tag:blogger.com,1999:blog-13164186.post3828625248747725861..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Case-Shiller: Home prices still fallingDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-13164186.post-71184709171086027082011-02-28T23:38:15.527-05:002011-02-28T23:38:15.527-05:00San Francisco too.
however, if new construction i...San Francisco too.<br /><br />however, if new construction is exempted from Rent Control for the first 25 years, it should make plenty of money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-72145679027373442022011-02-28T12:26:09.662-05:002011-02-28T12:26:09.662-05:00@James said:
The only place in America with rent ...@James said:<br /><br /><i>The only place in America with rent control that I'm aware of is New York City.</i><br /><br />http://www.dhcd.dc.gov/dhcd/lib/dhcd/services/rental/rentcontlfs7.pdf<br /><br />If you want to learn more about rent control in DC, or robots, check your local library!oboenoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-77800298044758446172011-02-23T14:40:34.752-05:002011-02-23T14:40:34.752-05:00Anonymous said...
"The best way to turn the h...Anonymous said...<br />"The best way to turn the housing market around is to end rent control and insist renters pay fair market."<br /><br />The only place in America with rent control that I'm aware of is New York City.Jameshttps://www.blogger.com/profile/15243567377599238583noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-74915293296624339372011-02-23T13:20:04.404-05:002011-02-23T13:20:04.404-05:00"How did these people go wrong?"
They b..."How did these people go wrong?"<br /><br />They bought near the top. They should have bought in 2009 (when prices were at the bottom), and watched them rise since...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-17061598094755320132011-02-23T12:25:26.308-05:002011-02-23T12:25:26.308-05:00"Translation - it really IS different here!!!..."Translation - it really IS different here!!!"<br /><br />Is it different for these people?<br /><br />(value of home -$160k in premium section of Alexandria))<br /><br />http://www.zillow.com/homedetails/2408-Ridge-Road-Dr-Alexandria-VA-22302/12031932_zpid/ <br /><br />(value of condo -$100k in "sought after" Ballston)<br /><br />http://www.zillow.com/homedetails/820-N-Pollard-St-APT-901-Arlington-VA-22203/72449750_zpid/<br /><br />How did these people go wrong?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-82378905339790209942011-02-23T11:37:39.683-05:002011-02-23T11:37:39.683-05:00Existing Home Inventory increases 3.1% Year over Y...<a href="http://www.calculatedriskblog.com/2011/02/existing-home-inventory-increases-31.html" rel="nofollow"> Existing Home Inventory increases 3.1% Year over Year </a>James Doakesnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-34426527814336893732011-02-23T11:18:45.859-05:002011-02-23T11:18:45.859-05:00Soak the renters, I say.
The best way to turn th...Soak the renters, I say. <br /><br />The best way to turn the housing market around is to end rent control and insist renters pay fair market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-44912850996004887422011-02-23T09:00:04.328-05:002011-02-23T09:00:04.328-05:00James - you left out the most important part:
&qu...James - you left out the most important part:<br /><br />"18 of the 20 MSAs covered by S&P/Case-Shiller Home Price Indices and both monthly composites were down<br />compared to December 2009... leaving San Diego and Washington DC as the only two cities where home prices are increasing on a year-over-year basis, +1.7% and +4.1%, respectively.<br /><br />Translation - it really IS different here!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-28663711293795447742011-02-23T08:34:48.402-05:002011-02-23T08:34:48.402-05:00It should be abundantly clear by now that affordab...It should be abundantly clear by now that affordable home prices (along with equitable tax policies) are the key to a growing and sustainable economy.<br /><br />The imbalances that were created in the past decade with the real estate bubble will need to rectify themselves before we can actually look forward to regaining positive growth.Anonymousnoreply@blogger.com