Chavez Posted December 4, 2007 Share Posted December 4, 2007 http://money.cnn.com/magazines/fortune/price_rent_ratios/ If you got in early enough on the market curve and haven't been sucking the equity out of your home, you should be able to upgrade quite nicely in a few years. Quote Link to comment Share on other sites More sharing options...
TheGrunt Posted December 4, 2007 Share Posted December 4, 2007 If you follow the stock market this has been unfolding now for a couple of weeks, and it's much worse than many might assume. I'm not suggesting you, Chavez, don't already know this, only that some might not really know how bad the housing situation has become. Similar to the late 90's Technology sector meltdown, the Housing and Financial sectors are so bad they're effecting the entire market. Some suggest it may only get worse in 2008, however, the feds have been trying to help alleviate the situation by stimulating the buying market with lower interest rates. This, and many companies that have been effected indirectly because of fear of the market right now will probably start to trend upward a bit. I could be wrong, but for the sake of the bullish investors, I hope I'm right. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted December 4, 2007 Share Posted December 4, 2007 Not so bad for those of us not on the coasts. Quote Link to comment Share on other sites More sharing options...
CaP'N GRuNGe Posted December 5, 2007 Share Posted December 5, 2007 That settles it. I'm moving to Cleveland. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted December 5, 2007 Share Posted December 5, 2007 housing heading here Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted December 5, 2007 Share Posted December 5, 2007 Not so bad for those of us not on the coasts. yup Quote Link to comment Share on other sites More sharing options...
untateve Posted December 5, 2007 Share Posted December 5, 2007 I have strategically placed large cardboard boxes under various highway overpasses. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted December 5, 2007 Share Posted December 5, 2007 I have strategically placed large cardboard boxes under various highway overpasses. lol....even though i dont need one, i bought a new fridge just for the box. Quote Link to comment Share on other sites More sharing options...
Ramhock Posted December 5, 2007 Share Posted December 5, 2007 the feds have been trying to help alleviate the situation by stimulating the buying market with lower interest rates. The recent 75 beeps in the fed rate cuts is just starting to make its way into the mortgage products. They have moved about 3/8, so far. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted December 5, 2007 Share Posted December 5, 2007 lol....even though i dont need one, i bought a new fridge just for the box. I bought a 56" DLP a couple years ago and the box is up in the garage rafters. I told my wife it might come in handy if the housing market went south..... Quote Link to comment Share on other sites More sharing options...
yo mama Posted December 5, 2007 Share Posted December 5, 2007 I have strategically placed large cardboard boxes under various highway overpasses. Positioning yourself as a future landlord: that's smart. Quote Link to comment Share on other sites More sharing options...
The Irish Doggy Posted December 5, 2007 Share Posted December 5, 2007 Good old Cincinnati, nice and steady. Quote Link to comment Share on other sites More sharing options...
nickspicks Posted December 6, 2007 Share Posted December 6, 2007 Good old Cincinnati, nice and steady. Yup. My architectural firm in central Ohio is clickin full guns! And just hired another Technician. Quote Link to comment Share on other sites More sharing options...
yo mama Posted December 6, 2007 Share Posted December 6, 2007 Yup. My architectural firm in central Ohio is clickin full guns! And just hired another Technician. <insert West Coast snobbery here> Quote Link to comment Share on other sites More sharing options...
TheGrunt Posted December 6, 2007 Share Posted December 6, 2007 The recent 75 beeps in the fed rate cuts is just starting to make its way into the mortgage products. They have moved about 3/8, so far. Dow up 196! Quote Link to comment Share on other sites More sharing options...
nickspicks Posted December 6, 2007 Share Posted December 6, 2007 <insert West Coast snobbery here> Quote Link to comment Share on other sites More sharing options...
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