tag:blogger.com,1999:blog-6436290627248034888.post7399313923253620243..comments2023-06-22T04:45:54.673-04:00Comments on The Great Recession (2008-2010): Government bonds are acting upAdil Burneyhttp://www.blogger.com/profile/15716540441921591613noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6436290627248034888.post-56936065762668563632009-06-16T11:23:53.490-04:002009-06-16T11:23:53.490-04:00Hello Adil,
Thanks for the insight. What I don...Hello Adil,<br /><br />Thanks for the insight. What I don't understand is with higher unemployment RE is not where it should be. I guess first time buyers have simulated the market with lower interest rates. It does not make any sense why average home prices are not declining.<br /><br />SalilUnknownhttps://www.blogger.com/profile/10710430470006545895noreply@blogger.comtag:blogger.com,1999:blog-6436290627248034888.post-88155513378504287222009-06-16T00:30:16.368-04:002009-06-16T00:30:16.368-04:00bbc, great questions. will try to address these al...bbc, great questions. will try to address these all soon. thanksAdil Burneyhttps://www.blogger.com/profile/15716540441921591613noreply@blogger.comtag:blogger.com,1999:blog-6436290627248034888.post-44768446550744805342009-06-12T01:17:46.687-04:002009-06-12T01:17:46.687-04:00I feel like this is 'deja vu'!! I can rem...I feel like this is 'deja vu'!! I can remember as clear as day the dollar at par then gas at $1.25 per litre (I live in Vanc)....will this crash be faster than last years??<br /><br />What is your prediction for mortgage rates.....5-6%, 7-8% or higher? Do you think our Recession is in a 'W' or a 'W' with a flat line at the bottom...kinda like 'VL' shape?<br /><br />This is like a bad sequel.....'The Great Recession (2008-2010) 2'. The sad thing is that the first is usually better than the second. I am not looking forward to this!BBCnoreply@blogger.comtag:blogger.com,1999:blog-6436290627248034888.post-72442217484314449472009-06-11T15:20:44.222-04:002009-06-11T15:20:44.222-04:00Yes to the spiral. Bottom likely in 2010 or later....Yes to the spiral. Bottom likely in 2010 or later. The bottom will come when everyone stops talking about a bottom.<br /><br />RE market is in dreamland. I think the worst is yet to come for real estate in Canada....Adil Burneyhttps://www.blogger.com/profile/15716540441921591613noreply@blogger.comtag:blogger.com,1999:blog-6436290627248034888.post-43461244652509214202009-06-11T13:52:22.204-04:002009-06-11T13:52:22.204-04:00Adil, this is all scary stuff...but how do you thi...Adil, this is all scary stuff...but how do you think this will affect the RE market? In Toronto there has been a resurgence in home prices with local newspapers report bidding wars!!! Do you for see another downward spiral to the stock market...say a 7000 or even a 6000 point bottom in the fall?Anonymousnoreply@blogger.com