Shorting the Homebuilders as Their Stocks Surge [View article]
The fantasy about the affordability of US housing is based on the fantasy of the existence of the US middle class. Your country is now like any other 2nd world country (although you guys have lots more bombs) with a small upper class and a huge peasant class. The people commenting on sites like this are all in the upper class; and either don't realize it or can't admit it, but base their opinions on what members of their own class are thinking, which is completely understandable as who wants to talk with the peasants (certainly not me).
If the losers at the bottom can’t afford housing it doesn’t matter what the prices are in Ireland or the South Pole. It’s all about what the average dumb-ass can purchase in YOUR country. Your dumb-asses are flat broke, just like your country. Good luck in the next 5+ years.
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Shorting the Homebuilders as Their Stocks Surge [View article]
If the losers at the bottom can’t afford housing it doesn’t matter what the prices are in Ireland or the South Pole. It’s all about what the average dumb-ass can purchase in YOUR country. Your dumb-asses are flat broke, just like your country. Good luck in the next 5+ years.