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01-03-2007, 09:46 AM #11
Amen to that brother!
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01-10-2007, 05:31 AM #12
Fixer Upper
- Join Date
- Jan 2007
- Posts
- 54
don't be hatin!!
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08-13-2009, 09:59 PM #13
Supply and demand take over and there becomes a shortage of housing, so only the "rich" can buy a house in those areas. Funny how it works, that those who profess to look out for the little guy actually harms him the most.
Real estate marketing is truly the best business today..
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08-15-2009, 06:19 PM #14
ignorant
the comment about investors driving the market up is not really true...it was the ability of homebuyers (who probably shouldn't have been buying in the first place cause they couldn't afford it) to buy. Their buying chances increased because of the easy accessibility to money (loans from banks). Investors drive prices up but through improvements and hard work. Investors and developers are what create neighborhoods which lead to homes, jobs, and basically everything you enjoy!
Truth is the banks were not properly regulated and were trying to keep the loan flow going and the money trickling in. When people's rates reset (variable rates or arms) or they lost their jobs and couldn't afford their mortgage payments the banks crapped out. Now it is wake up time for banks..hence, the difficulty in getting a loan these days.
I would say the issue is that corporate America is always trying to beat "last years" earnings. Banks, in this case, needed to keep lending since this is how they make money (interest or selling their loans)...earnings always need to improve..it's nonsense..it had to crap out and it did.
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08-16-2009, 03:38 AM #15
hi ,
Dubai as effected very badly
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What to say
hmm, I really don't know what to say
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I have seen investors drive up prices in the international property market IE Bulgaria, Brazil, Spain where foreigners have come in and priced the locals out the market.
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08-17-2009, 02:04 PM #18
Renter
- Join Date
- Aug 2009
- Posts
- 5
this is what I think about investors... ,,|,.



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