Comments on: Citigroup: House Prices to Fall for Two More Years http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html Sun, 22 Nov 2009 18:20:39 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html#comment-11698 Anonymous Sun, 20 Jul 2008 19:14:00 +0000 http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two-more-years/#comment-11698 Just two more years? Haha... that's a good one! Just two more years? Haha… that’s a good one!

]]> By: Anonymous http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html#comment-11696 Anonymous Sun, 20 Jul 2008 14:32:00 +0000 http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two-more-years/#comment-11696 If he said housing would decline for the next 10 to 15 years would everybody feel better? If he said housing would decline for the next 10 to 15 years would everybody feel better?

]]> By: Jojo http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html#comment-11688 Jojo Sun, 20 Jul 2008 08:10:00 +0000 http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two-more-years/#comment-11688 Hmmm! So if Citibank truly believes this and if they are still writing mortgages, are they getting 50% down payments now to cover their rears if this prediction proves to be right? If not, then their investors should be even more worried than they already are.<br/><br/>In any case, I am sure that predictions like this by the CHAIRMAN of Citibank sure makes people buying new homes relaxed and comfortable (not)! Hmmm! So if Citibank truly believes this and if they are still writing mortgages, are they getting 50% down payments now to cover their rears if this prediction proves to be right? If not, then their investors should be even more worried than they already are.

In any case, I am sure that predictions like this by the CHAIRMAN of Citibank sure makes people buying new homes relaxed and comfortable (not)!

]]> By: Anonymous http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html#comment-11684 Anonymous Sun, 20 Jul 2008 06:52:00 +0000 http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two-more-years/#comment-11684 Wall street had the housing bubble wrong for four years and they have lost $5 trillion, thus the obvious thing to do, is to save your pennies and ignore everything these crooks attempt to manipulate -- then watch your cash like a hawk!!! You can trust them to be crooked every time and God is my witness on that fact! Wall street had the housing bubble wrong for four years and they have lost $5 trillion, thus the obvious thing to do, is to save your pennies and ignore everything these crooks attempt to manipulate — then watch your cash like a hawk!!! You can trust them to be crooked every time and God is my witness on that fact!

]]> By: Tom Lindmark http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html#comment-11681 Tom Lindmark Sun, 20 Jul 2008 05:23:00 +0000 http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two-more-years/#comment-11681 A consensus seems to be forming around a timetable that calls for falling home prices for the next one to two years. Beware. The conventional wisdom is usually wtong in these situations or trying to talk up a book. When Wall Street tells you it's a continuing disaster, it may well mean that we want to snap up the bargains before you figure out what's going on.<br/><br/>Not sure that's the case here but keep in mind the ulterior motives when you read pieces like this. A consensus seems to be forming around a timetable that calls for falling home prices for the next one to two years. Beware. The conventional wisdom is usually wtong in these situations or trying to talk up a book. When Wall Street tells you it’s a continuing disaster, it may well mean that we want to snap up the bargains before you figure out what’s going on.

Not sure that’s the case here but keep in mind the ulterior motives when you read pieces like this.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two.html#comment-11674 Anonymous Sun, 20 Jul 2008 04:17:00 +0000 http://www.nakedcapitalism.com/2008/07/citigroup-house-prices-to-fall-for-two-more-years/#comment-11674 Bischoff is an optimist Bischoff is an optimist

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