NPR story on house prices

[SHELLY]

We are a tiny little bump in the world that alot of folks want a peice of.

...they just don't want to pay the asking price.




.

 

[Jellyfish]

CONFIDENCE, imho, is paramount to every other ingredient INCLUDING supply and demand. It is, after all, CONFIDENCE that determines demand or lack of same

That's where the term "Con Man" came from, selling false confidence.

 

[goofer]

...they just don't want to pay the asking price.




Who does ? That's very Un-American.;-)

 

[goofer]

That's where the term "Con Man" came from, selling false confidence.

In the context of my remarks, you seem to imply that the U.S. economy is built on a house of cards. Am I misinterpreting or do you really feel that way ?

 

[SHELLY]

In the context of my remarks, you seem to imply that the U.S. economy is built on a house of cards. Am I misinterpreting or do you really feel that way ?

I think at this point it's more "smoke and mirrors" than cards. The real estate frenzy, however, was a house of cards.

 

[Bobby J]

...they just don't want to pay the asking price.




.

They seem to be getting restless.... They want in... I base this on calls and car rides....

 

[goofer]

hmmmm.......Are we talking real estate or streetwalkers ??? :shock:

 

[Bobby J]

both!

 

[Mango]

Bobby, at first I thought your signature pic was for this thread.:rofl:

 

[Jellyfish]

In the context of my remarks, you seem to imply that the U.S. economy is built on a house of cards. Am I misinterpreting or do you really feel that way ?

Nope, just pointing out some trivial info. Doom and gloom is really popular right now; I think we're in for several years of meager GDP growth while the overall system digests all the debt out there.