tag:blogger.com,1999:blog-32931256.post3843448454996942864..comments2024-03-22T05:20:44.167-07:00Comments on The Disaffected Lib: Could the Tea Party Be America's Salvation?The Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-32931256.post-18816676576276132742011-07-29T17:17:24.080-07:002011-07-29T17:17:24.080-07:00..until very recently, the story's been 'h.....until very recently, the story's been 'housing prices always go up!'<br /><br />I don't know where you're getting that from. Vancouver, for example, has had a 7-8 year boom/bust real estate cycle. I know because I got a ton of work doing the bankruptcy side of the bust cycles. There were ordinary homeowners who did rather well out of buying at bust prices and then selling just before the market peaked again, renting for a year or two, and then buying again into the next bust market.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-74140529016403897762011-07-29T17:03:48.750-07:002011-07-29T17:03:48.750-07:00Maybe the train wreck that's underway in Washi...<i>Maybe the train wreck that's underway in Washington could have some remedial effect up here but I've learned not to count on that sort of thing.</i><br /><br />Haven't you heard? Things are different up here.<br /><br />The subprime mortgage crisis in the U.S. should have been a major wake up call for Real Estate in Canada. Unfortunately realtors, bankers, the CMHC and some politicians found the prospects either terribly inconvenient or even frightening. <br /><br />Canada's had 3 years to deal with the mortgage and housing markets, but until very recently, the story's been 'housing prices always go up!' and 'it could never happen here'. So no remedial effect from seeing what happened to the Americans, and Canada's housing markets are slowing down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-81701283565229886982011-07-29T14:31:42.632-07:002011-07-29T14:31:42.632-07:00Jymn, I honestly thought Bush/Cheney was enough to...Jymn, I honestly thought Bush/Cheney was enough to make Canadians grasp the mendacity of the far right but Harper, with his authoritarian, secretive, manipulative and science suppressing ways, has proved me totally wrong. Maybe the train wreck that's underway in Washington could have some remedial effect up here but I've learned not to count on that sort of thing.The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-44926453416688229252011-07-29T12:56:31.552-07:002011-07-29T12:56:31.552-07:00We're certainly finding out what a mistake it ...We're certainly finding out what a mistake it was to let the neo-cons into the tent here in Canada....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32931256.post-64285382553453560512011-07-29T11:40:55.731-07:002011-07-29T11:40:55.731-07:00Absolutely. The election of a Bachmann or a Palin ...Absolutely. The election of a Bachmann or a Palin to the presidency, while disastrous in the short term, would be all it would take to wake up Americans to the realization that braggadocio and appeals to 'patriotism' are fun for indulging but the business of governing requires those who have a grasp on reality and an adult nature. It would do wonders for Canadians, too.Jim Parretthttps://www.blogger.com/profile/15331887342292476909noreply@blogger.com