http://www.bizzyblog.com/2008/05/28/couldnt-help-but-comment-052808-morning/ The Business End of the Blogosphere Fri, 12 Mar 2010 10:29:33 -0800 http://wordpress.org/?v=2.8 hourly 1 http://www.bizzyblog.com/2008/05/28/couldnt-help-but-comment-052808-morning/comment-page-1/#comment-122611 Mark McNally Wed, 28 May 2008 18:13:39 +0000 http://www.bizzyblog.com/2008/05/28/couldnt-help-but-comment-052808-morning/#comment-122611 "party favors". I love Peggy Noonan. Some find her too sugary, others find her to negative. I think she's just right. “party favors”. I love Peggy Noonan. Some find her too sugary, others find her to negative. I think she’s just right.

]]> http://www.bizzyblog.com/2008/05/28/couldnt-help-but-comment-052808-morning/comment-page-1/#comment-122610 largebill Wed, 28 May 2008 16:42:31 +0000 http://www.bizzyblog.com/2008/05/28/couldnt-help-but-comment-052808-morning/#comment-122610 I don't understand all the angst about the supposed steep decline in home prices. For one thing, it doesn't affect most people. I bought here in 2004. Does it matter to me if my home would sell for 5% less (or 10% or whatever)? No. A home is not for day trading. Real estate will increase in value. However, no investment moves in a straight line and you of course have the value of living in the home in the meantime. The other side of this coin is it is a buyers market. People who chose to save a little more before buying are in a great position right now - low interest rates and anxious sellers. Just like in the stock market, every loser has a winner sitting across the table sometimes you just can't tell which is which. I don’t understand all the angst about the supposed steep decline in home prices. For one thing, it doesn’t affect most people. I bought here in 2004. Does it matter to me if my home would sell for 5% less (or 10% or whatever)? No. A home is not for day trading. Real estate will increase in value. However, no investment moves in a straight line and you of course have the value of living in the home in the meantime. The other side of this coin is it is a buyers market. People who chose to save a little more before buying are in a great position right now – low interest rates and anxious sellers. Just like in the stock market, every loser has a winner sitting across the table sometimes you just can’t tell which is which.

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