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JoePhilly

(27,787 posts)

20. Everything is always bad news.

Reply to Divernan (Reply #19)

Wed Jul 31, 2013, 09:01 AM

Jul 2013

Housing pirces down ... bad news. Up, still bad news.

UE goes up, bad news. UE goes down, still bad news.

DOW goes down, bad news. DOW goes up, still bad news.

We're domed.

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US home prices rise 12.2 percent, best in 6 years [View all] Omaha Steve Jul 2013 OP

And why is rising home prices a good thing? postulater Jul 2013 #1

And therein lies the fundamental problem NutmegYankee Jul 2013 #2

For those that own a home... Omaha Steve Jul 2013 #3

Starting small is good. For that matter looks like she could start around 1996. jtuck004 Jul 2013 #5

Excellent charts. Home equity is the final target of the Ravenously Greedy too-big-to-fail banks. Divernan Jul 2013 #10

My sister and her hubby moved down there on a job offer while the banks jtuck004 Jul 2013 #12

Because, if you are like me and you got a mortgage for 150k home... phleshdef Jul 2013 #7

And yet you are still better off than perhaps 5 or 6 million families who were foreclosed on jtuck004 Jul 2013 #14

Me being better off doesn't mean its a bad thing that me (and a shit load of other people) get our.. phleshdef Jul 2013 #16

I didn't say it's a bad thing. I said even if you don't, it doesn't mean you are jtuck004 Jul 2013 #18

With the level of quantitative easing the Fed is pursuing... roamer65 Jul 2013 #4

Lenders & hedge funds buying foreclosed properties; turning US into nation of renters Divernan Jul 2013 #6

+100 nt Mojorabbit Jul 2013 #9

yes, the #1 investment of many of the 1% is real estate. welcome your new Landlords Sunlei Jul 2013 #21

It's depressing madville Jul 2013 #8

Probably the wisest thing is to hang on to that 25k Divernan Jul 2013 #11

sometimes you can find something in your price range. Sunlei Jul 2013 #22

From what I heard around here is that many investors are buying up cheap properties? Rosa Luxemburg Jul 2013 #13

I'm not happy about a market turning single family homes into rental properties. Divernan Jul 2013 #15

That is the quickest way to drive down housing costs. AngryOldDem Jul 2013 #23

"Creeping shabbiness" describes not only rental houses, but the US as a whole Divernan Jul 2013 #25

We rent abelenkpe Jul 2013 #27

These numbers do not reflect that Wall Street is behind them through mass purchase of foreclosures. Fire Walk With Me Jul 2013 #17

Please read this ^ abelenkpe Jul 2013 #26

How about 2 more rec's to keep this thread alive & get it on main page? Divernan Jul 2013 #19

Everything is always bad news. JoePhilly Jul 2013 #20

This message was self-deleted by its author CountAllVotes Jul 2013 #24

Since the middle of last year mine has gone up about $10,000 per month MindPilot Jul 2013 #28

Obama is a communist and a Muslin Kingofalldems Jul 2013 #29