Crescent Real Estate Equities Company

Crescent Real Estate Equities Company

Crescent Real Estate Equities Company

It should be no surprise. Supply and demand. People want mobility and Crescent Real Estate Equities Company homes are a liability to keeping jobs. Unless congress wants to see prices fall to 70's levels or lower and tens of millions more walk away from their homes they need to stabilize the market by increasing incentives by doubling or tripling the interest deduction. Failure to do that will send USA into a spiraling out of control dive into a great depression and bankruptcy. Not god gov is the dumbest president USA has ever had and should be impeached for his stupidity.

Would you want foreigners to drop bombs on your frisco home and the homes of your family and neighbors? I hate living under the rule of Obama but I don't want China or Russia to bomb my town in order to bring him down. This is sad, but was predictable. The government artificially increased prices with its tax credit by creating an artificial surge in demand, causing more people to buy houses they cannot afford (at least for some) at a price that was unrealistically high. Now these people are all stuck in houses that are losing equity. This will invariably lead to more foreclosures and even lower housing prices. And all this for only a few billion of added government debt. Why is the government unwilling to accept that Crescent Real Estate Equities Company housing prices need to come down. In many parts of the country the average American cannot afford to buy a home without assuming and unsustainable level of debt (the US government might be okay with debt, but many hard working Americans are not). While falling prices are bad for those who own a home and need to sell, they are no big deal for people who own a home but have no plans to sell any time soon, nor are they bad for people who want to own a home but currently can't afford it. For most Americans, falling home prices are either good or indifferent, it's only for those who bought more than they can afford and can't get out that this is a problem, and it's hard for me to feel bad for those people.

"Hoping" is only an excuse for the weak to not DO anything....(Gee, I HOPE teh world will be a better place full of peace love and gumdrops....) Good lord that is so foolish its scary.

Folks, I have SEEN the world, in all its evil glory. The ONLY way we won’t have countries at war, geopolitical maneuverings, strife, prejudice, disease, hunger, poverty, and ALL the things the messiah has promised to end, is by doing away with ALL borders, putting one group in power world wide, and enforcing TOTAL control through the barrel of a gun wielded by a police state. I REALLY dont think that is what we Americans want, so we better just accept that the world is indeed fornicated up, we, despite all our faults, are all that keeps it from plunging into total chaos, and that the mark of a true  Crescent Real Estate Equities Companyleader is not popularity amongst a nation of sheep, but the willingness to do the right thing, because its the right thing to do, regardless if a world full of dictators, despots, communists, and pacifists like us or not.

Breckenridge Colorado Home prices are down, unemployment is up, food prices are up, the dollar is down.

This is some recovery.

It boggles my mind to actually think the American public is gullible enough to believe anything that comes out of Washington ... from any administration.

All of you are wrong for blaming one party or the other.

This is a housing price correction, and a long overdue one at that. It used to be that you only used 25% of a one-worker family income for housing. For many years, investors bought houses - not to live in - but as investment properties. By taking available homes off the market, they drove up market prices for housing. They sold them at inflated prices as housing costs increased. This housing "bubble" could only sustain itself while times were good. In 2008, energy prices spiked. Suddenly, companies cut back to save costs, and passed on the price of the energy spike to the consumers. Consumers, already stretched thin to afford their mortgages, simply could not afford their mortgages anymore. Multiplied by several Colorado million dollar homes, and risky bank loans, more homes hit the market - supply outstripped demand. Prices tumbled, and continue to do so.

The solution is: make stable, low energy prices PRIORITY ONE. Energy prices caused this problem - and neither Bush or Obama did anything - other than sit back and watch prices go sky high.

Use the military to secure oil - using lethal force if necessary. Remove oil futures from the stock market under national security" provisions. Annex entire countries like Iraq (New Jersey east). Open ANWR. Hold environmentalists in GITMO as enemies of the state. Do what you have to do to ensure gasoline and home heating oil prices do not exceed 2.00 a gallon.

And for God's sake, Obama, get that missile defense shield working. The START treaty is worth less than the paper it's written on. Can you imagine - China fires their ICBM's at us, and Obama runs around yelling "But I have a treaty - A TREATY !"