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patientrenter
ParticipantGovt programs will be adjusted to the prices in the market. If prices start to go down again, govt programs will be stepped up.
ParticipantGovt programs will be adjusted to the prices in the market. If prices start to go down again, govt programs will be stepped up.
ParticipantGovt programs will be adjusted to the prices in the market. If prices start to go down again, govt programs will be stepped up.
ParticipantIt’s nice to see some good news. Ken Lewis in an orange jump-suit would be even better.
ParticipantIt’s nice to see some good news. Ken Lewis in an orange jump-suit would be even better.
ParticipantIt’s nice to see some good news. Ken Lewis in an orange jump-suit would be even better.
ParticipantIt’s nice to see some good news. Ken Lewis in an orange jump-suit would be even better.
ParticipantIt’s nice to see some good news. Ken Lewis in an orange jump-suit would be even better.
February 3, 2010 at 6:01 PM in reply to: Rising FHA default rate foreshadows a crush of foreclosures #508646Participant[quote=Nor-LA-SD-guy]It’s not so much home prices,
it’s employment, I don’t think the union will hold at 35 or 50% unemployment.
I think there would be wage riots at the very least.[/quote]
OK, Let me change it.
“Prop up home prices or we’ll have unemployment of 35 or 50%.”
It all comes back to feeding more and more money into keeping home prices elevated. But home prices need to reset without govt intervention. Spend govt stimulus instead on promoting export enterprises and import substitution enterprises.
This will never happen. Homeowners own the govt.
February 3, 2010 at 6:01 PM in reply to: Rising FHA default rate foreshadows a crush of foreclosures #508795Participant[quote=Nor-LA-SD-guy]It’s not so much home prices,
it’s employment, I don’t think the union will hold at 35 or 50% unemployment.
I think there would be wage riots at the very least.[/quote]
OK, Let me change it.
“Prop up home prices or we’ll have unemployment of 35 or 50%.”
It all comes back to feeding more and more money into keeping home prices elevated. But home prices need to reset without govt intervention. Spend govt stimulus instead on promoting export enterprises and import substitution enterprises.
This will never happen. Homeowners own the govt.
February 3, 2010 at 6:01 PM in reply to: Rising FHA default rate foreshadows a crush of foreclosures #509206Participant[quote=Nor-LA-SD-guy]It’s not so much home prices,
it’s employment, I don’t think the union will hold at 35 or 50% unemployment.
I think there would be wage riots at the very least.[/quote]
OK, Let me change it.
“Prop up home prices or we’ll have unemployment of 35 or 50%.”
It all comes back to feeding more and more money into keeping home prices elevated. But home prices need to reset without govt intervention. Spend govt stimulus instead on promoting export enterprises and import substitution enterprises.
This will never happen. Homeowners own the govt.
February 3, 2010 at 6:01 PM in reply to: Rising FHA default rate foreshadows a crush of foreclosures #509300Participant[quote=Nor-LA-SD-guy]It’s not so much home prices,
it’s employment, I don’t think the union will hold at 35 or 50% unemployment.
I think there would be wage riots at the very least.[/quote]
OK, Let me change it.
“Prop up home prices or we’ll have unemployment of 35 or 50%.”
It all comes back to feeding more and more money into keeping home prices elevated. But home prices need to reset without govt intervention. Spend govt stimulus instead on promoting export enterprises and import substitution enterprises.
This will never happen. Homeowners own the govt.
February 3, 2010 at 6:01 PM in reply to: Rising FHA default rate foreshadows a crush of foreclosures #509552Participant[quote=Nor-LA-SD-guy]It’s not so much home prices,
it’s employment, I don’t think the union will hold at 35 or 50% unemployment.
I think there would be wage riots at the very least.[/quote]
OK, Let me change it.
“Prop up home prices or we’ll have unemployment of 35 or 50%.”
It all comes back to feeding more and more money into keeping home prices elevated. But home prices need to reset without govt intervention. Spend govt stimulus instead on promoting export enterprises and import substitution enterprises.
This will never happen. Homeowners own the govt.
February 3, 2010 at 5:18 PM in reply to: Rising FHA default rate foreshadows a crush of foreclosures #509275Participant[quote=Nor-LA-SD-guy]….
Too many are too close to the edge right now, it would be very ugly and no one would be having a good time no matter how much money or assets you may currently think you have.[/quote]“Prop up home prices or we’ll all be doomed”.
Nonsense. We need to let the market reset fully and get on with making the best possible post-bubble world.
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