Archive for November 1st, 2007

Solutions for 14 all-too-common storage dilemmas

Thursday, November 1st, 2007

Any bath, no matter what its size, can always use more storage. Here are our favorite solutions for 14 all-too-common storage dilemmas.

1.Linear Storage

Problem: You don’t have the floor space to add storage units.

Solution: Without using a lot of wall space, this modern shelf offers ample storage. Oversize baskets maximize the amount of stuff each shelf can hold. For a symmetrical look, top each shelf with identical storage boxes or baskets.

2.Flex Your Storage

Problem: You rent, but you still want stylish bathroom storage.

Now what

Thursday, November 1st, 2007

The FED gave what market wanted but took away the certainty of another rate cut (it all data dependent from now on again ). Now that the suspense is gone, It is the time to do a reality check.

There are still a lot of bulls out there, this is so evident by the fact that the any news is a good news. Every piece of news is spinned to favor the bulls.

Tech is still strong, it is believed that the tech will not be affected by the financial woes and the lower dollar will help tech export.

Strange situation

Thursday, November 1st, 2007

I looked at last 50 years, housing market slump was always behind a big job loss. In fact, past slumps had been caused by job loss on a local scale without exception.

This time something strange is happening. Job picture seems to be fine. Big conglomerate companies are making huge monies on a global scale. Weak dollars are helping them sell at a competitive pricing. Exports are growing. Definitely, we can conclude that this housing slump is not caused by the traditional factor: Job loss. Is it caused by subprime credit crunch? No, because this slump started in late 2005 and early 2006, long before the subprime became a problem. The subprime issue simply worsened the slump but it was not the cause.

Housing market has a self regulating valve?

Thursday, November 1st, 2007

You said:

“what else could be the reason which pushed housing price so high over the last five years? You think people get a while lot richers in five years by salary and/or so-called investment? forget it.”

My comment on this is: From 1990 to 1998, housing price was depressed for 8 years while inflation has raised people’s income. Relative to housing, at around 1998, housing did look very cheap and affordable. In relative terms, people in 1998 was indeed a lot richer in terms of buying power than they are today in 2007. Easy credit was a helping factor, but not a dominating cause. Back in 1998 to 2000 period, even without the helping factor, I bet the housing market was ready for a boom due to this high buying power and relative cheap housing price ratio.

Housing bubble hasn’t burst yet

Thursday, November 1st, 2007

We are in a housing bubble and it hasn’t burst. History says it hasn’t burst. Housing starts for September 2007 were according to 868,000. Prior to 1997, 868,000 single family homes had never been sold in a given year in US history. Every day news we hear is fiction. In all years prior to 1997, the current housing starts would be considered a massive housing boom, something that would surely over heat the economy.

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