1/6 http://www.nytimes.com/2005/12/29/realestate/29afford.html
Buying a home now is still easier than it was in the 80s
\_ "in almost every place outside of New York, Washington, Miami and
along the coast in California. ... places like New York and Los
Angeles ... families buying their first home often must spend more
than half of their income on mortgage payments, far more than they
once did"
\_ This could be read to mean exactly the opposite of what the
article said. Even ignoring that, you left out the next
sentence, "But the places that have become less affordable over
the last generation account for only a quarter of the country's
population." Considering the concentration of population in
NY and CA, it's likely only a tiny number (<< 1/4) of
municipalities have become less affordable.
\_ It only means the exact opposite in places like NY,
Washington, Miami, and coastal California.
\_ It's your choice where you want to live and how much you
are willing to spend on real estate. Fortunately, the
number of places with more affordable housing is growing.
\_ Enjoy your life in Nebraska.
\_ I imagine that's the difference between us. I feel
no superiority over people who would find Nebraska
right for them. It sounds like you do.
\_ I imagine that's the difference between us. You're
a snob and I'm not.
\_ Be grateful. Having all the people with that
personality want to buy houses in the same small
group of cities gets them out of your way.
I could name several really wonderful cities
which still have affordable houseing, but I won't,
because I want to keep the speculator-parasites
from even hearing the names.
\_ have fun in boonyville. It's not hard to
find out which cities will continue to boom
regardless of existing population. I'll
give you a hint-- where there are damn
jews and orientals there will always be
irrational housing boom.
\_ *laugh* Hi Wannabe-Racist Housing Troll!
And that's "damned" not "damn". Also, if
you're going for the racist thing there are
plenty of hard core racial slurs you could
have used instead of "damn jews and
orientals". That was pretty weak. You get
a "D-". --Troll Rating Advisory Board
\_ I imagine I have actually live in Nebraska
\_ As far as "orientals" are concerned,
there are plenty of busts following
booms. Just check out HK, Spore, Tokyo,
etc.
\_ I imagine I have actually lived in Nebraska
and you have not. Enjoy the 20 below zero
weather with endless winds blowing off the
prarie while I enjoy my sunny days in the 60s
in January.
\_ Yeah, but harder than it was during the 90s. At the end of the
80s home prices took a big drop. They will soon again. |