Yun’s Solution to Housing Problem

[Deal Hunter]

http://www.realtor.org/research/commentary_top_down.html

If he thinks $5K will get someone to buy a house, he must also believe that $300-$1200 will revive consumer spending.

I generally like the over-optimistic Yun, but this time, I say, “what a maroon.”

[cr]

Just another line from the peanut gallery IMO.

It started with bailouts, followed by proposed interest rate freezes, then re-negotiating adjustable loans, now let’s give them $5000 for buying a home.

I wonder if they will ever realize that everything they do to keep people in over-priced homes today, will further hurt values, reduce future sales, and limit potential buyers for years to come.

There’s one thing that will pick home sales back up: lower prices. Yet they’ll do anything and everything to prevent that.

[cr]

Just another line from the peanut gallery IMO.

It started with bailouts, followed by proposed interest rate freezes, then re-negotiating adjustable loans, now let’s give them $5000 for buying a home.

I wonder if they will ever realize that everything they do to keep people in over-priced homes today, will further hurt values, reduce future sales, and limit potential buyers for years to come.

There’s one thing that will pick home sales back up: lower prices. Yet they’ll do anything and everything to prevent that.

[cr]

Just another line from the peanut gallery IMO.

It started with bailouts, followed by proposed interest rate freezes, then re-negotiating adjustable loans, now let’s give them $5000 for buying a home.

I wonder if they will ever realize that everything they do to keep people in over-priced homes today, will further hurt values, reduce future sales, and limit potential buyers for years to come.

There’s one thing that will pick home sales back up: lower prices. Yet they’ll do anything and everything to prevent that.

[cr]

Just another line from the peanut gallery IMO.

It started with bailouts, followed by proposed interest rate freezes, then re-negotiating adjustable loans, now let’s give them $5000 for buying a home.

I wonder if they will ever realize that everything they do to keep people in over-priced homes today, will further hurt values, reduce future sales, and limit potential buyers for years to come.

There’s one thing that will pick home sales back up: lower prices. Yet they’ll do anything and everything to prevent that.

[cr]

Just another line from the peanut gallery IMO.

It started with bailouts, followed by proposed interest rate freezes, then re-negotiating adjustable loans, now let’s give them $5000 for buying a home.

I wonder if they will ever realize that everything they do to keep people in over-priced homes today, will further hurt values, reduce future sales, and limit potential buyers for years to come.

There’s one thing that will pick home sales back up: lower prices. Yet they’ll do anything and everything to prevent that.

[Author]

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