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February 27, 2009 at 11:34 PM in reply to: Obama wants to arrest the fall of home prices – Glenn Beck explains #357547
danthedart
ParticipantIf Obama and the Bush administration and all these congressmen were so smart, why don’t they know that the programs are just delaying the inevitable? And if they aren’t smart don’t they have lots of smart people advising them? You’d think that PhDs in economics would know this.
They talk about a housing recovery as if recovering means getting back to bubble prices.
danthedart
ParticipantIf Obama and the Bush administration and all these congressmen were so smart, why don’t they know that the programs are just delaying the inevitable? And if they aren’t smart don’t they have lots of smart people advising them? You’d think that PhDs in economics would know this.
They talk about a housing recovery as if recovering means getting back to bubble prices.
danthedart
ParticipantIf Obama and the Bush administration and all these congressmen were so smart, why don’t they know that the programs are just delaying the inevitable? And if they aren’t smart don’t they have lots of smart people advising them? You’d think that PhDs in economics would know this.
They talk about a housing recovery as if recovering means getting back to bubble prices.
danthedart
ParticipantIf Obama and the Bush administration and all these congressmen were so smart, why don’t they know that the programs are just delaying the inevitable? And if they aren’t smart don’t they have lots of smart people advising them? You’d think that PhDs in economics would know this.
They talk about a housing recovery as if recovering means getting back to bubble prices.
danthedart
ParticipantIf Obama and the Bush administration and all these congressmen were so smart, why don’t they know that the programs are just delaying the inevitable? And if they aren’t smart don’t they have lots of smart people advising them? You’d think that PhDs in economics would know this.
They talk about a housing recovery as if recovering means getting back to bubble prices.
danthedart
ParticipantThanks for the advice. Hard to predict anything in this uncertain economy.
danthedart
ParticipantThanks for the advice. Hard to predict anything in this uncertain economy.
danthedart
ParticipantThanks for the advice. Hard to predict anything in this uncertain economy.
danthedart
ParticipantThanks for the advice. Hard to predict anything in this uncertain economy.
danthedart
ParticipantThanks for the advice. Hard to predict anything in this uncertain economy.
December 19, 2008 at 2:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #318087danthedart
ParticipantNet operating income on rentals nationwide usually come in at 55% of gross.
55% of $2000 is only $1100.
Considering higher interest rates on investment properties and higher downpayment requirements, it might not be such a great investment.
December 19, 2008 at 2:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #318435danthedart
ParticipantNet operating income on rentals nationwide usually come in at 55% of gross.
55% of $2000 is only $1100.
Considering higher interest rates on investment properties and higher downpayment requirements, it might not be such a great investment.
December 19, 2008 at 2:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #318478danthedart
ParticipantNet operating income on rentals nationwide usually come in at 55% of gross.
55% of $2000 is only $1100.
Considering higher interest rates on investment properties and higher downpayment requirements, it might not be such a great investment.
December 19, 2008 at 2:14 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #318499danthedart
ParticipantNet operating income on rentals nationwide usually come in at 55% of gross.
55% of $2000 is only $1100.
Considering higher interest rates on investment properties and higher downpayment requirements, it might not be such a great investment.
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