To: All
Last year, Jim Gaines of Texas A&M found that increases in taxes, insurance and utilities could have a bigger impact on housing affordability than changes in interest rates.
7 posted on
10/31/2007 4:22:30 PM PDT by
Dubya
(Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father,but by me)
To: Dubya
“Last year, Jim Gaines of Texas A&M...”
My God, you are going to listen to Aggies now?
Bwahahahaha!
By the way, a rise in the foreclosure rate is only important when taken in the context of total percentage of home stock in foreclosure. The “rate” can go up by a big scary looking number without hurting things much at all if the actual percentage of home stock in foreclosure remains low.
8 posted on
10/31/2007 4:35:05 PM PDT by
SaxxonWoods
(...."We're the govt, and we're here to hurt."....)
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