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| 07:12 PM | ||
| Users Online Now: 2,196 (Who's On?) | Visitors Today: 1,194,387 | |
| Pageviews Today: 1,994,463 | Threads Today: 822 | Posts Today: 14,259 |
| 07:12 PM | ||
BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) | |
| Anonymous Coward User ID: 28130683  Portugal11/20/2012 08:32 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 636900  United States11/20/2012 08:37 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 23182389 United States11/20/2012 08:41 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25674130 United States11/20/2012 08:50 AM Report Abusive Post Report Copyright Violation | |
AmericanJedi  User ID: 1503533 United States11/20/2012 08:55 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to www.davemanuel.com] This guy gives a good explanation of what a housing start is, it doesn't mean shit if no one can buy the home. I can build sculptures of Dancing Polar Bears and say, "I'm starting a project", doesn't mean that I will sell them. (GLP aka American Jedi) Listen here you beautiful bitch, I'm about to fuck you up with some truth. Kenny Powers If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare. American Jedi Intellectuals solve problems, geniuses prevent them. Albert Einstein Satis Eloquentiae, Sapientiae Parum.... "The last of the old?" "No, the first of the new." |
| Anonymous Coward User ID: 8988517 United States11/20/2012 08:55 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 8988517 United States11/20/2012 09:00 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 13864401 United States11/20/2012 09:01 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Business Insider‏@businessinsider Quoting: Luisport BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to read.bi] Housing is going straight up from here.... The fed is printing and will ensure that housing goes straight up from here... Hyperinflation here we come... |
| Anonymous Coward User ID: 13864401 United States11/20/2012 09:02 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 26910342  Canada11/20/2012 09:02 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Business Insider‏@businessinsider Quoting: Luisport BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to read.bi] THIS is so much bullshit!!!  NOBODY CAN AFFORD A NEW HOUSE. Hell, people are doing well to buy food and gasoline. So your information is HORSE SHIT |
| Anonymous Coward User ID: 13864401 United States11/20/2012 09:04 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Business Insider‏@businessinsider Quoting: Luisport BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to read.bi] I feel sorry, now, for the renters (a year ago- I felt for the homeowners who were losing money hand ove fist) because rent is going straight up.. |
| Anonymous Coward User ID: 25674130 United States11/20/2012 09:04 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Said to look at building permits for real numbers and they're bearish. What does that mean? Quoting: Anonymous Coward 8988517 It means your 200k house will soon be worth 1 million, however you won't be able to afford a loaf of bread.. It would have to be that way with an infinite debt ceiling. |
| Anonymous Coward User ID: 13864401 United States11/20/2012 09:05 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Business Insider‏@businessinsider Quoting: Luisport BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to read.bi] THIS is so much bullshit!!! NOBODY CAN AFFORD A NEW HOUSE. Hell, people are doing well to buy food and gasoline. So your information is HORSE SHIT Smart money ((ie fed and big investors) are buying all the real estate they can right now... They know whats coming.. |
| in5d User ID: 26897578 United States11/20/2012 09:08 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 13864401 United States11/20/2012 09:14 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Unfortuanetly the fed doesn't care about the economy, they are just buying up everything in sight. Why do you think they are going to start building like crazy, most areas still have foreclosures to go through... They dont care.. |
| Anonymous Coward User ID: 28008747 United States11/20/2012 09:33 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) It is in Texas while it's relatively cheap. I'm one of them... My soon to be built house next month surrounded by 3 streets which was nearly empty in July are now nearly full. Things are moving fast as hell. Where in Texas, if I may ask? Wouldn't it have been cheaper to buy a foreclosure? Or is that not the way it goes anymore? |
| Anonymous Coward User ID: 28008747 United States11/20/2012 09:38 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Business Insider‏@businessinsider Quoting: Luisport BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to read.bi] Housing is going straight up from here.... The fed is printing and will ensure that housing goes straight up from here... Hyperinflation here we come... Sandy will increase values in the Northeast for houses that are not flooded. Sandy destroyed some inventory, and it will also be a while before builders can start or continue what they were already building. |
| MuzzleBreak User ID: 28004168 United States11/20/2012 10:02 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) 22 foreclosure notices in the small hometown paper today. In his book, "Between Two Ages," Brzezinski wrote: "The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values." MuzzleBreak |
| Anonymous Coward User ID: 23182389 United States11/20/2012 10:09 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) It is in Texas while it's relatively cheap. I'm one of them... My soon to be built house next month surrounded by 3 streets which was nearly empty in July are now nearly full. Things are moving fast as hell. Where in Texas, if I may ask? Wouldn't it have been cheaper to buy a foreclosure? Or is that not the way it goes anymore? Austin at least in the hill country off highway 71 for my new place but I don't know about the whole city though. I read Austin's newspaper Statesman a while ago and was under the impression that the demand for new housing is high. [link to www.theatlanticcities.com] Looks like it is everywhere in Texas. |
| Anonymous Coward User ID: 23011194 United States11/20/2012 10:12 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 636900 United States11/20/2012 10:17 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Business Insider‏@businessinsider Quoting: Luisport BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) [link to read.bi] Housing is going straight up from here.... The fed is printing and will ensure that housing goes straight up from here... Hyperinflation here we come... This may be true- as the feb buys 70 mil a month of their own debt--- lol and the idiots will line up to the slaughter. |
| Anonymous Coward User ID: 18366868 United States11/20/2012 10:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 23182389 United States11/20/2012 10:18 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Well, the mortgage rate is VERY TEMPTING! I had no choice but move to a new city and look for a new house. 3.25% loan rate... I compared that to 5.5% for the old house. hundreds of dollars saved a month! Actually, it would be SMART to refinance mortgage loans... It will save you hundreds of dollars a month if your old loan has over 5% rate. |
| Anonymous Coward User ID: 28142760 United States11/20/2012 10:22 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 13864401 United States11/20/2012 10:22 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 13864401 United States11/20/2012 10:27 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Well, the mortgage rate is VERY TEMPTING! I had no choice but move to a new city and look for a new house. 3.25% loan rate... I compared that to 5.5% for the old house. hundreds of dollars saved a month! Actually, it would be SMART to refinance mortgage loans... It will save you hundreds of dollars a month if your old loan has over 5% rate. If your bank is sending you Refi paperwork, desperately trying to get you to refiance, dont do it.. They have insufficient paperwork on your original loan... They need new paperwork thats why they are giving you a sweet deal. |
| Anonymous Coward User ID: 23011194 United States11/20/2012 10:32 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) |
| Anonymous Coward User ID: 11384760 United States11/20/2012 10:37 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Correction- not just "idiots" rent so do those of us who are poor and can't afford to buy a house! And not for nothing but I thought I read that during hyperinflation its the food prices that rise but housing prices become extraordinarily cheap and it's not until the recovery they skyrocket so the best time to buy is when hyperinflation is the worst. |
| Anonymous Coward User ID: 13864401 United States11/20/2012 10:39 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) With inflation/hyperinflation coming, only an idiot would rent and be forced to pay more and more every year! well, you got a point there but seeing how 59% of all new jobs pay between $8-11.75 an hour there's no way I'd sign a mortgage. Keep paying the rent then.... All I know is that the Fed will prop everything up... Rather fix my housing cost, rather than getting jacked up in rent every year... My rent has gone up the last 5 years more than 10% every year |
| Anonymous Coward User ID: 13864401 United States11/20/2012 10:42 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) Correction- not just "idiots" rent so do those of us who are poor and can't afford to buy a house! And not for nothing but I thought I read that during hyperinflation its the food prices that rise but housing prices become extraordinarily cheap and it's not until the recovery they skyrocket so the best time to buy is when hyperinflation is the worst. Quoting: Anonymous Coward 11384760 With foreclosures at 10's of thousands... almost anyone can afford a house... Food will go up the fastest, however housing will skyrocket as well. Look at Weimar Republic Germany... In addition if the economy goes south, renters will get kicked out of their apts and a much quicker rate than homeowners- just sayin... |
| Anonymous Coward User ID: 13864401 United States11/20/2012 10:44 AM Report Abusive Post Report Copyright Violation | Re: BOOM: HOUSING STARTS DESTROY EXPECTATIONS AT 894K (Analysts expected 840K annualized down from 872K) With inflation/hyperinflation coming, only an idiot would rent and be forced to pay more and more every year! well, you got a point there but seeing how 59% of all new jobs pay between $8-11.75 an hour there's no way I'd sign a mortgage. Just like the PM market, the Fed tries to force out weak hands (foreclosures) before they let the market shoot back up... Its all planned... |
