Is this good for us?

[rajsand]

Has anyone gone through these News headlines today?

http://finance.yahoo.com/tech-ticker...py,qqq,kbh,len

http://finance.yahoo.com/tech-ticker...LT,TOL,DHI,PHM

[Dhundhun]

Originally Posted by rajsand

Has anyone gone through these News headlines today?

http://finance.yahoo.com/tech-ticker...py,qqq,kbh,len

http://finance.yahoo.com/tech-ticker...LT,TOL,DHI,PHM

Interesting excerpts of 2nd URL:

"In order to prevent another disastrous wave of foreclosures and stem the decline in home prices, America should allow in more immigrants and give them incentives to buy homes, says Gary Shilling, president of A. Gary Shilling & Co."

There are several debates in IV - in terms of giving GC will help in this - what is impact on overall economy - and so on. Good that importance is realized by Journalists.

[Dhundhun]

Having said above post, please refer to the post below also.

Originally Posted by Dhundhun

A word of caution

Specially foreclosures and afterwards...
...
...MAKE SURE TO SEE THE SALES HISTORY so that you don't buy junk.

Some of the domaged houses to type 4 mentioned in above post may go down 10-20% - because of inflated pricing.

[a_tyagi26]

Look at the comments as well and you get the idea why we don't get more h1bs and green cards. People in this country have most resources in the world and they are worried about sharing resources with others. People here are really Xenophobic.

So much struggle just to be able to work and earn living. I am now contemplating if its really worth it.

[gcdreamer05]

The same article came on TV too, i remember seeing it on a week day evening show on Fox or NECN, not sure...