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Old 11-07-2007, 04:01 PM   #1 (permalink)
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Default Market crash! ouch!



well, time for Americans to stop living beyond their means.

This is the hugest drop in a while, weakest US Dollar, and Canada just PWned the US.
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Old 11-07-2007, 04:03 PM   #2 (permalink)
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.........soon it will be time to buy a house.........
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Old 11-07-2007, 04:14 PM   #3 (permalink)
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ahh the weak dollar....it was only a matter of time before its effect really took hold
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Old 11-07-2007, 04:14 PM   #4 (permalink)
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Yup.............all those guys that overextended buying houses, they are going to suck gas now.
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Old 11-07-2007, 04:37 PM   #5 (permalink)
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ahh the weak dollar....it was only a matter of time before its effect really took hold
canada kicked our ass. ridiculous, 1.08 exchange rate.

maybe we can get some tourism. kids from canada love to go to disneyland i hear.
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Old 11-07-2007, 04:42 PM   #6 (permalink)
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The 1.08 might reflect that Pam Anderson dumped Kid Rock.
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Old 11-07-2007, 04:52 PM   #7 (permalink)
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i was just talking to my mom. Since she is widowed and both of her sons are in school or are going to be in the fall, she wants to move into a condo.

Anyway, i told her to list the house in Euro's or CAD's. I think that is an excellent idea.
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Old 11-07-2007, 05:00 PM   #8 (permalink)
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.........soon it will be time to buy a house.........
My sentiments exactly!!
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Old 11-07-2007, 05:17 PM   #9 (permalink)
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My sentiments exactly!!
house.......GT-R


choices, choices........
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Old 11-07-2007, 07:21 PM   #10 (permalink)
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First, it's a correction not a crash superH. Get it right! You're scaring the little people.

I usually don't play the FX field but a few futures I bought paid off rather handsomely today.

I think the analysts are right in saying that the best time to buy a house will be around 3 to 4th quarter of '08.
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Old 11-07-2007, 07:33 PM   #11 (permalink)
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First, it's a correction not a crash superH. Get it right! You're scaring the little people.

I usually don't play the FX field but a few futures I bought paid off rather handsomely today.

I think the analysts are right in saying that the best time to buy a house will be around 3 to 4th quarter of '08.

That'll really screw up my GT-R plans. Damn.
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Old 11-07-2007, 07:41 PM   #12 (permalink)
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That'll really screw up my GT-R plans. Damn.
Well you can live in your GT-R till you can get that house. Should work for you since you usually live in a cave and all.

The housing mkt in Hawaii isn't affected by what's going on CONUS is it? I hardly see stuff budge in the HI.
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Old 11-07-2007, 07:45 PM   #13 (permalink)
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Well you can live in your GT-R till you can get that house. Should work for you since you usually live in a cave and all.

The housing mkt in Hawaii isn't affected by what's going on CONUS is it? I hardly see stuff budge in the HI.
Well actually the house is taken care of, but I wouldn't mind owning other property. In the long run it's the smart thing to do, but still the GT-R calls.

As of now the housing market in Hawaii seems to be leveling off a bit. Still a lot of development going on, but a lot of these seem to be timeshares and winterbird second homes.

We still have the lowest unemployement, but I just can't see the trend continuing for so long, it's got to fall sometime. I'm thinking if the mainland market starts to tank a lot of the secondary investors will need to cut their expenditures like cutting back on winter homes. It's Hawaii though so you never know, they may retain the property and use them as rental units. You can easily do this on Maui since it's dog eat dog out there for housing.
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Old 11-07-2007, 07:51 PM   #14 (permalink)
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Well actually the house is taken care of, but I wouldn't mind owning other property.
I guess it's easy for you since you live in a cave.
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Old 11-07-2007, 07:54 PM   #15 (permalink)
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I guess it's easy for you since you live in a cave.
I live on a ridge.
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