It's 2007. Anyone think housing is NOT going to tank more this year? Or would that take a minor miracle?
Get your predictions in now - name your city and country and guess the median home price decline (or rise - he he he) for 2007.
January 01, 2007
HousingPanic Stupid Question of the Day
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222 comments:
«Oldest ‹Older 201 – 222 of 222way back when in college I actually fell for this anti-government crap. then a funny thing happened, i grew up and realized what a bunch of garbage all this fear of the government is and how freaking nuts the leaders of the movement really are
correcting for inflation the real rises in those periods were approx
2001-05: 26.3%
1981-85: 5.5%
1971-75: 18.1%
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Please show calculation. The 81-85 seems way too low to go from 33% nominal to 5.5% real and 26.3% seem too low for 01-05 considering the act we were flirting with deflation for a while in 2002
What inflation numbers are you using for what source?
ha ha ha
so patches is not only an ex-army piece of white trash, neo-nazi, ghetto apartment living piece of filth, he's also a gambling addict...priceless
say hi to everyone next door in 3B...Jose, Miguel, Alberto, the other Jose, Jesus, the other Jesus, Paco and the other other Jose
I'll say it again: focusing on incomes is misguided. We need to focus on prices and costs. Of everything.
If you just give people more money to buy homes (through low interest rates, higher ltv ratios, 'innovative' mortgage products such as IOs, option arms and arms) then people will just spend more money on the same homes. The average homeowner is not better off.
We need to focus on how to make a 'better' home using less resources (labour, capital, land, natural resources).
i love when people who use the word loose in place of the word lose think anyone takes anything they say seriously
average home in the 1970s was 1500 sq ft. Avergae home today is 2400 sq ft. When adjusted for inflation the price per sq ft was higher in the 70s than it is today.
My 2007 real estate predictions...
Florida is loosing working class people everyday - an economy cannot function where everyone is a doctor, lawyer, or wealthy retiree.
____________
The Blue-collar workers for the Resorts, Teachers and Law Enforcement workers can not afford to live in Key West. House Keepers and Front Desk clerks are bused in every day, from the main land, to take care of the tourists.
Teachers and cops in Florida make salaries in the thirty thousands a year.
so they are bused in...problem solved. Geez you people need to get a grip on reality.
Regrets not buying in 2001
Especially angry at owners
No yard in his future
Troubled by nigger neighbors
Eager to buy but cant afford
Rants incoherently about GD2012
racist anon says:
i love when people who use the word loose in place of the word lose think anyone takes anything they say seriously
Interesting comment from someone that has to resort to racial slurs further on to get his point across. Now I know that you are a socially inept moron (or is that moron with a capital M?)
last ANON
How many fucking cops do you know that make 110k a year? Besides that fucknut you know.
I personally have 4 friends that have been in the SoCal force for over 7 year and I fucking guarantee you they dont make 110k. Well maybe one guy because he just got bumped to detective.
FYI..its a known fact that cops are one of the best in overspending. Hence the boats and Harleys thay all 'must' have.
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Boy you nailed the "Harley and boat" among the police officers. And lets not forget the outside "poontang" that are either nurses, other female officers, or some hostess that they meet on one of their second part time jobs. Thats another prominent feature of our men in blue.
so they are bused in...problem solved. Geez you people need to get a grip on reality.
You get a grip - people are leaving these areas. Why ride the bus when you can move to Atlanta (for example) and live down the road. You dont get it. People choose, you dont choose for them.
That is exactly why I live far away from the city. I don't want to live near maids or nurses or teachers or any other lower middle class vermin. I'll put up with an hour commute, it's worth to me.
As for the teachers at schools near me...far as I can tell all women, married to men that make enough for them to work for $30K a year and not care.
That is exactly why I live far away from the city. I don't want to live near maids or nurses or teachers or any other (...) vermin.
I feel the same way - that's why I am looking for a neighborhood away from lawyers, RE agents/ brokers, and self important/ f*ck the USA MBAs.
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
great, please stay the fuck away from me
GI Generation:
Typical job: factory worker
Motto: Fight for American values
Silent Generation:
Typical job: engineer
Motto: Fight for American preeminence
Baby Boom Generation:
Typical job: lawyer
Motto: Fight for money, f*ck values
Generation X/Y
Typical job: MBA
Motto: What are values?!? Can we offshore those to China?
The Next Generation:
Typical job: hospitality worker
Motto: Would you like fries with that?
Typical job: MBA
You didn't do very well on the SAT did you?
1290 Thank you.
1290...OK for a state school I guess if you're a nigger maybe Ivy
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