10 Reasons It's A Terrible Time To Buy An Expensive House


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Property taxes going up in CA
By FortWayne in RealEstate   5 comments, latest 3 minutes ago:
curious2 says FortWayne says Are they going to prop 13, or to some arbitrary government decided value? The adjusted value is either the Prop 13 limit or the reduced assessment that the owner got due...

Heroes for Freedom Eager to Use Women as Human Shields in Bundypalooza Shootouts
By APOCALYPSEFUCKisShostikovitch in Politics   13 comments, latest 4 minutes ago:
FortWayne says This is what second amendment was meant to be. Who gives a damn about free speech if you can't enforce it! And nothing enforces your rights like a gun.

Fixing the broken lower rungs of the property ladder
By golfplan18 in RealEstate in Irvine CA 92620   5 comments, latest 9 minutes ago:
mmmarvel says Funny (in a scary kind of way). Down here I'm hearing ads that I haven't heard for many years. Yes, you can buy for 0% down AND not have PMI. Uh, I don't...

Apples's offshore tax shelters
By tovarichpeter in Misc in South San Francisco CA 94080   4 comments, latest 11 minutes ago:
control point says Heraclitusstudent says Profits should be taxed automatically where sales are occurring. They are. Problem is in some locales there are no corporate income taxes on foreign (or any) firm. If they are...

Is this Romney's 47%?
By sbh in Politics   57 comments, latest 12 minutes ago:
FortWayne says clambo says I say cut off their money so they have no temptation to blow it on all kinds of adventures whether in the middle east, washington DC, or the Bronx projects. Give...

Tell me anything that you hate about Republicans the most.
By CaptainShuddup in Politics   31 comments, latest 15 minutes ago:
sbh says lostand confused says unless Hillary runs-then will vote against. She's gotta be good for something.

Japans Population Shrinks for Third Year
By Heraclitusstudent in Economics   56 comments, latest 34 minutes ago:
New Renter says APOCALYPSEFUCKisShostikovitch says Japan needs Pestorkapalooza, a 14 day holiday to promote heterosexual fucking. Some Japanese already do: http://www.huffingtonpost.com/ Apparently it works. Hell it may be the only thing keeping Japan's population from...

Ukraine Separatists Seize Six Armored Personnel Carriers, Parade Them in 2 Towns
By Mish in Economics   posted 36 minutes ago:
Ukraine Separatists Seize Six Armored Personnel Carriers, Parade Them in Two Towns http://globaleconomicanalysis. Mish

The Housing Recovery That Never Was is Over
By smaulgld in RealEstate   39 comments, latest 51 minutes ago:
varmint says smaulgld says the trend is towards more inventory and no increase in demand I see it the other way around, but with the same outcome. The trend is towards decreased demand. People are...

LA prices soar, sales plument
By tovarichpeter in RealEstate in South San Francisco CA 94080   posted 55 minutes ago:
http://www.latimes.com/busines Southern California home prices are surging as the spring buying season heats up, with the median price in March hitting $400,000 for the first time in six years. But a deeper look at the...

Yoga Enthusiast, 68, Busted For Masturbating in Public
By zzyzzx in Crime in Alexandria VA 22309   16 comments, latest 57 minutes ago:
Ceffer says Strategist says zzyzzx says How come it's always the men who do these things. Are women more decent? When men do it, they are arrested. When women do it, men throw money.

Two-thirds of employers plan to hire new college grads
By tvgnus in Jobs   6 comments, latest 59 minutes ago:
Rin says John Bailo says Being contacted more frequently (not as much as in the tech heyday) for job opportunities (for many years, it has been nil) out of the blue. The thing is that...

Governor calls special session of Legislature
By tvgnus in Misc   posted 59 minutes ago:
http://www.centralvalleybusine Wants to replace Rainy Day Fund •  We simply must prevent the massive deficits of the last decade A special session of the Legislature has been called by the governor to replace Californias Rainy...

Rent Increase or Purchasing Power Decline?
By John Bailo in RealEstate in Kent WA 98030   posted 1 hour ago:
Seems to me the underlying trend is not increasing house prices so much as decreasing purchasing power of the dollar. What we see here is 2012 1 Year Change 3 Year Change Median Gross Rent...

Will This Induce the GOP to Reform or Double Down on Repeal?
By sbh in Politics   11 comments, latest 1 hour ago:
APOCALYPSEFUCKisShostikovitch says That's because they've never experienced the power and glory of the real GOP health care plan: plunging pitchforks through the torsos of the elderly and dying and pissing on their faces. Once they...

Case-Shiller House Prices Dip For 2nd Straight Month In December
By Patrick in RealEstate in Menlo Park CA 94025   64 comments, latest 1 hour ago:
Bigsby says RentingForHalfTheCost says Using the date of a post as the date of a trade is making a lot of assumptions. You have to laugh. RentingForHalfTheCost says Nasdaq baby. I guess that's why all...

My take on the soft existing home sales numbers today
By Logan Mohtashami in RealEstate in Irvine CA 92603   205 comments, latest 1 hour ago:
Logan Mohtashami says Logan Mohtashami ‏@LoganMohtashami #Fed #Yellen #CNBC Fed can't solve this problem

Detroit Sells Homes for $1,000
By zzyzzx in RealEstate in Baltimore MD 21230   12 comments, latest 1 hour ago:
bob2356 says Reality says Out of curiosity, what did he do with the firehouse? Lived in it believe it or not. Lost track of him, don't know the final outcome.

Bulls Be Prepared To Eat CROW!
By Bubbabear in Economics   19 comments, latest 2 hours ago:
sbh says Strategist says We Americans have become weak. and stupid, obviously:

The croniest of cronies
By indigenous in Misc   posted 2 hours ago:

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RealEstate News

Fri 11 Apr 2014
Fixing the broken lower rungs of the property ladder(sponsored link)
JPMorgan's Jamie Dimon thinks interest rates will double (cnn.com)17 comments
Man Pleads Guilty to Inflating Purchase Prices on 100 Residences (mortgagefraudblog.com)0 comments
Homes sales in D.C. region fall for third straight month (washingtonpost.com)2 comments
Homes sales in D.C. region fall for third straight month (washingtonpost.com)2 comments
How to really celebrate Tax Day (cepr.net)0 comments
Miami leads in foreclosures in first quarter (miamiherald.com)7 comments
Orlando ranked first in nation in foreclosure activity in March (orlandosentinel.com)0 comments
House sales in DC fall for 3rd straight month (washingtonpost.com)2 comments
150 Homeless in Palo Alto (wsj.com)19 comments
Toxic loan peddlers failed to foresee the housing crash (ochousingnews.com)18 comments
Trailer Parks Lure Investors Pursuing Double-Wide Returns (bloomberg.com)5 comments
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The Housing Trap

You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50
Kindle version available for $8.00
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