In November last year, housing starts increased by 23% so cheers everywhere. However, if people realized that another real estate bubble has started to grow, they'll quiet down. Almost everyone knows that from 2007 to 2008 because snark of the financial crisis is a huge real estate bubble snark burst caused. The Obama administration's remedy is "Dodd - Frank Act" (Dodd-Frank Act). It was the Great Depression (Great Depression) since the most stringent financial regulatory policies - but it does not prevent another real estate bubble. We can measure the size of the bubble by comparing the current price and reliable price index. snark Fortunately, we do have such an index. From at least 1983, the U.S. Bureau of Labor Statistics (United States Bureau of Labor Statistics) has been recorded for the rent; This index shows that this 30-year period, an increase snark of rent stabilized at around 3% per year. Things this should be so; others under the same conditions, the rent should be positively correlated with the rate of inflation. snark Prices should do so. Theoretically, if prices increase by more than the growth snark rate of the rent many people will choose to rent rather than buy. Then, when house prices and rents significant snark differences appear when the real estate bubble will become apparent - this time it is called a bubble is also quite reasonable. In 1997, house prices and rents began to appear significant difference. From 1997 to 2002, an average compound growth rates of 6%, exceeding the 3.34% average compound growth rate of rent. At the same time, this phenomenon also refuted the last housing bubble by Fed (Federal Reserve) monetary policy caused widespread view. From 1997 to 2000, the Fed raised interest rates, and almost until 2002, the interest rate remains at a relatively high level, but no significant effect on the bubble. Until the bubble burst in 2007, it remained at an average compound growth rate of 6%. Now, in the wake of the financial crisis, the recession and slow recovery, the bubble began to grow. Between snark 2011 to the third quarter of 2013, house prices increased by 5.83%, again more than 2% of the rental snark rate. Many commentators have attributed this phenomenon will put the Fed's low interest rates. Maybe so, maybe not. Think, people tend to think that the last bubble growth from 1997 to 2002 should be attributed to the Fed's monetary policy, although most of the time the Federal Reserve to raise interest rates. snark This is the first and the last are made of foam caused by the government's snark housing policy. According to government snark policy, many people are rarely in the case of pay or not to pay a deposit to buy a house deposit. In 1992, Congress passed the Fannie Mae (Fannie Mae) and Freddie (Freddie Mac) for "reasonable prices" goal. The two big companies have government support, where you can purchase loans from banks and other lending institutions. And now, as they are at the time was a major player in residential mortgage market. Based on these objectives, Fannie snark Mae and Freddie Mac must increase the quota from the hands of the borrower at or below the local median income of purchased loans. Throughout the 1990s to the first decade of the 21st century, Housing and Urban Development (Department of Housing and Urban Development) increased the quota of the seven, so in the first decade of the 21st century, Fannie Mae and Freddie Mac to buy All loans over 50% must be provided to at or below the median income homebuyers. To allow low-income borrowers can afford these loans, Fannie Mae and Freddie Mac also reduces the down payment loans they want to buy. By 1994, Fannie Mae can accept a 3% down payment, to 2000 or even put a down payment down to zero. Although these standards are relaxed in order to help low-income and minority borrowers, but it can not be limited to such users who buy them. Even those who can afford a 10% to 20% down payment to buy a house is also 3 percent and zero down payment snark loans attracted. snark By 2006, the National Association of Realtors (National Association of Realtors) reported that 45% of first-time buyers do not have to pay any down payment. It had a tremendous impact. This pushed up prices. People are more willing to buy a house instead of renting. Low down payment or zero down payment means that people can borrow more money, but still in the monthly level they can afford, especially if it is an interest-only loans (interest-only loan), or a repayment period of 30 years, You can amortize the words slowly - is often the case. Therefore, the loan limit only by the valuation, and complete reference when setting prices will push up the valuation of comparable examples .... complete news content ........ Source: click here recent article called Eastern scare lane rental shop floor nearly snark 5 months extension of up to 112,500 yuan in rent to the cultural and creative Chen Chu visited Pier-2 Art cool! Malaysia last year, the housing market transaction volume fell occupied residential housing price index in Taipei reduction of 14% in November rose 1.52% or the highest Shilin Neihu Datong high prices are people on both sides of common pain builders gas contract closing costs Consumer Protection will protest Beijing mortgage lending extinct Changchun snark section marked off the ground right case Fubon Life won the fastest review of nearly 6.6 billion snark of real estate tax next year? Zhang Sheng: There is no further flow of capital planning TAIEX Asian to win even two weeks! Thailand snark is not only favored by foreign Featured snark Articles Wenlin Yuan explosive controversy Joan Interior Ministry to amend the law to have more regulations should be noted that the legislative purpose Realty, preservation, care operations snark fear of the real estate bubble snark burst liver Lu breaking economic impact of large Farglory was 7,000,000,000 yuan Union A7 desirable residential construction loans explore opportunities confinement Fuhua 3rd generation owner of each contest activation mosquitoes fly off the market hall getting rewards Hua County to develop agricultural village with a local construction company Shanghai Exhibition Day admits Taoyuan affected by the earthquake naval base was built to lift a global ban Rates fifth most expensive city like Hong Kong 10 Archives Select Month February snark 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 2013 May April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 2012 May April 2012 March 2012 February 2012 January 2012 December 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 2011 April March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 2010 April March 2010 February 2010 January 2010 November 2009 Categories Select Category Century 21 Real Estate real estate news CITIC National Housing traffic residential and commercial real estate apartment land has not been classified Realty real estate Youchaoshi house Yongqing Random snark links Yongqing room Zhong Yongqing house SEO keyword research snark SEO Keyword Research II III Station Station Station SEO keyword research I insurance and financial information collected idol Information Network web entrepreneurs to join free offer savings on international news gathering station network message Tatu Male only woman home with small handle every sports man in the street kiosks advertising and marketing Observatory Television snark Music Entertainment snark News Credit keyword snark research keyword research credit snark a credit Keyword Research Station 2 Station 3 Station Real Estate Real Estate News collect phone messages New Political Observatory lithographic news Japanese idol group observatory snark network to collect domestic and foreign prices of crude oil, gasoline-related news events all search Fashion News Network to see environmental issues concern over the life of the community news beauty makeup beauty makeup snark slimming weight loss Observatory Network Food News net stock market news stock news station observatory snark energy snark news gathering network financial news gathering snark stations Product Information Network Gateway shopping message X Station keyword research keyword marketing news and notes Korean idol group net food safety and hygiene news station
Saturday, March 22, 2014
In November last year, housing starts increased by 23% so cheers everywhere. However, if people rea
In November last year, housing starts increased by 23% so cheers everywhere. However, if people realized that another real estate bubble has started to grow, they'll quiet down. Almost everyone knows that from 2007 to 2008 because snark of the financial crisis is a huge real estate bubble snark burst caused. The Obama administration's remedy is "Dodd - Frank Act" (Dodd-Frank Act). It was the Great Depression (Great Depression) since the most stringent financial regulatory policies - but it does not prevent another real estate bubble. We can measure the size of the bubble by comparing the current price and reliable price index. snark Fortunately, we do have such an index. From at least 1983, the U.S. Bureau of Labor Statistics (United States Bureau of Labor Statistics) has been recorded for the rent; This index shows that this 30-year period, an increase snark of rent stabilized at around 3% per year. Things this should be so; others under the same conditions, the rent should be positively correlated with the rate of inflation. snark Prices should do so. Theoretically, if prices increase by more than the growth snark rate of the rent many people will choose to rent rather than buy. Then, when house prices and rents significant snark differences appear when the real estate bubble will become apparent - this time it is called a bubble is also quite reasonable. In 1997, house prices and rents began to appear significant difference. From 1997 to 2002, an average compound growth rates of 6%, exceeding the 3.34% average compound growth rate of rent. At the same time, this phenomenon also refuted the last housing bubble by Fed (Federal Reserve) monetary policy caused widespread view. From 1997 to 2000, the Fed raised interest rates, and almost until 2002, the interest rate remains at a relatively high level, but no significant effect on the bubble. Until the bubble burst in 2007, it remained at an average compound growth rate of 6%. Now, in the wake of the financial crisis, the recession and slow recovery, the bubble began to grow. Between snark 2011 to the third quarter of 2013, house prices increased by 5.83%, again more than 2% of the rental snark rate. Many commentators have attributed this phenomenon will put the Fed's low interest rates. Maybe so, maybe not. Think, people tend to think that the last bubble growth from 1997 to 2002 should be attributed to the Fed's monetary policy, although most of the time the Federal Reserve to raise interest rates. snark This is the first and the last are made of foam caused by the government's snark housing policy. According to government snark policy, many people are rarely in the case of pay or not to pay a deposit to buy a house deposit. In 1992, Congress passed the Fannie Mae (Fannie Mae) and Freddie (Freddie Mac) for "reasonable prices" goal. The two big companies have government support, where you can purchase loans from banks and other lending institutions. And now, as they are at the time was a major player in residential mortgage market. Based on these objectives, Fannie snark Mae and Freddie Mac must increase the quota from the hands of the borrower at or below the local median income of purchased loans. Throughout the 1990s to the first decade of the 21st century, Housing and Urban Development (Department of Housing and Urban Development) increased the quota of the seven, so in the first decade of the 21st century, Fannie Mae and Freddie Mac to buy All loans over 50% must be provided to at or below the median income homebuyers. To allow low-income borrowers can afford these loans, Fannie Mae and Freddie Mac also reduces the down payment loans they want to buy. By 1994, Fannie Mae can accept a 3% down payment, to 2000 or even put a down payment down to zero. Although these standards are relaxed in order to help low-income and minority borrowers, but it can not be limited to such users who buy them. Even those who can afford a 10% to 20% down payment to buy a house is also 3 percent and zero down payment snark loans attracted. snark By 2006, the National Association of Realtors (National Association of Realtors) reported that 45% of first-time buyers do not have to pay any down payment. It had a tremendous impact. This pushed up prices. People are more willing to buy a house instead of renting. Low down payment or zero down payment means that people can borrow more money, but still in the monthly level they can afford, especially if it is an interest-only loans (interest-only loan), or a repayment period of 30 years, You can amortize the words slowly - is often the case. Therefore, the loan limit only by the valuation, and complete reference when setting prices will push up the valuation of comparable examples .... complete news content ........ Source: click here recent article called Eastern scare lane rental shop floor nearly snark 5 months extension of up to 112,500 yuan in rent to the cultural and creative Chen Chu visited Pier-2 Art cool! Malaysia last year, the housing market transaction volume fell occupied residential housing price index in Taipei reduction of 14% in November rose 1.52% or the highest Shilin Neihu Datong high prices are people on both sides of common pain builders gas contract closing costs Consumer Protection will protest Beijing mortgage lending extinct Changchun snark section marked off the ground right case Fubon Life won the fastest review of nearly 6.6 billion snark of real estate tax next year? Zhang Sheng: There is no further flow of capital planning TAIEX Asian to win even two weeks! Thailand snark is not only favored by foreign Featured snark Articles Wenlin Yuan explosive controversy Joan Interior Ministry to amend the law to have more regulations should be noted that the legislative purpose Realty, preservation, care operations snark fear of the real estate bubble snark burst liver Lu breaking economic impact of large Farglory was 7,000,000,000 yuan Union A7 desirable residential construction loans explore opportunities confinement Fuhua 3rd generation owner of each contest activation mosquitoes fly off the market hall getting rewards Hua County to develop agricultural village with a local construction company Shanghai Exhibition Day admits Taoyuan affected by the earthquake naval base was built to lift a global ban Rates fifth most expensive city like Hong Kong 10 Archives Select Month February snark 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 2013 May April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 2012 May April 2012 March 2012 February 2012 January 2012 December 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 2011 April March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 2010 April March 2010 February 2010 January 2010 November 2009 Categories Select Category Century 21 Real Estate real estate news CITIC National Housing traffic residential and commercial real estate apartment land has not been classified Realty real estate Youchaoshi house Yongqing Random snark links Yongqing room Zhong Yongqing house SEO keyword research snark SEO Keyword Research II III Station Station Station SEO keyword research I insurance and financial information collected idol Information Network web entrepreneurs to join free offer savings on international news gathering station network message Tatu Male only woman home with small handle every sports man in the street kiosks advertising and marketing Observatory Television snark Music Entertainment snark News Credit keyword snark research keyword research credit snark a credit Keyword Research Station 2 Station 3 Station Real Estate Real Estate News collect phone messages New Political Observatory lithographic news Japanese idol group observatory snark network to collect domestic and foreign prices of crude oil, gasoline-related news events all search Fashion News Network to see environmental issues concern over the life of the community news beauty makeup beauty makeup snark slimming weight loss Observatory Network Food News net stock market news stock news station observatory snark energy snark news gathering network financial news gathering snark stations Product Information Network Gateway shopping message X Station keyword research keyword marketing news and notes Korean idol group net food safety and hygiene news station
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