US Housing Market Faggotry

[Mormagil]

But useless arty hipsters aren't destroying anyone's savings except Mom and Dad. Hey Dad I want to go to Tibet and wear weird sandals for a year and smoke with a cigarette holder! Sure thing, son!

 

[lurch70]

they are artificially raising property values because yuppies think its cool to be around them

 

[Conspicuously Absent]

Good for him, socially handicapped quants with their heads in the clouds are part of the reason the economy's in the toilet right now.

pretty much yeah

 

[Mormagil]

they are artificially raising property values because yuppies think its cool to be around them

Yeah, good point. Let's all move to Harlem, it's so cool there!

 

[J.]

because of the housing market faggotry, i just locked a 4.875% refinance loan, with current rates at 5.125%



my current rate is 6.5%

having a cousin in the housing lending business and her boyfriend/fiance as an appraiser helps

 

[lurch70]

holy titties ... looks like everyone in Vegas gambled

 

[neal]

stockton, modesto, fairfield, merced wooooo central valley! houses should be free in those shitholes.

 

[General Zod]

Goldman Sachs says gas could hit $7.00 per gallon for regular in a yr.

Hard to know what the funniest part of this sentence is.

Zod

 

[dorian gray]

Housing prices here didn't seem to do much in either direction. I don't have any data, but I've heard that housing starts dried up to nothing which wouldn't surprise me.

 

[lurch70]

hahaha, this house for sale is literally across from my building's entrance. the RE Agent comes every Sunday for a 2 hour open house. he usually looks like he'd rather be in a bear trap than waste his time there.

http://www.sothebysrealty.com/en/Pr...382&N=12+149+4294932040&curr=USD&No=-1&PSeq=0

 

[dorian gray]

Dude. If I had 1.25 million bucks, you can damn well be sure I wouldn't spend it on a fucking house

 

[lurch70]

what's the average price of a house like that in your nabe?

 

[dorian gray]

Hmm...good question. I don't know how to answer it. So, I looked up houses that cost 1.25m in my zip code
http://www.zillow.com/homes/37205_rb/1250000-1250000_price/4839-4839_mp/

 

[dorian gray]

I think, just off the top of my head, that a house like the one across the street from you would cost half that at the very most, probably more like one-fourth.

 

[lurch70]

yeah that makes sense ... and you would probably have like half an acre of land along with it.

this one most likely has space in the back for a table with 4 chairs and a toys 'r us inflatable pool on special.

 

[dorian gray]

hahaha! Were you thinking of buying it?

 

[lurch70]

i would never buy a house in the 5 boroughs ... everything is insanely overpriced. even in the ghettos.

 

[dorian gray]

You should look in the Hamptons

 

[lurch70]

i was thinking about that ... but the commute would kill me and I can't afford that AND an apartment in Manhattan.

 

[Furious B]

yo lurch, how much do apartments run in manhatten?

i have quite a few friends moving to NYC and i just like, you know, having money instead of spending it all on a one bedroom in Brooklyn. maybe i'm off base. not sure.