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In United States
Registered Jan 30, 2008
Computer nerd and foodie. Would like to buy a house but can't afford one anywhere I'd want to live.
bdrasin's most recent comments:
- On 26 Feb 2014
Mortgage Applications Drop to 20 Year Low,
But new home sales were strong in Jan- cold weather?
Well, at least in my neck of the woods people are buying with cash. No mortgage needed.
- On 23 Feb 2014
Are there any genuine Obamacare horror stories?,
Yes, there are genuine Obamacare horror stories: by demagoging and fearmongering Obamacare, in 2010 the Republicans were able to win enough state legislative and gubernatorial elections that they've gerrymandered themselves darn near a permanent house majority and don't have to be responsive to the will of the people. That's a horror story if I've ever heard one.
- On 12 Feb 2014
Just Admit It: iWog Was 100% Correct in His Predictions!,
Sure, I'll step forward and take my lumps.
I bought the affordability argument and assumed that prices would continue to drop or stay flat until an average income could afford an average house, if not in San Francisco/Palo Alto/Sausalito at least in the second-tier cities that I was (and am) interested in. I still don't really understand how that is not the case, but I can see the evidence now that it is right in front of my nose. None of us know what the future holds, but up to this time Iwog has been pretty much right on the money.
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