How's That Recovery Comin?

[dalakhani]

Originally Posted by Antitrust32

a little off topic..


Do you think that housing prices are too low right now, or that they are where they should have always been?

Too high still. Everything is going up but wages. Until we return to an arc where home prices are 3-4 times wages, home prices are too high.

keep in mind, this is a national average and real estate is local. In many areas, especially areas like yours where there is so much vacation and rental property, I think prices are extremely LOW. I think many people are going to look back ten years from now and wished they had bought RIGHT NOW in some of these areas.

[Antitrust32]

Originally Posted by dalakhani

Too high still. Everything is going up but wages. Until we return to an arc where home prices are 3-4 times wages, home prices are too high.

keep in mind, this is a national average and real estate is local. In many areas, especially areas like yours where there is so much vacation and rental property, I think prices are extremely LOW. I think many people are going to look back ten years from now and wished they had bought RIGHT NOW in some of these areas.

i agree with all of this, and yes, Florida is the place to buy right now. you can get a real nice 3 bedroom/ 2 bath place with a half acre of land for like 85 grand around here.

Originally Posted by dalakhani

Too high still. Everything is going up but wages. Until we return to an arc where home prices are 3-4 times wages, home prices are too high.

keep in mind, this is a national average and real estate is local. In many areas, especially areas like yours where there is so much vacation and rental property, I think prices are extremely LOW. I think many people are going to look back ten years from now and wished they had bought RIGHT NOW in some of these areas.

All you have to do is drive 50 miles of the gulf coast to realize this country is going into a great depression.

[randallscott35]

Originally Posted by Coach Pants

All you have to do is drive 50 miles of the gulf coast to realize this country is going into a great depression.

I can hunt, handicap, and fish. Nothing to be depressed about. Go Barack Go!

Originally Posted by randallscott35

I can hunt, handicap, and fish. Nothing to be depressed about. Go Barack Go!

I've got a garden too. I also dabble in canning.

I have 1 year of food in storage.

The next step is getting off the grid. Hoping the collapse doesn't happen until 2013 but probably won't be that lucky.

[randallscott35]

Originally Posted by Coach Pants

I've got a garden too. I also dabble in canning.

I have 1 year of food in storage.

The next step is getting off the grid. Hoping the collapse doesn't happen until 2013 but probably won't be that lucky.

I love the word dabble. Most days I feel like I live on Easter Island. I will teach my boy how to gut banker.

Originally Posted by randallscott35

I love the word dabble. Most days I feel like I live on Easter Island. I will teach my boy how to gut banker.

Hopefully the wannabe MMA douchebags will be culled first. Any fool enters my property with an affliction shirt is fair game.