Jan

Right-To-Rent Becomes a Reality

I don't know who in their right mind would rent the house that they just lost all their money on it. This is 100% tax if you do the math. People pay at least 50% in employment taxes, 36% on interest income, a mired list of taxes that take it into the 70% range, and now they have to pay rent to the landlord, the government of 25% of their income. That leaves them 5% or less for everything else. DUMP THE HOUSE, rent for a year and REBUY one in the same neighborhood. For the first black president he sure likes SLAVERY!

Home Sales Highest and Inventory Lowest in More than Two Years

I disagree completely, the only reason there are fewer houses for sale is because of the foreclosure moritorium that ran out this month, and because banks are only semi-foreclosing on deliquient mortgages. I suggest that you look closer at realtytrac numbers, and less at the numbers coming out of the NAR.

Hitting the Reset Button On Home Mortgages

That's the largest bunch of blather that I've heard in this whole mess. We are a free market society, that prices risk to determine value. And Yes, we who were good at math and finance will be footing the bill for this rediculas bailout. I for one once lost a home and it taught me a lesson that I'll never forget, don't become over leveraged. They have to loose to learn and this "idea" would keep the much needed lesson from them! NO BAILOUT

Providing Aid to the Disabled

As a mentally Handicapped person I am insulted to be compared to equity traders. My handicap did not occur until after I double majored in finance and merchandising. I saw this coming a mile away, anyone who has taken any economics course or finance course also would have seen this coming. Please limit your comments about the handicapped to what you actually know, and not insulting slurs.

Existing Home Sales "Slipped" 23.4%

It would be alot easier to understand the percentages if you either used the percent sign or a period between numbers. Is it 23.4% meaning .234? Very confusing!

A Housing Bubble Within a Bubble

We've been looking for a long time, at least 7 years here in Florida. While my husband's salary stagnated, housing just kept going up. Finally we took on a second job and housing prices have finally at least stalled. We're looking, and will buy shortly, we want a house to live in for a long time, 30 years, not for an investment. If you're not speculating and don't have to move, then go ahead, buy. Saving money is one thing, but your wife may be having hard feelings about being married to a cheap person. Being thrifty is great, just don't loose out on life because of it.

MBIA Drops Bombshell, Crisis Keeps Ticking

I am not paying for wall street losses! I don't care who goes under! No bailout of mortgage holders, insurers, etc. They wrecked the whole economy, and knew what they were doing. Anyone with a few finance courses under their belt would know that to guarentee future returns to be high, we borrow low and sell high. Thus adjustable rate mortgages, ha ha the public is saying forget you we don't care about wall street losses take your sub par mcmansion back and try to sell it, go ahead, we'll laugh while you crash and burn. NO DEBT!

Peter Schiff on the Housing Market and the Rescue Plan

When we were very young we got in trouble with "too much debt", and through our hard work and dedication 15 years later we are without debt and looking at buying a house outright. We learned our lesson about credit and how they can ruin your life. If I can't pay for an item I don't want it. When people get thrown out of their houses and have to pay back all of their credit card debt, student loans, car loans, while flat on their back they will swear off the "evil" of credit. That will get the bank's attention!