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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) |
Jcrowley (1000+ posts) Send PM | Profile | Ignore | Fri Jan-19-07 11:51 PM Original message |
"The crash of the housing bubble will not be pretty" |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Fri Jan-19-07 11:56 PM Response to Original message |
1. Why can't people go to a remortage at a fixed rate loan in 2007 |
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enid602 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:11 AM Response to Reply #1 |
9. no equity |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:42 AM Response to Reply #9 |
14. Yeah but they don't require as much down as they did a long while back |
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Jim Warren (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:05 AM Response to Reply #14 |
26. As would many if they could |
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sanskritwarrior (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 06:19 PM Response to Reply #9 |
41. I don't understand |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Fri Jan-19-07 11:58 PM Response to Original message |
2. both of those articles are from last summer... |
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EVDebs (1000+ posts) Send PM | Profile | Ignore | Fri Jan-19-07 11:58 PM Response to Original message |
3. Prohousing movement and 'tinyhouse' innovations during Katrina |
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Jim Warren (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:09 AM Response to Reply #3 |
27. One more |
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EVDebs (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 11:28 PM Response to Reply #27 |
57. My point is that these alternative toilets are ILLEGAL in most areas of the US |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:00 AM Response to Original message |
4. Stop selling, start waiting |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:03 AM Response to Reply #4 |
7. what "cheap prices"...? |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:29 AM Response to Reply #7 |
10. Even if they just hold steady for a few years |
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kath (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:34 PM Response to Reply #10 |
35. "inflation of wages"??? what inflation of wages? Most people's wages |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 01:39 PM Response to Reply #35 |
37. Ah, but that was under the Repubs |
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the other one (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 08:21 AM Response to Reply #7 |
15. It WILL happen |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:22 AM Response to Reply #15 |
18. keep dreaming... |
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Leopolds Ghost (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:36 AM Response to Reply #18 |
21. IOW, you're admitting housing values are responsible for massive inflation due to "tulip effect." nt |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:41 AM Response to Reply #21 |
23. nope. |
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Leopolds Ghost (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:47 AM Response to Reply #23 |
25. Housing values have tripled or quadrupled in urban areas. That is the CLASSIC tulip effect. |
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Solo_in_MD (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:54 AM Response to Reply #15 |
31. Doubtful |
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Polemicist (299 posts) Send PM | Profile | Ignore | Sun Jan-21-07 06:09 AM Response to Reply #15 |
61. Housing fundamentals are still very, very strong.... |
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Leopolds Ghost (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:34 AM Response to Reply #7 |
20. Most working-class families have already been gentified out of the city. n/t |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:42 AM Response to Reply #20 |
24. not the city of chicago. |
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Solo_in_MD (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:55 AM Response to Reply #24 |
32. You are correct for the snow and rust belts, but in the more desirable |
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Horse with no Name (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:00 AM Response to Original message |
5. I've been watching homes in the Phoenix area |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:02 AM Response to Original message |
6. Thanks! and I have a question ... |
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the other one (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 08:22 AM Response to Reply #6 |
16. Hide your money in Gold! |
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Leopolds Ghost (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:41 AM Response to Reply #6 |
22. Yes, Viva La Revolution... I can't stand folks who think they have the right to |
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Jim Warren (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:16 AM Response to Reply #22 |
28. Curious |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 08:21 PM Response to Reply #22 |
47. This guy is very focused on money... |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:05 AM Response to Original message |
8. What is the best way to play this? I bought a home 2 years ago and |
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Digit (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:31 AM Response to Reply #8 |
11. Can you take on a temporary job? |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:39 AM Response to Reply #11 |
13. No, it's not that bad. I was debt-free before buying this house and would |
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skids (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 08:55 AM Response to Reply #13 |
17. You're not in that bad shape. Don't panic. |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 06:09 PM Response to Reply #17 |
40. thanks for the advice. I won't touch the 401K. I'm not in an ARM, it's |
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Lasher (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:34 AM Response to Reply #13 |
19. skids offers good advice |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 06:02 PM Response to Reply #19 |
39. Thanks for the advice. I won't take any out. I'll just hold my nose |
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PerfectSage (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 12:31 AM Response to Original message |
12. Watch the New home builders index |
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Gregorian (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:17 AM Response to Original message |
29. Prices are softening. Deflation of the market is inevitable. |
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fed-up (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 11:09 AM Response to Reply #29 |
33. I found my house w/out a realtor and saved over $50K- |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 06:50 PM Response to Reply #33 |
43. good for you. glad you did it without an agent. for the house that |
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Phoebe Loosinhouse (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:17 AM Response to Original message |
30. The percentage of income directed towards housing should be everyone's first clue |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 06:54 PM Response to Reply #30 |
44. 35% of gross. I'm learing this finance game and I think I got that one right. |
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davsand (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 11:38 AM Response to Original message |
34. That high foreclosure rate is gonna be a BIG factor. |
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specimenfred1984 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 01:10 PM Response to Original message |
36. Incomes vs. prices |
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jelly (312 posts) Send PM | Profile | Ignore | Sat Jan-20-07 01:48 PM Response to Original message |
38. I'm glad I didn't buy. |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 07:01 PM Response to Reply #38 |
45. it's a mixed bag. I owned a home and sold it before some surgeries that |
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GETPLANING (370 posts) Send PM | Profile | Ignore | Sat Jan-20-07 06:38 PM Response to Original message |
42. Historically, when the housing market falls, |
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alarimer (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 07:05 PM Response to Original message |
46. Speaking as someone who will NEVER be able to afford a house |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 08:56 PM Response to Reply #46 |
48. wow. I could have written that... |
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alarimer (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 09:41 PM Response to Reply #48 |
49. A commune is probably a good idea |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:09 PM Response to Reply #49 |
50. I figure the commune idea is the best of both worlds... |
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Jcrowley (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:36 PM Response to Reply #50 |
51. Just wanted |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:58 PM Response to Reply #51 |
54. I don't care if it's a right or not... |
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Jcrowley (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 11:02 PM Response to Reply #54 |
55. Then |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 11:10 PM Response to Reply #55 |
56. the thing is.... this person is my boss |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:44 PM Response to Reply #46 |
52. I used Suze Orman's formula for telling if you lived in a overpriced housing area... |
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alarimer (1000+ posts) Send PM | Profile | Ignore | Sun Jan-21-07 12:15 AM Response to Reply #52 |
58. Well I don't know if my area is overpriced or not |
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Matariki (1000+ posts) Send PM | Profile | Ignore | Sat Jan-20-07 10:45 PM Response to Reply #46 |
53. In the past it was considered good for communities to have a large number of owner occupied homes |
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alarimer (1000+ posts) Send PM | Profile | Ignore | Sun Jan-21-07 12:18 AM Response to Reply #53 |
59. Since I am not very handy and not inclined to lawn care |
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Gwerlain (516 posts) Send PM | Profile | Ignore | Sun Jan-21-07 12:25 AM Response to Original message |
60. If it comes the way people are expecting... |
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Gregorian (1000+ posts) Send PM | Profile | Ignore | Sun Jan-21-07 12:10 PM Response to Reply #60 |
62. I don't see how we will avoid inflation. |
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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) |
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