To rent or to buy, that is the question
September 18, 2009 02:00PMOn a Fox Business News segment this morning, The Real Deal Publisher Amir Korangy talked about whether now is the time to rent or to buy. He said "some people are not designed to own homes," but noted that the decision is unique to the individual and region. Korangy also mentioned that when homes are priced to sell, buyers are ready to pull the trigger. Watch the segment below.
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Comments
Anonymous
Agreed for sure. Definitely agree with that perspective. Nice one Real Deal.
Comment #1 Posted By: Anonymous 09/18/09
Anonymous
This idiots from Fox are supposed to be Republicans right so why are they so pissed that the government handout of $8K is going away? Don't fundamental Republican principals state that the government shouldn't take from one person and use the money to buy a house for another? They seemed confused about their own platform.
Comment #2 Posted By: Anonymous 09/18/09
Anonymous
The Republican party as it should be died with Ronald Reagan. It's been a 3 ring circus ever since. They are SO hypocritical that even they can't remember what their principals are.
Comment #3 Posted By: Anonymous 09/18/09
Anonymous
The average Republican does not beleive in the free market because of the greater good. They believe in it because they of their personal gain from it. Given that most republicans have much of their wealth in their homes, they support anything that would bolster the housing market. They also support low taxes only because it will make their business profits or stock portfolio increase. However, they will support any government subsidy that directly benefits them. That's why the party has so many contradictory interests.
Comment #4 Posted By: Anonymous 09/18/09
Anonymous
nice job, Amir.
Comment #5 Posted By: Anonymous 09/18/09
Anonymous
right on Amir.
Comment #6 Posted By: Anonymous 09/18/09
Greenstone
Part 1: I have yet to hear a truthful remark come out of the mouth of a Republican since Abraham Lincoln. Trickle-down Economics, Clear Skies, Compassionate Conservative and Contract with America were no more than catch phrases for people to swallow. From Joe the Plumber to Sarah Palin, the Republican Party cannot do more than squash ideas and be the party of descent. That's not a program to help America. That's a strategy to weaken it's opponents and nothing more.
Comment #7 Posted By: Greenstone 09/19/09
Greenstone
Part 2; While health care is a very serious issue that must be addressed, there is a much more important issue at hand. As a nation that consumes more foreign goods than it sells overseas (for many years now), it is imperative to get our trade imbalance under control. Our standard of living is at stake. The Republican point of view that we are spending too much and increasing the national debt is a valid one and yet only one side of the problem. Although they didn't seem to mind it when they did it. No right-minded person wants to have the debt that's being run up to these lofty levels today - and that includes Obama.
Comment #8 Posted By: Greenstone 09/19/09
Greenstone
Part 3: Spending trillions of dollars by the government was meant to inject liquidity into the markets where there was none. If the consumer markets weren't driving the economy, the federal government had to step in; and it was imperative to do this to avoid a total collapse of the system. But now that this crisis has been avoided, we need to concentrate on making the goods that others will start buying overseas. It's much easier to make things in China or some other low-cost country - but we must become a producing nation again or risk becoming a colony owned by our lenders.
Comment #9 Posted By: Greenstone 09/19/09
Greenstone
Part 4: Lester Thorow, the former dean at the Sloan School at MIT said in an address before Congress 20 years ago, that people buy things for two reasons: it's either made better, or it's made cheaper. He was right. And today the USA makes inferior products that cost more. This must end or we will never have the jobs, health care, security and standard of living we have come to take for granted.
Comment #10 Posted By: Greenstone 09/19/09
Anonymous
But #10 Obama and his crew expect people to make a "living wage" - how can I manufacture things that most Chinese people need when I have to pay my employees $7.50/hr plus another $1,50 in load? When your employees make that much money you can only produce expensive goods and there are only so many people in the world who can afford to buy any good or service that is produced by someone who cost his employer $9.hr. What we need is for American's to stop getting feed a fish everyday by their government. They need to be responsible for themselves and get the education and training needed for them to sustain themselves. Less government is the answer. No minimum wage is the answer. Poor US citizens who don't have 50 inch plasmas and cell phones is the answer.
Comment #11 Posted By: Anonymous 09/20/09