Tag

shelf life

Bubble-Resistant, Not Bubble-Proof: Why the Housing Market is More Stable Than the Stock Market

Stock “Comp’s” vs. Housing “Comp’s” If you want to buy 100 shares of Google or Amazon, what are the comp’s? How much the last Buyer paid a fraction of a second ago. After all, stock is fungible:  every share (at least common) is the same as every other. Nanoseconds vs. Weeks (Months?) Now, assume you...
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Listings, Shelf Life, & "The Ennui Factor"

How Much is Too Much Time on the Market? In most walks of life, qualities like patience and persistence are virtues. So when are they vices? In the housing market — at least one that’s not strongly appreciating.* That’s because homes that sit, unsold, for too long become shopworn. Buyers naturally start to wonder why...
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