when supply is much more than demand, its price falls

回答: Well, I like my 20%+ annual income anyway ...Conehead2010-09-16 10:12:14

that's Eco 101. currently, more houses on the market than people want to buy. government or anyone else cannot change that fact and cannot be the landlord of all the unwanted houses.

when interest rate rises, housing price is down. with 9%+ mortgage, who want to buy houses?

and the reason why u think it should be up? don't tell me that since u already have it, so u have faith it must go up ;-).

所有跟帖: 

I guess fact is more valuable than opinion -Conehead- 给 Conehead 发送悄悄话 Conehead 的博客首页 (140 bytes) () 09/16/2010 postreply 11:30:28

only in hyperinflated dollar! u don't know -murmur.on.hudson- 给 murmur.on.hudson 发送悄悄话 murmur.on.hudson 的博客首页 (27 bytes) () 09/16/2010 postreply 12:18:09

Ok, I will try one last time to respond -Conehead- 给 Conehead 发送悄悄话 Conehead 的博客首页 (1086 bytes) () 09/16/2010 postreply 13:23:02

That's true -天下攘攘- 给 天下攘攘 发送悄悄话 (273 bytes) () 09/16/2010 postreply 12:19:23

写错了,home-price index dropped 27% from December 2006. -天下攘攘- 给 天下攘攘 发送悄悄话 (152 bytes) () 09/16/2010 postreply 12:29:41

how can I make u people understand? -murmur.on.hudson- 给 murmur.on.hudson 发送悄悄话 murmur.on.hudson 的博客首页 (378 bytes) () 09/16/2010 postreply 12:37:51

回复:how can I make u people understand? -天下攘攘- 给 天下攘攘 发送悄悄话 (454 bytes) () 09/16/2010 postreply 12:48:13

回复:how can I make u people understand? -天下攘攘- 给 天下攘攘 发送悄悄话 (101 bytes) () 09/16/2010 postreply 12:50:56

By the way, of all the people I talk to that are bullish -Conehead- 给 Conehead 发送悄悄话 Conehead 的博客首页 (100 bytes) () 09/16/2010 postreply 11:32:53

the fact is housing price dropped for 3 yrs -murmur.on.hudson- 给 murmur.on.hudson 发送悄悄话 murmur.on.hudson 的博客首页 (63 bytes) () 09/16/2010 postreply 12:23:25

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