What the Homebuilders Are Telling Us [View article]
If it walks like a duck, sounds like a duck, looks like a duck.... it has to be a duck !
This is a down market and will not come back untill there is a much bigger implosion. The banks are so scared they do not want to lend any money. Look at the rates on forward money that tell the whole story.
Housing Crisis Likely to Wipe Out Two Decades of Family-Earned Wealth [View article]
I agree with RVC. Right on the money!
When they sznd the Tax Bill for this mess that so many made tonns of money on (lenders, banks, builders and the govt... through increassed taxes)... Now they are sending the bill back to us for the fancy times that they lived in for the past 7 years.
I think I'll leave the country for 15 years and have the tax bill marked " return to sender" ! Hey we did not make any money on this.... we did not engage in "risk".... why should folks that ventured nothing and as a result had nothing to gain have to loose?
What the Homebuilders Are Telling Us [View article]
This is a down market and will not come back untill there is a much bigger implosion. The banks are so scared they do not want to lend any money. Look at the rates on forward money that tell the whole story.
We are far from the bottom... very far.
Housing Crisis Likely to Wipe Out Two Decades of Family-Earned Wealth [View article]
When they sznd the Tax Bill for this mess that so many made tonns of money on (lenders, banks, builders and the govt... through increassed taxes)... Now they are sending the bill back to us for the fancy times that they lived in for the past 7 years.
I think I'll leave the country for 15 years and have the tax bill marked " return to sender" ! Hey we did not make any money on this.... we did not engage in "risk".... why should folks that ventured nothing and as a result had nothing to gain have to loose?
Housing Affordability Proves Elusive [View article]