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IrishBloodEngHeart (815 posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:31 PM Original message |
housing prices are still artificially high |
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gateley (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:35 PM Response to Original message |
1. My best friend lives in NoHo, and he said that there are new condos |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:35 PM Response to Original message |
2. I spent a lot of time in LA in the early 90s... |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:40 PM Response to Reply #2 |
4. Really depends on where you live and how much you have. |
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The_Casual_Observer (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:40 PM Response to Original message |
3. 2 or 3 generations of people buy these house now. They divide up the payment |
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TexasBushwhacker (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:42 PM Response to Original message |
5. I agree, but how much is the value of the land |
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DaveJ (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 10:44 PM Response to Original message |
6. The American 'dream' is just that now. |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 12:24 AM Response to Reply #6 |
8. It's the American nightmare to a lot of folks in California |
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Prefer (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 08:11 AM Response to Reply #8 |
9. without losers there would be no winners |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 12:41 PM Response to Reply #9 |
19. Unfortunately, when a system is rigged to maximize the number |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:06 AM Response to Reply #6 |
14. They call it a "dream" because you have to be asleep to believe it. |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Sun Feb-10-08 11:16 PM Response to Original message |
7. "Artifically high" b/c the sellers don't want to lower the price, the real estate brokers |
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stubtoe (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 10:56 AM Response to Reply #7 |
11. Yep. Everybody wants to make a killing. |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:02 AM Response to Reply #7 |
12. My neighbor bought a new house just as the bubble burst....The old house remains unsold... |
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NashVegas (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 09:15 AM Response to Original message |
10. A Lot of Local Print Journalists Can't Speak Out Because of Advertisers |
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blondeatlast (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 12:45 PM Response to Reply #10 |
20. That's what I've been thinking. Same with the TeeVee--they still can't |
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NashVegas (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 01:22 PM Response to Reply #20 |
23. This Was In a Local Daily Today |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:04 AM Response to Original message |
13. Wanna drop housing prices? Levy capital gains taxes on people who flip houses. |
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TahitiNut (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:29 AM Response to Reply #13 |
18. What? Reverse a Clinton era tax policy change? Heresy! |
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blondeatlast (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 12:46 PM Response to Reply #13 |
21. I can live with that--and I see some gearing up to take advantage AGAIN. |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:13 AM Response to Original message |
15. i wouldn't count too heavily on that big of a "correction"... |
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edhopper (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:28 AM Response to Reply #15 |
17. Doesn't work that way |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 05:36 PM Response to Reply #17 |
24. the size of the mortgage depends on how much you put down. |
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edhopper (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 07:02 PM Response to Reply #24 |
28. When you say real estate |
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Johonny (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 05:45 PM Response to Reply #15 |
25. It the neighborhood |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 07:01 PM Response to Reply #25 |
27. which areas of la don't allow a house to be rented? |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 11:17 AM Response to Original message |
16. The prices are not sustainable, but I don't believe it's accurate to say they are artificially high |
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Johonny (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 12:48 PM Response to Original message |
22. I know |
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taught_me_patience (1000+ posts) Send PM | Profile | Ignore | Mon Feb-11-08 05:50 PM Response to Original message |
26. Yep |
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DU AdBot (1000+ posts) | Mon Apr 29th 2024, 07:55 PM Response to Original message |
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