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scaredyclassic.
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May 26, 2011 at 7:09 PM #700388May 26, 2011 at 8:19 PM #699228
paramount
Participant[quote=briansd1]A friend told me that Suzie Orman is now advocating walking away from upside down houses.
I never watch Suzie Orman because I find her obnoxious, but many like her.
Before, my friend was steadfast in that if you can afford the house, you should make the payments. But now he’s seeing the financial wisdom of walking away.[/quote]
Sounds like good advice; and honestly is there any indication at all that the economy overall is improving substantially. Were looking at averaging 2% gdp growth this year if were lucky.
Housing prices in general are going down; and what’s going to happen when interest rates or lending requirements increase? The downward pressure will increase.
Right now, the overall outlook for the US economy and housing market seems bleak from what I’m hearing and reading.
May 26, 2011 at 8:19 PM #699321paramount
Participant[quote=briansd1]A friend told me that Suzie Orman is now advocating walking away from upside down houses.
I never watch Suzie Orman because I find her obnoxious, but many like her.
Before, my friend was steadfast in that if you can afford the house, you should make the payments. But now he’s seeing the financial wisdom of walking away.[/quote]
Sounds like good advice; and honestly is there any indication at all that the economy overall is improving substantially. Were looking at averaging 2% gdp growth this year if were lucky.
Housing prices in general are going down; and what’s going to happen when interest rates or lending requirements increase? The downward pressure will increase.
Right now, the overall outlook for the US economy and housing market seems bleak from what I’m hearing and reading.
May 26, 2011 at 8:19 PM #699908paramount
Participant[quote=briansd1]A friend told me that Suzie Orman is now advocating walking away from upside down houses.
I never watch Suzie Orman because I find her obnoxious, but many like her.
Before, my friend was steadfast in that if you can afford the house, you should make the payments. But now he’s seeing the financial wisdom of walking away.[/quote]
Sounds like good advice; and honestly is there any indication at all that the economy overall is improving substantially. Were looking at averaging 2% gdp growth this year if were lucky.
Housing prices in general are going down; and what’s going to happen when interest rates or lending requirements increase? The downward pressure will increase.
Right now, the overall outlook for the US economy and housing market seems bleak from what I’m hearing and reading.
May 26, 2011 at 8:19 PM #700053paramount
Participant[quote=briansd1]A friend told me that Suzie Orman is now advocating walking away from upside down houses.
I never watch Suzie Orman because I find her obnoxious, but many like her.
Before, my friend was steadfast in that if you can afford the house, you should make the payments. But now he’s seeing the financial wisdom of walking away.[/quote]
Sounds like good advice; and honestly is there any indication at all that the economy overall is improving substantially. Were looking at averaging 2% gdp growth this year if were lucky.
Housing prices in general are going down; and what’s going to happen when interest rates or lending requirements increase? The downward pressure will increase.
Right now, the overall outlook for the US economy and housing market seems bleak from what I’m hearing and reading.
May 26, 2011 at 8:19 PM #700408paramount
Participant[quote=briansd1]A friend told me that Suzie Orman is now advocating walking away from upside down houses.
I never watch Suzie Orman because I find her obnoxious, but many like her.
Before, my friend was steadfast in that if you can afford the house, you should make the payments. But now he’s seeing the financial wisdom of walking away.[/quote]
Sounds like good advice; and honestly is there any indication at all that the economy overall is improving substantially. Were looking at averaging 2% gdp growth this year if were lucky.
Housing prices in general are going down; and what’s going to happen when interest rates or lending requirements increase? The downward pressure will increase.
Right now, the overall outlook for the US economy and housing market seems bleak from what I’m hearing and reading.
May 26, 2011 at 8:55 PM #699238scaredyclassic
Participantmaybe suze orman is a contrarian indicator. it might be time to load up on debt guaranteed by the government. If suze says walk it might mean buy
May 26, 2011 at 8:55 PM #699331scaredyclassic
Participantmaybe suze orman is a contrarian indicator. it might be time to load up on debt guaranteed by the government. If suze says walk it might mean buy
May 26, 2011 at 8:55 PM #699917scaredyclassic
Participantmaybe suze orman is a contrarian indicator. it might be time to load up on debt guaranteed by the government. If suze says walk it might mean buy
May 26, 2011 at 8:55 PM #700063scaredyclassic
Participantmaybe suze orman is a contrarian indicator. it might be time to load up on debt guaranteed by the government. If suze says walk it might mean buy
May 26, 2011 at 8:55 PM #700418scaredyclassic
Participantmaybe suze orman is a contrarian indicator. it might be time to load up on debt guaranteed by the government. If suze says walk it might mean buy
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