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| 07:11 PM | ||
| Users Online Now: 2,202 (Who's On?) | Visitors Today: 1,193,187 | |
| Pageviews Today: 1,992,438 | Threads Today: 822 | Posts Today: 14,248 |
| 07:11 PM | ||
BREAKING: Now They Tell Us: Experts Say Housing Is A Lousy Investment And Always Will Be | |
| Stall Street User ID: 961340  United States08/23/2010 03:21 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1075409 United States08/23/2010 03:23 PM Report Abusive Post Report Copyright Violation | At this point it might as well be information about global warming. All information is provided from one partisan side or the other, there is not unbiased people talking about it. I was going to buy this year and have the 20% down saved and everything but im not feeling it... |
| Anonymous Coward User ID: 961432 United States08/23/2010 03:27 PM Report Abusive Post Report Copyright Violation | The only time to make money off of real estate is when the bubble is blowing. Timing is everything. Our eCONomy is so overleveraged now RE will be a horrible investment for 20-30 years. A house is just a roof over your head when the bubble daze are gone. |
| Anonymous Coward (OP) User ID: 961340 United States08/23/2010 03:28 PM Report Abusive Post Report Copyright Violation | At this point it might as well be information about global warming. Quoting: Anonymous Coward 1075409All information is provided from one partisan side or the other, there is not unbiased people talking about it. I was going to buy this year and have the 20% down saved and everything but im not feeling it... Buy, Rent, what's the difference anymore? |
| Anonymous Coward User ID: 1075409 United States08/23/2010 03:34 PM Report Abusive Post Report Copyright Violation | At this point it might as well be information about global warming. Quoting: Anonymous Coward 961340All information is provided from one partisan side or the other, there is not unbiased people talking about it. I was going to buy this year and have the 20% down saved and everything but im not feeling it... Buy, Rent, what's the difference anymore? What i would be expecting to pay per month in 15+ years... If i owned and only had to worry about taxes that should be a percentage less. |
| Anonymous Coward User ID: 1056273 United States08/23/2010 03:36 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 497757 United States08/23/2010 03:36 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 997890 United States08/23/2010 03:37 PM Report Abusive Post Report Copyright Violation | |
| Stall Street (OP) User ID: 961340 United States08/23/2010 03:37 PM Report Abusive Post Report Copyright Violation | At this point it might as well be information about global warming. Quoting: Anonymous Coward 1075409All information is provided from one partisan side or the other, there is not unbiased people talking about it. I was going to buy this year and have the 20% down saved and everything but im not feeling it... Buy, Rent, what's the difference anymore? What i would be expecting to pay per month in 15+ years... If i owned and only had to worry about taxes that should be a percentage less. Dude!!!! 15 years from now!!!!! I'm only thinking about 15 weeks from now and that's on a good day. Good luck to you. |
| Anonymous Coward User ID: 1066008 United States08/23/2010 03:40 PM Report Abusive Post Report Copyright Violation | Ya, private property to be a thing of the past. The global monopoly owns your ass. Now get in line and shut up, comrade. Seriously, though, it is more reactionary bullshit. In four years when interest rates spike above 10 percent, we'll see what the media says. Fuck the corporate whores. |
| Stall Street (OP) User ID: 961340 United States08/23/2010 03:47 PM Report Abusive Post Report Copyright Violation | They should of added that it always was Quoting: Anonymous Coward 997890Totality agree, I personally know of five people who have lost everything in the past three years because they invested heavily into Real-Estate and leveraged their holdings. OUCH!!!!!!!!!!! |
| Anonymous Coward User ID: 1077006 United States08/23/2010 03:48 PM Report Abusive Post Report Copyright Violation | from all the fraud they have been doing for almost 30 years now.. but think about it. if you own your own home.. you don't need government housing.. they want us all eating government cheese living in government housing.. guess we are already.. |
| Anonymous Coward User ID: 1049642 United States08/23/2010 03:49 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1075409 United States08/23/2010 05:11 PM Report Abusive Post Report Copyright Violation | At this point it might as well be information about global warming. Quoting: Stall Street 961340All information is provided from one partisan side or the other, there is not unbiased people talking about it. I was going to buy this year and have the 20% down saved and everything but im not feeling it... Buy, Rent, what's the difference anymore? What i would be expecting to pay per month in 15+ years... If i owned and only had to worry about taxes that should be a percentage less. Dude!!!! 15 years from now!!!!! I'm only thinking about 15 weeks from now and that's on a good day. Good luck to you. Yeah im one of the "lucky" ones. |
| Anonymous Coward User ID: 1075409 United States08/23/2010 05:12 PM Report Abusive Post Report Copyright Violation | |
| Stall Street (OP) User ID: 961340 United States08/24/2010 01:17 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 38044  Canada08/24/2010 01:21 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1078147 United States08/24/2010 01:26 PM Report Abusive Post Report Copyright Violation | but...but...but...isn't that supposed to be the great American dream? Truth is that home ownership has been shoved down our throats as the mark of a successful citizen, while in reality it makes you a target ripe for manipulation. As long as you own a home you are forced to comply with the system or risk losing it all. |
| Anonymous Coward User ID: 1078071 United States08/24/2010 01:28 PM Report Abusive Post Report Copyright Violation | Well, the experts are weighing in again. And, once again, they agree: Housing is a lousy investment. And it always will be. Quoting: Stall Street 961340At least that's what they're telling the New York Times: “There is no iron law that real estate must appreciate,” said Stan Humphries, chief economist for the real estate site Zillow. “All those theories advanced during the boom about why housing is special — that more people are choosing to spend more on housing, that more people are moving to the coasts, that we were running out of usable land — didn’t hold up.” Instead, Mr. Humphries and other economists say, housing values will only keep up with inflation. A home will return the money an owner puts in each month, but will not multiply the investment. But wait. Just a few years ago, weren't the experts saying that housing was always a great investment? That house prices would always go up? Yes, they were ... 50% Rule Applied Read more here: [link to finance.yahoo.com] It was called the jew setup. |
| Stall Street (OP) User ID: 961340 United States08/24/2010 01:28 PM Report Abusive Post Report Copyright Violation | but...but...but...isn't that supposed to be the great American dream? Quoting: Anonymous Coward 1078147Truth is that home ownership has been shoved down our throats as the mark of a successful citizen, while in reality it makes you a target ripe for manipulation. As long as you own a home you are forced to comply with the system or risk losing it all.  You are sooooooooo right! |
| Stall Street (OP) User ID: 961340 United States08/24/2010 01:32 PM Report Abusive Post Report Copyright Violation | |
| Born in the USA User ID: 1068336 United States08/24/2010 01:39 PM Report Abusive Post Report Copyright Violation | Our home has depreciated in value over 40,000 in the last 5 years. Sucks...we didn't buy it over-leveraged....we just think of it as a roof over our heads. By the time we are ready to sell it will probably lose more value. Of course that is if we can find anyone to buy it...eventually. Home sales are really bad in our area. Basically the buyers just steal them. |
| Stall Street (OP) User ID: 961340 United States08/24/2010 01:41 PM Report Abusive Post Report Copyright Violation | Our home has depreciated in value over 40,000 in the last 5 years. Sucks...we didn't buy it over-leveraged....we just think of it as a roof over our heads. By the time we are ready to sell it will probably lose more value. Of course that is if we can find anyone to buy it...eventually. Home sales are really bad in our area. Basically the buyers just steal them. Quoting: Born in the USA 1068336I feel your pain, a lot of people had a rude awakening over the past 3 years. Good luck to you. |
