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End of the credit crunch today?

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    #11
    Originally posted by snaw View Post
    My NY apt has gone up in value ...
    Home sales rise locally; average price falls by 22%.

    snaw you are making typical mistake that everyone who can't (or does not like it) see the big picture - you think just because your local conditions are okay for now then it's all right then. It's like sitting at the back of the airplane that just nose dived into the ground and pilots/1st class are already dead where as the fire has not reached your seats just yet.

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      #12
      Originally posted by snaw View Post
      My NY apt has gone up in value ...

      There is a shortage of property for sale in Detroit.
      How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

      Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
      Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

      "We hang the petty thieves and appoint the great ones to high office" - Aesop

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        #13
        Originally posted by AtW View Post
        It's like sitting at the back of the airplane that just nose dived into the ground and pilots/1st class are already dead where as the fire has not reached your seats just yet.
        Really? I'll have to stop travelling 1st class then. Private charter is the way ahead - just like Bon Jovi...
        Older and ...well, just older!!

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          #14
          Originally posted by AtW View Post
          Home sales rise locally; average price falls by 22%.

          snaw you are making typical mistake that everyone who can't (or does not like it) see the big picture - you think just because your local conditions are okay for now then it's all right then. It's like sitting at the back of the airplane that just nose dived into the ground and pilots/1st class are already dead where as the fire has not reached your seats just yet.
          No. I was being slightly tongue in cheek and also stating a fact. My NY apartment, despite the really bad conditions in the US has gained in value. I'm well aware of the US market conditions generally however.

          I'm also well aware that you're pre-disposed to thinking you're the only person who's got any knowledge of anything. You're a reasonably bright guy AtW, but you've a massive weakness of assuming you've always got the right answer.

          I actually wish you well with SKA, but I suspect this weakness will be your undoing - I've seen exactly the same thing in other people, and usually it 's what does for them.
          Hang on - there is actually a place called Cheddar?? - cailin maith

          Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

          That will be a simply fab time to catch up for a beer. - Tay

          Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

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            #15
            Originally posted by snaw View Post
            I'm also well aware that you're pre-disposed to thinking you're the only person who's got any knowledge of anything. You're a reasonably bright guy AtW, but you've a massive weakness of assuming you've always got the right answer.
            SKA tells him the answer you see...
            Older and ...well, just older!!

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              #16
              Originally posted by AtW View Post
              Home sales rise locally; average price falls by 22%.

              snaw you are making typical mistake that everyone who can't (or does not like it) see the big picture - you think just because your local conditions are okay for now then it's all right then. It's like sitting at the back of the airplane that just nose dived into the ground and pilots/1st class are already dead where as the fire has not reached your seats just yet.
              Aeroplane

              Comment


                #17
                Originally posted by snaw View Post
                You're a reasonably bright guy AtW, but you've a massive weakness of assuming you've always got the right answer.
                I don't think I am always right. In fact I make plenty of mistakes and try to learn from them, but more importantly I try to learn from mistakes made by others - your arguement that your own specific flat goes up in price (try selling it - how do you know if the price you can get is real?) then somehow all must be okay.

                2 nice houses near me that I like were on sale for over 2 years - now they really missed the boat so they put up "for rent" sign, so far no takers either. Don't know about NY but this country will be in real crisis when house prices start falling for real (so far it is all warmup).

                Thanks for good wishes of course, I don't wish your houses to fall in price but it's not something that depends on your or me. Though one thing both of us could do is refuse to pay inflated prices.

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                  #18
                  Originally posted by Peoplesoft bloke View Post
                  Aeroplane
                  This suddenly makes me feel a lot better about flying...

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                    #19
                    Originally posted by chris79 View Post
                    Petrol down

                    Shares up

                    Bit of confidence restored...

                    ??
                    Its just a dead squirrel bounce

                    IGMC

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                      #20
                      Take a look at the chart for the dow yet (today)?
                      Roughly maps the trajectory of the space shuttle on launch.
                      Bored.

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