@Will Ksander as just a brief reply it has to
do with housing prices versus rent prices.
Well, it may also have a lot to
do with housing prices.
Not exact matches
«Given that the decline in home
prices had so much to
do with the de-leveraging that was taking place on the consumer side,» a recent 10 % rise in the
housing market «is a key reason for optimism about growth improving,» Marple said.
Another problem
with claiming the CMHC's $ 600 - billion cap sounds the death knell is that no political party in Canada wants to see
house prices plummet like they
did in the U.S.. By reigning in the CMHC, the Conservatives are attempting to moderate the boom, not tip into it into a meltdown.
In April, the Canada Mortgage and
Housing Corp. said
prices in several cities didn't match
with their economic fundamentals.
It no doubt has much to
do with Vancouver detached -
house prices surging by 37 % in the year to this May, and Toronto's soaring by a still ear - popping 15 per cent.
Over the last 20 years, in spite of the
housing crash, you would have
done better
with real estate if you bought in one of the 20 U.S. cities where
prices have risen the most.
But the real story has little to
do with declines in
housing prices or consumer debt loads.
With the Fed poised to raise interest rates any day now, and knowing that
housing prices typically drop when the interest rates rise, I didn't want to get stuck in a negative equity situation again.
The Federal Reserve is targeting stock
prices with it's monetary policy because, if it
did not, the financial system would collapse led by collapsing pension funds and the
housing market.
If spring ends up
with too many investors chasing too few
houses, we could end up seeing increasingly rising
prices that don't reflect much underlying strength.
They were carried over from 2015
with no changes, because the Department of
Housing and Urban Development (HUD) felt that home
prices in these counties
did not rise enough from year to year to warrant higher loan limits.
It's true that the latest
housing boom started
with QE, but it's absolutely false to say that the current administration's policies have nothing to
do with rising asset
prices across all asset classes to include
housing since the election of the 45th president.
And to date, little about the past few years of hyper - appreciation in real estate
prices — greater than that of Bubble 1.0 — has little to
do with fundamental, end - user, shelter - buyer demand for
houses «in which to live».
While no one can predict what the
housing market will
do with complete accuracy, the general consensus appears to be that Chicago metro - area home
prices will continue to rise in 2017, but a modest pace.
Don't compound them
with bailout for mortgage «victims» The
housing bubble that was fueled by multidecade low interest rates
priced many people out of their dream homes.
I can't imagine how anyone who can
do arithmetic would consider buying a 600K to 700K
house with less than 10 % down or make improvements that were more than 15 % of purchase
price within 2 years of the purchase.
That this
House: (1) notes
with concern the impact on the Dairy Industry of the Coles milk
pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods,
price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk
prices will, over time, compel processors to renegotiate contracts
with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent
price cuts to ensure they
do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk
price war between the country's major supermarket chains».
The
price doesn't just include the play yard, it also comes
with activity board, picture
house, spinning balls and play phone.
Washington (CNN)- The number two
House Democrat broke Monday
with some of his fellow Democratic colleagues, and said he
does not believe releasing oil from the Strategic Petroleum Reserve (SPR) is appropriate now and it wouldn't help lower gas
prices.
«There is a problem
with housing in the City, and it's very difficult, especially for new comers in the city who don't have huge incomes to find reasonably
priced housing.
Common sense would have suggested that the huge
housing bubble would lead to disaster: so why
did some financial institutions assess risks
with models that ignored the possibility that
prices might fall?
We
do not have any
house brand products, no pushy sales staff, and most importantly we
price our products
with our online competitors.
Why spend a packet on eLearning content development in -
house when you can get it
done in lesser time and
with the desired quality for a much lesser
price?
That theme, expressed in school visits, teacher workshops, and open
houses with parentsand families, is that anyone can
do this.Little Shop isn't just intellectually accessible; it «salso hands - on science at public school
prices.
While for some time now we have known from similar research studies, conducted throughout the pre-VAM era, that students» test scores are correlated
with (or cause) rises in
housing prices, these researchers evidenced that, thus far, the same
does not (yet) seem to be true in the case of VAMs.
In areas where
housing prices have long been high, that has a lot to
do with the fact that schools enroll affluent kids, who tend to score better than low - income kids on standardized tests.
For their part, Random
House explained that the
pricing of the ebook now reflects the
price of the audiobook edition of the same title; however, there was no justification for that
pricing model, since ebooks don't require the costs associated
with utilizing a recording crew and voice talent.
Expect the major publishing
houses to be small companies
with big holdings in a few years... the big boys will be
doing bigger, better, and bolder things as we all embrace cheaper
prices.
If publishers raise their
prices like Random
House has
done and people can not borrow ebooks from the library or buy them for a reasonably low
price, they will
do as they
did for music — download the book illegally for free and share them
with all their friends.
Two years ago, when the major publishing
houses got together
with Apple and conspired to fix e-book
prices, they
did so not because Apple was sexy and Steve Jobs was a benevolent god and the iPad was about to launch, but because Amazon was the devil.
Traditional
houses have combat this by raising
prices even though their own sales have dwindled in most cases, which is the same solution movie
houses have
done with with their lowering sales.
-LSB-...] years ago, when the major publishing
houses got together
with Apple and conspired to fix e-book
prices, they
did so not because Apple was sexy and Steve Jobs was a benevolent god and the iPad was just -LSB-...]
Writes Adam Rowe of Forbes, this may (MAY) have something to
do with that nifty little move publishers made back in 2015 to raise ebook
prices: «In 2015, the Big Five publishing
houses raised ebook
prices to around $ 8 a book, far higher than the $ 3 - a-book
price point independent publishers settled on,» writes Rowe.
The Agency Model, if you've come a little late to this party, is a baldly anti-consumer
price - fixing conspiracy (I wish I didn't have to use that word, but sometimes a conspiracy is just that, a conspiracy) that was hatched at the beginning of 2010 by some combination of Steve Jobs and executives of five of the Big Six publishers,
with Random
House abstaining.
If we're not
with a publishing
house and aren't distributed by anyone (or just through the Createspace options),
do we have much of a chance getting into bookstores other than local shops like Half
Price Books and Book People?
Interestingly, Random
House's main competitors don't seem to have had much of a problem
with Apple's business model, which turns traditional publishing distribution on its head by allowing publishers to set
prices for their books,
with Apple keeping 30 percent of sales as a commission.
They will be willing to buy a home
with a huge loan and even if
housing prices decline, they probably won't sell and rent immediately and will
do their best to meet the mortgage payments.
But can you
do both at the same time
with today's lofty
housing prices?
The practical answer has little to
do with mortgage rates or
housing prices and everything to
do with with where you see yourself in five to 10 years.
Over the long - term,
housing prices could rise again, but if they don't then you could be stuck
with an asset that hasn't changed in value or depreciated over time.
Sadly, they come off as a bunch of hacks who don't understand that their models relied on a highly liquid economy,
with rising
housing prices.
And I have a
price range for
house - hunting purposes, because I've
done some trial and error
with a mortgage calculator.
Then Laura can focus on her own future: retirement at age 60 and choices of what to
do with her present home — keeping it, renting out space she no longer uses, or downsizing to a townhouse
with a
price tag about half that of her present $ 1,050,000
house.
Price urges caution, though: You should fully understand the initial, annual, and total rates associated
with your mortgage product and its time frame, as well as a worst - case scenario of how high your payment could go if you don't sell the
house as planned.
We're not
done with the fall in residential
housing prices yet, and the difficulties at FHA are just another demonstration of that.
Team CF Top Tip (
with a hat tip to one of our readers), if you have been living in the same
house for a few years,
doing a new
price evaluation may help you lower your interest costs / monthly payment as, due to the
price increase the newly calculated mortgage ratio may drop you into a lower interest rate class.
But don't forget that
with a discounted ARM, your low initial payment will probably not remain low for long, and that any savings during the discounted period may be made up during the life of the mortgage or be included in the
price of the
house.
Combined
with a minimum 5 % down - payment, and it doesn't take much of a move downward in
house prices at all for that person to find themselves in negative equity (or effective negative equity, where their equity is not enough to allow them to sell the
house and cover closing costs without finding additional funds).
Soon the
price action, or at some point the
price action takes over and you want to buy three
houses and five
houses and you want to buy
with nothing down and you want to agree to payments that you can't make and all of that sort of thing because it doesn't make any difference, it's going to be worth more next year.