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Reply #20: Hell no don't buy now. With the economy in ruin, that's the LAST thing you would want to do [View All]

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Xenotime Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-30-08 07:42 AM
Response to Reply #9
20. Hell no don't buy now. With the economy in ruin, that's the LAST thing you would want to do
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  -Home ownership in record plunge Liberal_in_LA  Jan-29-08 03:02 PM   #0 
  - If you didn't have to, would you buy now?  cobalt1999   Jan-29-08 03:25 PM   #1 
  - My excellent credit, reasonable down payment and I are waiting in the wings, probably spring 09 /nt  ProgressiveFool   Jan-29-08 04:10 PM   #5 
     - Smart move.  cobalt1999   Jan-29-08 04:48 PM   #9 
        - We are moving towards a buyer's market  Mike03   Jan-29-08 05:08 PM   #13 
        - You're right about that--  Snarkturian Clone   Jan-30-08 07:26 AM   #18 
        - Hell no don't buy now. With the economy in ruin, that's the LAST thing you would want to do  Xenotime   Jan-30-08 07:42 AM   #20 
  - Ok, I'm going to try to do some math here.  fasttense   Jan-29-08 03:47 PM   #2 
  - Losing homes  littlecryinggirl   Jan-29-08 03:54 PM   #3 
  - Yes but the same thing happened before the Great Depression.  fasttense   Jan-29-08 04:04 PM   #4 
  - We don't know the true stats  End Of The Road   Jan-29-08 04:34 PM   #8 
  - not all of these foreclosed homes represent a family losing theirs.  QuestionAll   Jan-29-08 04:54 PM   #10 
  - If you brought down the number of 2007 foreclosed homes to equal the percent  fasttense   Jan-30-08 05:47 AM   #17 
     - i don't know where you're getting those numbers- i certainly didn't imply any specific percentages..  QuestionAll   Jan-30-08 11:39 AM   #21 
  - Give the man a cigar  nadinbrzezinski   Jan-29-08 05:11 PM   #14 
  - Investment bankers. n/t  End Of The Road   Jan-29-08 04:25 PM   #7 
  - the blame can be spread pretty far and wide  Skittles   Feb-03-08 11:27 PM   #24 
  - HUGE difference. Then, they owned the homes. Today, they are owned by banks.  L. Coyote   Jan-29-08 04:12 PM   #6 
  - No, most people had mortgages and interest only loans  fasttense   Jan-29-08 04:57 PM   #12 
  - According to the Census, the home ownership  lurky   Jan-29-08 05:20 PM   #16 
  - The error in definition.. you don't OWN your home until you OWN it.  SoCalDem   Jan-29-08 04:57 PM   #11 
  - Yes. Yours is an Important point.  Mike03   Jan-29-08 05:14 PM   #15 
  - a lot of people don't understand it  Skittles   Feb-03-08 11:28 PM   #25 
  - This is so sad to hear about neighborhoods being turned into ghosttowns.  Xenotime   Jan-30-08 07:41 AM   #19 
  - yikes  mdmc   Feb-03-08 09:53 PM   #22 
  - Probably not.. The people who OWNED their homes, probably still DO  SoCalDem   Feb-03-08 10:02 PM   #23 
 

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