- This topic has 565 replies, 25 voices, and was last updated 13 years, 5 months ago by scaredyclassic.
-
AuthorPosts
-
May 26, 2011 at 7:09 PM #700388May 26, 2011 at 8:19 PM #699228paramountParticipant
[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 #699321paramountParticipant[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 #699908paramountParticipant[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 #700053paramountParticipant[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 #700408paramountParticipant[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 #699238scaredyclassicParticipantmaybe 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 #699331scaredyclassicParticipantmaybe 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 #699917scaredyclassicParticipantmaybe 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 #700063scaredyclassicParticipantmaybe 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 #700418scaredyclassicParticipantmaybe 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
-
AuthorPosts
- You must be logged in to reply to this topic.