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Latest Comments28 Comments
Real Estate Industry: Looking For Another Bailout
The NAR realtors builders appraisors and mtg brokers need to suffer for their reckless greedy pumping over the bubble period.
Attractive Dividend Stocks in the Buy Zone
White Mountains Insurance Discusses Berkshire Transaction
News Pitch: Why To Buy News Corp
Housing Prices: Bottom or Temporary Bear Break?
It is quite obvious that renting is absoluting cheaper by wide margin vs buying in my area or even vs an income property. Cap rate at current RIP off asking prices is something like 3%. All that headache for 3% cap rate.
LOL!
It is amazing to me how the whole group collude together to talk up house prices or will be hesitant to mention huse prices are completely out of wack with incomes. Of course incomes and house prices are different across the country so 3-4 times median income vs house price seems to be a good general rule. You'll see in many areas that is 7-8-9-10 times incomes.
It does not compute. We have a bunch of fools in this country who like debt slavery.
Housing Prices: Bottom or Temporary Bear Break?
I think many people may be surprised at how long house prices go down and how far they drop.
Housing Prices: Bottom or Temporary Bear Break?
Owning a house is very expensive. the upkeep alone can be crushing along with escalating property taxes and insurance.
For now many of the dolts that were buying houses at any prices are locked out of the market because they are either being foreclosed on or can't find a lender to hand them over the loot. Thank god this has come to an end. the country was on the verge or near going bellyup.
Leucadia's Key to Success
how about giving more detail on the business makeup and the valuation?
News Pitch: Why To Buy News Corp
Goldman Forecasts Japanese Equity Recovery from Mid-2009
How does the valuation of ewj today look historically?
VSE Corporation: Another Look at Valuation
what customers do they serve?
VSE Corp.: Quite Attractive at Current Price
Laughing at Alan Greenspan
You do have to have a job with income and a downpayment to buy a house?
Or are we just gong to buy the houses.
You are seeing corruption in our government sprial out of control.
Greenspan is a complete useless idiot who will go down in history as a main player of this economic debacle.
Vulcan Materials: A Good Buy/Takeover
What about all those state budget deficits? How will this impact infrastructure spending?
How Dumb Does the NAR Think Homebuyers Are?
House prices will not stop going down until home prices are AFFORDABLE. It is that simple. Over the long term prices will trend toward a multiple of income. In many higher priced markets house prices are still out of whack vs incomes and rents.
If incomes barely budged for the last 5 years then how can house prices at 50-100% appreciation over the same period hold?
Some stupid phoney realtor who called herself a buyers broker gave me some sales pitch about houses saying that incomes went up 17% in the last 7 years but home prices went up 100%+ then went on to try to sell me a second homeshack that was up multiples of just 12 years ago. It's funny how she tried to show how concerned she was then pimped some house that was way above incomes and rents.
I am trying to avoid rewhores when looking for a vacation house.