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When will you buy? What will you buy?


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2005 Aug 30, 12:53pm   22,667 views  174 comments

by Peter P   ➕follow (2)   💰tip   ignore  

The housing bubble will end but prices will not go down forever. At some point, it will be a good time to buy again. When will that be? How do we determine that point in time? What will you buy? How will you finance it?

(Note: this is not the same as the "Dream Homes" thread because the next house you buy may or may not be your dream home.)

#housing

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170   SJ_jim   2005 Sep 2, 4:44pm  

Well earlier today there was talk of a "rate hike or no" thread. I suppose to discuss whether there should, and whether there would, be one, and what the ramifications would be. I was looking forward to that because it sounds like it would be a good source thread (i.e edumacational). Don't know why no thread yet, though....

171   Zephyr   2005 Sep 2, 4:48pm  

The suffering in New Orleans is truely a shame...

From another website:

“Much of the suffering in New Orleans was avoidable. LOCAL authorities were slow with the evacuation order, and did not utilize resources at hand to evacuate those who lacked transportation.

Perhaps they were concerned that once they had evacuees on busses they had no plan for where to take them.”

http://www.city-journal.org/html/eon_09_01_05ng.html

http://instapundit.com/archives/025310.php

The city had countless buses in the city that they just parked and left to be flooded.

172   SQT15   2005 Sep 2, 4:51pm  

Well earlier today there was talk of a “rate hike or no” thread. I suppose to discuss whether there should, and whether there would, be one, and what the ramifications would be. I was looking forward to that because it sounds like it would be a good source thread (i.e edumacational). Don’t know why no thread yet, though….

The main thread masters have been away today, but I can put one up. In terms of rate hikes, are we speaking in response to Katrina, or do you want to address other factors?

173   SQT15   2005 Sep 2, 5:06pm  

Actually never mind. I went ahead and created a new thread. It's basic but we need to move on.

174   Jimbo   2005 Sep 3, 2:19am  

astrid, I will miss your presence, but agree that it is probably a good idea to cool off for a bit. Maybe not weeks, but however long you feel like you need.

This is not a political blog, per se, and I would hate to see it turn into one. There is plenty of that out there.

My politics are pretty close to yours, but I came from the other end. I grew up poor and was practically an anarchist in college. Now I consider myself progressive socially and pragmatic fiscally.

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