New-home sales plunge 33% to record low in May

[Allan from Fallbrook]

[quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes

[Coronita]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

Seems like we’re doing a pretty good job at being #1 at that 🙁

As soon as I pay off my mortgage and put my kid through school, I’m going to retire and life off the land…Oh wait, I need to move and find land instead of occupying my stucco box with patio 🙂

[Coronita]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

Seems like we’re doing a pretty good job at being #1 at that 🙁

As soon as I pay off my mortgage and put my kid through school, I’m going to retire and life off the land…Oh wait, I need to move and find land instead of occupying my stucco box with patio 🙂

[Coronita]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

Seems like we’re doing a pretty good job at being #1 at that 🙁

As soon as I pay off my mortgage and put my kid through school, I’m going to retire and life off the land…Oh wait, I need to move and find land instead of occupying my stucco box with patio 🙂

[Coronita]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

Seems like we’re doing a pretty good job at being #1 at that 🙁

As soon as I pay off my mortgage and put my kid through school, I’m going to retire and life off the land…Oh wait, I need to move and find land instead of occupying my stucco box with patio 🙂

[Coronita]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

Seems like we’re doing a pretty good job at being #1 at that 🙁

As soon as I pay off my mortgage and put my kid through school, I’m going to retire and life off the land…Oh wait, I need to move and find land instead of occupying my stucco box with patio 🙂

[DWCAP]

First off I think it was funny how they finally mentioned that the error rates on this is very high (10%). You never hear that kinda stuff if it is a ‘good’ (increasing) report. Just “SALES UP XXX%”

Second, what about the CA tax credit? I know the double dip time was in early may, sign in April, close in May or June. Some people must have missed the cut-off but still purchased anyways to get the CA credit, right? Does anyone think the numbers out of CA would have been even worse without it? Just askin, not tellin.

[DWCAP]

First off I think it was funny how they finally mentioned that the error rates on this is very high (10%). You never hear that kinda stuff if it is a ‘good’ (increasing) report. Just “SALES UP XXX%”

Second, what about the CA tax credit? I know the double dip time was in early may, sign in April, close in May or June. Some people must have missed the cut-off but still purchased anyways to get the CA credit, right? Does anyone think the numbers out of CA would have been even worse without it? Just askin, not tellin.

[DWCAP]

First off I think it was funny how they finally mentioned that the error rates on this is very high (10%). You never hear that kinda stuff if it is a ‘good’ (increasing) report. Just “SALES UP XXX%”

Second, what about the CA tax credit? I know the double dip time was in early may, sign in April, close in May or June. Some people must have missed the cut-off but still purchased anyways to get the CA credit, right? Does anyone think the numbers out of CA would have been even worse without it? Just askin, not tellin.

[DWCAP]

First off I think it was funny how they finally mentioned that the error rates on this is very high (10%). You never hear that kinda stuff if it is a ‘good’ (increasing) report. Just “SALES UP XXX%”

Second, what about the CA tax credit? I know the double dip time was in early may, sign in April, close in May or June. Some people must have missed the cut-off but still purchased anyways to get the CA credit, right? Does anyone think the numbers out of CA would have been even worse without it? Just askin, not tellin.

[DWCAP]

First off I think it was funny how they finally mentioned that the error rates on this is very high (10%). You never hear that kinda stuff if it is a ‘good’ (increasing) report. Just “SALES UP XXX%”

Second, what about the CA tax credit? I know the double dip time was in early may, sign in April, close in May or June. Some people must have missed the cut-off but still purchased anyways to get the CA credit, right? Does anyone think the numbers out of CA would have been even worse without it? Just askin, not tellin.

[outtamojo]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

I would add that whoever can also circulate the most money wins – that way you can confiscate the wealth of the world and not just your own citizens.

[outtamojo]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

I would add that whoever can also circulate the most money wins – that way you can confiscate the wealth of the world and not just your own citizens.

[outtamojo]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

I would add that whoever can also circulate the most money wins – that way you can confiscate the wealth of the world and not just your own citizens.

[outtamojo]

[quote=Allan from Fallbrook][quote=flu]I never thought that a tax credit would have generatde so much demand…Boy was I wrong about that.[/quote]

FLU: Whoever can print the most money wins.

“The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes[/quote]

I would add that whoever can also circulate the most money wins – that way you can confiscate the wealth of the world and not just your own citizens.

[Author]

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