“Dad, I’ve got a good tenant in there. Besides, it’s not in very good shape. I’d rather sell it than invest more money in it. And there are so many places on the market, I can rent something better…
November 11th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "housing prices"
Consumer Economy Not Going to Return to Robust Growth Anytime Soon
Mortgage lenders say they expect the peak in foreclosures to come about a year from now. As for the bottom of price declines, you can expect that in 2013 or beyond.
October 15th, 2009 | Bill Bonner | 1 comment | Continued
Feds Have Used the Correction to Increase Their Power and Add to Their Wealth
Noooo… We’re talking about a worthy correction…a real correction…a noble and distinguished correction…a correction that can hold its head up in public.
October 14th, 2009 | Bill Bonner | 0 comments | Continued
Does This Mean You Should Sell Your Gold?
Even in the Great Depression gold and gold mining stocks rose in price. And the one and only sure thing is that the world monetary system is dangerously unstable. We’d hold gold until it settles down.
August 14th, 2009 | Bill Bonner | 11 comments | Continued
The Rule of 72 vs. Housing
Australian house prices will go up an average of 20% over the next three years. We’re not making that up…
June 16th, 2009 | Dan Denning | 36 comments | Continued
A Long Time Before Investors Will Gamble on Housing Debt
USA Today opens with a cover story on “the new homeless.” There’s a photo of a 53-year-old man sitting in his tent. It’s a “temporary situation,” he says. But the tent city in Pinellas County, Florida, may be home for longer than he expects.
May 7th, 2009 | Bill Bonner | 0 comments | Continued
China Makes Recession Recovery
As predicted, the world markets are enjoying a bounce. People who had no idea there was anything wrong with the world financial system two years ago, now say the problem has been fixed.
Who fixed it? The people who had no idea what was wrong with it, of course.
May 6th, 2009 | Bill Bonner | 2 comments | Continued
Real Estate Brokers: The Latest Victims of the Housing Crunch
What are real estate brokers driving these days? Well, based on a very small sample of two brokers seen at an ‘open for inspection’ last weekend, they are driving a six-year old Holden Commodore and three-year old Holden Astra. Read on…
December 20th, 2008 | Kris Sayce | 11 comments | Continued
Housing Prices Are Still Going Down
The latest news from America tells us that housing prices are still going down in 4 out of 5 cities. Homebuilders’ wives are hiding the shotguns and pouring out the whiskey…
November 20th, 2008 | Bill Bonner | 6 comments | Continued
The Scam of Ever-Rising House Prices
In from the front yard comes the scam of ever-rising house prices. And it collides head on with the scam of the consumer finance coming from the henhouse roof…
September 19th, 2008 | Bill Bonner | 5 comments | Continued