Housing Needs To Keep Falling
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2009-11-03 — businessinsider.com
" More ammo for the housing bears here: Despite the dips in both the Case-Shiller and FHFA Home Price Indices, houses still aren't affordable based on historical price/income ratios."
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catherine at 12:32 2009-11-03 said:
OH DON'T WORRY IT IS GOING TO.. The band-aid has to be ripped off and 36% of buyers are baby boomers who are LEAVING THE MARKET and 28% Gen Xs that HAVE LOST THEIR 401 AND VALUES IN THEIR HOMES and won't buy again if they can ever sell the HOUSES THEY HAVE NOW.............illegals are too scared to come back into the market (heheheh WORLD IS GONE) AND THE BEST REASON IS A JOBLESS RECOVERY :lol: :lol: :lol: ONLY A LEFT WING EXTREMIST STATE RUN MEDIA COULD SELL THAT CRAP WITH A STRAIGHT FACE.................. SO I said a 50% drop in housing values in 07. (had no idea how bad this Chicago thug beginner would be) I was wrong and TOOOO POSITIVE, WE WILL PROBABLY DROP 75%.............if unemployment numbers are in the 70s and going to the 1960s, WHY DO WE THINK PROPERTY VALUES WON'T? :roll: :roll: Permalinkadd a comment | go to forum thread
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