- This topic has 70 replies, 11 voices, and was last updated 15 years, 6 months ago by
UCGal.
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August 19, 2009 at 1:46 PM #447422August 19, 2009 at 1:50 PM #446845
smshorttimer
Participant[quote=UCGal]To sum up what they are saying:
– First time home buyers might be able to *buy* a house, but they can’t afford to *keep* the house. Especially if the ARM adjusts, there are taxes/HOAs not accounted for in the calcs, and they have an unexpected bill that puts the 40% threshold to close to the edge.
.. Heaven forbid they have normal things happen, like unpaid maternity leave, a car break down, etc…[/quote]
Did anyone else see the NAR economist story in the U-T today?
August 19, 2009 at 1:50 PM #447256smshorttimer
Participant[quote=UCGal]To sum up what they are saying:
– First time home buyers might be able to *buy* a house, but they can’t afford to *keep* the house. Especially if the ARM adjusts, there are taxes/HOAs not accounted for in the calcs, and they have an unexpected bill that puts the 40% threshold to close to the edge.
.. Heaven forbid they have normal things happen, like unpaid maternity leave, a car break down, etc…[/quote]
Did anyone else see the NAR economist story in the U-T today?
August 19, 2009 at 1:50 PM #447437smshorttimer
Participant[quote=UCGal]To sum up what they are saying:
– First time home buyers might be able to *buy* a house, but they can’t afford to *keep* the house. Especially if the ARM adjusts, there are taxes/HOAs not accounted for in the calcs, and they have an unexpected bill that puts the 40% threshold to close to the edge.
.. Heaven forbid they have normal things happen, like unpaid maternity leave, a car break down, etc…[/quote]
Did anyone else see the NAR economist story in the U-T today?
August 19, 2009 at 1:50 PM #446653smshorttimer
Participant[quote=UCGal]To sum up what they are saying:
– First time home buyers might be able to *buy* a house, but they can’t afford to *keep* the house. Especially if the ARM adjusts, there are taxes/HOAs not accounted for in the calcs, and they have an unexpected bill that puts the 40% threshold to close to the edge.
.. Heaven forbid they have normal things happen, like unpaid maternity leave, a car break down, etc…[/quote]
Did anyone else see the NAR economist story in the U-T today?
August 19, 2009 at 1:50 PM #447184smshorttimer
Participant[quote=UCGal]To sum up what they are saying:
– First time home buyers might be able to *buy* a house, but they can’t afford to *keep* the house. Especially if the ARM adjusts, there are taxes/HOAs not accounted for in the calcs, and they have an unexpected bill that puts the 40% threshold to close to the edge.
.. Heaven forbid they have normal things happen, like unpaid maternity leave, a car break down, etc…[/quote]
Did anyone else see the NAR economist story in the U-T today?
August 19, 2009 at 2:13 PM #446855evolusd
ParticipantI saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.
August 19, 2009 at 2:13 PM #447447evolusd
ParticipantI saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.
August 19, 2009 at 2:13 PM #447266evolusd
ParticipantI saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.
August 19, 2009 at 2:13 PM #446663evolusd
ParticipantI saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.
August 19, 2009 at 2:13 PM #447194evolusd
ParticipantI saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.
August 19, 2009 at 4:12 PM #446758AK
Participant[quote=jpinpb]AK – I’m using your post on SDL. Hope it’s ok.[/quote]
Please do. I can link to it as an expert opinion when people ask why I’m looking in O’side rather than Carlsbad or Encinitas 🙂
August 19, 2009 at 4:12 PM #447289AK
Participant[quote=jpinpb]AK – I’m using your post on SDL. Hope it’s ok.[/quote]
Please do. I can link to it as an expert opinion when people ask why I’m looking in O’side rather than Carlsbad or Encinitas 🙂
August 19, 2009 at 4:12 PM #446950AK
Participant[quote=jpinpb]AK – I’m using your post on SDL. Hope it’s ok.[/quote]
Please do. I can link to it as an expert opinion when people ask why I’m looking in O’side rather than Carlsbad or Encinitas 🙂
August 19, 2009 at 4:12 PM #447542AK
Participant[quote=jpinpb]AK – I’m using your post on SDL. Hope it’s ok.[/quote]
Please do. I can link to it as an expert opinion when people ask why I’m looking in O’side rather than Carlsbad or Encinitas 🙂
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