My housing prediction
#7618246
07/03/22 04:42 AM
07/03/22 04:42 AM
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Joined: Feb 2014
Posts: 13,155 Ky
jbyrd63
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 13,155
Ky
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I posted a comment a couple months or so back that if someone was going to buy a house to wait until august but better in September. My critics laughed at me and said I was crazy The big fall has begun ! https://apple.news/A2PSd93gFTLq0ZY4CfAMV_wMy post was before the mortgage rate hikes so don’t post that’s how I knew! Anything good has and will be destroyed by the White House policies
Last edited by jbyrd63; 07/03/22 04:49 AM.
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Re: My housing prediction
[Re: jbyrd63]
#7618302
07/03/22 07:51 AM
07/03/22 07:51 AM
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Joined: May 2010
Posts: 10,485 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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The FED has been talking about raising rates for quite some time. Everyone following the financial system knew it was going to happen. Anyone who understands inflation knows what the remedy is and that rates were going up.
Guess what? They are going higher.
If you are so smart tell us when it's going to bottom, how high rates are going to go and when the FED will pivot
How much money did you risk shorting the housing market?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: My housing prediction
[Re: jbyrd63]
#7618312
07/03/22 08:04 AM
07/03/22 08:04 AM
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Joined: May 2010
Posts: 10,485 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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Does the SEC play in the world series?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: My housing prediction
[Re: jbyrd63]
#7618358
07/03/22 09:35 AM
07/03/22 09:35 AM
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Joined: Mar 2015
Posts: 532 GA
canebrake
trapper
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trapper
Joined: Mar 2015
Posts: 532
GA
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Re: My housing prediction
[Re: jbyrd63]
#7618368
07/03/22 09:57 AM
07/03/22 09:57 AM
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Joined: Mar 2013
Posts: 2,172 chelsea,wi
keets
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trapper
Joined: Mar 2013
Posts: 2,172
chelsea,wi
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JBYRD THE MAGNIFICENT...sorry I can't rotate
2021 goals....make time to trap PROUD MEMBER WTA NTA FTA GOA SPORTSMANS ALLIANCE
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Re: My housing prediction
[Re: jbyrd63]
#7618394
07/03/22 10:38 AM
07/03/22 10:38 AM
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Joined: Aug 2008
Posts: 16,275 ny
upstateNY
trapper
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trapper
Joined: Aug 2008
Posts: 16,275
ny
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Lets see.Make a BUNCH of different predictions.Wait and see what actualy happens.THEN,,go back and filter out the prediction that fits your narrative.Haaahaaa,,,yea,,your a real Nostrodomass
Last edited by upstateNY; 07/03/22 10:45 AM.
the wheels of the gods turn very slowly
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Re: My housing prediction
[Re: jbyrd63]
#7618413
07/03/22 11:04 AM
07/03/22 11:04 AM
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Joined: Dec 2008
Posts: 226 MICHIGAN
WANNABE-TRAPPER
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trapper
Joined: Dec 2008
Posts: 226
MICHIGAN
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Did you read this? The areas you are talking about are the most expensive areas of the country. 50-100k are only a couple% in those areas. And rates are higher so it’s only a couple percentage change. Not exactly buying bitcoin at $1.40
Think beyond right or left don't be guilty of group think.
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Re: My housing prediction
[Re: Gary Benson]
#7618414
07/03/22 11:04 AM
07/03/22 11:04 AM
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Joined: Oct 2017
Posts: 5,879 perry co.Pa
wetdog
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Joined: Oct 2017
Posts: 5,879
perry co.Pa
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Here's one for the pet peeve thread. Look up Dunning Kruger effect, he fits the definition perfectly
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