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  • November 7, 2007 at 12:51 PM #10840
    markzuber
    Participant

    The government and the banks try to bailout irresponsible homeowners and keep home prices high. What about first time home buyers; they have to pay for the overpriced housing. The only way to force the home prices to drop is to refuse to pay for the homes that are priced artificially high.

    November 7, 2007 at 1:18 PM #96806
    nostradamus
    Participant

    I agree and think America should go on hiatus from buying all non-essentials for a while. This era of rampant, debt-based consumerism is an abomination. Gotta get that new iPod, then whoa there’s an even newer iPod I gotta get now. Whoa, look at that new car stereo which I can plug my new iPod into! Gotta get it! Wii! Surround sound! Plasma! Hybrid! Navigation system! iphone! WTF!?

    November 7, 2007 at 1:18 PM #96869
    nostradamus
    Participant

    I agree and think America should go on hiatus from buying all non-essentials for a while. This era of rampant, debt-based consumerism is an abomination. Gotta get that new iPod, then whoa there’s an even newer iPod I gotta get now. Whoa, look at that new car stereo which I can plug my new iPod into! Gotta get it! Wii! Surround sound! Plasma! Hybrid! Navigation system! iphone! WTF!?

    November 7, 2007 at 1:18 PM #96876
    nostradamus
    Participant

    I agree and think America should go on hiatus from buying all non-essentials for a while. This era of rampant, debt-based consumerism is an abomination. Gotta get that new iPod, then whoa there’s an even newer iPod I gotta get now. Whoa, look at that new car stereo which I can plug my new iPod into! Gotta get it! Wii! Surround sound! Plasma! Hybrid! Navigation system! iphone! WTF!?

    November 7, 2007 at 1:18 PM #96884
    nostradamus
    Participant

    I agree and think America should go on hiatus from buying all non-essentials for a while. This era of rampant, debt-based consumerism is an abomination. Gotta get that new iPod, then whoa there’s an even newer iPod I gotta get now. Whoa, look at that new car stereo which I can plug my new iPod into! Gotta get it! Wii! Surround sound! Plasma! Hybrid! Navigation system! iphone! WTF!?

    November 7, 2007 at 6:11 PM #97146
    bob007
    Participant

    I can see Apple getting wiped out as a company – overpriced computers, overpriced portable MP3 players, overpriced cellphones

    November 7, 2007 at 6:11 PM #97136
    bob007
    Participant

    I can see Apple getting wiped out as a company – overpriced computers, overpriced portable MP3 players, overpriced cellphones

    November 7, 2007 at 6:11 PM #97127
    bob007
    Participant

    I can see Apple getting wiped out as a company – overpriced computers, overpriced portable MP3 players, overpriced cellphones

    November 7, 2007 at 6:11 PM #97065
    bob007
    Participant

    I can see Apple getting wiped out as a company – overpriced computers, overpriced portable MP3 players, overpriced cellphones

    November 7, 2007 at 7:20 PM #97105
    kewp
    Participant

    Here, here.

    If the powers that be want a bailout, how about a special 0% fixed loan right from the Fed for all first-time home buyers with good credit.

    This would create an artificially high bottom, but it might be worth it in the long run.

    November 7, 2007 at 7:20 PM #97167
    kewp
    Participant

    Here, here.

    If the powers that be want a bailout, how about a special 0% fixed loan right from the Fed for all first-time home buyers with good credit.

    This would create an artificially high bottom, but it might be worth it in the long run.

    November 7, 2007 at 7:20 PM #97176
    kewp
    Participant

    Here, here.

    If the powers that be want a bailout, how about a special 0% fixed loan right from the Fed for all first-time home buyers with good credit.

    This would create an artificially high bottom, but it might be worth it in the long run.

    November 7, 2007 at 7:20 PM #97184
    kewp
    Participant

    Here, here.

    If the powers that be want a bailout, how about a special 0% fixed loan right from the Fed for all first-time home buyers with good credit.

    This would create an artificially high bottom, but it might be worth it in the long run.

    November 7, 2007 at 7:35 PM #97126
    drunkle
    Participant

    well, if artificially high home prices are supported, then the higher rents are also justified…

    November 7, 2007 at 7:35 PM #97187
    drunkle
    Participant

    well, if artificially high home prices are supported, then the higher rents are also justified…

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