World Economic Forum Ends With Stark Warning Over Global Economy - Business Insider

World Economic Forum Ends With Stark Warning Over Global Economy - Business Insider

The financial crisis is not over folks. The jobs situation is bad. The housing price situation is bad, with houses seriously overpriced. Cash from bankster investors, hedge funds and the like are driving housing comps up. 3 percent down makes for a bigger house payment for the rest. Sometimes it is better than renting but even then, it is not a store of value if you have to sell your house later on and the price declines.

Beware of the 30 year mortgage and the housing market unless you are certain about your income and don't need your house as a store of value!! 

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