Apartment Vacancies Cause New Nightmare in U.S. Housing Collapse [View article]
serioualy...are you nuts? So someone put a gun to their heads to buy? Dont you have the decency or self-responsiblity to make sure you can afford what you buy? Give me a break. "However, for those Americans looking to escape the economic slavery which banksters ..."
Where Is That Mythical Housing Bottom? [View article]
I dont buy the nonsense of "until housing recovers, the economy wont". This is just plain dumb. Housing is just ONE industry. Just because people overleveraged on their housing "asset" once to create an artificial spending boom, dosent mean they can/will go back to doing that. It is an overpriced asset in an industry where currently supply is abundant. So it has to correct to find its bearings. Meanwhile lets focus on creating jobs in SUSTAINABLE industries (medicine, energy, tech) - that also enhances quality of life along the way.
Jumpstart Spending With a National Housing Lottery [View article]
So on the one hand, they expect banks to eat all the losses for defaults from these losers; and at the same time they expect lending to loosen. Brilliant Barney Frank and you band of morons.
Has the Housing Price Bubble Deflated? [View article]
i think people should relax and forget about housing for a while. Its not going anywhere. There's plenty of time before it comes anywhere close to being viable.
Here's my solution: LET THE DAMN THING CORRECT!!! Pouring money into keeping losers into houses they dont belong DOES NOT help anyone. It wont make any new buyers run out and buy. They will only buy when it is AFFORDABLE and they HAVE JOBS. Shows how stupid our Fed and lawmakers are.
Solve the Housing Crisis by Rewarding the Prudent [View article]
Amen! Propping up homes going into foreclosure is the stupidest idea - dosent help the market one bit. Best thing is to speed up foreclosures and make the market attractive to the buyers waiting on the sidelines. Also these better capitalized and qualified buyers will put more money into improvements and upkeep, helping other aspects of the eonomy.
Apartment Vacancies Cause New Nightmare in U.S. Housing Collapse [View article]
"However, for those Americans looking to escape the economic slavery which banksters ..."
Where Is That Mythical Housing Bottom? [View article]
Meanwhile lets focus on creating jobs in SUSTAINABLE industries (medicine, energy, tech) - that also enhances quality of life along the way.
Jumpstart Spending With a National Housing Lottery [View article]
What Happened to Objectivity and Integrity? [View article]
Has the Housing Price Bubble Deflated? [View article]
Here Comes the Foreclosure Cavalry [View article]
LET THE DAMN THING CORRECT!!!
Pouring money into keeping losers into houses they dont belong DOES NOT help anyone. It wont make any new buyers run out and buy. They will only buy when it is AFFORDABLE and they HAVE JOBS.
Shows how stupid our Fed and lawmakers are.
Solve the Housing Crisis by Rewarding the Prudent [View article]
Propping up homes going into foreclosure is the stupidest idea - dosent help the market one bit. Best thing is to speed up foreclosures and make the market attractive to the buyers waiting on the sidelines. Also these better capitalized and qualified buyers will put more money into improvements and upkeep, helping other aspects of the eonomy.
The Cramer Crash? [View article]
Just in...Cramer issues warning on Enron...