mikal1_IHB
New member
[quote author="LoudRoar" date=1231492877]<blockquote>
Actually, effective rents are falling and will continue to fall, and vacancies are rising. I can't realistically imagine that trend changing over the next year or two.</blockquote>
It is based on supply, demand, and chaos. Based on what we know now, rents next year will skyrocket.
Did anyone realistically think gas would go from $4.50 to $2.00? No, they didn't. They hurriedly invested in alternatives when reality hit them like a rock and it was too late, only to have the rug pulled from under them. I prefer to be the Socrates of investment. I don't know what is going to happen. I just know that anyone with certainty is living in fantasy land. You can only presume outcomes and calculate the risk, but even then, you cannot forsee everything.</blockquote>
What is it that "we know now"? I suspect I know where you're coming from, but I could be wrong.
The gas example made me LOL. The answer is yes, I realistically expected gas to return (not ALL the way, that doesn't typically happen) to prices based on "supply, demand, and chaos" as you like to describe it.
Actually, effective rents are falling and will continue to fall, and vacancies are rising. I can't realistically imagine that trend changing over the next year or two.</blockquote>
It is based on supply, demand, and chaos. Based on what we know now, rents next year will skyrocket.
Did anyone realistically think gas would go from $4.50 to $2.00? No, they didn't. They hurriedly invested in alternatives when reality hit them like a rock and it was too late, only to have the rug pulled from under them. I prefer to be the Socrates of investment. I don't know what is going to happen. I just know that anyone with certainty is living in fantasy land. You can only presume outcomes and calculate the risk, but even then, you cannot forsee everything.</blockquote>
What is it that "we know now"? I suspect I know where you're coming from, but I could be wrong.
The gas example made me LOL. The answer is yes, I realistically expected gas to return (not ALL the way, that doesn't typically happen) to prices based on "supply, demand, and chaos" as you like to describe it.