Comments on: Helping Joe-The-Homebuyer http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/ Sat, 11 Feb 2012 07:12:54 +0000 hourly 1 http://wordpress.org/?v= By: John M. http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/#comment-14797 John M. Sun, 09 Nov 2008 20:05:14 +0000 http://housingdoom.com/?p=1789#comment-14797 I used to work in a glass cube that was a subsidiary of John Hancock. Windows would fly out in a high wind ;) I used to work in a glass cube that was a subsidiary of John Hancock. Windows would fly out in a high wind ;)

]]> By: toysarefun http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/#comment-14796 toysarefun Sun, 09 Nov 2008 19:48:36 +0000 http://housingdoom.com/?p=1789#comment-14796 Anything and everything you read and hear anymore, has something to do with money, if it's not blatantly obvious, it's between the lines. To put it simply, everyone wants everyone elses money, they don't care how they get it, they are so desperate they'll take promissory notes from anyone with a john hancock, or wait, they might have stopped doing that when they finally realized people, the general populous, are generally broke. It comes to no surprise to me that the NAR would be asking for additional handouts, I count the bank handouts as a handout to the NAR. Anything and everything you read and hear anymore, has something to do with money, if it’s not blatantly obvious, it’s between the lines. To put it simply, everyone wants everyone elses money, they don’t care how they get it, they are so desperate they’ll take promissory notes from anyone with a john hancock, or wait, they might have stopped doing that when they finally realized people, the general populous, are generally broke.

It comes to no surprise to me that the NAR would be asking for additional handouts, I count the bank handouts as a handout to the NAR.

]]> By: agnostic http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/#comment-14795 agnostic Sun, 09 Nov 2008 17:00:19 +0000 http://housingdoom.com/?p=1789#comment-14795 John, why isn't the NAR going to the Treasury for TARP money for its impaired members - "We have got to keep as many people in the Real Estate business as possible so there are ample agents to service the pent-up demand when it hits, and that's right around the corner! We'll structure a TARP loan around a give-up of 20% of our future commissions just so we can buy things in December to contribute to the economy. Seriously, you have NO IDEA how many impaired realtors are out there, and the continued collapse of the housing market is going to drive thousands of agents out of work." John, why isn’t the NAR going to the Treasury for TARP money for its impaired members – “We have got to keep as many people in the Real Estate business as possible so there are ample agents to service the pent-up demand when it hits, and that’s right around the corner! We’ll structure a TARP loan around a give-up of 20% of our future commissions just so we can buy things in December to contribute to the economy. Seriously, you have NO IDEA how many impaired realtors are out there, and the continued collapse of the housing market is going to drive thousands of agents out of work.”

]]> By: hd http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/#comment-14794 hd Sat, 08 Nov 2008 17:30:01 +0000 http://housingdoom.com/?p=1789#comment-14794 I used to get mad at quotes and stories like these from the NAR, Realtors and the media. Now it's just background noise. "Blah, blah, blah, best time to buy/sell a house, blah, blah, blah...", "Blah, blah, blah, these stocks are a once in a generation buying opportunity...blah, blah, blah...", "Blah, blah, blah, we MUST do everything possible no matter how bad for everyone to keep these people in their homes and their home prices artificially elevated, blah, blah, blah..." Igor says "downside", I say blah blah blah. I used to get mad at quotes and stories like these from the NAR, Realtors and the media. Now it’s just background noise. “Blah, blah, blah, best time to buy/sell a house, blah, blah, blah…”, “Blah, blah, blah, these stocks are a once in a generation buying opportunity…blah, blah, blah…”, “Blah, blah, blah, we MUST do everything possible no matter how bad for everyone to keep these people in their homes and their home prices artificially elevated, blah, blah, blah…”

Igor says “downside”, I say blah blah blah.

]]> By: twist http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/#comment-14793 twist Sat, 08 Nov 2008 15:58:17 +0000 http://housingdoom.com/?p=1789#comment-14793 John- Poking holes in the NAR proposals is like hitting a barn at point blank range. It's amazing they saw fit to print this stuff. The solution needs to fit the problem. The main problem at the moment is that in this economy, buying a house for most folks is a BAD IDEA. Even with credits and buy downs, if people aren't certain they are still going to have a job next year, it's hard to get them excited about buying, no matter what the terms. The NAR has been about GETTING people in homes, not KEEPING people in homes, so I guess you can't blame them for not considering long term fundamentals. You can just blame the reporters that quote them. Igor says "foolish", as do I. John-

Poking holes in the NAR proposals is like hitting a barn at point blank range. It’s amazing they saw fit to print this stuff.

The solution needs to fit the problem. The main problem at the moment is that in this economy, buying a house for most folks is a BAD IDEA. Even with credits and buy downs, if people aren’t certain they are still going to have a job next year, it’s hard to get them excited about buying, no matter what the terms.

The NAR has been about GETTING people in homes, not KEEPING people in homes, so I guess you can’t blame them for not considering long term fundamentals. You can just blame the reporters that quote them.

Igor says “foolish”, as do I.

]]> By: PoorBoomer http://housingdoom.com/2008/11/08/helping-joe-the-homebuyer/#comment-14792 PoorBoomer Sat, 08 Nov 2008 15:01:18 +0000 http://housingdoom.com/?p=1789#comment-14792 How about some help for Joe the Renter? How about some help for Joe the Renter?

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