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To: library user

If I thought there were any buyers for the one I own,
I would sell it tomorrow and I would never buy another one.

Home ownership has become an albatross around your neck.

The homes go on the market here and just sit there...
The only interest is from investors who would but them and rent them out;
but my idiot homeowners association requires homes to be owner-occupied.


12 posted on 04/17/2011 1:15:01 PM PDT by Repeal The 17th (Tagline closed for repairs. Please use the next available tagline. We appreciate your patience.)
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To: Repeal The 17th
If I thought there were any buyers for the one I own, I would sell it tomorrow and I would never buy another one.

Home ownership has become an albatross around your neck.

When everyone is parroting your statements, I will know we are in a housing recovery. Just as approaching the peak of the housing boom, masses were parroting the lie that housing always goes up, renting is always a waste of money, etc. What you are seeing and feeling is the depth of the worst housing bust in 100 years. Your feelings are understandable.

You are wrong to think that housing will never go back up. Maybe for you if you are old enough, but certainly it will cycle back up eventually just as it cycled down. As long as people need shelter, as long as marriages occur, people will demand to "own" homes.

20 posted on 04/17/2011 4:31:48 PM PDT by Freedom_Is_Not_Free (Don't confuse Obama's evil for incompetence.)
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