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patientrenter
15 years ago

LoL! Best financial chart
LoL! Best financial chart I’ve seen in a while. You have a great weekend too, Rich.

peterb
15 years ago
Reply to  patientrenter

Gator divergence. It’ll bite
Gator divergence. It’ll bite ya.

Looks like asking is near to $260/sq.ft. and closing at $210/sq.ft.
So a 1500 sq ft house is selling for ~$300K, but they were asking ~$390K. Perhaps it’s banks listing at debt and the market keeps lowering? Seems counter intuitive for this divergence to be occuring in a free market.

NotCranky
15 years ago
Reply to  peterb

Rich,
Good luck to the very

Rich,
Good luck to the very informative “Voice of San Diego”. I have appreciated articles by Scott and ,of course, yours. My better half and I will tune in tomorrow.Procrastinating plenty thanks.
Take care.

peterb
15 years ago
Reply to  NotCranky

Did they pod cast it?
Did they pod cast it?

peterb
15 years ago
Reply to  Rich Toscano

Rich, thanks. I thought it
Rich, thanks. I thought it went very well. decent arguements, flowed well. Cant wait to get my check from the govt for a $1M.

barnaby33
15 years ago

Thats as good as the
Thats as good as the calculated risk graph of the Dow that traces out the mortgage pig!
Josh

mixxalot
15 years ago

Rich,
You were great on KOGO

Rich,

You were great on KOGO today! Way to go.

sdduuuude
15 years ago

Surprised you didn’t work a
Surprised you didn’t work a Doug Henning background into this.

(former)FormerSanDiegan
Reply to  Rich Toscano

It is extremely vital that we
It is extremely vital that we resolve the Doug Henning mustache model vs. the Alligator model. Personally I am in the Mustache camp. I expect the trend to fully trace around the mouth and converge somewhere around the famed magician’s chin (If he only had a beard, that would be perfect). In the long run these things must converge. I don’t think the divergent alligator model is sustainable in the long run.