US HOME PRICES RISE 12.2 PERCENT, BEST IN 6 YEARS
Home values are rising as more people are bidding on a scarce supply of houses for sale. Steady price increases, along with stable job gains and historically low mortgage rates, have in turn encouraged more Americans to buy homes.
5 comments:
Actually that really could be bad news - not just in scare quotes. It could be the first bit of inflation that you've insisted will never happen (despite Obama's monetary policy).
But here, let's take a look at something that clearly is bad news - the reduction of the Fourth Estate into Obama's PR service. Some of that should resonate with someone who has written critically of the Michael Jordan Generation.
The Times has participated in an act of political evasion breathtaking in its shamelessness. One might object that the range of topics was limited to the subject of the president’s speaking tour on the economy. But if that were the case, why did the Times agree to such ground rules in the first place? Aren’t the readers of the New York Times interested in hearing President Obama’s answers to tough questions about the various controversies at home and crises abroad? Perhaps they are not. Perhaps they are far more interested in having their public morality, their view of the world, of who is bad and who is good, of what is important and what is not, confirmed for them in a series of advertisements for President Obama and the Democratic Party.
When even the WaPo is concerned that there isn't enough defense spending it may be time to be concerned.
Then again, I'm all for reducing our international military footprint and making defense about protecting this country (and our interests) and not about projecting power around the world for vague if not ridiculous reasons.
So, record numbers of people on government assistance, lowest home ownership in 20 years, and prices rising just like in 2006 which led to a real estate bubble, crashed, and lead to the great recession. Part time workers growing, full time barely holding on if not losing ground, and 76% of people in the US living paycheck to Paycheck. Yeah, that looks stable and 'Good'.
Well, 6Kings, we have more wealth in this country than we ever have. The top 1 percent, who you support vociferously, have never been wealthier.
So why are you complaining?
The top 1 percent, who you support vociferously, have never been wealthier.
Why do you have to respond in such a retarded way M? Are you just entirely incapable of agreeing with someone from the other side. Afraid one of your tribe will notice and point at you with the Bodysnatcher scream?
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