Dec 27, 2010
Patrick of Patrick.net stops by to discuss the housing market. Much of what we discuss has been talked about before concerning housing but in this discussion we have the benefit of a long period of hindsight. We trace the housing crash from its origins through today and then Patrick offers his version of what the future holds for us. Patricks forecasting of the future is insightful because he incorporates the failures of other nations that have faced the same dilemma as the US (mainly Japan) and we are just re-tracing their steps.
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always so exciting when our work gets chseon to be featured in a blog like Groom Sold Separately!a0 Dan & Katie's wedding was such a fun one for us and I'm glad we get to show off
map” of what we see, and attempt to make our petrepcions conform to that map, but the ‘map is not the territory.’ We can’t function without some sort of mental map, but this same mental map can (and does)
Maybe your prices are too high? I have trulboe getting $40 ad blogs and $100 sponsored posts sold on my site (PR 2, Mozz 3.4, Alexa under 200K). $250 might be a little ambitious, especially when starting out. Try dropping the rates significantly for a month and see what happens. After all, something is better than nothing. Good luck and don't give up.
About that 90% drop in home prices...
http://theautomaticearth.blogspot.com/2010/12/december-23-2010-about-that-90-drop-in.html
Ilargi: One of the few things that Stoneleigh and I occasionally disagree on -and there really are but a few- is the rate at which real estate prices will decline. I proudly and steadfastly maintain that it will be 80+%, while she insists it will be 90%. Once you do the math, it’s obvious that's no basis for a healthy disagreement. We basically even agree on this one. Bummer!
The reactions to the fact that Stoneleigh mentioned her 90% prediction in her latest interview with Max Keiser are amusing. Not least of all Max' own immediate one, jokingly suggesting the segment may need to end up on the cutting room floor for being too extreme. Mostly, though, I've seen tons of people say that Stoneleigh is a loony doomer who has no idea what she says. Thing is, that would make me a loony doomer as well, and no, you ain't getting away with that one.
Of course we see where people are coming from; no-one who hasn‘t thoroughly thought this through could possibly see an 80-90% drop in home prices, and most who have can't either. However, that's where the Big Picture enters, stage left in five......