Housing Crisis
Out of context: Reply #5
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- designbot0
Yeah heard this awhile back...pretty good.
It will continue to fall imo, most housing prices are still much higher than the average income can afford. Anybody else see the problem? I honestly think the days of purchasing a home, and calling that an "investment" are over. The thing that kills me is that they are continuing to build these cookie-cutter houses everywhere....these builders are going to be in such a heap of shit, I bet they are going to begging people to buy these houses in the future. I also notice all these new homes are huge...how about building a "normal" size house that more people would be interested in and can actually afford. Such a waste of resources. I also see these big office buildings everywhere that are completely vacant, brand new nice buildings...and they can't get any businesses into them.
If only we all got raises every time inflation went up.