Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (227351)	11/4/2009 11:05:52 AM
From: Selectric II	Read Replies (3) \| Respond to of 306849

So, as if health care insurance weren't enough, now they want to provide disability insurance, too? What happens if the employer fails to ask somebody to stay home, then co-workers at the business get sick? Could all the sick employees sue the employer for negligence, including pain and suffering? Also, there would never be a problem of burger flippers calling in sick after a late night out, knowing they'd get a paid holiday, would there? <g> Considering all the idiots that get elected to Congress, we'd be much better off just paying them a salary to stay home.

To: Les H who wrote (227351)	11/4/2009 11:12:52 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

How come Australias economy is getting more normal...? Humm. Australian third-quarter home prices surge to record marketwatch.com Australian third-quarter home prices surge to record HONG KONG (MarketWatch) -- Defying the global real-estate shakeout, Australian house prices surged to a record in the third quarter, lifted by a strong economy and rising demand from a fast-growing population. A gauge of prices in the eight regional capitals rose 6.2% in the third quarter from a year earlier, and 4.2% above the previous quarter, the Statistic Bureau said Monday. The rise takes the index 2.6% above its previous peak, recorded in the first quarter of 2008. The weighted-average index of home prices stood a record 134.4 at the end of the third quarter. Analysts had expected a 4.3% rise in September from a year earlier, and a 2.75% on-quarter rise, according to reports. The housing data lifted the odds the Reserve Bank will lift interest rates by a quarter-point to 3.5% when it convenes its November meeting Tuesday. Among the eight cities tracked in index, Darwin led the way in terms of on-year gains, rising 12.3%, followed by Melbourne with an 8.4% rise, and Canberra at 7.8%. Home prices in Sydney were up 5.9% on year. The Australian government has cited a shortage of available homes among reasons for the rapid price gains. Also commonly cited among economists are population gains as the nation's resilient economy, which avoided the recession triggered by the global economic maelstrom, attracts a steady flow of immigrants looking for jobs. Migration swelled Australia's population by 439,000 in the 12 months to March, the strongest pace on record, according a Dow Jones Newswires report, which cited research by ANZ Bank. The Australian government forecast last month that its population will grow 60% by 2050, rising from around 22 million currently to more than 35 million.

To: Les H who wrote (227351)	11/4/2009 11:59:45 AM
From: Les H	Read Replies (1) \| Respond to of 306849

Cash for Keys Despite federal loan modification programs to help struggling homeowners, many lenders are refusing to play ball and are proceeding with foreclosures. But some of those same lenders are quietly paying people to move out and find another place to live. It's known as "Cash For Keys" and banks don't talk about it publicly but, in some cases, you can get thousands of dollars to help relocate. Lenders are offering the cash instead of paying to evict people, and they hope the cash will cause angry homeowners to leave quietly instead of intentionally damaging the homes they leave behind. komonews.com