Yep. Home ownership has come
Yep. Home ownership has come right back to 1980 levels and ... the people of this country are $12 trillion poorer.
View ArticleThere will be no "bottom" in
There will be no "bottom" in anything until the underlying problems are addressed.Testament to the idiocy of those in command, in fact there would be a "bottom" in all sectors if the populace...
View ArticleYou blew the final question.
You blew the final question. When she asked you what one thing would fix the economy (we all know there is no one solution, so the question was loaded, but...) the correct answer would simply be:...
View ArticleDEPRESSSION. Get it
DEPRESSSION. Get it right.Unless money starts to move through the hands that spend on things, the Depression will remain, terminal.A fuck story for all to see and lament for years to come this...
View ArticleWhere do the Celtics turn for
Where do the Celtics turn for scoring after they shoot 39 percent, and miss 10 of 21 free throws, and get destroyed on the boards? Ray Allen's damaged ankle has left him a shell of himself. He has no...
View ArticleYou really should think
You really should think outside the box, if you do indeed meet the income standards for a USDA loan.What is to stop you from calling your current home a rental?
View ArticleShakes the Balance Sheet
Shakes the Balance Sheet Clown. Available office parties, weddings, Bar mitzvahs and Gang Bangs.
View ArticleResidential real estate will
Residential real estate will continue to decline until the employment situation reverses itself. Why would anybody want to take out a 30 year mortgage to buy a home, only to be stuck with it when the...
View ArticleI think this is less of a
I think this is less of a bubble and more of a safety-net that is, clearly, full of holes. When the private sector pukes it runs to govt to bail it out. Housing was bailed out but the "net" has not...
View ArticleHey, Tyler, how about banning
Hey, Tyler, how about banning this poster? Been here for 6 days and has ONLY posted promotional shit for shoes?
View Articleso I shouldn't be expecting
so I shouldn't be expecting gold to hit $2000 again anytime soon?
View ArticleQ: How can the values of all
Q: How can the values of all companies increase without limit?A: Human beings can increase their productivity.Q: Why can the values of houses increase without limit?A: Err...
View ArticleThe American Dream was once
The American Dream was once considered a nice house with a neatly manicured yard encompassed by a white picket fence. Today the American Dream is a house of cards made from synthetic plastic waiting to...
View Article20 mins into my ambien I
20 mins into my ambien I figured it all out. WATERWORLD with Kevin Costner Rated Arrrrr
View ArticleJim Rogers says the money can
Jim Rogers says the money can be made by converting those into pig farms.
View ArticleThe bust was artificially
The bust was artificially engineered in the first place, so that those big capital holders can finally lower the living standards in the West before they move their entire farming machinery to the...
View ArticleI live in central Florida,
I live in central Florida, and I have rentals. You can buy small concrete houses for under 20k in foreclosure. Maybe 8k to renovate. These are 1000 sq ft with a carport. They rent easily for 500.00...
View ArticleAll principle enters commerce
All principle enters commerce as debt, but the interest is not created. Debt gets paid down with actual value added GDP, and then the money supply can increase and keep the scam going.In a...
View Article"While their own site says
"While their own site says they do not sell MBS's, in the 2010 financial report they suddenly had $4.2 billion worth in income from "morgages held for investment", which wasn't there at all in the 2009...
View ArticleHow many homes DO NOT have a
How many homes DO NOT have a mortage?If you own your home outright, does that make you the 1%?
View ArticleIf this Fukushima thing drags
If this Fukushima thing drags on, 40 million Californians may need to move East. Who knows, maybe a few million people from other parts of the Pacific might move over, too. That'll help demand for...
View ArticleKeep an eye on the price
Keep an eye on the price drops, de-listing/re-listings, etc:http://vancouverpricedrop.wordpress.com/The Housing Bubbles in the major cities are starting to pop, it's going to be epic. Saskatchewan will...
View ArticleNed is correct. The Gov is
Ned is correct. The Gov is the entire market. No sane bankster or investor (or you) would touch backing mortgages for a few percent interest. They would demand at least 7-10 percent for full doc...
View ArticleLove the weaponry angle, just
Love the weaponry angle, just bought a tack driving scope for my .22 LR. Screw the house payment.
View Articlekids today aren't even buying
kids today aren't even buying cars. The only thing they can afford is the latest iPhone. I doubt they will be buying homes en mass. Not with their debt oads.
View ArticleJust rent an industrial unit
Just rent an industrial unit and pretend your in business to survive. Pull an RV inside and good to go. Fire depts. are being cut anyway so inspections will be lax, leave your doors locked, make them...
View ArticleYou couldn't pay me enough to
You couldn't pay me enough to live in Massachusetts either.
View ArticleWell, some homes were worked
Well, some homes were worked on only to sit unlived... I suspect soon the scavengers will come. Vultures, all. They forgot one thing. We are upgrading, adding on and making changes etc to support our...
View ArticleBurn Baby Burn. There
Burn Baby Burn. There corrected for you. Sometimes I wonder if wall street has slaves sweating in the toil and labor shoveling falling paper into the furnaces to generate power and keep the traders...
View ArticleEvery year for the past three
Every year for the past three years there have been recurring calls for a housing bottom and recovery.As there was throughout the great depression - come on guys - don't you recognise history repeating...
View ArticleDefine soon. when gold was
Define soon. when gold was 250 about decades ago, interest payable to you approached 15% in some banks. No one imagined it will be 500 then 100 then make a run for 2000. Unfortunately the 50 dollar run...
View ArticleWe are outright and our
We are outright and our utilities cost less than local rent. I suppose that makes us the 1% but you must consider much much much more expensive things like access to a light jet, limo etc etc... things...
View ArticleThere are some who live in
There are some who live in storage units for 50 a month. The smell of frying chicken off the single overhead light wiring gives them away.
View ArticleCalifornia can drop into the
California can drop into the Ocean on the next big one. I would miss the Produce and some other good stuff shipped east. However we will adapt.
View ArticleIn Florida abour 45% of homes
In Florida abour 45% of homes are mortgage free ... The remaining 55% are mostly underwater ... I see a scenario similar to my aunt in Brooklyn ,, she bought a house in 1973 at the bottom of the market...
View ArticleAir cushion technology has
Air cushion technology has more than once let its shoe get the favour of many sports fans, whether professional air max nike series and pure and fresh running shoes or Air Max series etc, they are all...
View Article90+ percent of the "market"
90+ percent of the "market" is backed up by the government, which really means a giant backdoor tax on productive people who don't own homes or mortgages.The "shadow inventory" is 9+ million homes.The...
View ArticleThe credit report that shows
The credit report that shows a mortgage company as my only debt.
View Articlelike what? most of my
like what? most of my friends who want to own a vault just buy a vacant bankone guy with whom i did some deals about 25 years ago already had bought a bank building and rented out office and retail...
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