papita

Hoping the Housing Crisis Is Over

the spring like weather in most parts of this country was responsible for the jump up in housing starts. and I agree with the person who said more housing starts only adds to the unbelievable high inventory. prices must come down at least another 25% to even be reasonable. go to south florida. houses that were selling for 250k in 1999 are still trying to be sold for 3x that amount. and they are crappy little houses that need work. who in their right mind would spend that? oh, I know, my asshole cousin who lives in colorado who thinks the sun shines from his ass because he lives in Vail. He's been living off his father in law his whole married life. no chance he'd ever see this. seeking alpha is much more than he could ever understand.