Real estate is and always has been exactly like the stock market. Look at any price or volume chart of either. They just have different cycles.Yes, real estate is not like the stock market. I wouldn't trade on this poll's results (or at least not without a lot more help), but I'm just curious about the opinions of our users.
Real Estate
Started by
OEXCHAOS
, Mar 29 2007 04:01 PM
16 replies to this topic
#11
2cents
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Posted 30 March 2007 - 05:59 AM
My opinion isn't worth the HTML it's written on
#12
OEXCHAOS
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Mark S. Young
Posted 30 March 2007 - 06:42 AM
Real estate is and always has been exactly like the stock market. Look at any price or volume chart of either. They just have different cycles.Yes, real estate is not like the stock market. I wouldn't trade on this poll's results (or at least not without a lot more help), but I'm just curious about the opinions of our users.
Oh? When was the last time you got a margin call for realestate?
When was the last time you saw a nice, clear fungible bid and ask for realestate?
When was the last time you could live in your stock portfolio?
People may be trading houses more like stocks now, but they still aren't stocks. When stocks go down, people sell them. When housing prices go down, people DON'T.
The sentiment works differently, which was my point, similar looking charts notwithstanding.
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#13
2cents
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Posted 30 March 2007 - 08:16 AM
Real estate is and always has been exactly like the stock market. Look at any price or volume chart of either. They just have different cycles.Yes, real estate is not like the stock market. I wouldn't trade on this poll's results (or at least not without a lot more help), but I'm just curious about the opinions of our users.
Oh? When was the last time you got a margin call for real estate?
When was the last time you saw a nice, clear fungible bid and ask for real estate?
When was the last time you could live in your stock portfolio?
People may be trading houses more like stocks now, but they still aren't stocks. When stocks go down, people sell them. When housing prices go down, people DON'T.
The sentiment works differently, which was my point, similar looking charts notwithstanding.
Margine call no, missed mortgage or default.
The bid and ask happens every day in every neighborhood.
I get your point, but sentiment dictates the highs and lows of both. Real estate simply does it over much longer cycles but the residual effects of markets make the real estate market, not the other way around.
My opinion isn't worth the HTML it's written on
#14
TTHQ Staff
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Posted 30 March 2007 - 08:17 AM
What if this technology becomes mainstream-- what then?
A machine that can build an entire house all by itself. Cheap housing on the way? What would this do to the RE mkt?
#15
pdx5
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I want return OF my money more than return ON my money
Posted 30 March 2007 - 09:28 AM
This article from a person who has been in real-estate for 3 generations!
http://www.safehaven...rticle-7237.htm
http://www.safehaven...rticle-7237.htm
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#16
OEXCHAOS
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Mark S. Young
Posted 30 March 2007 - 10:35 AM
My whole family was in the investment business for two generations. I was still too Bearish in the late nineties.
Mark
Mark S Young
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#17
TechSkeptic
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Posted 30 March 2007 - 12:48 PM
IMO we are still in an inflationary cycle. Though real estate was overdone, eventually inflation will catch up. If there is a severe inflation (which is not at all impossible the way the World's central banks are printing money), there will be flight to hard assets, which includes real estate. But overall, I'm expecting a flat to slightly down market for the next few years. Possibly significantly down in some areas. But in general no worse than the early 90's.
