Sell stocks and bonds, buy RE

In SF, difference between SFH and townhouse is minor for consumption purpose. Price difference might be small as well

They usually forecast about 0.8% higher than actual, but this is a HUGE deal. I can’t imagine why more news outlets aren’t promoting it. I can’t find a single story about it on CNN.

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Is it because the Atlanta Fed is that “child that didn’t do as well in math as the other children”…?

Rachel Madcow said the economy only grew at 2.3 % last year…The left is apoplectic that the economy is doing so well…They would rather have all of us wallow in poverty than let a few get really rich…I really believe that the whole liberal agenda is more about punishing rich people than it is about raising the tide to lift all ships…When your agenda is all about hatred, you become blind to the truth…

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Yellen is leaving before the super bowl. Let’s see whether the new fed chairman will also make the same prediction.

If GDP can sustain 5% growth, what should be the mortgage rate?

As long as inflation stays low, then mortgage rate won’t move much. Think the business tax cuts will keep inflation low.

Both stocks and bond tanked today. Strong job market could push up inflation sooner

Come on, all I said was that the Iphone 8 and X introduction about the same time was not exactly a strategy that I would have done…

A very timely thread. Should have sold stocks and bonds yesterday :sleepy:

Really? Did not know Greenspan is a billionaire.

I bet Greenspan bought a bunch of S & P put options on Tuesday.

By pure luck, I txfred a large 401k position from a previous employer into all cash rollover IRA 2 weeks ago. Deployed 1/4th and now waiting.

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Here is the mortgage rate chart. Mortgage rate jumped in 2013 and 2016, but fortunately it fell afterwards for both occasions. So it did not affect housing at all.

If we get a sustianed mortgage rate increase, will it cause major slowdown to housing?

https://ycharts.com/indicators/30_year_mortgage_rate

There’s never been a year with a rate increase that housing prices decreased.

Actually it did, prices stalled but rebounded quickly the next Spring. I know because I was lowballing to my wife chagrin, missing opportunities.:disappointed:

Greenspan has given you guys timely warning. But everyone was laughing at him

He wasn’t the warning he was the catalyst.
Just like in 1987… he is like a bad rash… keeps coming back.

Something happened in December/January - south bay house prices jumped. I wonder if trump’s tax had an effect i did not understand.

Then, ~10% drop in stock market. Let’s see how that changs anything.

Supposedly I have a buyer this week looking at my Tahoe apartment
building. Let’s see if the crash scares him away. Didn’t affect my prospective tenants. I doubt they own any stocks