Go, Economy!

[burgundy]

well, a recovery in the dow does not mean a recovery in the economy at large

but the dow is going to bounce back long before the rest of the world catches up

[K3V]

LOL@Headlines.

Click for full size

[haohmaru]

I wish it were funny.

[kingoffighters]

I thought the demand for beer is inelastic?

[haohmaru]

I'll bet the house I bought 6 months ago for $400,000.00 isn't worth $300,000.00 today. That's depressing.

[Dyne]

All that matters is what it's worth........to YOU.

[haohmaru]

All that matters is what it's worth when I can finally get out (sell house) of this god-forsaken area.

[kingoffighters]

All that matters is what it's worth when I can finally get out (sell house) of this god-forsaken area.

Why did you buy a house in that god-forsaken area to begin with? Sounds like you have a you problem.

[burgundy]

I'll bet the house I bought 6 months ago for $400,000.00 isn't worth $300,000.00 today. That's depressing.

it's still only a paper loss if you can pay your mortgage

it sucks, but just think of it as a buy-and-hold investment

[Gooch]

Not just a paper loss, his LTV has now increased and HELOC potential has decreased.