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This will continue on until the job market recovers.
There is no reason right now why homes prices should stabilize.
Nothing has been addressed economic wise that would say ok, we are heading in that direction
Vote Santorum! He will fix the job problem
Send women back into the home where they belong. Ban them from wearing shoes
Jobs don't dictate house prices, credit does. All we need is infinite leverage, and we can all be rich, with million dollar mortgages
SJ
2012 Mar 27, 12:29am
Cool now we need prices to drop another 50% in the RBA to bring things back to reality. Anyone with a 100-200k salary should be able to afford a home in the USA.
Vote Santorum! He will fix the job problem
Send women back into the home where they belong. Ban them from wearing shoes
Jobs don't dictate house prices, credit does. All we need is infinite leverage, and we can all be rich, with million dollar mortgages
Hahah Correct. But I do love the argument that jobs don't dictate home prices. Try to get a loan without a job, its not very easy to do anymore. Even with a job, it takes weeks of paperwork.
RentingForHalfTheCost
2012 Mar 27, 1:31am
Vote Santorum! He will fix the job problem
Send women back into the home where they belong. Ban them from wearing shoes
Jobs don't dictate house prices, credit does. All we need is infinite leverage, and we can all be rich, with million dollar mortgages
Hahah Correct. But I do love the argument that jobs don't dictate home prices. Try to get a loan without a job, its not very easy to do anymore. Even with a job, it takes weeks of paperwork.
Screw loans. Get a job, rent a piece of crap shack next to the freeway and work hard to starve the realtors, agents, banks, etc. They all want your money, f&*k em. They add no community value and should starve. The only thing they make is themselves rich off of your hard earned money. Scum of the earth.
Buy when you can, when you can afford to not need these greedy MFers. Rent a shack until you can afford.
Screw loans. Get a job, rent a piece of crap shack next to the freeway and work hard to starve the realtors, agents, banks, etc. They all want your money, f&*k em. They add no community value and should starve. The only thing they make is themselves rich off of your hard earned money. Scum of the earth.
Buy when you can, when you can afford to not need these greedy MFers. Rent a shack until you can afford.
Right, if you can't afford a house definitely don't get one. Save your money and rent. With taxes and everything you will actually make out.
Party time!
Excellent!
Hopefully we'll be back to 96 prices by 2016
So long as oBammers second term doesn't bring us anymore housing bailouts, buyers tax credits, or any other masures to meet their goal of Affordable Housing, by spending taxpayer monies, to make housing costs AND taxes go higher
#housing