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Bonobo (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:20 AM Original message |
Housing Prices: How was it that they were supposed to continually go up? |
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msongs (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:24 AM Response to Original message |
1. maybe it goes up in value if you take care of it instead of beating it up? nt |
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Bonobo (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:26 AM Response to Reply #1 |
2. Wear and tear and Chaos Theory. |
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The_Casual_Observer (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:33 AM Response to Original message |
3. The average tract house will last about 100 years before it needs to be replaced. |
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liberal N proud (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 05:56 AM Response to Reply #3 |
13. Didn't used to be the case |
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PoliticAverse (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:39 AM Response to Original message |
4. Just ask a Real Estate Agent, they'll tell you... n/t |
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cemaphonic (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:47 AM Response to Original message |
5. The price of land can go up |
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ohheckyeah (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 01:51 AM Response to Original message |
6. For one thing the value of the land goes up. |
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Zoeisright (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 03:04 AM Response to Original message |
7. Because they always had. |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 03:54 AM Response to Original message |
8. The idea that property values would perpetually rise was absurd of course. |
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uponit7771 (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 04:04 AM Response to Original message |
9. Population growth and an average of 6% unemployment would do it. Also, low rates |
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Sherman A1 (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 04:35 AM Response to Reply #9 |
11. Agreed |
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csziggy (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 04:13 AM Response to Original message |
10. We're making lots more people with the same amount of land to live on |
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Sherman A1 (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 04:52 AM Response to Original message |
12. Well, in the spirit of intentional simplicity |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Thu Jun-23-11 07:36 AM Response to Original message |
14. Never could beat up a house and let it go to hell for 30 years and expect to make a profit off of it |
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econoclast (259 posts) Send PM | Profile | Ignore | Thu Jun-23-11 08:02 AM Response to Original message |
15. A sobering statistic |
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