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kex0414

04/21/13 4:37 PM

#25688 RE: ZimbabweanTrillionaire #25687

But this time hopefully, we won't have the liberal politicians forcing the banks to give mortagages to people because everyone is "entitled" to everything, even if they can't afford it. Enter the "no-doc" loan and the, "pinkie swear, I make enough to make the payments."

Liberals say owning a home is an "entitlement"; but it's an entitlement we taxpayers can't afford.
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raindancer1

04/21/13 5:01 PM

#25689 RE: ZimbabweanTrillionaire #25687

. At this point in the real estate cycle the increased values have less to do with low interest rates, rather, they are reflective of minimal supply. This jump in real estate values is intended to bring the masses back into the market and is a manipulated manuever, as is the rest of our modern day economy...once more buyers start arriving the banks will release more inventory and loosen up the supply...then values will start to increase at more of modest rate.