Mortgage broker predicts further collapse in housing

[partypup]

Arraya, great find. And you know how I feel. Unless you plan to lay down roots somewhere for 10+ years, it’s beyond folly to even consider buying now. We have been happily renting for the past 3 years and are currently negotiating a rental a little further up the coast to a larger house that is currently valued at $1.4 million – and was valued at $5.06 million in 2006. We’re paying the owner $1,000 less than the tenant who just moved out. Unemployment – the key driver in all of this – is going nowhere but up.

This epic fall has only just begun.

[briansd1]

[quote=Zeitgeist] I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. [/quote]

If the party is really over and society is a about to break apart, do you think that we have the money to pay for robotics and DNA intervention on a large scale?

BTW, isn’t DNA intervention sacrilegious?

[briansd1]

[quote=Zeitgeist] I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. [/quote]

If the party is really over and society is a about to break apart, do you think that we have the money to pay for robotics and DNA intervention on a large scale?

BTW, isn’t DNA intervention sacrilegious?

[briansd1]

[quote=Zeitgeist] I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. [/quote]

If the party is really over and society is a about to break apart, do you think that we have the money to pay for robotics and DNA intervention on a large scale?

BTW, isn’t DNA intervention sacrilegious?

[briansd1]

[quote=Zeitgeist] I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. [/quote]

If the party is really over and society is a about to break apart, do you think that we have the money to pay for robotics and DNA intervention on a large scale?

BTW, isn’t DNA intervention sacrilegious?

[briansd1]

[quote=Zeitgeist] I would expect technology to have some influence in the next 23 years that would impact housing and life styles, such as more robotic devices, DNA interventions to cure and keep people alive longer which will impact supply and demand. [/quote]

If the party is really over and society is a about to break apart, do you think that we have the money to pay for robotics and DNA intervention on a large scale?

BTW, isn’t DNA intervention sacrilegious?

[Author]

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