Dude, gas prices are down to $2.57 per gallon down here in Bushville. I have not had a $300 electric bill yet this summer. Real Estate is cheaper than hell( Oh yeah and its hotter than hell). I can get you than$750k mini mansion you are looking at for $300K. No income tax and you get to live in the same state that Karl Rove and W call home. Things could not be better. Blue shies... put on a happy face and all that stuff.
Come on down,Y'all!
I'l let you know how we do after the Tropical Storm.
Hello People when exactly were you going to wake up? These are ridiculous ratios. Only idiots would lend to people with these ratios and only idiots would buy a house under these conditions. Sometimes renting is the best you can do.
City, State Affordability Percent Income Mortgage/Rent Price/Income Price/Rent
San Jose, CA 48.2 2.01 8.2 409.7
Honolulu, HI 51.7 1.7 8.8 346.1
San Diego, CA 50.8 1.67 8.6 340.7
New York, NY 53.3 1.64 9.1 333.8
Orange County, CA 52.9 1.63 9 332.6
San Francisco, CA 50.3 1.6 8.5 327.1
Newark, NJ 30.7 1.55 5.2 315.2
Los Angeles, CA 61.2 1.54 10.4 314.2
Are the higher food prices solely because of higher energy prices or also the result of higher demand in emerging markets?
From what I've read, China and India are both drinking more milk which is tasking supply. And the number is only going to keep going up as their middle classes expand.
Average Income of Taxpayers has yet to surpass the 2000 avg since 2000.
Increased Foreclosures, increased food prices... I think I'll vote for someone who will deliver on Universal healthcare (single payer), free college tuition for all , and pulling our troops out of Iraq. I'm surprised no one hasn't blamed the volatile stock market, the credit crunch, and lower incomes on Bill Clinton.
http://www.nytimes.com/2007/08/2...=rssnyt&
emc=rss
Hey Bill!
What Housing Bubble?
http://knzn.blogspot.com/2007/08...ous-
bubble.html
"a one percentage point increase in the ratio of immigrants to natives in a city decreases prices by 0.5 percentage points on average":
http://www.eurekalert.org/pub_re...p-
sic082307.php
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