U.S. New Home Sales Drop 33% in May

Cowboy Brian

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the collapse of the market was caused by us not respecting the economy. South park said so.
 

TwoCentPlain

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And the market is only going to get worse.

Housing prices are too freaking high and need to come down, way down.

Realtor commission and closing costs need to come down. They are ripoffs.

The gov't needs to lower property taxes. Thank the idiot politicians and the overpaid, underworked teachers who treat property taxes as their cash cow.

Another shoe is going to drop in 2011 or 2012. Defense spending will get cut with the two wars coming to a close. Many contractors will get cut.
 

SaltwaterServr

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ninja;3443254 said:
overpaid, underworked teachers who treat property taxes as their cash cow.

:stupid:

I know everybody is entitled to their opinion and all, but....
 

AbeBeta

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SaltwaterServr;3443160 said:
Alright. Realtors deal with the stress and economics of house sales everyday. The emotional aspect of that is lessened for us. Polls consistently show that people put buying/selling a house up there with death in the family and divorce. They'll do stupid things like settle on a deal rather than pursue the best possible price for a property. A car salesman won't sell his car for less than what it's worth, but any idiot will. Same with Realtors. We know the market. We know what the market will bear. We'll wait. Sucks for the idiot that gets impatient.

Yeah, opinion polls trump research by well regarded economics faculty at the best universities in the nation.

Fact is that realtors don't give a crap if someone sells for undervalue because the marginal difference between a good sale and a lame one is marginal. You know damn well that someone selling for 10k under what they could get doesn't hurt your commission much at all. That's why you stay on the market longer compared to sellers. Do you honestly believe that you are telling people with a decent offer to hold out for a month b/c they could get 15k more if they waited. No freaking way. You take a clean offer and run. You even tell the seller to go with it. But it is nice that you have some self-helpy explanation there. Fact is you REPRESENT the seller. You have an incredible amount of influence and really choose not to exert it in any way that does good for the seller.
 

ethiostar

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ninja;3443254 said:
And the market is only going to get worse.

Housing prices are too freaking high and need to come down, way down.

Realtor commission and closing costs need to come down. They are ripoffs.

The gov't needs to lower property taxes. Thank the idiot politicians and the overpaid, underworked teachers who treat property taxes as their cash cow.

Another shoe is going to drop in 2011 or 2012. Defense spending will get cut with the two wars coming to a close. Many contractors will get cut.

:confused:
 

YosemiteSam

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ninja;3443254 said:
The gov't needs to lower property taxes. Thank the idiot politicians and the overpaid, underworked teachers who treat property taxes as their cash cow.
I'm confused. When did teachers become highly paid and underworked? All the teachers I know aren't highly paid and work their *** off. Especially as the school year is ending.
 

joseephuss

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nyc;3443456 said:
I'm confused. When did teachers become highly paid and underworked? All the teachers I know aren't highly paid and work their *** off. Especially as the school year is ending.

It is the school administrators who are overpaid.
 

YosemiteSam

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joseephuss;3443460 said:
It is the school administrators who are overpaid.
Now that; I'm aware of, but to lump teachers into that list is a bunch of crap.
 

Yeagermeister

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joseephuss;3443460 said:
It is the school administrators who are overpaid.

My step mother is/was a teacher for 40 yrs and I know for a fact she was not overpaid and was definitely overworked.
 

WoodysGirl

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Yeagermeister;3443464 said:
My step mother is/was a teacher for 40 yrs and I know for a fact she was not overpaid and was definitely overworked.
I've got a friend and cousin who both teach and they're both overworked, underpaid, and one was even "laid off" recently due to budget cuts.

She basically had to go into another specialty in order to get a teaching contract for next year.

School Admins might be a different story, but realistically, people pay for the expertise that these admins are suppose to have. That comes with a price.
 

YosemiteSam

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WoodysGirl;3443475 said:
School Admins might be a different story, but realistically, people pay for the expertise that these admins are suppose to have. That comes with a price.
The schools superintendent for the town I live in makes $247,360 a year. That comes right off my town's budget report.
 

WoodysGirl

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nyc;3443481 said:
The schools superintendent for the town I live in makes $247,360 a year. That comes right off my town's budget report.
That doesn't sound like an unreasonable amount to me.

HISD salary for their superintendent is around $327K plus bonuses. I think if you're goal requires the management for one of the larger school districts in the country, then what's the issue.
 

YosemiteSam

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WoodysGirl;3443487 said:
That doesn't sound like an unreasonable amount to me.

HISD salary for their superintendent is around $327K plus bonuses. I think if you're goal requires the management for one of the larger school districts in the country, then what's the issue.

My town has a total population of 16k. Thats $15 from each resident in the city per year.
 

big dog cowboy

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nyc;3443481 said:
The schools superintendent for the town I live in makes $247,360 a year.
nyc;3443489 said:
My town has a total population of 16k. Thats $15 from each resident in the city per year.
I'm in the wrong line of work.
 

ethiostar

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I just did a quick search on the average salary of school superintendents. There is a great variation within the category depending on geography, size of student population, employee credentials and amount of bonuses. But the average puts the salary for superintendents at about $90,000-$150,000 which includes bonuses. On the other hand, the average salary for a K-12 teacher is somewhere between $45,000-$50,000.
 
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