Comments on: It Ain’t Over ‘Til It’s Over — But So Far This Hasn’t Been As Bad As the Early ’80′s http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/?utm_source=rss&utm_medium=rss&utm_campaign=it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s Real Estate Investing Through Purposeful Planning Sun, 20 May 2012 02:11:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BawldGuy http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2005 BawldGuy Thu, 21 Feb 2008 03:24:07 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2005 Tim -- your points are all well made. Still, tainted formulas or not, the financial markets remain the real barometer of both inflation and (horror) deflation. I refuse to imagine how terrible this correction would be with the '80's interests rates were today's. Wow. I like your comment Tim -- keep coming here. Tim — your points are all well made. Still, tainted formulas or not, the financial markets remain the real barometer of both inflation and (horror) deflation.

I refuse to imagine how terrible this correction would be with the ’80′s interests rates were today’s. Wow.

I like your comment Tim — keep coming here.

]]> By: Tim http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2004 Tim Wed, 20 Feb 2008 22:50:53 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2004 Hi, I agree with your basic premise - that things have been much worse from an interest rate perspective. Yet there are several large macro-economic differences that are often left unsaid that impact the affordability of property - and the health of our economy. 1) Middle-class wages are drastically lower in constant dollars. 2) Price of housing (rents or buying) are significantly higher as a % of income. 3) Inflation then was calculated differently than it is today - today's inflation rates are grossly underreported. 4) Our low interest rates are financed largely by middle-east countries and the Chinese. This is not sustainable forever. At today's rent/property cost ratios, consider how difficult it would be to buy income property if rates were as high as they were in the early 80s? (OK, this comment is way off topic, but I was compelled to comment. I enjoy the blog.) Hi, I agree with your basic premise – that things have been much worse from an interest rate perspective. Yet there are several large macro-economic differences that are often left unsaid that impact the affordability of property – and the health of our economy.

1) Middle-class wages are drastically lower in constant dollars.

2) Price of housing (rents or buying) are significantly higher as a % of income.

3) Inflation then was calculated differently than it is today – today’s inflation rates are grossly underreported.

4) Our low interest rates are financed largely by middle-east countries and the Chinese. This is not sustainable forever.

At today’s rent/property cost ratios, consider how difficult it would be to buy income property if rates were as high as they were in the early 80s?

(OK, this comment is way off topic, but I was compelled to comment. I enjoy the blog.)

]]> By: BawldGuy http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2003 BawldGuy Tue, 19 Feb 2008 02:56:03 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2003 Dru -- Correctamundo! Don't be a stranger, and tell my buddy Russell I said hi. :) Dru — Correctamundo!

Don’t be a stranger, and tell my buddy Russell I said hi. :)

]]> By: Dru Bloomfield http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2002 Dru Bloomfield Tue, 19 Feb 2008 01:38:50 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2002 Buffet Buffet

]]> By: BawldGuy http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2001 BawldGuy Sun, 17 Feb 2008 06:10:36 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2001 Benjamin F -- Nope, but a pretty solid guess. Hint: This person is older than Trump. Benjamin F — Nope, but a pretty solid guess.

Hint: This person is older than Trump.

]]> By: Benjamin Ficker http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2000 Benjamin Ficker Sun, 17 Feb 2008 05:32:56 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-2000 Trump? Trump?

]]> By: BawldGuy http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-1999 BawldGuy Sun, 17 Feb 2008 04:20:48 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-1999 Benjamin -- Since Brian was in high school at the time, the answer would be no. But I'm sure he'll be flattered, as that wasn't a bad guess. Benjamin — Since Brian was in high school at the time, the answer would be no. But I’m sure he’ll be flattered, as that wasn’t a bad guess.

]]> By: Benjamin Bach http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-1998 Benjamin Bach Sun, 17 Feb 2008 04:17:06 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-1998 Brady Brady

]]> By: It Ain’t Over ‘Til It’s Over | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investments http://bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-1997 It Ain’t Over ‘Til It’s Over | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investments Sun, 17 Feb 2008 03:57:03 +0000 http://www.bawldguy.com/it-aint-over-til-its-over-but-so-far-this-hasnt-been-as-bad-as-the-early-80s/#comment-1997 [...] It Ain’t Over ‘Til It’s Over [...] [...] It Ain’t Over ‘Til It’s Over [...]

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