Comments on: 18 Reasons Why You Can Stick A Fork In The New Home Construction Industry

By: Mick Russom

Mick Russom — Tue, 17 Jan 2012 07:38:09 +0000

Oh, yeah, and new homes. They are built out of commodities. And with the printing press printing FRNs at a record pace, the land will be worth less than the materials use to construct a house.

By: CLARENCE SWINNEY

CLARENCE SWINNEY — Mon, 21 Nov 2011 02:24:30 +0000

America is tracking the trend line to End Of Empire laid by
Rome-Spain-Holland-England
Over extension worldwide on Debt.
Small group own most of the wealth

10% own 70% net wealth 80% own 15%
10% own 70% financial wealth 80% own 7%
10% take 50% individual Income 50% take 13%

70/15 70/7 50/13 = 190/35

Simplistic– clear picture—can you see it? Congress cannot! White House cannot!

Each of 10% own $7 of net wealth and each of 80% own $0.18
Each of 10% own $7 of financial wealth and each of 80% own $0.09
Each of 10% take $5 of individual income and each of 50% take $0.16

$7 to 18 cents ratio: 700:18
$7 to 7 cents 700:7
$5 to 16 cents 500:16

Is that not a picture of Third World Country?
Is that not a picture of England in End of Empire?
Is that not a picture of a Dictatorship
I cannot paint a clearer picture but sadly our president is too busy preaching to his choirs
The members of congress are too busy counting $$$$$$$$$$$$$ from Wall Street.
Ministers of America $$$$$$$$$ Got Your Tongues?
Where are our leaders? Counting $$$$$$$$$$$$$$$$$$$$$??????
If my numbers are wrong advise

By: King of the Zombees

King of the Zombees — Wed, 04 May 2011 21:04:16 +0000

A new empty home is like a FEMA camp…stay away from it!

By: KG

KG — Sat, 09 Apr 2011 17:18:08 +0000

What I have read somewhere recently (I read a lot on the economy) is that new home builders are now finding more profit as companies to buy the foreclosed homes, fix the often vandalized properties, then sell them & maybe even carry paper on them – why swim up hill…Let’s get THIS party started!

By: Bruce Levin

Bruce Levin — Tue, 05 Apr 2011 13:15:46 +0000

You can not compare apples to oranges when making projections about the housing market. The smart homebuilders (most of them are) are not going to be building low quality energy inificient McMancions in distant suburbs. They will not sucessfully compete against the inventory that will be coming to market. The will build (and are building) a different product (except where they already have sunk costs in existing subdivisions). To compete they are building (and will in the future) smaller, energy efficient homes close to transportation corridors or close to employment centers. Examples of what we are going to see is what Forest City is doing with “Walkable Cities” such as the redevelopment of Stapleton in Denver or Mesa del Sol in Albuquerque. They can not and will not compete against the inventory that is coming to market – and they know this.

By: CommonCents

CommonCents — Tue, 29 Mar 2011 02:36:02 +0000

To demonstrate my point.

If apples were $40 a pound, how many do you think would sell ? How fast would you buy them ?
Conversely, if they were 25 cents a pound the shelves would be empty before you could get your wallet out.
But for some reason some people think keeping apples at $40 a pound is good for business and can’t seem to figure out what the problem is.

By: CommonCents

CommonCents — Tue, 29 Mar 2011 02:30:26 +0000

Let’s make this real simple. There isn’t anything wrong with the housing market that lower lower lower prices won’t fix PERIOD !

Every house on the market would see tomorrow if the price was low enough. In fact I’d buy two at the right price.

By: Charles

Charles — Mon, 28 Mar 2011 00:02:22 +0000

It’s hard to buy a new house, when you are unemployed. LOGIC… learn to use it. If you are sleeping on the streets, you aren’t out buying houses.

By: rhea

rhea — Sat, 26 Mar 2011 12:29:00 +0000

If somebody didn’t pay for their house, it’s not right for a court to just give it to them. This hurts lots of other people who put money into mortgage backed securities. The only change in the law that I would favor is a ban on mortgage backed securities.

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By: tekroanin

tekroanin — Fri, 25 Mar 2011 10:08:45 +0000

I hope you realize the economic collapse of america is intentional… it’s all planned out —
you do realize that right Debt Slave???

Yes YOU Debt Slave!!!

If you want to do something about it… buy silver NOW! Arm up (buy a decent gun w/ a good supply of ammo) and Stock up on Food! And Fresh water!

It’s only a matter of time now – when they’re gonna completely default on the dollar and then YOUR FCK”D!

Your money is going to be worth less than toilet paper!

Get It????

I hope you do…