the economy is so bad..

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2apture-13ound

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#1 2apture-13ound
Member since 2007 • 1430 Posts
my mom and dad are moving and having a hard time selling the house, and the real estate company who are making the house asked if they wanted help selling it from them! so i applied for one of their house and im in an apartment and they asked me if i needed help paying off the rest of my rent left in the contract just to get us movin in over there!!
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GenTom

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#2 GenTom
Member since 2005 • 5945 Posts
the fact that you can't easily sell your house is not just down to the economy being bad lol.. praps it's in poor condition? bad neighbourhood? Asking too much... soo many variables .
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flavort

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#3 flavort
Member since 2003 • 3794 Posts
The house can get sold if you have a agent that wants to sell it. If you have a agent that will sell it means it doesn't matter to him until it sells. A agent that wants to sell it works for a living and wants your business, that is a agent. The bad part about what is going on now is not as much the economy as it is government spending. They are the worst run business ever. So vote for limited government to change the problem.
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proctorsurf

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#4 proctorsurf
Member since 2006 • 2779 Posts
I agree... we're already in a recession.
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chrisrooR

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#5 chrisrooR
Member since 2007 • 9027 Posts
Why would you try and sell your house in the middle of winter? It's a dead time of the year, try selling in early-mid spring.
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mismajor99

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#6 mismajor99
Member since 2003 • 5676 Posts
My Wife's a realtor, the market is a complete disaster. They've been saying everything except the R word, which we'll find out in a few months.
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2apture-13ound

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#7 2apture-13ound
Member since 2007 • 1430 Posts
It's 5 minutse from I95, an airport, major school, major mall all are within walking distance. It's not hard to sell i should say taking longer than they'd like it's only been about 3 months
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GenTom

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#8 GenTom
Member since 2005 • 5945 Posts
you live in the outskirts of NY or Phili or Baltimore?
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btaylor2404

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#9 btaylor2404
Member since 2003 • 11353 Posts
The housing market is in shambles right now. I have friends/relatives in several states with their houses up for sale from 6 months to 2 years. Prices 80k-700k. So it's across the board. The real problem with the economy in my life is I make probably 30% more money this year than 2 years ago, but it's gone because of rising gas, electric, health insurance and other costs.
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deactivated-583e5f64e0a7e

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#10 deactivated-583e5f64e0a7e
Member since 2003 • 8419 Posts
The housing market is down, but not as bad as everyone thinks it is.
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btaylor2404

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#11 btaylor2404
Member since 2003 • 11353 Posts
New housing and construction is down 50% from their peak of a few years ago, and if it continues at present pace by midyear it will be lowest in over 50 years.
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espoac

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#12 espoac
Member since 2005 • 4346 Posts

I think people exaggerate how bad the economy is(which always happens in election years). Unfortuntely this exaggeration is causing a lot of financial speculation which then causes people to spend more conservatively. So in the end the economy might end up being as bad as people really think it is! When it really doesn't need to be.

What's worse is people think the housing market can be fixed if the Fed would just cut interest rates. However the Fed really doesn't have any leeway to cut interest rates because inflation is up.

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Witchking111111

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#13 Witchking111111
Member since 2004 • 7094 Posts

Life in America is great, isn't it?

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2apture-13ound

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#14 2apture-13ound
Member since 2007 • 1430 Posts
You mean the US ;)
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StarFoxEXR

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#15 StarFoxEXR
Member since 2007 • 689 Posts
Well people are spending more money on gas and taxes. Cut both and you can spend more money on other crap.
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livingrapture

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#16 livingrapture
Member since 2007 • 194 Posts
ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...

I bet you wish you were canadian now eh? lol
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StarFoxEXR

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#17 StarFoxEXR
Member since 2007 • 689 Posts

ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...

I bet you wish you were canadian now eh? lol livingrapture

If Hilary Clinton becomes the next president, I'll move into the house next to you lol.

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notconspiracy

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#18 notconspiracy
Member since 2007 • 2225 Posts
I agree... we're already in a recession.proctorsurf
a recession is 2 or more consecutive fiscal quarters of negative growth. we have not had 2 quarters of negative growth. we have had slowed growth, but no negative growth
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Food_Nipple

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#19 Food_Nipple
Member since 2003 • 8379 Posts
you know, in order to sell your house, someone has to want to buy it. It has nothing to do with the economy
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GamerForca

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#20 GamerForca
Member since 2005 • 7203 Posts
What state do you live in? It might just be that your state economy sucks right now.
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MCH

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#21 MCH
Member since 2003 • 972 Posts

[QUOTE="livingrapture"]ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...

I bet you wish you were canadan now eh? lol StarFoxEXR

If Hilary Clinton becomes the next president, I'll move into the house next to you lol.

Hopefully things will improve with some of the solutions being suggested. A US recession could be pretty bad for all of North America. Unless lots of Americans move to Canada and get our economy moving even stronger. Thingsare pretty amazing here right now. There is so much construction happening. There is a new house going upon every block in my neighbourhood (not exagerating at all). And they're only getting more expensive. The most recent new houses for sale are over $2 million!

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btaylor2404

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#22 btaylor2404
Member since 2003 • 11353 Posts

you know, in order to sell your house, someone has to want to buy it. It has nothing to do with the economyFood_Nipple

No housing sales are one of the strongest indicators of how an economy is doing. If no one can buy a house that means wages are stagnant, rates too high, or consumer confidence is low and people are waiting it out. It's very important. It doesn't matter where houses are being built, in a few places housing is up, but over a vast majority of the U.S. it's way down.

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lugiemojeed

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#24 lugiemojeed
Member since 2004 • 8785 Posts

[QUOTE="livingrapture"]ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...

I bet you wish you were canadian now eh? lol StarFoxEXR

If Hilary Clinton becomes the next president, I'll move into the house next to you lol.

Hillary Clinton brought a lot of money to New York and NYC.
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Born_Lucky

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#25 Born_Lucky
Member since 2003 • 1730 Posts

If the economy is so bad in the United States, why is everyone trying to move here?

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chrisrooR

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#26 chrisrooR
Member since 2007 • 9027 Posts

If the economy is so bad in the United States, why is everyone trying to move here?

Born_Lucky

because houses there are dirt cheap.

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mismajor99

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#27 mismajor99
Member since 2003 • 5676 Posts

you know, in order to sell your house, someone has to want to buy it. It has nothing to do with the economyFood_Nipple

The Housing market is a HUGE economic indicator.

[QUOTE="proctorsurf"]I agree... we're already in a recession.notconspiracy
a recession is 2 or more consecutive fiscal quarters of negative growth. we have not had 2 quarters of negative growth. we have had slowed growth, but no negative growth

Guess what happens right before a Recession? Slowed Growth.

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fvjonj

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#28 fvjonj
Member since 2003 • 661 Posts
The economy is still strong in BC, although a US recession will have repercussions here as well. Houses in our neighbourhood are usually on the market just a few days at most before they are snatched up. And like someone else said, new house construction is everywhere around us.
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Tolwan

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#29 Tolwan
Member since 2003 • 2575 Posts

The house can get sold if you have a agent that wants to sell it. If you have a agent that will sell it means it doesn't matter to him until it sells. A agent that wants to sell it works for a living and wants your business, that is a agent. The bad part about what is going on now is not as much the economy as it is government spending. They are the worst run business ever. So vote for limited government to change the problem.flavort

Well voting a democrat in sure as hell wont do that. They want to increase the amount of social programs and social spending by extreme amounts, especially hillary clinton. Add to that most likely a democrat wouldnt pull out of iraq after getting elected, especially hillary, given the potential extreme political fallout from a premature exodus of a war-state. Sure, you might get a huge boost at first, but if Iraq is conquered and becomes a terror state, and if America was attacked AGAIN afterwards, i gaurentee you a democrat wouldnt get elected again for several decades. So you'd have all that social spending PLUS all of the war-time spending.

Best thing is to go for an independant or moderate republican. The republican nominee may not be cutting down much on the government, but atleast they arent adding onto it (Well, mos of them anyways).

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Putzwapputzen

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#30 Putzwapputzen
Member since 2005 • 4462 Posts
yeah it is, im sry you are having a hard time man, dont worry life will get better :)
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2apture-13ound

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#31 2apture-13ound
Member since 2007 • 1430 Posts
Virginia, Centex Homes FTW!
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Def_Jef88

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#32 Def_Jef88
Member since 2006 • 17441 Posts
you can thank the media for causeing this stupid real estate scare...
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#33 jodamn
Member since 2007 • 893 Posts

[QUOTE="flavort"]The house can get sold if you have a agent that wants to sell it. If you have a agent that will sell it means it doesn't matter to him until it sells. A agent that wants to sell it works for a living and wants your business, that is a agent. The bad part about what is going on now is not as much the economy as it is government spending. They are the worst run business ever. So vote for limited government to change the problem.Tolwan

Well voting a democrat in sure as hell wont do that. They want to increase the amount of social programs and social spending by extreme amounts, especially hillary clinton. Add to that most likely a democrat wouldnt pull out of iraq after getting elected, especially hillary, given the potential extreme political fallout from a premature exodus of a war-state. Sure, you might get a huge boost at first, but if Iraq is conquered and becomes a terror state, and if America was attacked AGAIN afterwards, i gaurentee you a democrat wouldnt get elected again for several decades. So you'd have all that social spending PLUS all of the war-time spending.

Best thing is to go for an independant or moderate republican. The republican nominee may not be cutting down much on the government, but atleast they arent adding onto it (Well, mos of them anyways).

You're oversimplifying the difference between the parties. Many people are socially liberal but believe in smaller government / lower taxes. And voting for an independent in our two-party system seems like a wasted vote to me...

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#34 pianist
Member since 2003 • 18900 Posts

the fact that you can't easily sell your house is not just down to the economy being bad lol.. praps it's in poor condition? bad neighbourhood? Asking too much... soo many variables .GenTom

No, it's common knowledge that the housing market it terrible in the States right now, and there is a sub-prime mortgage crisis. The economy really is in bad shape at the moment.

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pianist

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#35 pianist
Member since 2003 • 18900 Posts

ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...

I bet you wish you were canadian now eh? lol livingrapture

Hate to break it to you, but a recession for the States is bad for us here in Canada too.

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2apture-13ound

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#36 2apture-13ound
Member since 2007 • 1430 Posts
yeah there are cool homes for like 150.. and they dont look like shacks some are even brand new 3/2 baths i think our state has a LOT of cheap homes but its not a good thing anymore i guess
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pianist

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#37 pianist
Member since 2003 • 18900 Posts

Well voting a democrat in sure as hell wont do that. They want to increase the amount of social programs and social spending by extreme amounts, especially hillary clinton. Add to that most likely a democrat wouldnt pull out of iraq after getting elected, especially hillary, given the potential extreme political fallout from a premature exodus of a war-state. Sure, you might get a huge boost at first, but if Iraq is conquered and becomes a terror state, and if America was attacked AGAIN afterwards, i gaurentee you a democrat wouldnt get elected again for several decades. So you'd have all that social spending PLUS all of the war-time spending.

Best thing is to go for an independant or moderate republican. The republican nominee may not be cutting down much on the government, but atleast they arent adding onto it (Well, mos of them anyways).

Tolwan

Yes, as usual a Republican comes in and makes a huge mess of things, then people blame whoever comes next for trying to clean up the mess. The Bush administration is directly responsible for the Iraq war, and America is stuck with it for a very long time now thanks to them. Cleaning up the economic damage this administration caused with its irresponsible tax cuts and offensive operations is going to take decades.

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hokies1313

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#38 hokies1313
Member since 2005 • 13919 Posts
Housing market is down these days due to the mortgage situation here in the States. Once that situation begins to get better, the housing market will begin to expand again.
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shoeman12

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#39 shoeman12
Member since 2005 • 8744 Posts
you should feel lucky you don't live in michigan.