Comments on: Housing Minsky Moment: 3 Factors. Prime Contagion, Record Foreclosures, and Publicity. http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/ How I Learned to Love Southern California and Forget the Housing Bubble Wed, 07 Jan 2009 00:40:51 +0000 http://wordpress.org/?v=2.2.2 By: Dr Housing Bubble http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1671 Dr Housing Bubble Wed, 15 Aug 2007 04:42:00 +0000 http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1671 " The risk posed by a slower rate of home equity growth was also discussed by the FDIC roundtable panel. It should be noted that in only the first six years of this decade, the value of net housing wealth (or owners’ equity) held by U.S. households has risen by over $5 trillion."<br/><br/><a HREF="http://www.fdic.gov/bank/analytical/fyi/2006/032306fyi.html" REL="nofollow" rel="nofollow"><br/>FDIC website</a> ” The risk posed by a slower rate of home equity growth was also discussed by the FDIC roundtable panel. It should be noted that in only the first six years of this decade, the value of net housing wealth (or owners’ equity) held by U.S. households has risen by over $5 trillion.”


FDIC website

]]> By: Nicholas http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1669 Nicholas Tue, 14 Aug 2007 17:59:00 +0000 http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1669 Dr HB, do you have a source for the 5 Trillion in imaginary wealth that you quote? I read your other post and didn't see anything, but would like to track down and look at the numbers.<br/><br/>Thanks<br/><br/>Zot<br/>http://www.potterzot.com/blog Dr HB, do you have a source for the 5 Trillion in imaginary wealth that you quote? I read your other post and didn’t see anything, but would like to track down and look at the numbers.

Thanks

Zot
http://www.potterzot.com/blog

]]> By: Hiphopapotamus http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1483 Hiphopapotamus Sat, 28 Jul 2007 18:46:00 +0000 http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1483 sorry, that's may 21 to present.. sorry, that’s may 21 to present..

]]> By: Hiphopapotamus http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1482 Hiphopapotamus Sat, 28 Jul 2007 18:45:00 +0000 http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1482 i have a question: i hear a lot right now how it's only the upper end of the market that is selling which explains why median prices hold steady even though sales are dropping. wouldn't this mean that the 25th percentile average list price would therefore be going down, while the 75th percentile is going up? yet when i look at the chart for la-long beach-glendale metro division (segment of la-long beach-santa ana msa)on housingtracker.net for april-present, the 25th and 75th are tracking even with the median. that would seem to indicate to me that prices are holding steady throughout the price scale. anyone have a different interpretation? here's the link: <br/> http://www.housingtracker.net/askingprices/California/LosAngeles-LongBeach-SantaAna/LosAngeles-LongBeach-Glendale i have a question: i hear a lot right now how it’s only the upper end of the market that is selling which explains why median prices hold steady even though sales are dropping. wouldn’t this mean that the 25th percentile average list price would therefore be going down, while the 75th percentile is going up? yet when i look at the chart for la-long beach-glendale metro division (segment of la-long beach-santa ana msa)on housingtracker.net for april-present, the 25th and 75th are tracking even with the median. that would seem to indicate to me that prices are holding steady throughout the price scale. anyone have a different interpretation? here’s the link:
http://www.housingtracker.net/askingprices/California/LosAngeles-LongBeach-SantaAna/LosAngeles-LongBeach-Glendale

]]> By: Michael http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1481 Michael Sat, 28 Jul 2007 12:59:00 +0000 http://www.doctorhousingbubble.com/housing-minsky-moment-3-factors-prime-contagion-record-foreclosures-and-publicity/#comment-1481 this bubble bursting will burn it's way into the hearts of people. it's not like the nasdaq bubble. the carnage is going to be much, much worse. the fed has used all their bullets. in places like California, it will take a minimum of 10-15 yrs. AFTER the bubble has burst for people to recover psychologically, if they recover at all. this bubble bursting will burn it’s way into the hearts of people. it’s not like the nasdaq bubble. the carnage is going to be much, much worse. the fed has used all their bullets. in places like California, it will take a minimum of 10-15 yrs. AFTER the bubble has burst for people to recover psychologically, if they recover at all.

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