Alex S Gabor

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  • The Yin and Yang Of The Housing Rebound
    It is false and misleading to tell people that, "It is a basic fact of life that people need shelter, so it is important to track the amount of new dwellings built versus the levels of household formation."

    New Dwellings built has nothing to do with the fact that the US dollar is worthless. People want affordable housing and the market is going to force builders and mcmansionaires to deflate the market by short selling.

    The mantra for investors now is "short high, buy low, sell lower, and keep buying lower till it can't go no lower", that is the greatest good for the greatest number, not the opposite crap we have been fed for the past 200 years by the idiots and morons who run the global banking establishment!

    As for household formation in America, with all those sexually inhibited repubnicans heading out of office from the White House, we will soon see another baby boom twice the size of the 5 million 18 year olds coming online this year, all of whom won't be able to understand how to buy a home for another three years, meanwhile resale foreclosure inventories are rising twice as fast as the demand for new housing, so what idiot is going to buy a new home while the knife is still falling on his wallet?

    If I were in the real estate industry, I'd dump my property and buy pennies and cash them in at the Bank of Pen in the Kingdom of Pen, the domain of the Penny King.

    Read all about it here:

    www.associatedcontent....
    Jan 26 05:14 am |Rating: 0 0 |Link to Comment |View article

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