New Paradigm: The job market is the biggest economic problem

[KIBU]

Borat,

Fundamental changes are coming soon to America. The government is going to bail out everyone in America (but except you or any of your funny relatives)

There are many ways government can do this. Think about it, worse come to worst, they can get several families join into one roof, become communal and all contribute to pay the mortgage. America will be saved this way financially and culturally and we will just be going back to our family’s roots of 3 generations under 1 roof like in Kazakhstan (but no cousin kisses allowed). Cheers.

[4plexowner]

Borat: you still have much to learn about the fabulously wealthy – the 5 series BMW is what we buy our 15 year old kids for their first car – for ourselves we get the 8 series BMW (http://www.ukzero.co.uk/bmw07.jpg) or the Maybach (http://www.carstopsites.com/Cars/Maybach/Maybach1.jpg)

[4plexowner]

Borat: you still have much to learn about the fabulously wealthy – the 5 series BMW is what we buy our 15 year old kids for their first car – for ourselves we get the 8 series BMW (http://www.ukzero.co.uk/bmw07.jpg) or the Maybach (http://www.carstopsites.com/Cars/Maybach/Maybach1.jpg)

[4plexowner]

Borat: you still have much to learn about the fabulously wealthy – the 5 series BMW is what we buy our 15 year old kids for their first car – for ourselves we get the 8 series BMW (http://www.ukzero.co.uk/bmw07.jpg) or the Maybach (http://www.carstopsites.com/Cars/Maybach/Maybach1.jpg)

[4plexowner]

Borat: you still have much to learn about the fabulously wealthy – the 5 series BMW is what we buy our 15 year old kids for their first car – for ourselves we get the 8 series BMW (http://www.ukzero.co.uk/bmw07.jpg) or the Maybach (http://www.carstopsites.com/Cars/Maybach/Maybach1.jpg)

[4plexowner]

Borat: you still have much to learn about the fabulously wealthy – the 5 series BMW is what we buy our 15 year old kids for their first car – for ourselves we get the 8 series BMW (http://www.ukzero.co.uk/bmw07.jpg) or the Maybach (http://www.carstopsites.com/Cars/Maybach/Maybach1.jpg)

[EconProf]

Another downward push to housing prices is developing–the decline in rents. It makes potential buyers rethink the house payments vs. monthly rent decision. The old saw about a housing recovery coming when buying is cheaper than renting will push off the time of recovery.

[EconProf]

Another downward push to housing prices is developing–the decline in rents. It makes potential buyers rethink the house payments vs. monthly rent decision. The old saw about a housing recovery coming when buying is cheaper than renting will push off the time of recovery.

[EconProf]

Another downward push to housing prices is developing–the decline in rents. It makes potential buyers rethink the house payments vs. monthly rent decision. The old saw about a housing recovery coming when buying is cheaper than renting will push off the time of recovery.

[EconProf]

Another downward push to housing prices is developing–the decline in rents. It makes potential buyers rethink the house payments vs. monthly rent decision. The old saw about a housing recovery coming when buying is cheaper than renting will push off the time of recovery.

[EconProf]

Another downward push to housing prices is developing–the decline in rents. It makes potential buyers rethink the house payments vs. monthly rent decision. The old saw about a housing recovery coming when buying is cheaper than renting will push off the time of recovery.

[4plexowner]

Yes, EconProf, we have a perfect storm developing in real estate

– declining prices
– declining rents
– increasing aversion to financial risk taking
– increasing difficulty in obtaining mortgage loans
– rising inventory of for sale and for rent housing
– increasing unemployment
– pay option ARM loans resetting for next 2 years

eventually the final nail will be put into this coffin – that will be rising interest rates

at the bottom in 2012 or later, those of us who have maintained our ability to actually purchase real estate will have a field day

what’s even cooler than that is that from the bottom, real estate investment will only get better – interest rates will decline and demand for housing will rise

you only need to make a few good investment decisions in your lifetime (while avoiding the bad decisions of course) – IMO waiting for the bottom in real estate is one of those good decisions

[4plexowner]

Yes, EconProf, we have a perfect storm developing in real estate

– declining prices
– declining rents
– increasing aversion to financial risk taking
– increasing difficulty in obtaining mortgage loans
– rising inventory of for sale and for rent housing
– increasing unemployment
– pay option ARM loans resetting for next 2 years

eventually the final nail will be put into this coffin – that will be rising interest rates

at the bottom in 2012 or later, those of us who have maintained our ability to actually purchase real estate will have a field day

what’s even cooler than that is that from the bottom, real estate investment will only get better – interest rates will decline and demand for housing will rise

you only need to make a few good investment decisions in your lifetime (while avoiding the bad decisions of course) – IMO waiting for the bottom in real estate is one of those good decisions

[4plexowner]

Yes, EconProf, we have a perfect storm developing in real estate

– declining prices
– declining rents
– increasing aversion to financial risk taking
– increasing difficulty in obtaining mortgage loans
– rising inventory of for sale and for rent housing
– increasing unemployment
– pay option ARM loans resetting for next 2 years

eventually the final nail will be put into this coffin – that will be rising interest rates

at the bottom in 2012 or later, those of us who have maintained our ability to actually purchase real estate will have a field day

what’s even cooler than that is that from the bottom, real estate investment will only get better – interest rates will decline and demand for housing will rise

you only need to make a few good investment decisions in your lifetime (while avoiding the bad decisions of course) – IMO waiting for the bottom in real estate is one of those good decisions

[4plexowner]

Yes, EconProf, we have a perfect storm developing in real estate

– declining prices
– declining rents
– increasing aversion to financial risk taking
– increasing difficulty in obtaining mortgage loans
– rising inventory of for sale and for rent housing
– increasing unemployment
– pay option ARM loans resetting for next 2 years

eventually the final nail will be put into this coffin – that will be rising interest rates

at the bottom in 2012 or later, those of us who have maintained our ability to actually purchase real estate will have a field day

what’s even cooler than that is that from the bottom, real estate investment will only get better – interest rates will decline and demand for housing will rise

you only need to make a few good investment decisions in your lifetime (while avoiding the bad decisions of course) – IMO waiting for the bottom in real estate is one of those good decisions

[Author]

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