10 Reasons It's A Terrible Time To Buy An Expensive House


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Corrupted Capitalism and the Housing Crisis
By hrhjuliet in RealEstate   40 comments, latest 4 minutes ago:
Strategist says Indiana Jones says Okay, Free Market Worshippers-- Let's just talk about hrhjuliet as if she isn't actually reading this thread. And even though she is so wrong, that tutu thing is so darn...

It's not the fed
By iwog in Economics in Lafayette CA 94549   39 comments, latest 7 minutes ago:
errc says Had the fed done nothing at all, you feel we would still be pretty much right where we're at. Now?

Advice to Democrats: Don't say 'recovery'
By Call it Crazy in Politics   38 comments, latest 38 minutes ago:
smaulgld says clambo says Bush didn't cause or even like the sub-prime mortgages that led to the economic troubles which peaked in fall 2008 when Lehman imploded. That didn't stop him from promoting the American...

Quake rattles Kern County
By tvgnus in Misc   posted 57 minutes ago:
http://www.centralvalleybusine Initial measurement is 4.3 •  No reports of damage An earthquake with an initial computer-generated intensity of 4.3, rattled the Lake Isabella, Tehachapi and Arvin areas of Kern County near Bakersfield at 4:15 a.m....

My take on the soft existing home sales numbers today
By Logan Mohtashami in RealEstate in Irvine CA 92603   235 comments, latest 1 hour ago:
Logan Mohtashami says toothfairy says Yellen: "While the housing market still has far to go, it seems to have turned a corner. " Honestly, The federal reserve forecast on a lot things I take with...

Worker compensation fraud-woman getting 3,000/mth appears on Price is right
By lostand confused in Misc   posted 3 hours ago:

Everything is a BUBBLE Because of the Fed!
By Bubbabear in Economics   1 comment, latest 3 hours ago:
smaulgld says What the author fails to show is the relative increase in prices. In his example he shows that a car was $100 one hundred years ago. When a car was $100 in 1913...

The Alienation of Work
By Indiana Jones in Misc   11 comments, latest 4 hours ago:
lostand confused says Indiana Jones says It is about democracy on a much smaller level. Direct democracy, not the republic we have. Each community or collective is as self sufficient and balanced in age, ethnicities,...

Celebrate Easter this Year with a Joint
By Dan8267 in Humor in Boca Raton FL 33433   5 comments, latest 6 hours ago:
Dan8267 says Ceffer says If Jesus smoked dope, he would still be chillin' in the sarcophagus and never would have risen. If it wasn't for mind altering drugs, the vast majority of "religious experiences" would...

$3 million cash required to purchase a $1 million apartment?!?
By JH in RealEstate in Fullerton CA 92833   3 comments, latest 6 hours ago:
HEY YOU says If buyers aren't willing to pay $3 million for this dump the housing market is going to collapse.

Redfin: Housing Market Soft in March, Price Growth Slowing, Sales Down
By Call it Crazy in RealEstate   5 comments, latest 7 hours ago:
hanera says exfatguy says You can lose it all in the stock market, but you'll always at least have the house. Go for index fund.

#1 Cause of Death,
By indigenous in Misc   47 comments, latest 8 hours ago:
indigenous says src='http://patrick.net/forum width=252 height=200 >

Five groups that lie about the housing market
By Tim Aurora in RealEstate   45 comments, latest 8 hours ago:
hanera says iwog, I believe clambo is comparing AAPL with RE in SFBA. AAPL has appreciated by nearly 600% since the financial crisis. 1/10 of 600% is 60%, there are not many houses appreciated by...

Finally some good news
By CaptainShuddup in Misc   8 comments, latest 8 hours ago:
sbh says CaptainShuddup says I have no Idea what in the hell you're trying to say Now you know what everyone thinks of your every post. CaptainShuddup says Well I just don't no what to...

Money has corrupted us. We no longer understand what it's worth
By hrhjuliet in RealEstate   17 comments, latest 8 hours ago:
sbh says Bellingham Bill says Capital is a fascinating form of wealth. I think of it as “indirect wealth” since capital is involved in the production of wealth -- but, by itself in isolation, capital...

Greece Industrial Production Declines 5th Consecutive Month, Unemployment New Hi
By Mish in Economics   6 comments, latest 9 hours ago:
Vicente says Olivia Newton John, John Travolta before he got all Scientologist..... Grease is the word!

Why aren't ACA premiums tax deductible?
By BoomAndBustCycle in Misc   14 comments, latest 9 hours ago:
sbh says curious2 says sbh says Now, I could afford it, but I refused to continue it for the simple reason it wasn't worth it. If only everyone looked at the MID that way, we...

CME futures point to more housing price gains
By toothfairy in RealEstate in Oakland CA 94610   1 comment, latest 9 hours ago:
E-man says That's not possible. Home prices are on the verge of collapsing. I heard it on Patnet since 1998.

McMansions are a major cause of our economic problems
By tovarichpeter in RealEstate in South San Francisco CA 94080   29 comments, latest 10 hours ago:
P N Dr Lo R says unclemat says A majority of houses built between 1850s and late 1930s, especially middle and upper middle class, houses - are magnificent Again, absolutely right! I love to drive...

Frustrated house shopper takes revenge on new homeowner
By golfplan18 in RealEstate in Irvine CA 92620   3 comments, latest 10 hours ago:
P N Dr Lo R says Well this is after all California, what else did you expect?

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RealEstate News

Fri 18 Apr 2014
California house sales hit six-year low(sponsored link)
House Price Graph (mylife.com)0 comments
Sq ft 84 - Possessions 305 (nytimes.com)5 comments
Five groups that lie about the housing market (patrick.net)45 comments
Voters open to tweaking prop 13 (sacbee.com)12 comments
Housing Bubble 2.0 Veers Elegantly Toward Housing Bust 2.0 (investmentwatchblog.com)5 comments
The Housing Recovery That Never Was is Over (smaulgld.com)91 comments
Rent Increase or Purchasing Power Decline? (deptofnumbers.com)0 comments
Property taxes going up in CA (scpr.org)10 comments
Housing Market Slow to Hit Its Spring Stride (yahoo.com)2 comments
Are Chinese losing confidence in their property market? (forbes.com)4 comments
Here's why the rest of 2014 will be rough for housing (housingwire.com)10 comments
Freddie, Fannie reform will foil housing reflation efforts (ochousingnews.com)1 comments
These Deals Adding Danger To China's Real Estate Market (ibtimes.com)0 comments
Americans build tiny houses and new lives (bbc.com)0 comments
McMansions are a major cause of our economic problems (salon.com)29 comments
Bay Area at high risk of landslides (mercurynews.com)0 comments
The densest settlement in the world (cnn.com)3 comments
Americans Are Starting to Miss More Mortgage Payments (yahoo.com)13 comments
Frustrated house shopper takes revenge on new homeowner (ochousingnews.com)3 comments
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The Housing Trap

You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50
Kindle version available for $8.00
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