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Homeownership Rate in U.S. Falls to Lowest Since 1997

 
No Dhimmi
I am the infidel your imam warned you about

User ID: 20949
United States
04/30/2012 03:17 PM

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Homeownership Rate in U.S. Falls to Lowest Since 1997
Recovery? What Recovery????


The U.S. homeownership rate fell to the lowest level in 15 years in the first quarter as borrowers lost homes to foreclosure and tighter inventory and credit kept buyers off the market.

The ownership rate may drop below 64 percent by the end of 2015 and stay there for years, Scott Simon, the mortgage bond head of Pacific Investment Management Co. in Newport Beach, California, said in an e-mail today.

“It will be lower by 2017,” he said. “It will be lower in 2020.”

More Here:
[link to www.bloomberg.com]
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to shoebat.com]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]
[link to www.answering-islam.org]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.

Democrats do and always have loved poor people. . . they continue to make so many of them.

Furthermore, I consider that islam must be destroyed.
No Dhimmi (OP)
I am the infidel your imam warned you about

User ID: 20949
United States
04/30/2012 03:18 PM

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Re: Homeownership Rate in U.S. Falls to Lowest Since 1997
Yet more proof of no recovery:

Thread: The “Recovery” Faked By Phony Gov. Numbers
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to shoebat.com]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]
[link to www.answering-islam.org]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.

Democrats do and always have loved poor people. . . they continue to make so many of them.

Furthermore, I consider that islam must be destroyed.
Doomwaffles

User ID: 15305574
Belgium
05/02/2012 05:31 PM
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Re: Homeownership Rate in U.S. Falls to Lowest Since 1997
Same here in my country, people just can't afford houses anymore and prices just keep rising inspite of what we are told t hrough the media. I've noticed that rend for a while.
Same for "the Euro" in general, the currency.
Everyone was told repeatedly, even PROMISED several times on many occasions that the Euro would not lead to increase in prizes. I have still to meet one Belgian that thinks life has become cheaper since the Euro... .

EVERYTHING became more expensive since the Euro.
That includes houses.
I have flaws, I was just as surprised as you when I found out!

[link to www.youtube.com (secure)]


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