Comments on: Why The United States Real Estate Downturn Will Be Much Different Than Japan’s http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/ Real Estate Blog, Mortgage, and Development News Sat, 21 Nov 2009 03:38:54 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: La blogosphère immobilière américaine affronte la tourmente en rangs serrés « Tous complices http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/comment-page-1/#comment-211864 La blogosphère immobilière américaine affronte la tourmente en rangs serrés « Tous complices Sat, 24 May 2008 12:34:23 +0000 http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/#comment-211864 [...] que certains blogueurs se demandent assez anxieusement si les États-Unis vont mettre autant de temps à se remettre de la crise [...] [...] que certains blogueurs se demandent assez anxieusement si les États-Unis vont mettre autant de temps à se remettre de la crise [...]

]]> By: tc125231 http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/comment-page-1/#comment-195337 tc125231 Sat, 12 Apr 2008 15:12:48 +0000 http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/#comment-195337 I don't think that the U.S. is like Japan. Nonetheless, this article is --in my opinion -naive and hopeful, rather than reality based. Two points: >Most economists will be very surprised if the US economu grows 3% in either of the next two years. > The own to rent rations are --too high. See this post by Paul Krugman, and the associated graph: http://krugman.blogs.nytimes.com/2008/04/08/permanently-high-home-prices/ The other item to look at is the Index of Consumer Sentiment from the University of Michigan. The last time it was lower than this was before Ronald Reagan took office. http://krugman.blogs.nytimes.com/2008/04/11/depressed-consumers/ I don’t think that the U.S. is like Japan. Nonetheless, this article is –in my opinion -naive and hopeful, rather than reality based.

Two points:

>Most economists will be very surprised if the US economu grows 3% in either of the next two years.

> The own to rent rations are –too high. See this post by Paul Krugman, and the associated graph:

http://krugman.blogs.nytimes.com/2008/04/08/permanently-high-home-prices/

The other item to look at is the Index of Consumer Sentiment from the University of Michigan. The last time it was lower than this was before Ronald Reagan took office.

http://krugman.blogs.nytimes.com/2008/04/11/depressed-consumers/

]]> By: Huge Reductions on San Diego Homes - Walmart’s Not the Only One with Falling Prices | Redfin San Diego Sweet Digs http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/comment-page-1/#comment-182206 Huge Reductions on San Diego Homes - Walmart’s Not the Only One with Falling Prices | Redfin San Diego Sweet Digs Wed, 12 Mar 2008 02:27:17 +0000 http://www.therealestatebloggers.com/2008/03/10/why-the-united-states-real-estate-downturn-will-be-much-different-than-japans/#comment-182206 [...] on saving money and cutting corners ran amuck.  I distinctly remember reading an article  in the early ’90s suggesting that one way to save a buck was to squish all your soap remnants into a ball to make a [...] [...] on saving money and cutting corners ran amuck.  I distinctly remember reading an article  in the early ’90s suggesting that one way to save a buck was to squish all your soap remnants into a ball to make a [...]

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