PatriotsReign

??? My credit rating is 780...pretty cool, huh sd?

If you want to comment on the topic, feel free.

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"No one walking this earth knows what is truly righteous"

Nikolai

I think that's the key to getting our economy back to what it was in 2002-2007, but I'm not so sure that's where we want to go. We need to move away from relying on home sales to jump start our economy. It's bad form to expect people to continue buying homes if they're not rising in value, and it's bad form to expect homes to continue increasing in value. In the end, homes are for living, which drives the values down as investment becomes less important in a bare bones economy.

I personally think the very high home prices, combined with stagnating salaries has played an enormous role in the reduced spending power of the American consumer, and as long as home prices remain too high, you won't be seeing consumers bail out this economy with more discretionary spending, i.e. I'm saying the home values in this country have not yet hit rock bottom. Bad news for real estate investors, a minor niggle for people who buy homes to live in, and good news for high school students who might be planning to buy a home in the next ten years.

EDIT - Spot the awesome run on sentence.

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We get what we deserve.

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“On a day when they could have had impact players David Terrell or Koren Robinson..they took Georgia defensive tackle Richard Seymour, who had 1 sacks last season in the pass-happy SEC and is too tall to play tackle at 6-6 and too slow to play defensive end. This genius move was followed by trading out of a spot where they could have gotten the last decent receiver in Robert Ferguson and settled for tackle Matt Light, who will not help any time soon.”