Housing prices are UP! Thank you, Mr. President.

Started Mar 6, 2013 | Discussions thread
Shaun_Nyc
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Re: Housing prices are UP! Thank you, Mr. President.
In reply to vadimraskin, Mar 20, 2013

PhD4 wrote:

Great... housing prices are up.... while we're at a record low in home ownership.

Don't forget... taxes are up and average household income is down.

Thank you for that too Mr. President.

What a success story.

Ah the wiz boy has spoken!

well, the rate of ownership is lowest for the last 15 years, true but far from the "record low". however, the rate of ownership from the 2002 to 2008 was artificially instigated by lenders " pushing" people into homes they couldn't afford.

Nobody was pushed into anything, all you needed was 700 fico , a pulse and a pen to sign with. Boo hoo for all those folks

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