tag:blogger.com,1999:blog-18675105.post3089884198480022211..comments2024-01-15T12:16:41.302+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: The housing crash is here. The final act is now upon us. So where does HousingPANIC go from here?bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger63125tag:blogger.com,1999:blog-18675105.post-2342075965941701002007-03-20T18:59:00.000+00:002007-03-20T18:59:00.000+00:00the crash is far from over. It still needs 3-5 ye...the crash is far from over. It still needs 3-5 years to fully unwind. That being said I have been surprised at how quickly the subprime market has unraveled. <BR/><BR/>Housing crash will be around until housing is again a "good investment", not that an illiquid asset with no stop loss is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65000186913403812132007-03-20T11:33:00.000+00:002007-03-20T11:33:00.000+00:00(;(;FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40582975998392343062007-03-20T00:45:00.000+00:002007-03-20T00:45:00.000+00:00FMW ROCKS this site!FMW ROCKS this site!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82182801546314766222007-03-19T22:06:00.000+00:002007-03-19T22:06:00.000+00:00HP should become an advocate time tested and prove...HP should become an advocate time tested and proven strategies of sound economics. One thing i can say about most Hper's is that they know economics. It is evident that the MSM and other economist are paid hacks that only peddle the latest bubble craze with absolutely no regard for honest reporting and guidance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-31085691544407951422007-03-19T21:03:00.000+00:002007-03-19T21:03:00.000+00:00You're welcome.You're welcome.FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32987709977646102682007-03-19T20:30:00.000+00:002007-03-19T20:30:00.000+00:00Thank you FMW. This is a very interesting article ...Thank you FMW. This is a very interesting article about Applied Materials! <BR/><BR/>I am a real fan of solar power. Finally, a company that is working hard on improving the cost factor.Miss Goldbughttps://www.blogger.com/profile/10801986805626811706noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74205685127056212222007-03-19T18:10:00.000+00:002007-03-19T18:10:00.000+00:00equal to bullets, in the next great depression???equal to bullets, in the next great depression???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-22952118220078974532007-03-19T18:09:00.000+00:002007-03-19T18:09:00.000+00:00prices are still way too high. They need to come d...<I>prices are still way too high. They need to come down by at least 50%. <BR/> What has really been accomplished other than a lot of words being printed and many people being foreclosed on?</I><BR/><BR/>Prices CANNOT come down. The lenders are not going to allow a house to be sold for 50% of the loan amount! All the FB's can do is wait for the Sheriff to knock on the door.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64208160195447941482007-03-19T18:08:00.000+00:002007-03-19T18:08:00.000+00:00night work, rock miners??night work, rock miners??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-42518047743974219412007-03-19T18:07:00.000+00:002007-03-19T18:07:00.000+00:00industrial development bonds from the railroad age...industrial development bonds from the railroad agency, two birds, one stone.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-20165390110236037612007-03-19T17:56:00.000+00:002007-03-19T17:56:00.000+00:00if house prices, take the 10% increase needed to e...if house prices, take the 10% increase needed to end the borrowers problems, and stay there for 12 yearsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71287775084939021642007-03-19T17:54:00.000+00:002007-03-19T17:54:00.000+00:00just think that at 15% interest on a 20 year treas...just think that at 15% interest on a 20 year treasury, and saving 50% a year, i might recoup the loss in purchace power, and inflationary price increases moneys lost, with my lending to house buyers over the last 10 years in about 12 years!!!!!, aint gonna happenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47345162613377716952007-03-19T17:52:00.000+00:002007-03-19T17:52:00.000+00:00Keep providing access (links) to information the M...Keep providing access (links) to information the MSM is STILL trying to bury. It seems to me they are either:<BR/><BR/>1. Trying to make the problem smaller than it seems<BR/><BR/>or<BR/><BR/>2. Giving us the latest about Anna Nicole and/or Britney.Jiphttps://www.blogger.com/profile/15852596522960937217noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26718530249378234702007-03-19T17:08:00.000+00:002007-03-19T17:08:00.000+00:00LauraVella,http://tinyurl.com/ytedfwBig machines, ...LauraVella,<BR/><BR/>http://tinyurl.com/ytedfw<BR/><BR/><BR/>Big machines, big aspirations<BR/>Applied Materials bets its solar-production gear will reshape market<BR/><BR/>By Matt Andrejczak, MarketWatch<BR/>Last Update: 12:16 AM ET Mar 5, 2007<BR/><BR/>SAN FRANCISCO (MarketWatch) -- For over 40 years, Applied Materials Inc. has helped electronics makers cut product costs. It's done it for computer-chip makers, flat-panel TV makers and consumer-electronics providers. Now, it's taking the same playbook to the growing solar market.<BR/>Charlie Gay, who runs the company's solar machine group, likes to tell this analogy between the solar machine market and semiconductor-equipment: Due to the costs of transistors and the equipment that made them, it would have cost $1 billion to make an iPod 30 years ago.<BR/>"We're going to make a huge impact on cost reduction for solar," bets Gay, who Applied Materials plucked from nearby solar firm SunPower Corp. to run its show. "We're on a very predictable learning curve."FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-68783110065630586262007-03-19T16:11:00.000+00:002007-03-19T16:11:00.000+00:00In SW Florida we suddenly have a rash of arson fir...In SW Florida we suddenly have a rash of arson fires -two or more a day. Surprise, surprise. They just went to the grocery store for an hour and when they came home the house was on fire. <BR/><BR/>An emergency responder told me that sometimes they get to the scene of the fire and the insurance adjuster shows up while the fire is still burning. <BR/><BR/>My business offers fax service. Interesting how many faxes I am sending to insurance companies because dump trucks (owned by out of work construction workers) are burning up. <BR/>Also, I may make a fortune faxing letters by distressed homeowners to Countrywide. <BR/><BR/>So, my prediction is that the debt problem may just burn itself out. <BR/><BR/>I am glad I don't work in the insurance industry right now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-79417868892482998192007-03-19T16:09:00.000+00:002007-03-19T16:09:00.000+00:00"Housing Panic: How I Learned to Stop Worrying and..."Housing Panic: How I Learned to Stop Worrying and Thrive among the Ruins of the Housing Collapse."<BR/><BR/>A blog dedicated to helping HP'ers navigate through this thing step by stepAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-38845251195216209712007-03-19T15:22:00.000+00:002007-03-19T15:22:00.000+00:00Homeowners are still "digesting RE doesnt always ...Homeowners are still "digesting RE doesnt always go up". I don't think it will truely sink in until mid summer when they finally realize that something is terribly wrong when buyers can't qualify.<BR/><BR/>It might be a good time to look forward to what will happen to our economy, and discuss what this country can manufacture besides candles & widgets.<BR/><BR/>My personal thoughts are we need to manufacture reasonably priced solar power panels-and I'm not talking about the expensive flexible sheets of solar cells that private companies are producing as we speak.<BR/><BR/>This country needs solar panels that are cost effective to install that will last longer than 10 years.<BR/><BR/>This country needs to manufacture again-or we will become a third world country for sure.Miss Goldbughttps://www.blogger.com/profile/10801986805626811706noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-72796988202440289142007-03-19T07:30:00.000+00:002007-03-19T07:30:00.000+00:00These are still early days yet for your site Keith...These are still early days yet for your site Keith.<BR/><BR/>We are probably in late '1929' stages yet....there is a long decade ahead of us.<BR/><BR/>I don't think the 'effects' of the housing bubble are yet to come through both on a national and international scale.......that for me is where the interesting things will start happening.<BR/><BR/>Will the Fed save the dollar, ala Volcker?<BR/><BR/>What is happening internationally ?<BR/><BR/>Deflation, is it coming ? If so when ?<BR/><BR/>Recession.<BR/><BR/>Unemployment.<BR/><BR/>etc.....<BR/><BR/>Still lots of stuff to talk about Keith.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54462368970855725592007-03-19T06:50:00.000+00:002007-03-19T06:50:00.000+00:00Watch an episode of “Little House on the Prairie” ...Watch an episode of “Little House on the Prairie” and then turn on the news, and notice the contrast from what we used to consider virtues to strive for, and what passes as ‘leadership’ today.<BR/><BR/><BR/>We, as a citizens, subjects or serfs…<BR/>whatever it is that we are now and might be soon…<BR/>had better remember where we tossed away the soul of this country and the principles it was founded on…<BR/>and we’d better get them back.<BR/><BR/>Or… maybe it’s just an inevitable cycle that we’re in….<BR/><BR/>Throughout history civilizations have progressed:<BR/>From bondage to spiritual faith;<BR/>from spiritual faith to great courage;<BR/>from courage to liberty;<BR/>from liberty to abundance;<BR/>from abundance to selfishness;<BR/>from selfishness to complacency;<BR/>from complaceny to apathy;<BR/>from apathy to dependence;<BR/>from dependency back again into bondage.<BR/><BR/>Sir Alex Fraser Tyler: (1742-1813)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-91001013213566525402007-03-19T06:29:00.000+00:002007-03-19T06:29:00.000+00:00This comment has been removed by the author.Unknownhttps://www.blogger.com/profile/09365369887411290245noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-11945932473377942062007-03-19T06:20:00.000+00:002007-03-19T06:20:00.000+00:00Nice piece on the chinese property bubble:http://e...Nice piece on the chinese property bubble:<BR/><BR/>http://economicdespair.blogspot.com<BR/><BR/>I have one criticism of this otherwise great blog; it is too focused on the US market. We need to draw the the dots up. This is a worldwide phenomenon.<BR/><BR/>You might not agree with me here, housingpanic, but I think that the US housing bubble is one of the more restrained and manageable bubbles. We are only looking at 20-30 percent falls in house prices.<BR/><BR/>Elsewhere in the world, it will be a bloodbath. I'll give you five more inflated markets straight off - UK, Spain, Moscow, signapore and Ireland. All are more inflated than the US market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64851965788034930422007-03-19T05:48:00.000+00:002007-03-19T05:48:00.000+00:00"All we want now is simply for houses to be homes ..."All we want now is simply for houses to be homes again - not get rich quick lottery tickets. We want the REIC and NAR lying and deception to stop. We want young couples out of school to be able to buy a nice home, with a reasonable payment, and the security that the asset value will keep up with inflation. <BR/><BR/>We want the commission-hungry realtors and mortgage brokers gone. Now. All of them. We want the NAR and realtor profession to be discredited and disbanded. We want the REIC to be regulated. We want the MSM to do their jobs and report, versus copy and paste. And we want people to wake the f*ck up and live within their means once again."<BR/><BR/>Excellent summary......that is EXACTLY what I want post meltdown.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-6334941726980056492007-03-19T05:26:00.000+00:002007-03-19T05:26:00.000+00:00keith,we can help prosecute the coorupt and lying ...keith,<BR/><BR/>we can help prosecute the coorupt and lying people like lereah.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-55298486919104666562007-03-19T05:25:00.000+00:002007-03-19T05:25:00.000+00:00keith,i suggest that hper's will focus this time i...keith,<BR/><BR/>i suggest that hper's will focus this time in comforting people who are in tremendous economic pain. that's the christian way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25868004932880412052007-03-19T05:21:00.000+00:002007-03-19T05:21:00.000+00:00As exciting and as quick as Act II was, Act III wi...As exciting and as quick as Act II was, Act III will be the complete and total opposite. Act III will be depressing and it will seem like it's going to last forever.<BR/><BR/>Sub-prime has blown up and taken away a ton of buyers due to stricter guidelines. But now we have several years worth of Neg-am Alt-A & prime buyers who are going to succumb to higher payments and lower property values. It will make sub-prime seem like a walk in the park.<BR/><BR/>Jobs will be lost, crime will rise and divorce will be even more commonplace than it is today. And this will be happening to people you know and probably like and there won't be a thing you can do about it. <BR/><BR/>Keith, you'll get tired of Act III, even the schadenfreuders will be sick of it in a heartbeat. It's gonna be awful.<BR/><BR/>I think it might be time to take a vacation, a real long vacation.bobbyj0708https://www.blogger.com/profile/03121435492025777194noreply@blogger.com