90098699556lso, I will pledge next week, your market insight is spot on, and I would like to repost it to about 30K or so RE agents across America. Hopefully they will enjoy it and pledge as well. Would you have any problems with me doing that. Additionally, I am getting a startup I invested in some capital next week in NY. We will host professional dashboards and homeowner dashboards, and I would like for your data to be syndicated out to them with your permission and fees.
NIK, we have only spoken once on the phone, but I have read your material and I know that you have tremendous, but I have some questions on your recent call on the future direction of housing prices.
First, what makes you think that all the other regionals are not insolvent if they were forced to take proper marks on their tier one assets. At least 500 banks would be shuttered on Monday afternoon if the current administration let Regulators have access. This is not like the last criminal circus that banks caused, but had the FED not stepped in to start buying the Treasuries off lenders balance sheets at a premium, the S&P would be 9% lower.
Also, when we round out at approximately a 28% decline in housing from peak to trough, is that the support level you are utilizing to gauge this huge burst you expect in long term prices. After building support at much lower levels, why would the housing market have this meteoric rise, versus... moving higher at the same growth rates as household income?
Either way, you are a super-sharp guy, and I would like to discuss an opportunity that may become available in the very near future.
I am still interested in your product. How did it go with my buddy David Weinberger. His firm manages about $850 million in fixed assets. What you do is right up your alley. I checked out Point for a friend, and after 4 months of doing nothing (no capital to fill equity contracts) the terms they finally offered in January were unreasonable and a drastic change from what they originally offered last August... rising interest rates practically destroyed their business model... what are you doing different?
90098699556lso, I will pledge next week, your market insight is spot on, and I would like to repost it to about 30K or so RE agents across America. Hopefully they will enjoy it and pledge as well. Would you have any problems with me doing that. Additionally, I am getting a startup I invested in some capital next week in NY. We will host professional dashboards and homeowner dashboards, and I would like for your data to be syndicated out to them with your permission and fees.
NIK, we have only spoken once on the phone, but I have read your material and I know that you have tremendous, but I have some questions on your recent call on the future direction of housing prices.
First, what makes you think that all the other regionals are not insolvent if they were forced to take proper marks on their tier one assets. At least 500 banks would be shuttered on Monday afternoon if the current administration let Regulators have access. This is not like the last criminal circus that banks caused, but had the FED not stepped in to start buying the Treasuries off lenders balance sheets at a premium, the S&P would be 9% lower.
Also, when we round out at approximately a 28% decline in housing from peak to trough, is that the support level you are utilizing to gauge this huge burst you expect in long term prices. After building support at much lower levels, why would the housing market have this meteoric rise, versus... moving higher at the same growth rates as household income?
Either way, you are a super-sharp guy, and I would like to discuss an opportunity that may become available in the very near future.
Thanks Nik..
Jimmy D.
Hey Jimmy
Re: Banks: Yes agreed, liquidity crisis remains a systemic risk.
Re: Post 2012 Rise: Home prices rose quickly since due to improving affordability and low housing supply (both from low resales and low new builds)
Re: Let's chat more, sure, I'll email you
I am still interested in your product. How did it go with my buddy David Weinberger. His firm manages about $850 million in fixed assets. What you do is right up your alley. I checked out Point for a friend, and after 4 months of doing nothing (no capital to fill equity contracts) the terms they finally offered in January were unreasonable and a drastic change from what they originally offered last August... rising interest rates practically destroyed their business model... what are you doing different?