raesfool 02:59:50 PM Dec 28 2007

The builders should be made to produce a list of the building meterial and there cost.
And the cost of Labor to put it together.
Then we would see how inflated the cost of Housing is.
raesfool.

ddtjst 02:56:21 PM Dec 28 2007

The rich, greedy, selfish, power hungry United States Government now has us (the middle class) headed for doom which exactly what THE GREAT Ronald Reagan wanted. He didn't start the doom but he is the actor that took it to the next step. He basically got rid of unions which he was actually a huge part of to get rich and he turned this country into Recession by allowing US companies to run over it's employees and go to foreign countries to manufacture our goods at less than slave wages and then bring them back here and sell them for more than US employees could produce them.
In the state of Florida one company controls everything - housing, manufacturing, the governor, the congress, the judges, the banking, yes everything- and that company is THE ST. JOE COMPANY. The state of Florida and the United States Government are pittiful liars. And if we do not stop this GREED, we will be just like or even worse than POVERTY. Wake up People, stand up fpr UNIONS and demand that our Governmen

mindyfoos 02:49:18 PM Dec 28 2007

these "key rates" don't seem to be affecting mortgage interest - it's just lowering the interest i get on my money mkt account.

chucpw 02:24:08 PM Dec 28 2007

THE CHINEESE ARE BUYING THEM NOW,SO OUR WORRIES ARE OVER

chucpw 02:23:11 PM Dec 28 2007

IT HAD TO FINALLY COME TO AN END,ILLEGALS DON'T BUY $200,000 DOLLAR HOMES UNLESS THEY CAN PUT 40 FAMILIES IN THEM

Kleestard 01:50:57 PM Dec 28 2007

Let's find a way to make Ethanol out of unsold McMansions!

dreaminuintolife 01:29:20 PM Dec 28 2007

GOOD!! I am sick of having to look at the vinyl sided Mcmansions being built on good farmland!!!

dtwoleftfeet 01:29:10 PM Dec 28 2007

The housing boom was based on inflated prices. The prices are coming down to a more 'normal' valuation. Realtors encouraged buyers to inflate their incomes when applying for mortgages. Those are the mortgages that are going bad. After all mr. stupi buyer......'house prices always go up...you can alwayts sell at a profit if you cant afford the monthly payment" Ho-ho-ho-ho-ho Somebody just shot Santa Claus

tnash26170 01:29:00 PM Dec 28 2007

Despite the administration and GOP statements to the contrary, the economy has done well the last several years BECAUSE the interest rates were lowered to record low levels. Tax breaks were needed when the economy was at the bottom, but they are not what has driven the market for the last six years. It was low interest and easy credit. The housing market went up because of this. The economy benefitted because of the taking of home equity loans. It is sad that our economy is dependent on these home equity loans to survive.

rcadam1947 01:03:43 PM Dec 28 2007

DON'T BUY NEW