Womack ,'The Message'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Also, as the housing prices fall, the amount of rent that can be demanded for properties falls.
Interestingly, the reverse was not the case (anyway, not across the board) when times were high. Anyway, I lived in the same neighborhood for the 5 biggest years of the boom, and rent stayed pretty much the same throughout.
(I live in a tight and unexpandable housing market, so that might be a factor; and throughout those 5 years people were taking rental properties and turning them into condos.)
Interestingly, the reverse was not the case (anyway, not across the board) when times were high.
I can't prove this, but I'd bet the reason is that a lot of people who'd otherwise rent were able to get mortgages. Leaving the supply lower than it otherwise would be.
Yeah, the people who bought our house before us (and got it foreclosed on, thus enabling us to buy it) paid $120,000 more than we did. With the recent drop, our house is still in the average range and worth maore than our mortgage, but if prices go another 10% lower it won't be. Luckily, we aren't planning on going anywhere, so we can wait a few years until things even out.
Thank god we are renting a house that no longer has a mortgage, but is owned outright by the same family that moved in to it in 1947. Cause tennants who are evicted because of foreclosure are screwed.
scrappy, I thought of you because our target has a really cute roller skate tshirt. I almost bought you one, but I was running around too quick.
job~ma Kat!
thanks sox! How's your little one's cold?
lori, are you and hank available next Friday? I just want to move my bed. I have no more room for boxes and it's my last day to pack.
Job~ma, Kat!
We have a pound cake sitting on the counter in the kitchen. Liv came up to me and used the sign for bread, then took me in and pointed to the pound cake that she wanted. We've NEVER used that sign with her. She just saw it on a video.
I'm so tired and need a nap but I'm going bowling with some new people tonight. I hope I don't embarrass myself.