Durudarshan - Investment Analysis - Honest Information, Profitable Trading
My Blog

Are people buying houses in the U.S.?

Recently upon my visit to the U.S., when I visited Los Angeles and Las Vegas, I tried to gather some anecdotal evidence whether people are buying houses and what they think of it.
 
The first one was a taxi driver.  He was Armenian, like the Kardashians.  Yes,  his family have bought a 3-bed house on the outskirts of L.A., and drive to supermarkets downtown because things are cheaper there.  Most of the distances are pretty long.  Anyone living there needs to drive; taxis would be out of the question, only visitors use them, they are that expensive.  Bus services are pretty good, about every half an hour.  But I saw few buses, and didn't ride on them, much as I would have loved to, because of time. 
 
The second was also a taxi driver.  He's bought a house, 3-bed, in La Mirada, which has a nice Spanish feel.  He is from Mexico.  A 3-bed 2-bath house there is about 400,000 and a family needs to have an income of 80,000 to qualify getting a mortgage.  People work hard, and they are on their first property in California.  Like the Armenian, the Mexican also drives downtown for the weekly shopping.
 
Mortgages are costing about 3.5 percent, from Bank of America or one of the regional banks, although I did not ask the rates the taxi owners were paying.
 
In Las Vegas, the houseman who made the bed and cleaned the room said his family had bought their first house, after being in the States for five years.  It had cost them $180,000, both husband and wife and one son were working to meet the $1,100 monthly payment.  But they were happy working hard and seeing their own house as an earned reward.  These people work hard and have a great attitude.
With such people, the country will prosper.
 
Whilst in Las Vegas, I met a Gujarati scientist who was attending a conference at the MGM Grand.
She and her husband have been in Texas for five years, and also had bought their house.  He's an I.T. specialist.
 
All these people were from overseas or second generation, and had decided to make the U.S.their home.  They were all hard working, were positive and happy in their disposition, and it was a joy meeting and chatting with them.
 
Anecdotal evidence to me suggests that people are willing to work hard, and if they get a mortgage, they are happier still.  They feel pretty positive about future in the U.S.   I feel there is great scope for continued improvement in the housing sector, as well as in extension of railways, building of more neighbourhood shops, more buses and so on.  In America, the future is bright.
 
Kind regards,
Duru-darshan.
 
 

11 Comments to Are people buying houses in the U.S.?:

Comments RSS
Mooloolaba Accommodation on 01 March 2013 09:21
Real Estate is the field of risks.So it requires full of analysis and study when you are planing to move in this field.
Reply to comment


Burleigh Heads hotels on 05 March 2013 13:36
People are definitely buying properties in US. it is a good way to invest.
Reply to comment


Caloundra Holiday Accommodation on 13 March 2013 12:10
I agree with each and every conclusions made on this topic. It is really very informative. Thanks for sharing. .
Reply to comment


Man and Van at London on 18 March 2013 10:22
I am interested in becoming your subscriber, so please keep me updated more about to buying houses. I find the thoughts and opinions of this blogger, very inspiring and actually worth following. Nice work.
Reply to comment


Noosa Accommodation on 18 March 2013 14:06
I like the writing style. It is just perfect. The blog post is very connective and attractive. All the information I found in post is very useful. Thanks a lot.
Reply to comment


Port Douglas Accommodation on 25 March 2013 13:19
Very good experience you have shared about your journey to US. I like the theme you have chosen to write.
Reply to comment


building cleaning services on 10 April 2013 06:29
Some of the information in your article is which I have not aware of. I like the article. It is informative. Looking forward to read many more such informative articles and blog posts. I am waiting for your next post. Keep it up.
Reply to comment


Airlie beach luxury accommodation on 24 April 2013 09:04
I like your experience about US. The real estate market is very challenging in US.
Reply to comment


Sunshine Coast waterfront apartments on 12 June 2013 09:24
You have told many live example in this blog. which make it more trustworthy. I like your writing.
Reply to comment


Fraser Island on 18 June 2013 12:31
The real estate market is on the boom in US. People are investing more and more money there.
Reply to comment


Noosaville Accommodation on 20 June 2013 10:30
Real Estate is the field of risks.So it requires full of analysis and study when you are planing to move in this field.
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
RSS

Recent Posts

India's "demonitsation" could have a flaw
Donald Trump will be a good great President
The Euro unification of currency and philosophy has thrown up its own challenges
The Japanese stimulus may do wonders for the world.
I believe Japan should be cutting the Stimulus

Most Popular Posts

India's "demonitsation" could have a flaw
Donald Trump will be a good great President
The Euro unification of currency and philosophy has thrown up its own challenges
The Japanese stimulus may do wonders for the world.
I believe Japan should be cutting the Stimulus

Categories

"I know for a certainty that He is coming back"
"Where there is peace, there will be prosperity".
#Business Show, Excel, 18th May (today) Docklands.
1st E-Mail Campaign
A 385 Billion Euro Plan for Greece - the Jucker Plan
A crunch point for Greece and the Euro Area.
A 'damage limitation' excercise after Brexit.
A further pierod of economic Recovery in the Euro Area,and Europe.
A method to help Swollen legs
A sensible arrangement with Greece would be best
A stockmarket correction before resumption of the bull trend?
Abenomics, Mr Kuroda.
Accomodative Stance.
Acts of Nature
After the bitter pill, good times ahead for Greece?
Ah so....Mr Abe's economic stimulus, authorized by Guvnor Kuroda.
app.brandwatch.com
Appeal for peace and help for Ukraine
Ayurveda - Jobs in voluntary sector
Bangladesh building collapse
Bank of England rate unlikely to be raised just yet...
Baptism to be born-again.
Basil leaves tea.... for reducing diabetes, soothing cancer
Batman, comic books, turn ons.
Best in the Industry
Bhopal
Branding
Brexit - a lesson for positive changes?
Brexit? Oh no, I believe it would be a bad idea.
British Airways - lost property - missingx.com
Budget for the Enterprise culture.
Burma - Nobel Laureate Aung Sang Suu Kyi
Business Show, Olympia 22-23 Nov London
Can Dr Yellen delay hiking the rate for some time?
Cheers to the pre Christmas spirit
Children dying of measles in Larkana, Sindh.
China - positive signs
China is still very rosy, with re-focus of the economy
Chinese stockmarket fall
Church of Jesus Christ of Latter-Day Saints
Cinema
Clarity will help the Euro develop into a strong Reserve Currency.
Climate Change, make furniture
Climate change? Unseasonally warm
Continuation of Recovery.
Co-operative Enterprises
Corporaate Social Responsibility
Corrections : CBoC rate and Stephanie Ruhle
Could Mr Kuroda taper the Stimulus?
Creating employment, the challenge facing Europe
Credit Easing
Cultural harmony
Cyberattack? or just some hiccup?
Cycles and the stockmarket
Debate about the £26,000 benefits cap.
Debt Ceiling
Debt Ceiling II
DEmonitisation may have a flaw
Detroit
Developments in Orissa, Bengal, Meghalaya
Diamond Jubilee and Olympics
Diamond Jubilee Year and Paralympics
Divine Guidance
Do you care about the young doctors?
Donald Trump shall be a good great President
Donald Trump would be good for a King, but not as President
Drink a Pinta Milk a day.
Drought, and shortage of drinking water, in India.
Durudarshan for Prime Minister of India, May 2014
Durudarshan.co.uk/blog
durudarshanco-21
E.C.B. Stimulus
ECB 20 Billion additional stimulus,
ECB Stimulus
Egypt
Eike Batista, 10th Richest Man in the World.
Elan Musk
Enhanced ECB Stimulus would be an Act of Faith.
Euro
Euromillion Lottery Winners
Europe hopes Britain will remain In.
Eurozone
Exciting times ahead for the world economy.
Expansion the key, to avoid recession in midst of plenty.
Extended Stimulus by the E.C.B. and a 10 basis point cut seems good news.
Facebook - my blogs on Facebook
Fathers Day - some heartwarming words
Football Clubs
France, Germany, Brazil, India, Russia.....greetings!
Free Money and grants for U.S. citizens.
From Recovery to Prosperity
Frozen shoulder
Further peace, lessen war and conflicts.
G8 Summit
Georgia, Tbilisi
Gifts...for Christmas and all year round
Go ahead, ask the banks for a business loan.
Good days ahead for India, with the Acheh din Budget.
Good evening, Greek friends....
Good times ahead
GoodshowTradingLtd.com
Greece
Greece - an act of faith is necessary
Greece - In or Out of the Euro system?
Greek Debt Situation
Greek national dance in celebration.
Growth for Europe
Guest Book
Gurdas Sidhu - Knowledge to Action
Hacking a problem on blog - please connect via Facebook
Happy Birthday, Grace!
Happy Easter
Happy Fathers Day
Happy New Year!
Health - Diabetes
Heavenly Father, where art Thou? Can people share God's Umbrella?
Help for Indebted Farmers in India
Help save High Street stores in Britain
Herbal and Ayuvedic medications
Hillary Clinton needs all the support in New York and California...and Redmond,Kentucky...
Hillary Clinton odds-on favourite with the bookies, no wonder.
Hillary Clinton, The Donald, the Tea Party?
Hillary for America = America for Hillary
Hillary for America. The Democrat faithful can make it so today.
Historical blogs - of current interest.
Hollywood L.A.
Homely Comfort
Hopefully, the ceasefire can lead to a greater Peace in Syria.
Housing - Social and Improvements.
How can the symphony of Recovery and Prosperity resume?
How can we perhaps have the miracle of Inflation?
How does money get to the real economy?
How would a Greek 'default' affect us all?
I believe Japan should reduce their Stimulus
I pray for Venezuela, now suffering poverty due to fall in Oil price.
I would appreciate your comments
India
India - The Lokpal Bill
India, shortage of water a national emergency?
India's 14th 5-Year Budget.
Inspiration from the Master Mariner
Interest only Mortgages
Interest Rate and the Economy.
International Women's Day
InterTrader Affiliate
Investment Analysis and Management
Iran, a new era of peace
Is Brexit likely? Will Hillary win the Presidential race?
It would be just wonderful....The Queen's Speech
It's looking good for Hillary Clinton.....and for Donald Trump.
J.P. Morgan
Japan - Prayer for continued recovery
Jesus, the Heart of Love for all Mankind
Job creation for youngsters in U.K.
Jobs and growth
Jon Bon Jovi, Rockstar, Humanitarian, a Heart of Love.
Kimberley Davis, Sarsaparilla
Light a candle....to Prosperity
London Business Show - 7th June 2013.
London Business Show, 28-29 Nov, Olympia.
London Housing Market
Loves and blessings for Christmas
Manoj Bhargava - Billionsinchange
May Allah bring Peace
Micro and macro - chocolate, fruits, money.
Middle East
Milk
Money for 18-24 year old Entrepreneurs
Money supply
Money, money, money
More libraries, free books.
Motivational
Mountain of $57 Trillion, and a family worth 700 Trillion?
Mr Maponya, a dream city in South Africa.
Mr Tsipras makes impassioned plea for help for Greece
Mr Wilson, Yoga Masseur
Mrs Clinton holds Mr Trump on form. I believe she will win.
Mrs Hillary Clinton for President
Musical Christmas celebration, by the Hyde Park Choir
My sentiments are to vote IN on 23rd June 2016.
Nature's Law
Nigeria
North Korea's Mini Bomb....let us view it as comic relief.
Now is the time for all good men and women to come to the aid of the Party.
Nuclear Power
Odisha, Andhra Pradesh, Bengal
Oil price and Recovery
Oil price far too high
Oil Price, Interest Rates and Recovery
One day for God.
Over half a million new jobs with a Brexit?
Painting and Art.
Pakistani treatment of Indian prisoners
Paralympics
Peace
Peace between Russia and Ukraine
Peace and Prosperity ahead for 2016?
Peace and Understanding.
Peace helps us not to fall short of the glory of God.
Peace in Syria - something must be done to arrange this.
Peace, as a rose upon stony ground.
Pensions
Personal three wishes for 2012
Please, can they consider amending the Myanmar Constitution?
Poor inner-city areas a breeding ground for terrorists?
Pray, and avoid the tragic occurences
Prayer for Peace in Syria
Profitable trading
Progress in harmony, not disruption.
Promoting on www.durudarshan.co.uk
Prophet Mohammed
Prosperity
Raise a glass of bubbly to Greece
Ratings and Opinions
Read the Scriptures with spirit, and you will find the answers.
Real life supermen!
Real life Super-woman
Recovery in the Eurozone now likely to continue
Redmond - Blessings of peace unto you.
Remain connected, improve connections
Remembrance Sunday
Renewed Recovery for the Euro Area now possible.
Right selection of business
Right to Work, Obamacare, competitive wages.
Sadiq Khan, Mayor of London. A celebration.
Saudi Arabia proposing some welcome cuts.
Save the Leopards - WWF
Security - Police
Selective Immigration
Shadow boxing? The night is yet young in the contest for the highest office in the world.
Sister Akunne's good news...her exam pass, and continuity to work as a teacher.
So much money!
Social enterprise, Micro-finance for UK entrepreneurs.
Social Issues - Commentary
Somalia - books, handbags
Some thoughts for the New Year.
Some thoughts on Christianity
Spain
Steady growth for Europe for the next 18 months, by grace of God.
Stimulus in Europe?
Stock Market
Suggest Japan should taper their Stimulus.
Swami Baba Ramdev
Swami Ramdev, Patanjali Yogpeeth Trust, India.
Swaminarayan Temple, Neasden
Swissie
Syria Peace Talks to be arranged for 9th March 2016
Tata Steel - could they find a buyer soon?
Testimonies at the Latter Day Saints church, Ilford, UK
Testimonies of a Christian family
Testimony at the LDS Church after the Blue Moon
Testing, testing
The Church of Latter-Day Saints
The Affordable Health Care Act - great news.
the British steel industry - and the E.U.
The Chancellor's Autumn Statement
The Digital Economy
The Euro Area Stimulus to commence very soon
The future is bright, very bright
The future looks rosy. I believe we shall avoid a recession.
The God Particle.
The Golden Plates and the Inspired Translation of the Book of Mormon.
The Himalayan tsunami
The love of Christ - a strong enough foundation.
The magic of chemistry - partnerships.
The Mormons
The Mystery Method
The Panama Papers
The price of Gold
The price of Oil
The Queen visits Ilford.
The Queen's Speech 8th May
The Queen's speech to Parliament
The refugees from Syria - help for them, please.
The Republican candidates
The Third Industrial Revolution
The Tools for te nut
The U.S. Presidential elections
The U.S. Presidential race
The U.S. Property sector, creating $2 Trillion to the good.
The US Housing Market
The Yuan adjustment
To Alexis Tsipras and the Greek nation - growth, Recovery and Prosperity.
Tolstoy would have been as Christ.
Tolstoy's bread crumbs
Touker Suleyman, who bought an ailing company for a £1 and turned it into a £27 Million tu
Trillion dollar coin?
Truth shall prevail - a spiritual musical
Turkey
U.S. government funding till November 2016, please.
U.S. should extend the Debt Ceiling, Japan should taper, India should cut the rate, U.K. doing fine
U.S. shutdown
Undocumented Immigrants in the U.S.
Utah
Vegetarian food in Las Vegas
vistaprint test
Website traffic streams
Welcome
West Bengal
What can Mr Putin not do?
Who will win the Presidential race?
Why don't the stockmarkets like prospect of a Republican win?
Why I feel optimistic about Greece
Will the DOW reach 18500, or even 19000?
Winds, be thee still.
Wish you a Happy New Year...Prunay le gillon, Oxford and New York.
Wish you a joyful weekend.
With high energy prices, how can British steel industry survive? Yet survive it must.
Work hard, and work for peace....that way may be the noble, dignified way forward.
World Money Show, 8th & 9th November
Worldwide Economic Recovery
Would you borrow from your bank?
www.durudarshan.co.uk
Year of the Monkey.
Yulia Tymoshenko
Zimbabwe - may it continue with fair policies
powered by

Website Builder provided by  Vistaprint