chico6310's Blog

What you call "investors" are actually speculators. They are the same sort that purchased so much "stock on margin" in 1929 that the market crashed. As this "bubble" bursts, they will get what they deserve for inflating the market, but many others will suffer as their victims.

Developers are ready to cover as much gras as they can, and fell as many trees as they can, because the care for only one type of green - that on the front of a bill.

Tax Assessors and Property Appraisers are not much different, except that they are doing their work at the behest of Municipal Politicians who believe the only way they can serve their communities is to spend more money without a long range plan.

Insurance companies began as indemnity providers for people facing unforeseen disaster; but have evolved into Robber Barons, seeking only profit, and doing their utmost to avoid helping those in need. They hold up as their excuse the rampant attempts of the unscrupulous to defraud them.

There will be no end of this cycle until our economy totally collapses, or people go back to the old values that made this Nation great.
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Well, I hope there is not an entire collapse, but Americans are a stupidly stubborn lot. They don't like to listen to ANYBODY.

"It's my life, and I'll do what I want" seems still to ba a mantra.

Would DEflation be better thana collapse?
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Yeah. I think People are always SCREAMING about "FOR THE CHILDREN" because of their guilt over what THEY KNOW they are NOT DOING FOR THE CHILDREN!

I would say make the $50,000 Homestead Exemption available to all who have lived here 25 years or more, and natives under twenty-five.

Yes, I agree with you that the market is really the same as it was last year, just there are more houses on the market. The investors have caused a false sense of panic in the Tampa bay Area and home owners who live in the area are now fearful that they are losing value in the greatest investment they will ever make. The reality is that the same number of houses are selling each month, and the prices are generally up from where the owners purchased them, except for short time investors. These homes that were purchased last year are flat in price.

The Media has contributed to this public worry. They keep talking about how the market is falling and how home owners are losing money. No true statements, only the short term investors are losing. Home owners are generally gaining if they have had the house for more than three years.

It is so sad when people do not research the details prior to yelling about the sky is falling. Ask a Realtor for information about your area. Investors will cause the market to continue to fall if they keep dumping houses on the market, but Home owners will be fine as long as they finance well and take care of their investment.

Do you really think that this or any president has power? If you believe that we really need to talk about some property that I have for sale 20 miles west of Clearwater.