[TexasLine]

I think in my Introduction thread a couple of spam type posts were made but disappeared the next day(thanks to your new system?) Anyhow, maybe it’s a “new guy” thing and the system is “learning”.

But I wouldn’t know about these things I’m just a renter…LOL Kidding

[TexasLine]

The reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.

…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???

[TexasLine]

The reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.

…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???

[TexasLine]

The reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.

…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???

[TexasLine]

The reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.

…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???

[TexasLine]

The reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.

…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???

[TexasLine]

Thanks’ all.

I have been lurking for a bit(a hundered years or so) so I know about your cranky left wingers, obstinate right wingers and arrogant middle-of-the-road fencewalkers.

It’s all good though. You folks tend to really be interested in honest discussion and “enlightenment”.

Wouldn’t be any fun if everyone agreed on everything all the time, right?

I can obstinately walk fences while being cranky,…while whistling Dixie….so I should fit right in…? (if i can keep up with your knowledge/vocab.)

Thanks again

[TexasLine]

Thanks’ all.

I have been lurking for a bit(a hundered years or so) so I know about your cranky left wingers, obstinate right wingers and arrogant middle-of-the-road fencewalkers.

It’s all good though. You folks tend to really be interested in honest discussion and “enlightenment”.

Wouldn’t be any fun if everyone agreed on everything all the time, right?

I can obstinately walk fences while being cranky,…while whistling Dixie….so I should fit right in…? (if i can keep up with your knowledge/vocab.)

Thanks again

[TexasLine]

Thanks’ all.

I have been lurking for a bit(a hundered years or so) so I know about your cranky left wingers, obstinate right wingers and arrogant middle-of-the-road fencewalkers.

It’s all good though. You folks tend to really be interested in honest discussion and “enlightenment”.

Wouldn’t be any fun if everyone agreed on everything all the time, right?

I can obstinately walk fences while being cranky,…while whistling Dixie….so I should fit right in…? (if i can keep up with your knowledge/vocab.)

Thanks again

[TexasLine]

Thanks’ all.

I have been lurking for a bit(a hundered years or so) so I know about your cranky left wingers, obstinate right wingers and arrogant middle-of-the-road fencewalkers.

It’s all good though. You folks tend to really be interested in honest discussion and “enlightenment”.

Wouldn’t be any fun if everyone agreed on everything all the time, right?

I can obstinately walk fences while being cranky,…while whistling Dixie….so I should fit right in…? (if i can keep up with your knowledge/vocab.)

Thanks again

[TexasLine]

Thanks’ all.

I have been lurking for a bit(a hundered years or so) so I know about your cranky left wingers, obstinate right wingers and arrogant middle-of-the-road fencewalkers.

It’s all good though. You folks tend to really be interested in honest discussion and “enlightenment”.

Wouldn’t be any fun if everyone agreed on everything all the time, right?

I can obstinately walk fences while being cranky,…while whistling Dixie….so I should fit right in…? (if i can keep up with your knowledge/vocab.)

Thanks again

[TexasLine]

[quote=patientrenter]Texas,

The Fed and Treasury have both said that they key to recovery is keeping home prices high. (They call that a “recovery” in the housing market.) And the Fed has said it will buy more assets if it needs to in order to meet its goals. Put those facts together and my conclusion is that the interest rates will not be allowed to rise very much – maybe 100bp.

Is this what you were getting at – the impact on interest rates, and therefore home prices, that we should expect?[/quote]

Yes and No. Higher Interest rates would lower prices but the TRUTH of Govt regulations, intervention and intention seems to me to be such an unknown.

I agree with most here that there are no more “norms” to be used in determining future results.

Looking at past history is all but irrelevant, OR not?

I am just as sick of Govt intervention as some here, yet for me…govt intervention helps me. But from a principled perspective…I don’t like this new way of manipulating the Housing Market. I wish it didn’t exist even if it hurt my chances of ownership.

But predicting the future is best done, as was said here, in short term.

My personal approach to house hunting is a conundrum of ideas where I tend to agree with those in the High End of the market yet reality puts me at the lower end, thus limiting my options and forcing me to take “uncomfortable” steps.

Does that make sense?

[TexasLine]

[quote=patientrenter]Texas,

The Fed and Treasury have both said that they key to recovery is keeping home prices high. (They call that a “recovery” in the housing market.) And the Fed has said it will buy more assets if it needs to in order to meet its goals. Put those facts together and my conclusion is that the interest rates will not be allowed to rise very much – maybe 100bp.

Is this what you were getting at – the impact on interest rates, and therefore home prices, that we should expect?[/quote]

Yes and No. Higher Interest rates would lower prices but the TRUTH of Govt regulations, intervention and intention seems to me to be such an unknown.

I agree with most here that there are no more “norms” to be used in determining future results.

Looking at past history is all but irrelevant, OR not?

I am just as sick of Govt intervention as some here, yet for me…govt intervention helps me. But from a principled perspective…I don’t like this new way of manipulating the Housing Market. I wish it didn’t exist even if it hurt my chances of ownership.

But predicting the future is best done, as was said here, in short term.

My personal approach to house hunting is a conundrum of ideas where I tend to agree with those in the High End of the market yet reality puts me at the lower end, thus limiting my options and forcing me to take “uncomfortable” steps.

Does that make sense?

[TexasLine]

[quote=patientrenter]Texas,

The Fed and Treasury have both said that they key to recovery is keeping home prices high. (They call that a “recovery” in the housing market.) And the Fed has said it will buy more assets if it needs to in order to meet its goals. Put those facts together and my conclusion is that the interest rates will not be allowed to rise very much – maybe 100bp.

Is this what you were getting at – the impact on interest rates, and therefore home prices, that we should expect?[/quote]

Yes and No. Higher Interest rates would lower prices but the TRUTH of Govt regulations, intervention and intention seems to me to be such an unknown.

I agree with most here that there are no more “norms” to be used in determining future results.

Looking at past history is all but irrelevant, OR not?

I am just as sick of Govt intervention as some here, yet for me…govt intervention helps me. But from a principled perspective…I don’t like this new way of manipulating the Housing Market. I wish it didn’t exist even if it hurt my chances of ownership.

But predicting the future is best done, as was said here, in short term.

My personal approach to house hunting is a conundrum of ideas where I tend to agree with those in the High End of the market yet reality puts me at the lower end, thus limiting my options and forcing me to take “uncomfortable” steps.

Does that make sense?

[TexasLine]

[quote=patientrenter]Texas,

The Fed and Treasury have both said that they key to recovery is keeping home prices high. (They call that a “recovery” in the housing market.) And the Fed has said it will buy more assets if it needs to in order to meet its goals. Put those facts together and my conclusion is that the interest rates will not be allowed to rise very much – maybe 100bp.

Is this what you were getting at – the impact on interest rates, and therefore home prices, that we should expect?[/quote]

Yes and No. Higher Interest rates would lower prices but the TRUTH of Govt regulations, intervention and intention seems to me to be such an unknown.

I agree with most here that there are no more “norms” to be used in determining future results.

Looking at past history is all but irrelevant, OR not?

I am just as sick of Govt intervention as some here, yet for me…govt intervention helps me. But from a principled perspective…I don’t like this new way of manipulating the Housing Market. I wish it didn’t exist even if it hurt my chances of ownership.

But predicting the future is best done, as was said here, in short term.

My personal approach to house hunting is a conundrum of ideas where I tend to agree with those in the High End of the market yet reality puts me at the lower end, thus limiting my options and forcing me to take “uncomfortable” steps.

Does that make sense?

[Author]

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