It all comes down to zoning and transportation. Solve those issues and housing stock can increased dramatically. I am convinced that BA politicians and that the nimbyies political will is not able to solve those issues. Hence higher RE prices.
Flawed analysis. Why is he comparing the S&P500 to Bay Area homes? Not apples to apples. Should be either S&P500 to US Homes, or Bay Area companies to Bay area homes.
“It seems like we’ve reached a peak in momentum,” said Daniel Deming, managing director at KKM Financial. “We cleared Wednesday and Thursday with strong earnings but people are still asking: ‘Now what?’”
Deming added: “When you step back, the market realizes it has to deal with issues it hasn’t had to contend with in a decade, mainly rising rates and deficit spending.”
I think it’s necessary in a services economy and will eventually lead to the downfall of the services economy. The US economy grew for decades with very little debt. You can only grow on debt for so long, since servicing the debt takes more and more money. Eventually, the debt service is such a burden that spending on everything else has to decrease. The economic shock from that would make 2008 look tiny.
I understand the mistake. I stopped claiming all, keeping quiet. No more updates on stocks. Only real estate updates will continue, that too stopped sharing all predictions…
I felt angry only once (that day when multiple people were pounding me left and right). I felt “Why the hell I need to answer everyone here?” The members are many, but I am the one answering and hard to withstand such pressure (along with my daily work).
No, I got it. When I predict it, and sharing it, definitely People will question your claims. I perfectly get it.
“Nobody asked you to share or not share”, correct. I volunteered myself that was the mistake. Understood the mistake, stopped doing that volunteering.
You will not see any updates (either prediction or sharing …etc) on stocks.
I realized sharing is not only daring, but hassle too !
Nothing against any one you or WQj or anyone else.