Arizona's New Immigration Law

[joethiesmanfan]

Originally Posted by JoeRedskin

Neither of these two articles show any proof that the market was saturated preboom. Neither show any indication that, pre-boom, banks were funding builders w/ no demand.

From the Florida article:
"This is quite a turnaround for Schulmeyer's group, which had retreated to building just over 100 homes in only four communities in 2009, down from 900 houses in 20 locales during the peak mid-decade."

From the New York article:
"Furman Center researchers found that the city gained 170,000 new housing units from 2000 to 2008."

Wow - they built too many houses and then the market crashed. The explosion in price occurred at the same time as your articles show the building boom. NOT BEFORE. Where's the proof that the housing boom existed before prices exploded?

Timeline of the United States housing bubble - Wikipedia, the free encyclopedia

File:Median and Average Sales Prices of New Homes Sold in United States 1963-2008 annual.png - Wikipedia, the free encyclopedia

Further, neither of your articles mention anything about the so-called easy money available to builders PRE-BOOM and which, according to you, was the ultimate cause of the housing crash.

Don't worry, I won't tax your limited comprehension skills by requesting you prove your hyperbole. Feel free to cling to your comfortable, simple misconceptions.

Thank you very much

[JoeRedskin]

Originally Posted by joethiesmanfan

Thank you very much

Oh you're very welcome. Idiocy such as yours is truly entertaining to watch. Enjoy ignorance. It suits you well.

Have a wonderfully simplistic day! Just remember, you're the only one who really knows anything!!

[joethiesmanfan]

Originally Posted by JoeRedskin

Oh you're very welcome. Idiocy such as yours is truly entertaining to watch. Enjoy ignorance. It suits you well.

Have a wonderfully simplistic day! Just remember, you're the only one who really knows anything!!

Insulting posts on message board. Truly rich.

[JoeRedskin]

Originally Posted by joethiesmanfan

Insulting posts on message board. Truly rich.

I'm terribly sorry if you found it insulting. I meant it with all kindness. Since your posts are never insulting to anyone and are always so respectful to other points of view, I did not think you would impute any insulting intent into my remark. Clearly, I erred and I apologize for your failure to comprehend my intent.

Actually, I look forward to your posts and your take on the world. Your statements and point of view are incredibly entertaining to any one who has a working knowledge of history, finance and/or current events. I am constantly amazed and incredibly amused at how deeply you hold convictions so divorced from reality. Kudos to you!!