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rooemoore
@
2012 Oct 20, 10:03am
More good news!
Isn't that relative? Good for one is bad for another. There is no such thing as good or bad.
A stronger economy with more jobs and higher pay is good for everyone but the misanthropes. Not saying we have that yet, but signs are finally pointing in the right direction.
Remember, there will not be another bubble and prices will rise very slowly, so no one will be priced out. Personally, I am not selling or buying a home in the next 10+ years. I am happy about housing turning around because it is a good sign for the overall economy. As a small business owner, this in very important to me.
The doom and gloomers on this site who seem to be hoping for a housing crash might as well be cheering for more homeless families and higher crime rates, because if housing tanked like they wish it would, that is what would happen.
JodyChunder
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2012 Oct 20, 12:15pm
Wow, look - Home prices are going up!
It's called a rally. Happens all the time, folks. This one is driven by investors REITs.
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http://www.businessweek.com/news/2012-10-17/housing-starts-in-u-dot-s-dot-surged-in-september-to-four-year-high
#housing