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Economy

CrispyQ

(36,464 posts)

7. That's what I wondered.

Reply to Demeter (Reply #4)

Tue Jan 31, 2012, 03:51 PM

Jan 2012

A recent networking event, a realtor told us that mortgage rates are the lowest they've been in decades, housing prices are at 2000 levels & rental rates are the highest they've ever been.

How much longer can rental rates (& groceries & fuel) be the hightest they've ever been if people are forced to live on $8-$10 an hour? Didn't some stupid fuck repub recently say that they thought $8 was a middle class income?

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13 replies

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Highlight:

Foreclosed houses to be sold to and rented out by private equity firms [View all] JDPriestly Jan 2012 OP

bunch of f*****g thieves. this was all part of the plan. ret5hd Jan 2012 #1

I agree. And knew this was coming as soon as the foreclosures started. I wish I believed in Hell. cyberpj Feb 2012 #8

slumlords move in for a xxqqqzme Jan 2012 #2

Exactly. nt Mojorabbit Feb 2012 #11

So much for Bush's "ownership society" -NT NAO Jan 2012 #3

it's now called "Obama ownership society" as Bush is no longer prez, sort of nt msongs Jan 2012 #6

And who will be renting these distressed properties? Demeter Jan 2012 #4

That's what I wondered. CrispyQ Jan 2012 #7

Fuck. Nt xchrom Jan 2012 #5

My views on Foreclosed houses to be sold to and rented out by private equity firms Nielgolden Feb 2012 #9

Fuck the private equiy firms. I hope they choke on their money and ... Hotler Feb 2012 #10

Thank GAWD we're not letting families buy these things at their real market prices! mbperrin Feb 2012 #12

Bingo. girl gone mad Feb 2012 #13