 Economy, rant |
 Mar 15, 2005 - 7:42 AM
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Enthusiast  Joined Aug 16, '03 From Bay area Currently Offline Reputation: 0 (0%)  |
I was reading an artical in USATODAY. It talked about taxes increasing and house prices increase.
http://www.usatoday.com/news/nation/2005-0...es-inside_x.htm anywho, like wow.. what the hell is going on? when is this real estate price hike going to go back down? Anyone have a econ degree and explain some of this? 
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Mar 15, 2005 - 10:10 AM
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Enthusiast Joined Mar 6, '05 From Stamford/Hartford CT Currently Offline Reputation: 0 (0%) |
Supply and Demand, if people are willing to pay it, it will keep going up!
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Mar 16, 2005 - 5:20 PM
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 Enthusiast Joined May 17, '03 From Florence, KY Currently Offline Reputation: 0 (0%) |
QUOTE(asg14 @ Mar 15, 2005 - 8:10 AM) Supply and Demand, if people are willing to pay it, it will keep going up! [right][snapback]257527[/snapback][/right] Nope, more complicated than that. The government is spending WAY too much money, which leads to inflation, which leads to higher prices to compensate. That's why the price of everything is going up! Even places with low demand. Inflation is an indirect tax, because you will have to pay more for products because of government spending. Until Georgie Boy can control his spending, the prices will continue to go up. That's why a rich kid shouldn't be president, they don't know how to manage money. |
Posts in this topic
Hanyo Economy Mar 15, 2005 - 7:42 AM
jgreening QUOTE(asg14 @ Mar 15, 2005 - 10:10 AM)Supply ... Mar 15, 2005 - 10:14 AM
asg14 QUOTE(jgreening @ Mar 15, 2005 - 10:14 AM)QUO... Mar 15, 2005 - 2:18 PM Cody Solution: don't live on the East or West coast... Mar 15, 2005 - 2:27 PM saleeka ehh, housing costs here in the twin cities has dou... Mar 15, 2005 - 3:24 PM DamDirtyApes the taxes in the us is low compared with alot of c... Mar 15, 2005 - 9:03 PM Cody That's because in other countries...like Switz... Mar 16, 2005 - 12:36 AM Digndoug QUOTE(BlackSTX @ Mar 16, 2005 - 5:20 PM)QUOTE... Mar 16, 2005 - 5:35 PM ghostdog actually the library cost almost 170 million. but ... Mar 16, 2005 - 7:40 PM Digndoug QUOTE(gh0st_d0g @ Mar 16, 2005 - 7:40 PM)actu... Mar 16, 2005 - 8:47 PM ghostdog yeah I hear you. things will be screwed up for a l... Mar 16, 2005 - 9:01 PM Digndoug QUOTE(gh0st_d0g @ Mar 16, 2005 - 9:01 PM)yeah... Mar 16, 2005 - 9:17 PM brianforster clinton had the budget balanced because he TAXED U... Mar 16, 2005 - 10:02 PM saleeka this is true- but look at how much more we are f**... Mar 16, 2005 - 10:25 PM |
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