tag:blogger.com,1999:blog-480286723085387632.post6032607187368194909..comments2023-07-04T03:57:58.886-07:00Comments on Alberta Real Estate Watch: CREB: Motivational AnalysisBearClawhttp://www.blogger.com/profile/15714953167582532109noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-480286723085387632.post-11265834897695910462008-01-10T20:02:00.000-08:002008-01-10T20:02:00.000-08:00Wow, fantastic stuff, great graphs!Wow, fantastic stuff, great graphs!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-480286723085387632.post-75182349232491472322008-01-06T21:52:00.000-08:002008-01-06T21:52:00.000-08:00I guess it is all my personal analysis of the hous...I guess it is all my personal analysis of the housing market. But it all leads me to the same conclusions.<BR/><BR/>1) Price to rent ratios indicate severe overvaluations.<BR/>2) Carrying costs are in an unsustainable territory.<BR/>3) Collapse of asset bubbles often lead to recession.<BR/>4) Canadian recession indicators are higher than they've been since the last recession.<BR/>5) House prices are substantially above long term trends.<BR/><BR/>All this information indicates, that the recent price corrections probably aren't over. In my opinion, it will take several years or up to a decade to reach new highs.<BR/><BR/>Some of this information helps show how this asset bubble is different from other cycles. Particularly in the aberration of price to rent ratios, and price to household income ratios.Radley77https://www.blogger.com/profile/14825702358596382959noreply@blogger.comtag:blogger.com,1999:blog-480286723085387632.post-22139940268047806672008-01-06T21:21:00.000-08:002008-01-06T21:21:00.000-08:00Good to see you found a home for my graphs.I have ...Good to see you found a home for my graphs.<BR/><BR/>I have a couple more: if you are interested in posting them on your website I'd be more than happy for you to give them a permanent home.<BR/><BR/>Cheers.<BR/><BR/><A HREF="http://img120.imageshack.us/img120/4268/calgaryhousepricetohousdy8.png" REL="nofollow">Calgary historical house prices to household income ratio</A><BR/><BR/><A HREF="http://img229.imageshack.us/img229/521/carryingcostsforcalgaryrn0.png" REL="nofollow">Carrying Costs for Calgary House Prices</A><BR/><BR/><A HREF="http://img166.imageshack.us/img166/504/canadianrecessionrisksmu5.png" REL="nofollow">Probability of a Canadian recession approximately 1 in 8</A>Radley77https://www.blogger.com/profile/14825702358596382959noreply@blogger.comtag:blogger.com,1999:blog-480286723085387632.post-31540141464759934092008-01-03T20:46:00.000-08:002008-01-03T20:46:00.000-08:00good one bear..ereb should be out tommorowsquidgood one bear..ereb should be out tommorow<BR/><BR/>squidAnonymousnoreply@blogger.com