Cheap Money Creates "Wonderful Opportunity" for U.S. Real Estate, Says Jeff Matthews

It's creating an "asset babble" says Roubeni!

Hey....It was Mr. Greenspan....{Cheap Money}....That Started...THIS WHOLE FREAKING.....Financial Nightmare.....I Guess We Have...NOT ..Learned Anything..From The Past..!!!!

Remember in the late 1980s when the Japanese seemed to be buying up all our property? How did that work out? We Americans just need to find some new bagholders, that's all. Twenty years from now we can have some laughs over how the Chinese got taken.

What is really funny is the closing statements ... it becomes obvious that he does not even believe what he is peddeling ...

Some people buying into RE today, are starting to understand their Values, and Loans, will be Up-side-"down" in 6 months? Don't believe, Buy-In! It's a good Deal?

It's creating an "asset babble" says Roubeni!---------Roubeni, you mean the guy who is always a perma-bear and said we were going right to DOW 5000 in march.

However, "the good news is better than the bad news right now," Matthews declares, citing: (IRRELEVANT) – My clientele will DEFINITELY stop listening (and probably slug me) if I say something like “The good news is better than the bad news.” This guy has picked up some REALLY bad habits somewhere.

This guy is an idiot. Shadow inventory is real because the banks don't want to reveal how bad the losses will be. The amount of inventory that will hit the market in the upper band due to negative am loans is going to kill mid to high end re. Low end is mostly done. Buy Gold, and average in on the next major correction in equities.

It's okay, moral & legal;...Go Punch a speculator in the back of the head....it'll do ya some good.

Jump in the water is just fine ... fortunes can be made.... just turn on the TV at 2:00am every day and watch how it is done... You even get the hot babes .... and don't worry about the banks because they are still pulling off the same mortgage deals they have in the past ....

Hahaha, this is so great, even if we get a 10% correction into the end of the year, Blodget and Task and the rest the TT posters who think we are in a depression will have been so wrong this year. I thought we were supposed to have another crash in July, and then it was September and then October, hahhaha keep dreaming guys but the long term direction is up.

This guy has as much credibility with me as a used car saleman. Nevermind the shadow inventory that he mentions in passing, what about second bubble that we are creating with the Fed trying to push banks to loan to people who don't have the means and/or the job security? (I think I've seen this movie before, and it ends badly.)

You can either buy real estate to make money or you can scam folks like Turtletrader does.

u yahoos waiting for the market to crash... are being left behind... seeee ya....

Where ever your going, we don't want to be. BUH BYE.

I need more real estate investments about as much as I need a hole in my head.

Cheap money plays a role, but until incomes come in line with housing prices, housing market is doomed, no matter how much bribery Congress offers. According to latest reports, subprime borrowers (those with FICO of less than 660) already crossed 20% - at the same level as it was in 2006. So, to solve a problem created by subprime crisis, we create another subprime solution. Awesome, I say.

WILLIAM, IT WILL CRASH ON YOUR A--

Let these guys talk about the money they made. Watch and see how long they hold onto that flotsam when it starts to drop ... All you'll hear is how the gloom and doom people screwed the market.

I don't know what this guy is talking about. Let's get this right, new home sales were up 25%? Is this correct? Maybe it is! If you sell 4 homes last month and you sell 5 this month, that is, 1 more. That is a 25% increase, isn't it? So what is this statistical analysis tell - to me it is 1 more home. It's meaningless. Everything is still smoke and mirrors!