Comments on: The Housing Market: Three Strikes Against Buyers http://www.investmentu.com/IUEL/2009/January/the-housing-market.html Investment Advice and Investment Research with a Contrarian Point of View Fri, 20 Nov 2009 20:21:33 -0600 http://wordpress.org/?v=2.8.3 hourly 1 By: The Housing Market http://www.investmentu.com/IUEL/2009/January/the-housing-market.html/comment-page-1#comment-11196 The Housing Market Wed, 27 May 2009 21:51:51 +0000 http://www.investmentu.com/IUEL/2009/January/the-housing-market.html#comment-11196 [...] reason it will take years for the housing market to reach equilibrium - where buyers and sellers can easily meet - is that the market for newer [...] [...] reason it will take years for the housing market to reach equilibrium – where buyers and sellers can easily meet – is that the market for newer [...]

]]> By: International investments | Canada, the World’s Soundest Banking System - Contrarian Stock Market Investing News - Featuring Bargain Stocks http://www.investmentu.com/IUEL/2009/January/the-housing-market.html/comment-page-1#comment-2245 International investments | Canada, the World’s Soundest Banking System - Contrarian Stock Market Investing News - Featuring Bargain Stocks Thu, 26 Feb 2009 13:02:07 +0000 http://www.investmentu.com/IUEL/2009/January/the-housing-market.html#comment-2245 [...] to find that their northern neighbors have somehow avoided the subprime lending scandal and the housing market [...] [...] to find that their northern neighbors have somehow avoided the subprime lending scandal and the housing market [...]

]]> By: David Wooten http://www.investmentu.com/IUEL/2009/January/the-housing-market.html/comment-page-1#comment-1342 David Wooten Tue, 27 Jan 2009 07:01:17 +0000 http://www.investmentu.com/IUEL/2009/January/the-housing-market.html#comment-1342 When the tax payers are bailing out failed companies by government officials, who are they really helping? A free enterprise works on who makes a product customers want to buy, if they don't they fail. Someone who loans money to those who are unable to pay back, why do they expect to get paid back? Being a tax provider, should we benefit some from the failed companies and banks? So, why do banks continue to apply large interest rates to our 30/15 year mortgages? 5%-6% may not seem much, but in 15 or 30 years it does add up. It would seem to me allowing the home owner to pay a reasonable interset rate over a 30 year period would avoid a housing crisis, and a foreclosure problem. The banks continue to benefit from the interest rate, the banks don't have to foreclose, the homeowner keeps his home, and the extra cash from lower interest rates goes into the economy, sounds like economics 101, and everyone is a winner. The Woo When the tax payers are bailing out failed companies by government officials, who are they really helping? A free enterprise works on who makes a product customers want to buy, if they don’t they fail. Someone who loans money to those who are unable to pay back, why do they expect to get paid back? Being a tax provider, should we benefit some from the failed companies and banks? So, why do banks continue to apply large interest rates to our 30/15 year mortgages? 5%-6% may not seem much, but in 15 or 30 years it does add up. It would seem to me allowing the home owner to pay a reasonable interset rate over a 30 year period would avoid a housing crisis, and a foreclosure problem. The banks continue to benefit from the interest rate, the banks don’t have to foreclose, the homeowner keeps his home, and the extra cash from lower interest rates goes into the economy, sounds like economics 101, and everyone is a winner.

The Woo

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