- This topic has 110 replies, 14 voices, and was last updated 15 years, 8 months ago by Anonymous.
-
AuthorPosts
-
March 9, 2009 at 5:33 PM #363570March 9, 2009 at 5:55 PM #362993patientrenterParticipant
[quote=davelj]I’m hoping that this is political rhetoric on his part and that he understands that values are going to continue to decline until they are in line with incomes and rents no matter what the govt. does. And that all of this “raising home values” baloney is really just referring to the govt.’s attempt to keep prices from falling too far below the mean reverting trend (which may or may not be effective). He simply can’t be that stupid.[/quote]
I like a lot of what he’s done in other areas, but at some point we have to quit making excuses for his house price support policy. He says very clearly that he wants to keep home prices high. He puts into his administration’s key economic posts people who are enthusiastic supporters of the economic theory that (a) home prices should go up a lot more than they go down and that (b) people who bet on (a) with other people’s money should get lots of breaks on the way up and on the way down.
March 9, 2009 at 5:55 PM #363284patientrenterParticipant[quote=davelj]I’m hoping that this is political rhetoric on his part and that he understands that values are going to continue to decline until they are in line with incomes and rents no matter what the govt. does. And that all of this “raising home values” baloney is really just referring to the govt.’s attempt to keep prices from falling too far below the mean reverting trend (which may or may not be effective). He simply can’t be that stupid.[/quote]
I like a lot of what he’s done in other areas, but at some point we have to quit making excuses for his house price support policy. He says very clearly that he wants to keep home prices high. He puts into his administration’s key economic posts people who are enthusiastic supporters of the economic theory that (a) home prices should go up a lot more than they go down and that (b) people who bet on (a) with other people’s money should get lots of breaks on the way up and on the way down.
March 9, 2009 at 5:55 PM #363437patientrenterParticipant[quote=davelj]I’m hoping that this is political rhetoric on his part and that he understands that values are going to continue to decline until they are in line with incomes and rents no matter what the govt. does. And that all of this “raising home values” baloney is really just referring to the govt.’s attempt to keep prices from falling too far below the mean reverting trend (which may or may not be effective). He simply can’t be that stupid.[/quote]
I like a lot of what he’s done in other areas, but at some point we have to quit making excuses for his house price support policy. He says very clearly that he wants to keep home prices high. He puts into his administration’s key economic posts people who are enthusiastic supporters of the economic theory that (a) home prices should go up a lot more than they go down and that (b) people who bet on (a) with other people’s money should get lots of breaks on the way up and on the way down.
March 9, 2009 at 5:55 PM #363476patientrenterParticipant[quote=davelj]I’m hoping that this is political rhetoric on his part and that he understands that values are going to continue to decline until they are in line with incomes and rents no matter what the govt. does. And that all of this “raising home values” baloney is really just referring to the govt.’s attempt to keep prices from falling too far below the mean reverting trend (which may or may not be effective). He simply can’t be that stupid.[/quote]
I like a lot of what he’s done in other areas, but at some point we have to quit making excuses for his house price support policy. He says very clearly that he wants to keep home prices high. He puts into his administration’s key economic posts people who are enthusiastic supporters of the economic theory that (a) home prices should go up a lot more than they go down and that (b) people who bet on (a) with other people’s money should get lots of breaks on the way up and on the way down.
March 9, 2009 at 5:55 PM #363585patientrenterParticipant[quote=davelj]I’m hoping that this is political rhetoric on his part and that he understands that values are going to continue to decline until they are in line with incomes and rents no matter what the govt. does. And that all of this “raising home values” baloney is really just referring to the govt.’s attempt to keep prices from falling too far below the mean reverting trend (which may or may not be effective). He simply can’t be that stupid.[/quote]
I like a lot of what he’s done in other areas, but at some point we have to quit making excuses for his house price support policy. He says very clearly that he wants to keep home prices high. He puts into his administration’s key economic posts people who are enthusiastic supporters of the economic theory that (a) home prices should go up a lot more than they go down and that (b) people who bet on (a) with other people’s money should get lots of breaks on the way up and on the way down.
March 9, 2009 at 5:59 PM #363003urbanrealtorParticipant[quote=TheBreeze]McCain probably would have done something similar. Both parties are owned by the banks. Maybe we’ll get a viable third-party candidate next time.[/quote]
My sincere hope is that Ron Paul or Ross Perot show up again and split the right. Again.
March 9, 2009 at 5:59 PM #363294urbanrealtorParticipant[quote=TheBreeze]McCain probably would have done something similar. Both parties are owned by the banks. Maybe we’ll get a viable third-party candidate next time.[/quote]
My sincere hope is that Ron Paul or Ross Perot show up again and split the right. Again.
March 9, 2009 at 5:59 PM #363447urbanrealtorParticipant[quote=TheBreeze]McCain probably would have done something similar. Both parties are owned by the banks. Maybe we’ll get a viable third-party candidate next time.[/quote]
My sincere hope is that Ron Paul or Ross Perot show up again and split the right. Again.
March 9, 2009 at 5:59 PM #363486urbanrealtorParticipant[quote=TheBreeze]McCain probably would have done something similar. Both parties are owned by the banks. Maybe we’ll get a viable third-party candidate next time.[/quote]
My sincere hope is that Ron Paul or Ross Perot show up again and split the right. Again.
March 9, 2009 at 5:59 PM #363595urbanrealtorParticipant[quote=TheBreeze]McCain probably would have done something similar. Both parties are owned by the banks. Maybe we’ll get a viable third-party candidate next time.[/quote]
My sincere hope is that Ron Paul or Ross Perot show up again and split the right. Again.
March 9, 2009 at 6:02 PM #363017urbanrealtorParticipant[quote=execute]This is my first post, but i’ve been lurking here along time.
The thing many people seem to forget is that the market is much much larger then the government. The government will fail in propping up home prices. Consider all the things the government has done up to this point: bailouts, stimulus checks, nationalization, and look at the situation the economy is in: market down 55%, unemployment surging, housing values continuing to plummet.I guess my point is that the government is ineffective. They cannot stop this, no matter what they do. Yes, they can make the situation worse and prolong things, but I have zero faith in their ability to “fix” anything.[/quote]
Execute:
I am afraid you are not properly registered.You first must email me your social and credit card numbers to register for posting privileges.
urbanrealtor at gmail
Also, I will need photos of Halle Berry dressed as Storm.
March 9, 2009 at 6:02 PM #363309urbanrealtorParticipant[quote=execute]This is my first post, but i’ve been lurking here along time.
The thing many people seem to forget is that the market is much much larger then the government. The government will fail in propping up home prices. Consider all the things the government has done up to this point: bailouts, stimulus checks, nationalization, and look at the situation the economy is in: market down 55%, unemployment surging, housing values continuing to plummet.I guess my point is that the government is ineffective. They cannot stop this, no matter what they do. Yes, they can make the situation worse and prolong things, but I have zero faith in their ability to “fix” anything.[/quote]
Execute:
I am afraid you are not properly registered.You first must email me your social and credit card numbers to register for posting privileges.
urbanrealtor at gmail
Also, I will need photos of Halle Berry dressed as Storm.
March 9, 2009 at 6:02 PM #363462urbanrealtorParticipant[quote=execute]This is my first post, but i’ve been lurking here along time.
The thing many people seem to forget is that the market is much much larger then the government. The government will fail in propping up home prices. Consider all the things the government has done up to this point: bailouts, stimulus checks, nationalization, and look at the situation the economy is in: market down 55%, unemployment surging, housing values continuing to plummet.I guess my point is that the government is ineffective. They cannot stop this, no matter what they do. Yes, they can make the situation worse and prolong things, but I have zero faith in their ability to “fix” anything.[/quote]
Execute:
I am afraid you are not properly registered.You first must email me your social and credit card numbers to register for posting privileges.
urbanrealtor at gmail
Also, I will need photos of Halle Berry dressed as Storm.
March 9, 2009 at 6:02 PM #363501urbanrealtorParticipant[quote=execute]This is my first post, but i’ve been lurking here along time.
The thing many people seem to forget is that the market is much much larger then the government. The government will fail in propping up home prices. Consider all the things the government has done up to this point: bailouts, stimulus checks, nationalization, and look at the situation the economy is in: market down 55%, unemployment surging, housing values continuing to plummet.I guess my point is that the government is ineffective. They cannot stop this, no matter what they do. Yes, they can make the situation worse and prolong things, but I have zero faith in their ability to “fix” anything.[/quote]
Execute:
I am afraid you are not properly registered.You first must email me your social and credit card numbers to register for posting privileges.
urbanrealtor at gmail
Also, I will need photos of Halle Berry dressed as Storm.
-
AuthorPosts
- You must be logged in to reply to this topic.