Homebuilders' stocks continue to tumble. The market knows what is coming. The bubble is about to burst.
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
What's you point blogboy? Do you want everyone to live in a commune?
ReplyDeleteHow about looking at stocks in what I call the home support industry - Home Depot for example. Americans are not only spending more for housing than ever before, but also spenidng more to ensure that they have a high level of housing quality and comfort.
The sense of home, of place and belonging is very important to Americans, especially those in touch with traditional values or any values for that matter.
I forgive you for your blog, you are probably some poor latch key kid whose parents neglected and have never really felt home anywhere.
calton,
ReplyDeleteshut it. No more personal insults. Otherwise I will delete you comments.
As I see it...
ReplyDeleteWhen the sense in the price of a home/place of belonging becomes more important than common sense and out of touch with traditional valuations, any inflated values for that asset will eventually revert to a mean.
Nice chart David. :)
What is that chart?
ReplyDeleteYou can't graph % change on a line graph like that. Almost worthy of USAToday!
Get the book Visual display of quantitative information and study.
MG
Alan Abelson from Barron's frequently says that there are many reasons that insiders may sell their stock shares, but the expectation that the shares will rise isn't one of them.
ReplyDeleteMG - yeah you can, if you have 0 be some set number, and the percentages relate to how much the number at that time is above and below that number.
ReplyDeleteThe homebuilder stocks have had similar declines several times during the last five years. Using a decline as an indicator is not reliable.
ReplyDeleteAs I see it...
ReplyDeleteWhen the sense in the price of a home/place of belonging becomes more important than common sense and out of touch with traditional valuations, any inflated values for that asset will eventually revert to a mean.
Nice chart David. :)
To anonymous (who does not have the balls to state a real name) typical GOP right wing scum...
ReplyDelete'Alan Abelson from Barron's frequently says that there are many reasons that insiders may sell their stock shares, but the expectation that the shares will rise isn't one of them'.
Then why in your small dic*** pants would they sell?
calton,
ReplyDeleteshut it. No more personal insults. Otherwise I will delete you comments.
What is that chart?
ReplyDeleteYou can't graph % change on a line graph like that. Almost worthy of USAToday!
Get the book Visual display of quantitative information and study.
MG