CAR housing affordability index

[jpinpb]

AK – I’m using your post on SDL. Hope it’s ok.

[smshorttimer]

[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?

[smshorttimer]

[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?

[smshorttimer]

[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?

[smshorttimer]

[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?

[smshorttimer]

[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?

[evolusd]

I saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.

[evolusd]

I saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.

[evolusd]

I saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.

[evolusd]

I saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.

[evolusd]

I saw the UT article. I’m just glad they pointed out that he (Larry Yun) COMPLETELY missed the bubble.

[AK]

[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 🙂

[AK]

[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 🙂

[AK]

[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 🙂

[AK]

[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 🙂

[Author]

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