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Old 02-18-2014, 02:15 PM
 
1,143 posts, read 870,256 times
Reputation: 720

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This is whats happens when you elect a radical socialist.


Home builder sentiment index logs sharpest drop in its history in February: NAHB
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Old 02-18-2014, 02:45 PM
 
4,130 posts, read 3,727,958 times
Reputation: 3041
Quote:
"Significant weather conditions across most of the country led to a decline in buyer traffic last month,"
"Builders also have additional concerns about meeting ongoing and future demand due to a shortage of lots and labor."
So Obama can now directly affect the weather and land with his "radical socialism?"

That's amazing!

Honestly though, I think this must be a parody. No one can be this silly.
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Old 02-18-2014, 02:49 PM
 
Location: Home, Home on the Front Range
21,067 posts, read 15,259,347 times
Reputation: 11787
What specific economic policies have caused this decline?

The article mentions the following as factors:

""Clearly, constraints on the supply chain for building materials, developed lots and skilled workers are making builders worry," said the home builder association's chief economist David Crowe. "The weather also hurt retail and auto sales and this had a contributing effect on demand for new homes.""
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Old 02-18-2014, 02:52 PM
 
Location: Barrington
41,984 posts, read 31,779,380 times
Reputation: 14096
Did you read beyond the headline?

Weather and supply chain issues, lots and labor, are the reasons being cited by this trade association.

Then there's the combo of tighter lending practices including larger down payments, prices jacked up by builders and continued lack of confidence in the housing market.

Builders were extremely confident during the housing bubble when just about anyone with a pulse could qualify for a mortgage.
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Old 02-18-2014, 03:27 PM
 
Location: CO
2,172 posts, read 1,150,398 times
Reputation: 968
Quote:
Originally Posted by gretsky99 View Post
This is whats happens when you elect a radical socialist.


Home builder sentiment index logs sharpest drop in its history in February: NAHB
Read your own link.
Repeat.
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Old 02-18-2014, 03:45 PM
 
4,130 posts, read 3,727,958 times
Reputation: 3041
Quote:
Originally Posted by middle-aged mom View Post
Did you read beyond the headline?
Not even remotely likely. Some people blame everything on the one person they hate, no matter how much influence they actually have in it. I am waiting for the thread complaining about a sock missing and how it is Obama's fault.

Quote:
Originally Posted by middle-aged mom View Post
Builders were extremely confident during the housing bubble when just about anyone with a pulse could qualify for a mortgage.
That's almost an understatement...people could have been just still warm. I knew more than one person who would at best qualify for financially incapible, and each qualified for interest only mortgages on decent sized homes. Let alone flippers that would buy, and sell homes, almost as quick as they could close.
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Old 02-18-2014, 04:08 PM
 
2,004 posts, read 1,270,768 times
Reputation: 1099
Quote:
Originally Posted by TigerLily24 View Post
What specific economic policies have caused this decline?

The article mentions the following as factors:

""Clearly, constraints on the supply chain for building materials, developed lots and skilled workers are making builders worry," said the home builder association's chief economist David Crowe. "The weather also hurt retail and auto sales and this had a contributing effect on demand for new homes.""
As a reference, anyone who refers to Obama as a "radical socialist" can be ignored.

Last edited by Hadoken; 02-18-2014 at 04:22 PM..
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Old 02-18-2014, 04:10 PM
 
Location: Florida
19,747 posts, read 8,253,400 times
Reputation: 16159
Quote:
Originally Posted by gretsky99 View Post
This is whats happens when you elect a radical socialist.


Home builder sentiment index logs sharpest drop in its history in February: NAHB
Did you read the article--where is Obama mentioned? Maybe a broader view of sources might be helpful. Most blame it on weather and prices. Doesn't this belong in the real estate forum?


http://www.nytimes.com/2006/02/28/business/28econ.html

Brutal weather takes toll on January home sales

https://www.memphisdailynews.com/new...r-temperature/
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Old 02-18-2014, 04:15 PM
 
10,021 posts, read 5,753,998 times
Reputation: 6886
You people are missing the point.

The OP is showing off her skills at 'cutting and pasting', from another website.

The little statement about Obama is simply showing that she is also developing some typing skills, rather like typing "the brown fox jumped over the lazy dog' or such. "Obama" is rather a difficult word to type, as some posters continually show.

Anyway, once the OP finds employment that pays money for cutting and pasting, she is set. Reading the actual article linked to is not, at least she hopes, a requirement.
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Old 02-18-2014, 04:20 PM
 
Location: CO
2,172 posts, read 1,150,398 times
Reputation: 968
Quote:
Originally Posted by gretsky99 View Post
This is whats happens when you elect a radical socialist.
^^^^ This is what happens when you start a worthless thread. [See above posts]
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