Quote:
Originally Posted by nico-t
i don't really understand what this thread is about... it comes across like you think it's a good thing house prices in the US are in the shitter?
Another point is that the average beamer or benz are just the same as a toyota or honda now. All middle class. In germany everyone drives a bmw or mercedes, does that mean everyone in germany has a high income? My friend needed a car fast a while ago so i helped him bargain a bmw for ?900. Balling! 
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US house prices were still better before the housing bubble/crisis.
And hell yes, for people who are employed or own their own business making a good living, it's a great time to be buying a home.