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To: Still Thinking
Appreciation is bad for homeowners

Doesn't look like they'll be seeing much of it for a while.

6 posted on 11/10/2010 10:14:02 AM PST by Mojave (Ignorant and stoned - Obama's natural constituency.)
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To: Mojave

Good. Though I do feel sorry for those who bought in on the bubble.


8 posted on 11/10/2010 10:15:29 AM PST by Still Thinking (Freedom is NOT a loophole!)
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To: Mojave

Oh, and it also limits entry of time buyers into the market, because as they’re trying to save a down payment, the prices are moving up at the same time.


9 posted on 11/10/2010 10:18:52 AM PST by Still Thinking (Freedom is NOT a loophole!)
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