total implosion of the u.s. real estate market

Discussion in 'Economics' started by the gardner, Oct 23, 2007.

  1. the vast market of real estate..exceeding 20 trillion is collapsing

    some forecast price drops of 50 percent in markets like vegas and miami and parts of cali

    millions of foreclosures loom on the horizon

    the luxury markets are starting to cave ...ie new york

    real estate inventory at a 30 yr high.....transactions at an all time low...

    homebuilder sentiment survey worst level ever.....ever...

    everything real estate related under massive massive pressure

    DISCUSS.........
     
  2. GaryN

    GaryN

    One thing Ive been thinking about is Las Vegas real estate. They import almost all of their water and the country is facing a water shortage. If Las Vegas water supply is ever threatened what would happen to real estate values there?
     
  3. This has already been "discussed" ad infinitum. Just do a search and you can read those discussions. But isn't it clear? The world, as we know it, is ending.

    OldTrader
     
  4. VALUES IN VEGAS TODAY ARE APPX 175 PER SQ FOOT..UP FROM 82 PER SQ FOOT IN 2000

    WATER OR NO WATER VEGAS IS DONE FINISHED TOAST......OWNING REAL ESTATE IN VEGAS IS JUST THE WORST POSITION YOU COULD HAVE ..............G
     
  5. You have no idea what you're talking about.

    New York RE has held up like a rock. It might (probably will) go down in the future, but as of today your statement is 100% wrong.
     
  6. YES IT HAS BEEN DISCUSSED BUT NOT TO THIS DEGREE.....I AM LOOKING AT REAL DATA ....IMPORTANT DATA SUGGESTING A TOTAL COLLAPSE IN VALUES ......A PROLONGED PROTRACTED DEPRESSIVE COLLAPSE OF THE USA,S LARGEST MARKET.....

    WHAT THE NUMBERS SUGGEST IS THAT WHATEVER EQUITY HAS BEEN ACCUMULATED OVER THE LAST 9 YEARS WILL EVAPORATE OVER THE NEXT 3 TO 4 YEARS ...........

    THE REAL ESTATE COLLAPSE WILL BE 10000 TIMES WORSE THAN THE DOT COM BOOM IN ITS DURATION AND OVERALL EFFECTS

    DISCUSS
     
  7. JUST TAKE A LOOK AT REAL ESTATE IN 1974 ...TO 76 IN NY....LOOK AT SOME CHARTS

    THAE A LOOK AT 82 ...AND THEN 91.....JUST NY DATA...

    BUT NY HAS HELD UP WELL IN TERMS OF PRICE BUT NOT VOLUME...VOLUME IS HALF WHAT IT WAS AND WE ALL KNOW WHAT HAPPENS WHEN VOLUME DRYS UP.......GAPS BEGIN TO HAPPEN

    NY PRICE REDUCTIONS ARE INCREASING .......DEMAND IS SLOWING .....CREDIT ISSUES LOOM .....BONUSES WILL BE LOWER IN 07 ........JUST LOOK AT THE PRICE OF MERRIL LYNCH TODAY 65
    NEW YORK WILL NOT BE SPARED EVENTUALLY

    G
     
  8. Maybe it's the INFLATION PUMPED TO TRY TO PREVENT the real estate collapse... which will be worse than the .com boom...
     
  9. someone woke up on the wrong side of the bed today...
     
  10. IF YOU WANT TO SEE HOW BAD THE MARKET IS .....AND IS GOING TO GET......GO TO RADAR LOGIC . COM

    CLICK ON HISTORICAL DATA UNDER ANALYTICS.....YOU WILL NOT BELIEVE THE GRAPHICS......

    INSTUTIONS AND HEDGE FUNDS TRADE MILLIONS OF DOLLARS BASED ON THEIR DATA......

    THEY TRADE THE RPX...THE RESIDENTIAL PROPERTY INDEX
    WWW.RADARLOGIC.COM

    MORGAN AND GOLDMAN USE THIS DATA
    SEE FOR YOURSELF....G
     
    #10     Oct 23, 2007