piper. Lenders are going to have to bite the bullet.

On my website this month I have an angry real estate agent that says just that. He specializes in Short Sales and he’s busy as ever. Short Sales and forgiving debt are the only way out of this mess.

www.AnonRecordings.com

]]> by: Still Renting http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-493070 Fri, 26 Oct 2007 06:14:40 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-493070 SoCalMtgGuy: Help! It's been almost six weeks! Stock market pulled back in July when America first learned the term "sub-prime" but it roared right back and made new record highs. That means the entire "mortgae meltdown" so far has cost nothing! How can this credit crisis be absorbed for a few weeks by the markets and then be determined to have no real economic cost at all? What do you think we are looking at here? Are we going to lose a major bank like Wells Fargo or Citibank? Are the SIV's and commercial paper heading for the tank and breaking the buck on their way down? Only one person in the entire blogosphere and MSM has been dead on so far and that is you. I am still renting on the westside of L.A. where things are still (gulp!) going up. They definitely take longer to sell but they are not dropping, even though everywhere else in the city already is, especially the Valley. Please weigh in with even a short post if you have the time, just to let us know what you think might be in store. Because Wall Street keeps acting like the Fed will simply cut in response to any credit crunch signals, and that everything will thus be fine. SoCalMtgGuy:

Help! It’s been almost six weeks! Stock market pulled back in July when America first learned the term “sub-prime” but it roared right back and made new record highs. That means the entire “mortgae meltdown” so far has cost nothing! How can this credit crisis be absorbed for a few weeks by the markets and then be determined to have no real economic cost at all?

What do you think we are looking at here? Are we going to lose a major bank like Wells Fargo or Citibank? Are the SIV’s and commercial paper heading for the tank and breaking the buck on their way down? Only one person in the entire blogosphere and MSM has been dead on so far and that is you.

I am still renting on the westside of L.A. where things are still (gulp!) going up. They definitely take longer to sell but they are not dropping, even though everywhere else in the city already is, especially the Valley.

Please weigh in with even a short post if you have the time, just to let us know what you think might be in store. Because Wall Street keeps acting like the Fed will simply cut in response to any credit crunch signals, and that everything will thus be fine.

]]> by: norcaljeff http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-493063 Fri, 26 Oct 2007 04:56:45 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-493063 <b>Reports Suggest Broader Losses From Mortgages</b> "Every time economists and Wall Street executives think they have acknowledged the full extent of the losses from the meltdown in real estate mortgages, more bad news turns up." http://tinyurl.com/26y8z6 <b>Buffett says mortgage ills might linger at least 2 more years</b> http://tinyurl.com/22xoyc Reports Suggest Broader Losses From Mortgages
“Every time economists and Wall Street executives think they have acknowledged the full extent of the losses from the meltdown in real estate mortgages, more bad news turns up.”
http://tinyurl.com/26y8z6

Buffett says mortgage ills might linger at least 2 more years
http://tinyurl.com/22xoyc

]]> by: Tom http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-493048 Fri, 26 Oct 2007 02:49:17 +0000 http://housingbubblecasualty.com/rate-cut-will-not-save-the-housing-bubble/#comment-493048 Email from Peter Schiff Dear Investor, Today Merrill Lynch announced a massive 8 billion dollar loss, and S&P downgraded their debt. This is just the beginning, as trillions of dollars that Wall Street loaned to American homeowners will never be repaid. Watch this video clip from Fox News “Cavuto on Business” that originally aired Aug 17, 2007. The exchange is amazing in view of what has just happened. See how I tried to explain to a panel of delusional “experts” why earnings in the financial sector were about to turn into losses. Ben Stein even recommended Merrill Lynch as his favorite stock and lost his cool as I tried to enlighten him and Fox viewers regarding what was about to happen. You just have to see the exchange for yourself to believe it! http://www.youtube.com/watch?v=6XtQoZAqjc8 On a similar line, this video (originally aired on Dec 29, 2006) of a similar exchange I had on Fox “Bulls & Bears” regarding the impending collapse in the housing/mortgage market must also be seen to be believed. http://www.youtube.com/watch?v=yoZV5jt9puc It is important that the public understand just how bad the advice main stream “experts” are peddling. Please forward this email, or the YouTube links to as many people in your contact list as possible and ask them to forward the email to their contacts as well, and so on. Let’s get the word out and hold these clowns accountable for their lousy forecasts. Sincerely, Peter Schiff President and Chief Global Strategist Euro Pacific Capital Email from Peter Schiff

Dear Investor,

Today Merrill Lynch announced a massive 8 billion dollar loss, and S&P downgraded their debt. This is just the beginning, as trillions of dollars that Wall Street loaned to American homeowners will never be repaid.

Watch this video clip from Fox News “Cavuto on Business” that originally aired Aug 17, 2007. The exchange is amazing in view of what has just happened. See how I tried to explain to a panel of delusional “experts” why earnings in the financial sector were about to turn into losses. Ben Stein even recommended Merrill Lynch as his favorite stock and lost his cool as I tried to enlighten him and Fox viewers regarding what was about to happen. You just have to see the exchange for yourself to believe it!

http://www.youtube.com/watch?v=6XtQoZAqjc8

On a similar line, this video (originally aired on Dec 29, 2006) of a similar exchange I had on Fox “Bulls & Bears” regarding the impending collapse in the housing/mortgage market must also be seen to be believed.

http://www.youtube.com/watch?v=yoZV5jt9puc

It is important that the public understand just how bad the advice main stream “experts” are peddling. Please forward this email, or the YouTube links to as many people in your contact list as possible and ask them to forward the email to their contacts as well, and so on.

Let’s get the word out and hold these clowns accountable for their lousy forecasts.

Sincerely,

Peter Schiff
President and Chief Global Strategist
Euro Pacific Capital

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