tag:blogger.com,1999:blog-7514357.post114503125784119949..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: What's another name for asticky illiquid?Rob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7514357.post-1145210347781935602006-04-16T10:59:00.000-07:002006-04-16T10:59:00.000-07:00Fair enough.Fair enough.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-1145207441729341272006-04-16T10:10:00.000-07:002006-04-16T10:10:00.000-07:00Anon, that's okay. I wouldn't publish controversi...Anon, that's okay. I wouldn't publish controversial opinions if I weren't prepared for honest criticism. I'd prefer a name attached but you might have your reasons. Anyway, I don't see what's wrong with declaring stickiness to be an obsolete concept. Seems to me all the old factors that contributed to it are gone or diminished. The biggest as I mentioned is that there are clearly some extremely dangerous combinations of particular houses and loans. 30 year old generic tract homes for $700,000 where the construction value is maybe $150,000 are not going to be sticky just because the last person paid $700,000. This is another outmoded aspect of sticky, replacement costs as downside resistance.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-1145203592727501002006-04-16T09:06:00.000-07:002006-04-16T09:06:00.000-07:00Robert, honestly, I am in no way intending insult ...Robert, honestly, I am in no way intending insult or disrespect here, but that is one of the most profoundly naive and ignorant (in it's true definition) opinions I've ever read.Anonymousnoreply@blogger.com