[City] Unemployment returns to recession level

More anti-Obama propaganda.

It's BULLISH, more unemployed means more folks will save on sbux money, lunch money, MTA fare, happy hour money so they can save up to buy that $1M+ studio! It's all BULLISH ...

btw, in case some of you don't GET it .... this is "sarcasm"

sarcasm, or "sarcasm"?

hb is correct. there's sarcasm, and then there's "sarcasm"

but no irony.

sarcasm .. not "sarcasm" ... shheeshush ... tough crowd.

the grass root being poor is the necessary element for the 1% being rich, that's how capitalism works, and that's why manhattan RE price continues to make all-time high

Economy's awful , few jobs being created , storefronts empty everywhere .... uggghhhhhhhh

Concerned, are you seasoning your personality so you can soon become like str33teasier, or are you senile, reflected by your several short useless posts on numerous threads?

buy now or be priced out forever

LOL @ somewhereelse!

Buy now and catch that falling knife.

There hasn't been a better time to buy then now.

Interest rates are at an all-time low.

with all the outsourcing, H1B, J/L visa, employment will be getting worse and worse, but RE bubble will continue. Mark my word

Should we mark your word before or after we do a search on what the word "caonima" means?

Caonima says "the grass root being poor is the necessary element for the 1% being rich, that's how capitalism works, and that's why manhattan RE price continues to make all-time high"

That brings to mind Winston Churchill's well know quote: “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries."

It a good time to buy because interest rates are at an all time low?

Interest rates have been going down for 5 years. When did it become a good time to buy?
According to the Fed interest rates will rain low for the foreseeable future. So will it be a good time to buy in the foreseeable future? Or now?

Remain

If interest rates go up, will it be more or less affordable to buy?
If its less affordable to buy, will prices go up or down?

>If interest rates go up, will it be more or less affordable to buy?

What was the reason for the increase in rates? Are there other changes to the economy at the same time as the increase in rates?

Why did interest rates go up in the early 80s?

Ironically low interest rates are killing Wall Street There's no profit in securities lending, and with interest rates at zero many loans can't get done. Furthermore Wall Street can't deduct fees from the interest they do pay.
Right now there's just no business model. Higher rates might just save
Wall Street.

Do if rates stay low, then prices will continue to go down?

So

@Brooks
Rates went up when Volcker raised rates to combat inflation. And if rates stay low, prices should stay where they are (all else equal)... but other factors could continue to make them go lower (loss of confidence, loss of jobs, etc.)

Confidence is good? Employment is getting better?

Didn't it say unemployment is returning to recession levels?

Sprint

Jog

six-seven--i have missed the bull train fueled by your very nice call on sprint--and your call was all foresight. purely my fault, you gave plenty of notice.

please provide your next call, with similar notice.

thank you in advance.

No ability to come up with ideas on your own?

How unlike bottoms to fawningly slurp all over "six-seven." S was a good call though.

dual trolls

Go back to the name Wbuttocks. Your exwife won't find you here.