A bullish tidbit
Started by jason10006
over 14 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
From my Nasdaq weekly email: "Foreign born buyers purchased $82 billion of U.S. homes over the past year; a 24% increase" I assume they mean YOY. I assume its from this BN story. http://www.bloomberg.com/news/2011-05-18/u-s-home-purchases-by-internationals-rose-24-in-past-year-as-prices-fell.html
In other news:
"Time To Celebrate The Recovery: Food Stamp Usage Hits Fresh Record"
"That average monthly benefit of $133.24 for 44.199 million people will help with the purchase of one third of a very edible iPad."
http://www.zerohedge.com/article/time-celebrate-recovery-food-stamp-usage-hits-fresh-record
Must have been the Irish carpenter again.
They all look japanese to me.
I hear Greeks are buying in Astoria. Safer than stockpiling hummus, or is it?, riversider?
Well pulaski, I have to share bullish RE news when I see it, even if I am a perma-bear! I am not Fox News, you know! I see the other side occasionally!
The idiocy seems endless.
"Foreign-born buyers took advantage of falling property prices to purchase $82 billion of U.S. homes over the past year, a 24 percent increase, according to a report by the National Association of Realtors."
OK, so they went from $66 billion to $82 billion for a net increase of $16 billion for all "foreign-born buyers" whatever their definition.
"About half of the sales were to immigrants who moved to the U.S. within the past two years and people with visas, whose purchases rose to $41 billion from $25 billion. International investors accounted for the other half."
OK, so immigrants went from $25 billion to $41 billion: an increase of $16 billion. So, that means international investors remained flat at $41 billion.
nice catch inonada...
So, if declining dollar gets you FLAT, how bad is it going to be with a dollar bounce?
http://life.globaltimes.cn/life/2011-06/661408.html
Teenager sells kidney for ipad2
>even if I am a perma-bear!
What kind of asshole is a "perma-bear" or perma-anything for that matter. Things to Jason are always bad? Nothing will ever be good? Ever? No matter what?
You and columbiacounty would make a great couple.