GolfHos

General => The Cantina => Topic started by: Aske on December 23, 2008, 10:11:49 AM



Title: [ECON D+G] -13%
Post by: Aske on December 23, 2008, 10:11:49 AM
http://www.bloomberg.com/apps/news?pid=20601087&sid=aQ7HBEgYCzUE&refer=home


Title: Re: [ECON D+G] -13%
Post by: Spanky on December 23, 2008, 10:14:59 AM
Not to be all rude and *feces* but could it be that maybe houses weren't really worth what they were selling for the past several years?


Title: Re: [ECON D+G] -13%
Post by: Aske on December 23, 2008, 10:17:05 AM
Not to be all rude and *feces* but could it be that maybe houses weren't really worth what they were selling for the past several years?

No doubt. 


Title: Re: [ECON D+G] -13%
Post by: Clive on December 23, 2008, 10:19:45 AM
Spanky, does it matter?


Title: Re: [ECON D+G] -13%
Post by: Spanky on December 23, 2008, 10:26:37 AM
Guess not.


Title: Re: [ECON D+G] -13%
Post by: Spartan on December 23, 2008, 10:38:54 AM
According to Zillow, that's what my house is down since last year.  Fortunately I bought it 24 years ago, so we're no where near being upside down on it.


Title: Re: [ECON D+G] -13%
Post by: Clive on December 23, 2008, 10:49:09 AM
Erratic through 2008, but overall +4.4%.  I'm happy lucky.


Title: Re: [ECON D+G] -13%
Post by: Spanky on December 23, 2008, 11:34:23 AM
Actually our house is up 15% from when we bought it. But then I felt it was underpriced when we did.