pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
September Price Trends
- Thread starter pricescope
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aljdewey
Ideal_Rock
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- Nov 25, 2002
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pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
pricescope
Ideal_Rock
- Joined
- Dec 31, 1999
- Messages
- 8,266
- Joined
- Sep 3, 2000
- Messages
- 6,743
A few rules apply.
What we see is a DEFINITE UP trend. What goes up invariably comes down somewhere along the line. It may not be for a while and probably won't go back below a certain point of balance. No one can predict the time frame.
It will not continually rise endlessly. While we all LOVE diamonds, they are not the perceived necessity of housing, nor are they truly as limited in supply as desireable real estate. Real estate has surely gone sky high and will rise even more for those places where jobs are prevalent, schools are decent, and live has possibilities. Real estate in rural areas, inner cities where crime is more a way of life than education, and existence is dangerous and unpleasant do not share in the rise of real estate prices to any great extent.
Interest rates rising may curb real estate prices eventually. Diamonds being mostly bought without credit are less affected by interest rates, but more by our perception of our quality of life. If we see preceived income as stagnant or falling, diamonds become less desired. In an affluent period, diamonds and the other touches of perceived wealth; fine cars, fine food, fine clothes, overseas vacations, etc, are all part of a rising scene. While we hope the party never will come to an end, it is much safer to predict that it will. Saying when would be the tricky part.
Save a few bucks for the eventual "rainy day", would be good advice.
What we see is a DEFINITE UP trend. What goes up invariably comes down somewhere along the line. It may not be for a while and probably won't go back below a certain point of balance. No one can predict the time frame.
It will not continually rise endlessly. While we all LOVE diamonds, they are not the perceived necessity of housing, nor are they truly as limited in supply as desireable real estate. Real estate has surely gone sky high and will rise even more for those places where jobs are prevalent, schools are decent, and live has possibilities. Real estate in rural areas, inner cities where crime is more a way of life than education, and existence is dangerous and unpleasant do not share in the rise of real estate prices to any great extent.
Interest rates rising may curb real estate prices eventually. Diamonds being mostly bought without credit are less affected by interest rates, but more by our perception of our quality of life. If we see preceived income as stagnant or falling, diamonds become less desired. In an affluent period, diamonds and the other touches of perceived wealth; fine cars, fine food, fine clothes, overseas vacations, etc, are all part of a rising scene. While we hope the party never will come to an end, it is much safer to predict that it will. Saying when would be the tricky part.
Save a few bucks for the eventual "rainy day", would be good advice.
- Status
Past, Present, Future: The Meaning of Three-Stone Engagement Rings
Past, Present, Future: The Meaning of Three-Stone Engagement Rings - 04/14
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