When I was buying a house about 4 years ago, you could not believe the zany loans I was offered. Interest only was big then…”all you need is to pay your interest then whatever you can afford on the principle.” Thank god I wasn’t foolish enough to do that, I’d be one of the many in foreclosure now.
Most of you are conditioned sheeple. The majority of homeowners did not buy in the last 3 years. The majority of homeowners have plenty of equity in their homes. It’s a very small group in trouble. Those in trouble will become renters again. Owners with equity will buy up most the foreclosed homes. Renters: look for the notice that your rent is going up. The rich get richer the poor get poorer. Pay attention.
When I was buying a house about 4 years ago, you could not believe the zany loans I was offered. Interest only was big then…”all you need is to pay your interest then whatever you can afford on the principle.” Thank god I wasn’t foolish enough to do that, I’d be one of the many in foreclosure now.
SD Researcher
Comment by San Diego clinical research — September 5, 2008 @ 12:50 pm
Most of you are conditioned sheeple. The majority of homeowners did not buy in the last 3 years. The majority of homeowners have plenty of equity in their homes. It’s a very small group in trouble. Those in trouble will become renters again. Owners with equity will buy up most the foreclosed homes. Renters: look for the notice that your rent is going up. The rich get richer the poor get poorer. Pay attention.
San Diego Plastic Surgeon
Comment by San Diego breast lift — September 5, 2008 @ 12:52 pm
I think what we need is a discompassionate conservative, not a bleeding heart liberal or compassionate conservative.
Southern California Lawyers
Comment by Los Angeles attorneys — September 5, 2008 @ 12:53 pm