Comments by "worn down" (@worndown8280) on "IT'S HERE! Wall Street Getting Liquidation Discounts From New Home Builders" video.

  1. If the 1.7 trillion budget passes the Fed is going to have to get even more aggressive with its rate hikes, that means further pressure on home prices. I dont think a lot of people understand, especially the politicians the effects of their profligate spending. Way to much money out there. As far as home builders giving discounts to anyone or groups, I prefer that over bailout. If people wonder why home builders are still building, after 2007-2008 many master planned communities were half built. Many municipalities struggled with projected revenue that never existed. So this time around they wrote into the contracts with home builders, you MUST complete the build out of a development.A lot of these homes have quiet a bit of padding to drop prices. And that build you went into with just the framing. No way I would buy that. Is that up to Texas building standards? There is no strapping on anything.
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