Comments on: Oil Prices - An Emotional Trigger For Real Estate http://realestate.bryanellis.com/173/oil-prices-an-emotional-trigger-for-real-estate/ The Internet's Most Respected Real Estate Investing Newsletter Sat, 20 Mar 2010 02:51:15 +0000 http://wordpress.org/?v=2.6.1 By: Patricia Rose http://realestate.bryanellis.com/173/oil-prices-an-emotional-trigger-for-real-estate/#comment-1225 Patricia Rose Tue, 22 Jul 2008 17:39:38 +0000 http://www.freerealestatetraining.com/?p=173#comment-1225 Dear Bryan : I don't know much about oil, (though I see the increase in prices), and I am very pretty new to RE investing. So, I can't really say much about the topic. Yet, one thing I can say,(and I shall) is the one thing I see here in your article. You are a sweetheart, optimistic, positive and all about moving in the right direction to get rid of "roadblocks" and the like, to make your (and ours as far as I'm concerned) come true, to live a better life and to try, always try even after we fail, try again, even if everybody says 'it's not going to work', you don't listen, just keep believing that it's possible because you believe in yourself. Besides, I'll remember now, "everything is possible with God" ... So, I'm not trying to preach, just want to say thank you for your positive outlook and the encouragement you bring to people. Colon found the Americas when everybody else wouldn't even set a foot in the water. Way to go Bryan !!! God bless you, and thanks again :) Patricia Dear Bryan :

I don’t know much about oil, (though I see the increase in prices), and I am very pretty new to RE investing.
So, I can’t really say much about the topic.
Yet, one thing I can say,(and I shall) is the one thing I see here in your article.
You are a sweetheart, optimistic, positive and all about moving in the right direction to get rid of “roadblocks” and the like, to make your (and ours as far as I’m concerned) come true, to live a better life and to try, always try even after we fail, try again, even if everybody says ‘it’s not going to work’, you don’t listen, just keep believing that it’s possible because you believe in yourself. Besides, I’ll remember now, “everything is possible with God” …
So, I’m not trying to preach, just want to say thank you for your positive outlook and the encouragement you bring to people. Colon found the Americas when everybody else wouldn’t even set a foot in the water.
Way to go Bryan !!! God bless you, and thanks again :)

Patricia

]]> By: Ron Borg http://realestate.bryanellis.com/173/oil-prices-an-emotional-trigger-for-real-estate/#comment-1224 Ron Borg Tue, 22 Jul 2008 16:06:13 +0000 http://www.freerealestatetraining.com/?p=173#comment-1224 Your assuming that as oil prices drop it will be reflected at the pump. In 2004, a barrel cost $30. Now its $127, a 425% increase. But in 2004, we were paying $1.50 per gallon and now it's at $4, a 275% increase. So if math serves me right, a gallon could be above $6 right now if it had the same increase in cost. What I am getting at is that we may see barrel cost go down but not necessarily at the pump. And while I agree with your assessment that consumer confidence does affect the housing market, the inflationary maneuvers of the government may have even more impact. Land and homes will do just fine once everyone realizes that the cost of everything is going up. <strong>You are correct about the less than perfect correlation between oil and gas. But there's stilla very high correlation that's easy enough for simpletons like me to observe. :-) Thanks for your comments! -- <a href="http://www.BryanEllis.com" target="_blank" rel="nofollow">Bryan Ellis</a></strong> Your assuming that as oil prices drop it will be reflected at the pump. In 2004, a barrel cost $30. Now its $127, a 425% increase.
But in 2004, we were paying $1.50 per gallon and now it’s at $4, a 275% increase. So if math serves me right, a gallon could be above $6 right now if it had the same increase in cost. What I am getting at is that we may see barrel cost go down but not necessarily at the pump. And while I agree with your assessment that consumer confidence does affect the housing market, the inflationary maneuvers of the government may have even more impact. Land and homes will do just fine once everyone realizes that the cost of everything is going up.

You are correct about the less than perfect correlation between oil and gas. But there’s stilla very high correlation that’s easy enough for simpletons like me to observe. :-) Thanks for your comments! — Bryan Ellis

]]> By: Jack Sparks http://realestate.bryanellis.com/173/oil-prices-an-emotional-trigger-for-real-estate/#comment-1222 Jack Sparks Tue, 22 Jul 2008 14:42:51 +0000 http://www.freerealestatetraining.com/?p=173#comment-1222 You're an incurable optimist. But I think you're right. You’re an incurable optimist. But I think you’re right.

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