Forum Replies Created
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AuthorPosts
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Mean Reversion
ParticipantI didn’t know this was obvious.
It isn’t just that people are underwater. That is less than 10%. It is that the average homeowner now has less than 50% equity. I hadn’t heard this statistic before.
Perhaps if things are so obvious to you, you can tell us how this is all going to play out?
In any case, I think this helps mark a big psychological shift in homeownership thinking. The house-as-an-ATM mindset will gradually be a thing of the past as it never should have existed in the first place. That along with everyone thinking it is prudent to buy a home with 0% down.
Mean Reversion
ParticipantI didn’t know this was obvious.
It isn’t just that people are underwater. That is less than 10%. It is that the average homeowner now has less than 50% equity. I hadn’t heard this statistic before.
Perhaps if things are so obvious to you, you can tell us how this is all going to play out?
In any case, I think this helps mark a big psychological shift in homeownership thinking. The house-as-an-ATM mindset will gradually be a thing of the past as it never should have existed in the first place. That along with everyone thinking it is prudent to buy a home with 0% down.
Mean Reversion
ParticipantI didn’t know this was obvious.
It isn’t just that people are underwater. That is less than 10%. It is that the average homeowner now has less than 50% equity. I hadn’t heard this statistic before.
Perhaps if things are so obvious to you, you can tell us how this is all going to play out?
In any case, I think this helps mark a big psychological shift in homeownership thinking. The house-as-an-ATM mindset will gradually be a thing of the past as it never should have existed in the first place. That along with everyone thinking it is prudent to buy a home with 0% down.
Mean Reversion
ParticipantI didn’t know this was obvious.
It isn’t just that people are underwater. That is less than 10%. It is that the average homeowner now has less than 50% equity. I hadn’t heard this statistic before.
Perhaps if things are so obvious to you, you can tell us how this is all going to play out?
In any case, I think this helps mark a big psychological shift in homeownership thinking. The house-as-an-ATM mindset will gradually be a thing of the past as it never should have existed in the first place. That along with everyone thinking it is prudent to buy a home with 0% down.
Mean Reversion
ParticipantWe’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.
I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?
Mean Reversion
ParticipantWe’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.
I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?
Mean Reversion
ParticipantWe’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.
I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?
Mean Reversion
ParticipantWe’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.
I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?
Mean Reversion
ParticipantWe’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.
I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?
Mean Reversion
ParticipantWho was the recipient of the survey?
A random individual or a homeowner?
I’ve never found these surveys to be that useful. It often has a high correlation with what you find in the general media.
Mean Reversion
ParticipantWho was the recipient of the survey?
A random individual or a homeowner?
I’ve never found these surveys to be that useful. It often has a high correlation with what you find in the general media.
Mean Reversion
ParticipantWho was the recipient of the survey?
A random individual or a homeowner?
I’ve never found these surveys to be that useful. It often has a high correlation with what you find in the general media.
Mean Reversion
ParticipantWho was the recipient of the survey?
A random individual or a homeowner?
I’ve never found these surveys to be that useful. It often has a high correlation with what you find in the general media.
Mean Reversion
ParticipantWho was the recipient of the survey?
A random individual or a homeowner?
I’ve never found these surveys to be that useful. It often has a high correlation with what you find in the general media.
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