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Waiting for an asset to appreciate

Waiting for an asset to appreciate

BaronAstor | Jan 22, 2013 02:56 PM ET MandyBrazil | Jan 22, 2013 12:31 PM ET Huh? Waiting for an asset to appreciate before selling it is fraud? You seem to have your thoughts on economics a bit skewed. Furthermore, substantially all of the banks which received TARP money have paid it back. It was a loan - not a grant, and it carried a 5% dividend, which none of the banks would want as they can ISSUE debt at lower rates than that. Banks played a role in the housing bubble - but politicians pulled the strings. Don`t be angry at a for profit entity trying to make......a profit!

RUOK2 | Jan 22, 2013 02:57 PM ET When the Interest rates start increasing, this will put a cap on the Pump and Dump housing bubble that is now forming!

bailyboo | Jan 22, 2013 03:15 PM ET Diane , I been looking at new homes here in Fl, In one community the price went up 39,000 in less than a year. Who is getting that kind of raise a year .Also if I brought a home in this community and the house next door paided 39,000 less I feel I be 39,000 under water. I FEEL THE LOW RATES our the issue and when they rise were back in trouble . imho And I been to other communities putting the prices way to high to fast .imho I like to see what happens when the rate go up again .

seveneleven | Jan 22, 2013 03:34 PM ET bailyboo | Jan 22,2013 03:15 PM ET I been looking at new homes here in Fl _______________________________________________________ I looked also....back in 2009.There where some great prices. Only problem was that...yes, I could buy a home at a low price like $100,000, that had listed previously for $500,000 only 2 years earlier but I would get stuck with Property Taxes on a $500,000 home !! I bought a better home in another state for a lesser price with no property taxes on the home that I purchased.....now Im free...I own my home with no Prop Taxes....3BR/2Ba all brick I can live on a few hundred a month...Fawk Taxes and Big Gov.

caugusti | Jan 22, 2013 03:35 PM ET Three years ago there was absolutely no foot traffic at my 3700 sf McMansion I was forced to get after a divorce. In the last few months I have had bids from 375 to 410K. 410K actually gets me to breakeven. But I have seen the market really change. I`m seeing relocations now and people from the Northeast wanting to move down to North Carolina again. It`s a sellers market, and I refused to sell at what my idiot broker wanted. It`s time to ride this housing bubble back up. We are indeed starting Bubble #2 with the Fed`s interest rate policy and I intend to ride it as I rode this BS down almost to bankruptcy. Housing as a risky investment: you bet!

somecommonsense | Jan 22, 2013 03:47 PM ET Supply and demand even if the supply is artifically low due to banking tactics. If you bought during the crash, you have equity to sell if you want. Activity is absolutely up and with rates today, people can buy. Oh yes demand is low, lower than normal but don`t kid yourself, there are many out there with funds and the credit rating to buy if they want to. Makes perfect economincal sense and thus is reality today. Rates are going up soon enough and then demand will be hampered even more. Today you can sell at this "premium" ...maybe not in 6 months though as reality/this artificial setting unwinds.

az1971 | Jan 22, 2013 05:34 PM ET @sidfeinberg | Jan 22, 2013 02:25 PM ET You need to buy now or get priced out forever. ----------------------------- The "experts" were saying the same thing back in 2005-2006. I bought in 2005 because I didn`t want to be priced out of the market entirely and ended up having my backside handed to me once the bubble collapsed. This is nothing new, and there is no reason for sustained price appreciation anywhere in the country when real wage growth has stagnated for at least 12 years and unemployment is at its highest level since the 1930`s. "Buy now or be priced out forever" sounds like something a realtor would be shrilling about.

AsianasSlover | Jan 22, 2013 07:23 PM ET It`s called inflation. It`s what happens when a government prints to much paper. Gold, is up, Real estate is up oil and food prices but don`t worry, those aren`t inflation indicators so don`t be alarmed, LOL!

moreEvolved | Jan 22, 2013 07:51 PM ET People are morons...I bet that 52 year old at the top is stocking up on Apple stock now too...old people don`t have a chance anymore...too jaded. I bought my house 2.5 years ago in the Bay Area, I was 25 at the time. I have over 70k in equity so far and the market is just starting to heat up. New construction is just starting to get going. I am looking to sell in spring 2015 after massive new freeways and infrastructure improvements are completed. If the world does not end between now and then, I expect to re-sell for well over double what I paid. Bought for under 300k, bubble value of close to 700k be happy when I sell for 600k+. 300k for doing nothing in a little over 5 years? lol tell me how your 401k stands next to that...not to mention not throwing mo






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End the Mortgage Interest Deduction? Expect a Fight - wall.street.Crooks | Feb 28, 2013 03:40 PM ET Go after the C0kksukkers that reap billion in profits and pay zero in income tax first. You can start with GE.

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