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Nov
5th

Sat

I discovered James Altucher only today, great character! (via Seven Reasons Not to Buy a Home - DailyFinance)

Tags: finance real estate

1 note Comments (View)

Jun
25th

Sat

(via Guest Post: What’s Really Driving House Prices In Canada? The Must-See Graph Of The Day… | zero hedge)

Tags: real estate finance mortgages

38 notes Comments (View)

May
14th

Sat

Philip Greenspun's Weblog » Soft housing prices: Maybe Americans just aren’t dumb enough to keep buying houses?

My personal threshold is a rent on price ratio of 5%.

Tags: real estate

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Apr
19th

Tue

Pauli, the California renter, said she has no such aspirations, at least for now. She pays $1,500 a month for her three-bedroom, single-family home with a two-car garage, granite kitchen countertops and stainless-steel appliances. Her neighbors who bought before the housing crash typically have mortgage payments of about $2,800 a month, Pauli said. “I don’t see myself purchasing, even with all the great prices I see,” Pauli said. “Going to bed every night worrying about your home value doesn’t sound like a good time to me.

— Americans Shun Cheapest Homes in 40 Years as Owning Loses Appeal - Bloomberg

Tags: real estate US

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Feb
22nd

Tue