Posted by Hank FL on October 25, 2003 at 15:13:24:
This time next year, I’m betting 30 year mortgage rates will be higher by 2 points.
3 points in 2 years ?
I don’t see how money can be so insanely cheap in a growing economy for much longer.
7% growth in Q3 ? - Posted by Hank FL
Posted by Hank FL on October 24, 2003 at 15:44:44:
Looks like strong growth for the foreseeable future.
http://www.nationalpost.com/financialpost/story.html?id=3B2223E6-AD71-45EA-80C6-0CE5CCF22FF7
If so, we keep the current administration. Not being political here, I’m just looking over the horizon at the tax & interest rate climate.
So expect higher interest rates(?) while the tax cuts stay. Inflation ???
Good forecast I’d say.
BUT, if one has properties where continued strong appreciation is the only upside; i.e. no equity & no cash flow, then would selling for cash now to cut one’s losses be a good idea ?
Re: 7% growth in Q3 ? - Posted by chris-atl
Posted by chris-atl on October 24, 2003 at 19:49:39:
I hope we do keep this current administration and I think we will. If any one of the 9 democrats were to be elected, it would be terrible for our economy because the first thing they all want to do is…all together now…RAISE TAXES, which would stunt this growth like you wouldn’t believe. As far as the economy is strong into next fall, Bush has no problem staying in office.