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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ Sep 9

    Homes are more expensive and harder to get. A decade after the financial crisis, many Americans are locked out of home ownership.https://on.wsj.com/2CCFOAG 

    2:00 PM - 9 Sep 2018
    • 60 Retweets
    • 86 Likes
    • ♥سـ,ـيـ,ـۅۅۅفـ,ـيـ,ـ ♥سـ,ـيـ,ـۅۅۅفـ,ـيـ,ـ♥ Nished Gautam Sam Bradley Randy A Ragon 💕Reba's 🌎💕 Joe Rowe Dennis Amandla Donald King Rafael Simpson
    16 replies 60 retweets 86 likes
      1. Peter J. Dawson‏ @PeterDawsonUSA Sep 9
        Replying to @WSJ

        Political movement to increase home ownership casued the financial crisis which changed America forever

        0 replies 0 retweets 2 likes
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      1. Christine BN‏ @Christi58bn Sep 9
        Replying to @WSJ

        It is also causing the rent rates to reach an all time high!

        0 replies 0 retweets 1 like
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      1. Naveed Khan‏ @naveed_a_khan19 Sep 9
        Replying to @WSJ

        Owning a home and living in it and paying 3-4 time the price (mortgage, taxes) and repair. It is a bad investment. If you can buy a home with Cash that is a good Investment, other than that it is bad investment.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. chirper62‏ @chirper62 Sep 9
        Replying to @WSJ

        You have to earn it!!! Have skin in the game! Duh!!!

        1 reply 0 retweets 0 likes
      3. Hammer_Ent  🇬🇧‏ @Hammer_Ent Sep 10
        Replying to @chirper62 @WSJ

        One can work their entire life and still be unable to afford a house. One can conversely be born into a rich family, and be entitled to multiple houses as soon as they are born.

        1 reply 0 retweets 0 likes
      4. chirper62‏ @chirper62 Sep 10
        Replying to @Hammer_Ent @WSJ

        My friends who kept focused and did well in school have done a lot better than most of us. Some make it up with total hustle and commitment. Others whine 🙄

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. Ken Smith  🌇 🏡 🏢‏ @KGSProperties Sep 9
        Replying to @WSJ

        Does anybody think that with population rising exponentially and land acreage staying constant that prices are gonna come down??

        0 replies 0 retweets 0 likes
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      1. Fez.‏ @fez_n_m Sep 9
        Replying to @WSJ

        It’s not just homes are expensive but everything is expensive from college loans, to a half decent car to rent itself and groceries. The funny thing is that I have a good job that pays really well, but it will be many years before I feel even remotely confident to buy a house

        0 replies 0 retweets 0 likes
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      1. Seth James DeMoor‏ @SethJamesDeMoor Sep 9
        Replying to @WSJ

        Fascinating. Grateful for a home 🏠 #realestate #Denver #Colorado

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Francis David Durand‏ @FrancisDDurand Sep 9
        Replying to @WSJ

        Obama obviously didn’t help. Thank goodness for Trump.

        1 reply 0 retweets 0 likes
      3. Fez.‏ @fez_n_m Sep 9
        Replying to @FrancisDDurand @WSJ

        Lol What magic is Trump doing that is helping improve home ownership

        1 reply 0 retweets 0 likes
      4. Francis David Durand‏ @FrancisDDurand Sep 9
        Replying to @fez_n_m @WSJ

        Lower taxes, less regulation.

        1 reply 0 retweets 0 likes
      5. Fez.‏ @fez_n_m Sep 9
        Replying to @FrancisDDurand @WSJ

        Less regulation has made homes more expensive because banks can give out more loans As for taxes, the max tax deduction of $10K has taken away all benefits and in few years when temporary tax cut go away, the average individual is gonna end up paying more

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. Andrew Brasky‏ @AndrewBrasky Sep 9
        Replying to @WSJ

        Good.

        0 replies 0 retweets 0 likes
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      1. Breezy Snell Jr‏ @TayNorberg Sep 9
        Replying to @WSJ

        But Millennials

        0 replies 0 retweets 0 likes
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      1. Mark‏ @woods5055 Sep 9
        Replying to @WSJ

        that's cos you keep building beside the power lines

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. kevin shaughnessy‏ @kshaugh61 Sep 9
        Replying to @WSJ

        It brought sanity and discipline

        1 reply 0 retweets 0 likes
      3. Hammer_Ent  🇬🇧‏ @Hammer_Ent Sep 10
        Replying to @kshaugh61 @WSJ

        The financial crisis was caused by anything but sanity and discipline. It was caused by fraud, greed and stupidity.

        1 reply 0 retweets 0 likes
      4. kevin shaughnessy‏ @kshaugh61 Sep 10
        Replying to @Hammer_Ent @WSJ

        agreed ...it has brought more sanity and discipline

        1 reply 0 retweets 0 likes
      5. Hammer_Ent  🇬🇧‏ @Hammer_Ent Sep 10
        Replying to @kshaugh61 @WSJ

        I would disagree, when banks are still selling Collateralized Debt Obligations, albeit under a different name. A new crisis is coming.

        1 reply 0 retweets 0 likes
      6. kevin shaughnessy‏ @kshaugh61 Sep 10
        Replying to @Hammer_Ent @WSJ

        comments were directed at the housing market.....

        1 reply 0 retweets 0 likes
      7. Hammer_Ent  🇬🇧‏ @Hammer_Ent Sep 10
        Replying to @kshaugh61 @WSJ

        That's what I was talking about. Banks are still selling CDOs, and that was one of the main factors that contributed to the '08 crisis.

        1 reply 0 retweets 0 likes
      8. kevin shaughnessy‏ @kshaugh61 Sep 10
        Replying to @Hammer_Ent @WSJ

        Not seeing the leverage

        1 reply 0 retweets 0 likes
      9. Hammer_Ent  🇬🇧‏ @Hammer_Ent Sep 10
        Replying to @kshaugh61 @WSJ

        My point is that the banks haven't learned, and they probabky never will. They're going to continue to be greedy as hell.

        0 replies 0 retweets 0 likes
      10. End of conversation

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