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  1. W

    Why NOT to buy in the USA?

    Moody's: US Home Price Rise Won't Match Inflation Until 2012 Monday, August 30, 2010 - 11:05 WASHINGTON (MN) - Supply and balance imbalances will likely continue to drive U.S. home prices down through early 2011, but Moody's doesn't expect price appreciation to match the pace of inflation...
  2. W

    Why NOT to buy in the USA?

    So is 362 a good price ????? :) I've contemplated the pros and cons of the US off and on for yonks....nearly fell out of my chair when several years ago one SSer bought in Buffalo.....cos I've been there. Then it was Mr McKnight and Dymhna's turn.... When GFC hit, I was in contact with a...
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    Why NOT to buy in the USA?

    Much respected opinion is saying the US are already in recession, or if not, heading towards the beginning of a protracted recession later this year. no worries Pendo. It does ring true. You have to respect Pimco for sending researchers out into the field to report on REAs and lenders. That...
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    Why NOT to buy in the USA?

    Here's recent opinions of two guys I listen to re the USA. Jim Rogers Pimco 2nd in charge Mohamed El-Erian
  5. W

    Why NOT to buy in the USA?

    Tracey, were you holding property in the 90s? Some parts of Brisbane saw rents flat from 89 to 94. CPI eroded the $ ~19% Many smart people are saying the US will experience high inflation, deteriorating employment, and stagnant wages for some time. If you are vague on what drives property and...
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    Why NOT to buy in the USA?

    IMHO, there are forces coming into play that could see the USA go into a severe recession, and perhaps depression. Whatever, their economy has to contract significantly because they cannnot grow household debt further, nor can they obtain credit as easily. One of the sectors quite bearish about...
  7. W

    Why NOT to buy in the USA?

    You are a good researcher regarding fine detail Tracey. And I'd encourage you to apply your logical mind to researching the US macroeconomic future. I read prolifically about what is happening there and most are saying the bottom is a ways off yet. It isn't just a matter of sub prime unwinding...
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