tag:blogger.com,1999:blog-8492416005551532574.post8382956155218456861..comments2024-01-09T08:21:38.158+02:00Comments on Finnish Housing Bubble Bursting - Asuntokupla: Clearly NO to Inflation pressureHousingFinlandhttp://www.blogger.com/profile/11208457813231210207noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8492416005551532574.post-46986522620372652052009-01-10T20:13:00.000+02:002009-01-10T20:13:00.000+02:00"one thing about this place is no matter how ..."one thing about this place is no matter how bearish you are you can always rely on HousingFinland to make you feel it really is the end of the world."<BR/><BR/>To Be honest, I never tough we could have so much deterioration in so little time. I knew for sure that we will have deterioration any banks behaved irresponsibly with regulators completely missing out the issues.<BR/><BR/>"it was a good time to invest in shares about now"<BR/><BR/>I wouldn't dare invest in any stocks, I think by summer we will be lower than we are today. But then again who knows there is too much uncertainties, especially when government start to intervene -as usually they make things worse, although they don't have much choice either it's Armageddon (end of the world ;-> as we know it) or a very severe recession, one that can be remembered for decades to come and the worse since the WWII.<BR/><BR/>But if you are a short term trader, it has never been so great because market are so volatile. You can get +-20% sometime in only few weeks. So the strategy will be to buy when there is a very big deep and the market panic, then sell only few days after. To be long invested is a non sense with those uncertainty: you will not see market rally as we had in 2003-2007 simply because the financial system is broken, households over-endebted.<BR/><BR/>regarding the bearinesh...I will say that last year some were saying that I was painting too bleak scenario...the point to remember is that in Finland we have not yet seen the visible impact of the crisis: sharp rise in unemployment, sharp fall in housing price, social tension and rising pessimism: all will happen from sometime this year until 2011-12?<BR/><BR/>But if you really want to invest or need too (kind of addict ;->), then it will be safer to do it in the summer (?). My feeling is that we will see stock market rise until March or april and then collapse around that time. But then again no one knows the future...<BR/><BR/>@Bill<BR/><BR/>Good you notice, I was just testing if one notice...;->HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-16007354156787966022009-01-10T16:40:00.000+02:002009-01-10T16:40:00.000+02:00you said a price rise from 20-30 euros, isn't that...you said a price rise from 20-30 euros, isn't that a 50% price increase..?Billpete002https://www.blogger.com/profile/07749131754358501693noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-37446171468961859222009-01-10T16:38:00.000+02:002009-01-10T16:38:00.000+02:00one thing about this place is no matter how bearis...one thing about this place is no matter how bearish you are you can always rely on HousingFinland to make you feel it really is the end of the world. Seems like only 4 months ago you were saying that it was a good time to invest in shares about now.<BR/><BR/>At the time i thought this was a bit odd but right now i am thinking that it could be a good idea if we can pick some survivors.<BR/><BR/>despair seems to be multiplying. now could be the time to get bargains?Anonymousnoreply@blogger.com