neocon4jesus

Don’t Expect a V-Shaped Recovery in Real Estate Prices

There will be no recovery because there are no more jobs and consumption is done. How can you buy a house when you are working at Walmart or Mcdonalds?

thelittleguylobby.org

Better to Rent than Buy a Home

It's a no brainer. No need to argue. Simply do the math. Find out what the cost of a house in your area would cost you total monthly, mortage AND insurance, maint, utils, etc, then compare that to what your monthly rent would be. If you want to add in a few % points for extra space and no neighbors fine. Then compare costs and the lower cost wins. What's the big deal.


On Feb 04 12:42 PM sr9web wrote:

> All these chart and experts who say "rent, don't own" are talking
> out their butts.
>
> Why do I say that?
>
> Because it's NOT an "apples to apples" comparision.
>
> When you own your home, you control the environment and the premises.

>
>
> - You say who comes and goes
> - You keep the hours that you please
> - You can change your transmission in the driveway if you want

>
> - You can BBQ on the back deck in you want
>
> Etc., Etc., Etc....
>
> It's only in theory that the rights on tenancy which are supposed
> to vest to a renter are actually fully realizible.
>
> In actuality, renters get sh*t on all the time by *sshole neighbors,
> idiot landlords, cops, lunatics, etc, etc.
>
> And at the very least, when doing a risk comparision, you need to
> factor in the risk of RENT INCREASE and the risk of LOSS OF UNIT.

>
>
> Simply put, when you rent, your control over your residence is very
> tentative.
>
> It's MUCH MUCH better to own.
>
> I own a 5 bedroom 3.5 bath split level in the suburbs West of Boston
> and my FIXED mortgage is less than $1,500 a month.
>
> I have a full-size family living comfortably, with plenty of elbow
> room and storage space.
>
> This deal can not be duplicated - not even close by renting!

Personal Responsibility and the Housing Bubble

2012 is coming soon, which will mark the end of the world as we know it and a new beginning.

Happy New year planet earth.

fundys.com

The Housing Market Will Improve with Lower Prices, not Lower Interest Rates

I own a house I bought last year in Lone Rock WI. I paid $150k.

Figuring that I would make at best 2.5% on my 150K in a cd and my prop taxes of 2900 yr, I am spending $553 a month to live in a 4 year old, 3 bd/3ba house.

I can't rent for less than that. Therefore, I don't understand all this talk about how bad the housing market in the US is these days.

Maybe people need to leave the big cities and move out to the country. Although, I am only 1 hour west of Madison WI, which has one of the best job markets in the US.

Donnie

Futures Show Home Prices Continuing To Plummet

Those that don't remember history, repeat history. Those that can't think, make mistakes and can be "sold" anything.

The biggest lie sold to Americans was that Home OWNERSHIP was a desired thing. But in FACT, if the bank holds a mortage on your house, you are NOT a homeowner and in FACT are RENTING- but from the bank and paying more for the "privilege". Stupid is as stupid does. And now our "smart" government wants to cure the problem of too much easy money, with what? More easy money, lol. Fools we are, I tell ya, fools. God bless America? Maybe not. But a fool and his money are soon parted.