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Home Unaffordability in U.S. Hits New High
Political Calculations ^
| 04/25/2018
Posted on 04/26/2018 7:37:19 AM PDT by SeekAndFind
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To: SeekAndFind
Wait a minute... Median New House prices have DOUBLED since 2001????
From $166k to $326k, in 17 years...
21
posted on
04/26/2018 8:44:44 AM PDT
by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
To: bk1000
As noted earlier, lots of chinese buyers. Especially on the west coast.
22
posted on
04/26/2018 8:45:34 AM PDT
by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: SeekAndFind
The progressive elites don’t want peons like you and me in their neighborhoods.
23
posted on
04/26/2018 9:47:27 AM PDT
by
TBP
(Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters.)
To: doug from upland
What would happen if they quit printing money and interest rates went up?
24
posted on
04/26/2018 9:47:36 AM PDT
by
D Rider
To: Teacher317
Your right! The Fed is printing money, that is holding interest rates artificially low. Its a completely synthetic market.
25
posted on
04/26/2018 9:53:27 AM PDT
by
D Rider
To: SeekAndFind
Interest Rates were purposely (politically) held to low levels while Lord Obama was POTUS to help him out.
Now that Trump is POTUS, there have been six (?) Interest Rate increases that push up Mortgage Rates.
Just sayin’...
26
posted on
04/26/2018 9:53:41 AM PDT
by
Kickass Conservative
( An Armed Society is a Polite Society. An Unarmed Society is North Korea.)
To: SeekAndFind
Guess we had to invent the word Unaffordability to support Liberal dogma.
To: TBP
The progressive elites dont want peons like you and me in their neighborhoods.
Trump should direct HUD to unleash a massive flood of Section 8 residents on them.
To: PeterPrinciple
Our house was built in 1978. We bought it in 1997 for $125k. Its in a country club area so now is worth about $400k. We stayed in it and paid it off. We have been working on it and upgrading it ever since we moved in. Im looking for someone to retire the pool now. I just had plantation shutters put in. I stay within reason but yeah, this is our home and I spend money on it.
29
posted on
04/26/2018 10:17:51 AM PDT
by
sheana
To: D Rider
Higher interest rates mean fewer will qualify for financing. Prices will come down or houses will stay on the market.
30
posted on
04/26/2018 10:39:06 AM PDT
by
doug from upland
(Why the hell isn't Hillary Rodham Clinton in prison yet?)
To: SeekAndFind
A house in my hood just sold for 49k over asking. listed for 689k and sold for 738k.
31
posted on
04/26/2018 10:43:11 AM PDT
by
US_MilitaryRules
(I'm not tired of Winning yet! Please, continue on!)
To: US_MilitaryRules
RE: A house in my hood just sold for 49k over asking. listed for 689k and sold for 738k.
Obviously the guy who bought it can afford it. So, what’s all these talk about unaffordability?
To: robroys woman
33
posted on
04/26/2018 12:16:50 PM PDT
by
huldah1776
( Vote Pro-life! Allow God to bless America before He avenges the death of the innocent.)
To: doug from upland
Higher interest rates mean fewer will qualify for financing. Prices will come down or houses will stay on the market.Well said.
34
posted on
04/26/2018 9:24:21 PM PDT
by
D Rider
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