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View Diary: Paul Krugman: Obama's proposed stimulus $1T too small (129 comments)

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  •  Well the market will always affect (0+ / 0-)

    prices.  No matter what your individual situation is, it's a fact that enough people can currently afford to buy a house at the current prices to keep them that high.  That might change but it will be because incomes are down and/or unemployment is up.  You shouldn't count on the market to sink to your level; it's much more likely to affect your job as well.

    To buy a house you've either got to start small with a property you might not find ideal, move to a place with lower prices, or earn more!

    I'd love for Maui condos to sink to my level, but it's highly unlikely to happen, as there are tons of other people out there who still want one.

    Save the parrots: Drink shade-grown coffee!

    by oscarsmom on Tue Jan 06, 2009 at 03:35:13 PM PST

    [ Parent ]

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