The 10 Most Dollar-Discounted Housing Markets

Taxation is slavery

1. Add up all your income 2. Add up all the taxes you pay. 3. Divide your total taxes by total income to get a ratio. 4. Multiply the ratio from step 3 to see how many months per year you are a government slave. For example: 1. Income 10,000. Taxes: 2. 5,000. 3. Ratio 0.50. Slave: 6 months per year.

Honest Abe Lincoln said that a house divided cannot stand and that a nation half-slave and half-free cannot long endure. It was not the free market that created slavery, but the failure of government to secure the rights of the slaves to be free. Lincoln corrected that failure (in terms of American-American slavery) but could not foresee a day when the government itself would become the slave-master through oppressive tax and regulatory regimes.

Now you would want the government to dictate who can and cannot receive care?

No!

Paul of NJ @ Aug 04, 2009 11:01:32 AM

free market

Honest Abe Lincoln foutght a blooming war against free market to get slaves off the block. And now free market private insurance puts sick on the block! They say have health system like Switzerland with only 14 million people. We have several populations this size uninsured or underinsured and overpriced others for what we have! But, they are ignorant in giving their allegiance to insurancism which is not sought by other countries and which is parasitic on our balance of trade, a drag on our economy and predator in cherry picking young and healthy and lemon dropping old or sick. And this fact is ignored. Switzerland is a solid nuetral country. We are the total opposite of nuetrality!!! The war clause exclusion of private insurances will ruin America one day! Perfectly legal to e-transfer the 80% collected to cover expenses and claims and the other 20% to reward bonuses and dividends and skip!

Dr. Gary W. Hartman of VA @ Aug 04, 2009 10:15:44 AM

How Low Will Prices Go?

I don't think this author intended to tell us, how high or low our property value is now, or is going to be. It seemed the generalized pecentages were a credible figure, and nothing more. If anyone knew where we were headed, they would be a wealthy, Kreskin the mind reader! ANY piece of property is worth exactly, what someone is willing to pay for it. The numbers given in this article do tell us, at least one good thing. The low prices will flush out some investors, with good credit, to be able to buy positive cash flow properties. I haven't seen that for a long time.

Thank You!

TM of WA @ Jul 31, 2009 23:50:54 PM

The capitalist system.

To paraphrase a wise observer, capitalism is the worst system, except for all the others. What writer ignores is the remarkable successes of the capitalistic system over the long term. It is a risk-reward environment. When the reward is out of proportion with the risk smart people don't take the bait. Greedy people, smart or otherwise, do and that brings us to today.

I'm thinking a few effective boundaries to keep the greedy in check will help confine the damage of bad decisions to the greedy themselves.

D J Koch of OR @ Jun 30, 2009 18:10:45 PM

This Depression Proves Capitalism is Worst System

Booms and Busts are built into capitalism. It began in the Old World when landowners, including churches, owned "private property" in the form of bodies of serfs and slaves. In the New World, Congress stupidly sold public property so it became private property. They sold to buyers of natural resources--petroleum, forests, natural gas, water, railroad and highway routes--everything we pay too much for, because they're daily needs and we pay profits. Some members of l700;s and 1800's Congress invested in those companies as many public officials do today. They're not about to switch to public ownership.

auradawnveirs of CA @ Jun 29, 2009 19:16:14 PM

RE - Total $ is a Stupid Metric

Thanks for verifying my puzzlement at these totals. They don't give you any idea how much decrease you would expect on any individual property anywhere. They don't even offer any comparison between cities since you have no idea how many properties were included in the totals. It could be 5 million to 5 hundred or who knows. This is really a bad article.

JT of CA @ Jun 29, 2009 17:11:24 PM

Buying a Piece of Real Estate

The process of buying real estate in May has become tougher due to the speculation in the market place. The devalueing of the dollar has many concerned that property prices are not keeping up with inflationary spending in the GDP of United States. If this thought continues to dominate, then speculation will rise and eventually drag prices down, which will then in turn cause greater delay to onward buying and selling of goods in the overall marketplace. Stimulus spending must work within private and public sectors for combination of effective tangible success in 2009. THank You.

RM of ID @ Jun 26, 2009 22:41:46 PM