[ralphfurley]

[quote=bsrsharma]Some interesting videos (Peter Schiff interviews)

http://www.youtube.com/watch?v=djgH9wA-JSU

http://www.youtube.com/watch?v=jv_kLqxbtcg

[/quote]
The second video was great. Wow. Highly unpopular and called it like a champ.

[ralphfurley]

[quote=bsrsharma]Some interesting videos (Peter Schiff interviews)

http://www.youtube.com/watch?v=djgH9wA-JSU

http://www.youtube.com/watch?v=jv_kLqxbtcg

[/quote]
The second video was great. Wow. Highly unpopular and called it like a champ.

[ralphfurley]

[quote=bsrsharma]Some interesting videos (Peter Schiff interviews)

http://www.youtube.com/watch?v=djgH9wA-JSU

http://www.youtube.com/watch?v=jv_kLqxbtcg

[/quote]
The second video was great. Wow. Highly unpopular and called it like a champ.

[ralphfurley]

[quote=bsrsharma]Some interesting videos (Peter Schiff interviews)

http://www.youtube.com/watch?v=djgH9wA-JSU

http://www.youtube.com/watch?v=jv_kLqxbtcg

[/quote]
The second video was great. Wow. Highly unpopular and called it like a champ.

[ralphfurley]

[quote=bsrsharma]Some interesting videos (Peter Schiff interviews)

http://www.youtube.com/watch?v=djgH9wA-JSU

http://www.youtube.com/watch?v=jv_kLqxbtcg

[/quote]
The second video was great. Wow. Highly unpopular and called it like a champ.

[ralphfurley]

[quote=Ex-SD]
[snip]…you’re an angry, disillusioned person…
[/quote]
I know I am.

Are you happy with the way things were run the last 8 years? Are you better off now than you were before Bush became president? Do you think the country is better off now?

Angry? Yes. Disillusioned with this administration? You betcha.

—————————-

I agree that McCain should have been president back in 2000. I think he would have done this country proud.

[ralphfurley]

[quote=Ex-SD]
[snip]…you’re an angry, disillusioned person…
[/quote]
I know I am.

Are you happy with the way things were run the last 8 years? Are you better off now than you were before Bush became president? Do you think the country is better off now?

Angry? Yes. Disillusioned with this administration? You betcha.

—————————-

I agree that McCain should have been president back in 2000. I think he would have done this country proud.

[ralphfurley]

[quote=Ex-SD]
[snip]…you’re an angry, disillusioned person…
[/quote]
I know I am.

Are you happy with the way things were run the last 8 years? Are you better off now than you were before Bush became president? Do you think the country is better off now?

Angry? Yes. Disillusioned with this administration? You betcha.

—————————-

I agree that McCain should have been president back in 2000. I think he would have done this country proud.

[ralphfurley]

[quote=Ex-SD]
[snip]…you’re an angry, disillusioned person…
[/quote]
I know I am.

Are you happy with the way things were run the last 8 years? Are you better off now than you were before Bush became president? Do you think the country is better off now?

Angry? Yes. Disillusioned with this administration? You betcha.

—————————-

I agree that McCain should have been president back in 2000. I think he would have done this country proud.

[ralphfurley]

[quote=Ex-SD]
[snip]…you’re an angry, disillusioned person…
[/quote]
I know I am.

Are you happy with the way things were run the last 8 years? Are you better off now than you were before Bush became president? Do you think the country is better off now?

Angry? Yes. Disillusioned with this administration? You betcha.

—————————-

I agree that McCain should have been president back in 2000. I think he would have done this country proud.

[ralphfurley]

[quote=esmith]How about we stop panicking and try to do some level-headed analysis.

– Knowing that you can get a 5% 30-year fixed mortgage, what would be your total monthly payment if you bought a median house today? Let’s say 20% down…
[/quote]
I heard the argument that many of the people that should be buying today with 20% down, already jumped in the game a couple years ago with fancy financing. So there aren’t many up and comers with a good chunk of change down. Not enough to buy up all the inventory out there and the wave of foreclosures about to hit us.

[quote=esmith]
– When was the last time houses were this cheap?
[/quote]
I still don’t think housing prices are 2-3 times the median income for any given area, are they? [shrug] I don’t think they are even 4 times in any area.

With other costs rising (health care, gas, food, etc.), people don’t have as much money to spend on mortgages. Not to mention most people in my generation have a great deal of debt (student loans, car loans, credit cards run up, etc.).

My guess is that most people under 35 can’t afford a mortgage unless they eat cup ‘o noodles every day of the week.

[ralphfurley]

[quote=esmith]How about we stop panicking and try to do some level-headed analysis.

– Knowing that you can get a 5% 30-year fixed mortgage, what would be your total monthly payment if you bought a median house today? Let’s say 20% down…
[/quote]
I heard the argument that many of the people that should be buying today with 20% down, already jumped in the game a couple years ago with fancy financing. So there aren’t many up and comers with a good chunk of change down. Not enough to buy up all the inventory out there and the wave of foreclosures about to hit us.

[quote=esmith]
– When was the last time houses were this cheap?
[/quote]
I still don’t think housing prices are 2-3 times the median income for any given area, are they? [shrug] I don’t think they are even 4 times in any area.

With other costs rising (health care, gas, food, etc.), people don’t have as much money to spend on mortgages. Not to mention most people in my generation have a great deal of debt (student loans, car loans, credit cards run up, etc.).

My guess is that most people under 35 can’t afford a mortgage unless they eat cup ‘o noodles every day of the week.

[ralphfurley]

[quote=esmith]How about we stop panicking and try to do some level-headed analysis.

– Knowing that you can get a 5% 30-year fixed mortgage, what would be your total monthly payment if you bought a median house today? Let’s say 20% down…
[/quote]
I heard the argument that many of the people that should be buying today with 20% down, already jumped in the game a couple years ago with fancy financing. So there aren’t many up and comers with a good chunk of change down. Not enough to buy up all the inventory out there and the wave of foreclosures about to hit us.

[quote=esmith]
– When was the last time houses were this cheap?
[/quote]
I still don’t think housing prices are 2-3 times the median income for any given area, are they? [shrug] I don’t think they are even 4 times in any area.

With other costs rising (health care, gas, food, etc.), people don’t have as much money to spend on mortgages. Not to mention most people in my generation have a great deal of debt (student loans, car loans, credit cards run up, etc.).

My guess is that most people under 35 can’t afford a mortgage unless they eat cup ‘o noodles every day of the week.

[ralphfurley]

[quote=esmith]How about we stop panicking and try to do some level-headed analysis.

– Knowing that you can get a 5% 30-year fixed mortgage, what would be your total monthly payment if you bought a median house today? Let’s say 20% down…
[/quote]
I heard the argument that many of the people that should be buying today with 20% down, already jumped in the game a couple years ago with fancy financing. So there aren’t many up and comers with a good chunk of change down. Not enough to buy up all the inventory out there and the wave of foreclosures about to hit us.

[quote=esmith]
– When was the last time houses were this cheap?
[/quote]
I still don’t think housing prices are 2-3 times the median income for any given area, are they? [shrug] I don’t think they are even 4 times in any area.

With other costs rising (health care, gas, food, etc.), people don’t have as much money to spend on mortgages. Not to mention most people in my generation have a great deal of debt (student loans, car loans, credit cards run up, etc.).

My guess is that most people under 35 can’t afford a mortgage unless they eat cup ‘o noodles every day of the week.

[ralphfurley]

[quote=esmith]How about we stop panicking and try to do some level-headed analysis.

– Knowing that you can get a 5% 30-year fixed mortgage, what would be your total monthly payment if you bought a median house today? Let’s say 20% down…
[/quote]
I heard the argument that many of the people that should be buying today with 20% down, already jumped in the game a couple years ago with fancy financing. So there aren’t many up and comers with a good chunk of change down. Not enough to buy up all the inventory out there and the wave of foreclosures about to hit us.

[quote=esmith]
– When was the last time houses were this cheap?
[/quote]
I still don’t think housing prices are 2-3 times the median income for any given area, are they? [shrug] I don’t think they are even 4 times in any area.

With other costs rising (health care, gas, food, etc.), people don’t have as much money to spend on mortgages. Not to mention most people in my generation have a great deal of debt (student loans, car loans, credit cards run up, etc.).

My guess is that most people under 35 can’t afford a mortgage unless they eat cup ‘o noodles every day of the week.

[Author]

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