Thursday, April 30, 2009

PHOENIX: HOUSES FOR SALE HALF OFF!!

HOUSES NEED TO FALL UNTIL THE AVERAGE FAST FOOD WORKER CAN AFFORD ONE...

HIGH WAGES ARE A THING OF THE PAST IN AMERICA...

ESPECIALLY WITH THE AUTO COMPANIES LINING UP FOR BANKRUPTCY...

THE TYPICAL HOUSE NEEDS TO SELL AT A PRICE THAT THE TYPICAL $15 PER HOUR "NEW AMERICAN WORKER" CAN AFFORD THEM...

I'D SAY THAT THE AVERAGE HOUSE IN THE US SHOULD SELL FOR ABOUT $135,000 OR LESS...!

AND THAT IS A LONG LONG WAY TO FALL...

WITH SAY 1 1/2 WORKERS PER HOUSEHOLD...@ $15 PER HOUR...

OR $45,000 PER YEAR IN GROSS INCOME... X3 = $135,000

NET NET...HOUSES AROUND $100,000 SHOULD BE THE NORM...