Our Nation's Housing Crisis

Discussion in 'Political Opinions & Beliefs' started by Jack Ridley, Jan 10, 2011.

  1. Jack Ridley

    Jack Ridley New Member

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    While a congresswoman may have been gunned down in public earlier this week, it is important to remember the significant issues that face our country today.

    The more houses that are built on artificially easy credit caused by the inflation of a fiat currency backed by violence and bloodshed, the less houses there are for another, very important group of Americans: imaginary ones. You see, the more real houses that are built, the less imaginary ones there are, ones that had previously only existed in the minds of architects and pre-fab suppliers, until they were deviously realized by these same exact people. With imaginary illegal aliens crossing the border into imaginary America, a housing shortage in imaginary America is all but inevitable. It is our sacred duty to help our imaginary countrymen in their time of need, and drag this recession on as long as possible, until our imaginary counterpart can get back on it's feet.
     
    waltky and (deleted member) like this.
  2. waltky

    waltky Well-Known Member

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    Is why the housing market hasn't reached bottom yet...
    :fart:
    2010 Weakest Year for Home Sales Since 1997
    Thursday, January 20, 2011 Washington (AP) - The number of people who bought previously owned homes last year fell to the lowest level in 13 years. But home sales in December jumped to fastest pace in seven months.
     
  3. waltky

    waltky Well-Known Member

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    Granny against throwin' our soldiers an' veterans an' their families out inna street...
    :omg:
    20,000 military members, veterans faced foreclosure in 2010
    4 Feb.`11 - The Pentagon's Homeowners Assistance Program received applications from thousands of military families.
    See also:

    U.S. may cut backing for pricey home loans
    Friday, February 4, 2011; Housing finance changes likely to mean less government backing for some buyers
     
  4. waltky

    waltky Well-Known Member

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    Granny says dey oughta take all their money away from `em an' give it to the people dat lost their homes...
    :frown:
    The Real Culprits of the Financial Crisis
    April 14, 2011 — Some three years after the collapse of the financial industry, a bipartisan report from the Senate’s Permanent Subcommittee on Investigations has determined that banks, regulators and credit agencies all share the blame for the subprime mortgage crisis that facilitated this collapse and eventually led the country into a recession.
     
  5. waltky

    waltky Well-Known Member

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    But if dey speed it up, won't it depress homes prices further?...
    :fart:
    How to rescue the housing market: Foreclosures!
    August 31, 2011: If the Obama administration really wants to save the housing market, it should speed up the foreclosure process -- not prolong the inevitable, experts say.
     
  6. waltky

    waltky Well-Known Member

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    Uncle Ferd lookin' fer a house to move his fat g/f's into...
    :-D
    Nationwide, new home sales had worst year in 2011
    Thursday, Jan. 26, 2012 - Sales of new homes nationwide slumped to a record low in 2011, ending the year on an unexpected downward slide.
     
  7. DeathStar

    DeathStar Banned

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    All I have to say is, that land, like air, is something that shouldn't necessarily be entirely privately owned. That can create huge problems if Big Business or Big Government attains a monopoly over it, or not necessarily a monopoly, but ownership over too much of it.
     
  8. waltky

    waltky Well-Known Member

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    Foreign millionaires snatchin' up American homes...
    :house:
    Real Estate Tourism: Who's Really Buying America's Homes?
    8/10/2012 - Russian billionaires have been making headlines for snapping up some of the most opulent homes in the United States. Yuri Milner ‘overpaid’ by 100% on a $100 million Silicon Valley mansion in 2011. Dmitry Rybolovlev’s daughter bought an $88 million penthouse in New York City (after spending $100 million on Donald Trump’s Palm Beach palace in 2008). This week, an anonymous Russian buyer plunked down $47 million in Miami’s most expensive sale ever.
     

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