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Diego Mamani
ParticipantIt certainly takes a tea party sympathizer, anti-immigrant type to misspell “illegals.” What country is the OP from?
According to the law of the land, only the Federal government has jurisdiction over immigration matters. The bigoted Arizona law may be popular with the majority now, but that doesn’t make it constitutional. (The National Socialist party in Germany was very popular with the majority in the 1930s, but they were still on the wrong side of history.)
Diego Mamani
ParticipantIt certainly takes a tea party sympathizer, anti-immigrant type to misspell “illegals.” What country is the OP from?
According to the law of the land, only the Federal government has jurisdiction over immigration matters. The bigoted Arizona law may be popular with the majority now, but that doesn’t make it constitutional. (The National Socialist party in Germany was very popular with the majority in the 1930s, but they were still on the wrong side of history.)
Diego Mamani
ParticipantIt certainly takes a tea party sympathizer, anti-immigrant type to misspell “illegals.” What country is the OP from?
According to the law of the land, only the Federal government has jurisdiction over immigration matters. The bigoted Arizona law may be popular with the majority now, but that doesn’t make it constitutional. (The National Socialist party in Germany was very popular with the majority in the 1930s, but they were still on the wrong side of history.)
Diego Mamani
ParticipantIt certainly takes a tea party sympathizer, anti-immigrant type to misspell “illegals.” What country is the OP from?
According to the law of the land, only the Federal government has jurisdiction over immigration matters. The bigoted Arizona law may be popular with the majority now, but that doesn’t make it constitutional. (The National Socialist party in Germany was very popular with the majority in the 1930s, but they were still on the wrong side of history.)
September 8, 2010 at 2:39 PM in reply to: NYT article: Housing Woes Bring a New Cry: Let the Market Fall #602289Diego Mamani
Participant[quote=danielwis]There will more corrections in some markets, but I think the majority of markets are at or very close to the bottom.[/quote]
I’m not sure… prices in So. Cal. were depressed in the mid 1990s, and grossly inflated by 2005. If you take a house that sold for $400K in 2000, and allow a generous 35% increase to account for inflation over the last decade, that house should sell for under $550K today.
Truth is, a house like that in, say, Orange County would have sold for $800K or more at the peak of the Great Bubble (2005-2006), but today sells in the $680K-$720K range. Still overpriced relative to $540K. Had the govt not distorted the markets so much, maybe that house would be selling for less than $600K today.
September 8, 2010 at 2:39 PM in reply to: NYT article: Housing Woes Bring a New Cry: Let the Market Fall #602378Diego Mamani
Participant[quote=danielwis]There will more corrections in some markets, but I think the majority of markets are at or very close to the bottom.[/quote]
I’m not sure… prices in So. Cal. were depressed in the mid 1990s, and grossly inflated by 2005. If you take a house that sold for $400K in 2000, and allow a generous 35% increase to account for inflation over the last decade, that house should sell for under $550K today.
Truth is, a house like that in, say, Orange County would have sold for $800K or more at the peak of the Great Bubble (2005-2006), but today sells in the $680K-$720K range. Still overpriced relative to $540K. Had the govt not distorted the markets so much, maybe that house would be selling for less than $600K today.
September 8, 2010 at 2:39 PM in reply to: NYT article: Housing Woes Bring a New Cry: Let the Market Fall #602926Diego Mamani
Participant[quote=danielwis]There will more corrections in some markets, but I think the majority of markets are at or very close to the bottom.[/quote]
I’m not sure… prices in So. Cal. were depressed in the mid 1990s, and grossly inflated by 2005. If you take a house that sold for $400K in 2000, and allow a generous 35% increase to account for inflation over the last decade, that house should sell for under $550K today.
Truth is, a house like that in, say, Orange County would have sold for $800K or more at the peak of the Great Bubble (2005-2006), but today sells in the $680K-$720K range. Still overpriced relative to $540K. Had the govt not distorted the markets so much, maybe that house would be selling for less than $600K today.
September 8, 2010 at 2:39 PM in reply to: NYT article: Housing Woes Bring a New Cry: Let the Market Fall #603032Diego Mamani
Participant[quote=danielwis]There will more corrections in some markets, but I think the majority of markets are at or very close to the bottom.[/quote]
I’m not sure… prices in So. Cal. were depressed in the mid 1990s, and grossly inflated by 2005. If you take a house that sold for $400K in 2000, and allow a generous 35% increase to account for inflation over the last decade, that house should sell for under $550K today.
Truth is, a house like that in, say, Orange County would have sold for $800K or more at the peak of the Great Bubble (2005-2006), but today sells in the $680K-$720K range. Still overpriced relative to $540K. Had the govt not distorted the markets so much, maybe that house would be selling for less than $600K today.
September 8, 2010 at 2:39 PM in reply to: NYT article: Housing Woes Bring a New Cry: Let the Market Fall #603350Diego Mamani
Participant[quote=danielwis]There will more corrections in some markets, but I think the majority of markets are at or very close to the bottom.[/quote]
I’m not sure… prices in So. Cal. were depressed in the mid 1990s, and grossly inflated by 2005. If you take a house that sold for $400K in 2000, and allow a generous 35% increase to account for inflation over the last decade, that house should sell for under $550K today.
Truth is, a house like that in, say, Orange County would have sold for $800K or more at the peak of the Great Bubble (2005-2006), but today sells in the $680K-$720K range. Still overpriced relative to $540K. Had the govt not distorted the markets so much, maybe that house would be selling for less than $600K today.
Diego Mamani
Participant[quote]This topic always comes up (mainly by liberals) that our children need to learn other languages…[/quote]
Didn’t we have a rule against hijacking a thread for political purposes?
Diego Mamani
Participant[quote]This topic always comes up (mainly by liberals) that our children need to learn other languages…[/quote]
Didn’t we have a rule against hijacking a thread for political purposes?
Diego Mamani
Participant[quote]This topic always comes up (mainly by liberals) that our children need to learn other languages…[/quote]
Didn’t we have a rule against hijacking a thread for political purposes?
Diego Mamani
Participant[quote]This topic always comes up (mainly by liberals) that our children need to learn other languages…[/quote]
Didn’t we have a rule against hijacking a thread for political purposes?
Diego Mamani
Participant[quote]This topic always comes up (mainly by liberals) that our children need to learn other languages…[/quote]
Didn’t we have a rule against hijacking a thread for political purposes?
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