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maxrandb (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 07:44 AM Original message |
House Broke |
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soothsayer (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 07:46 AM Response to Original message |
1. It's irresponsible to sell houses to people who can't afford them. |
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jpkenny (224 posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:00 AM Response to Reply #1 |
5. It's called "cash flow." They keep collecting interest on circulating |
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maxrandb (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:43 AM Response to Reply #1 |
9. Crazy like a fox! |
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newspeak (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:59 AM Response to Reply #9 |
40. yeah, doncha know that working two or three jobs |
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NVMojo (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:15 PM Response to Reply #40 |
75. someone needs to bend Bush and his cabal over and give them |
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AnneD (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 10:53 AM Response to Reply #40 |
94. Bush said that |
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theanarch (523 posts) Send PM | Profile | Ignore | Fri Aug-11-06 11:40 AM Response to Reply #40 |
97. one presumes this is the same woman who... |
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Snivi Yllom (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:29 AM Response to Reply #1 |
24. It's irresponsible to BUY homes you cannot afford. |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:37 AM Response to Reply #24 |
29. Thank you |
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Demit (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:20 AM Response to Reply #29 |
32. I agree. If you want to gamble, don't be shocked if you lose. |
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cliss (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:26 AM Response to Reply #24 |
33. I was waiting |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:29 PM Response to Reply #24 |
52. We have bought three houses , and each time we only had a few |
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tbyg52 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 05:50 PM Response to Reply #52 |
71. There was a shortage of affordable homes then... |
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sugapablo (483 posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:33 AM Response to Reply #1 |
26. It's not just houses... |
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Pab Sungenis (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 02:41 PM Response to Reply #1 |
67. It's good business, though. |
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Maine-ah (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 05:02 AM Response to Reply #1 |
79. It's a bit irresponsible to buy a house you couldn't afford in the |
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Tellurian (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 07:57 AM Response to Reply #79 |
87. And what happens if you both lose your jobs? |
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Maine-ah (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 11:58 AM Response to Reply #87 |
98. get another job. |
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shrike (1000+ posts) Send PM | Profile | Ignore | Sat Aug-12-06 08:56 AM Response to Reply #98 |
114. Worked at McDonald's lately? |
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Tellurian (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 07:22 AM Response to Reply #1 |
83. Isn't the GOP's Plan to eradicate the middle class becoming apparent? |
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susanna (1000+ posts) Send PM | Profile | Ignore | Sat Aug-12-06 12:17 AM Response to Reply #83 |
111. That's what is disturbing... |
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toopers (1000+ posts) Send PM | Profile | Ignore | Sat Aug-12-06 07:29 AM Response to Reply #1 |
112. I guess it is perfectly fine to buy more than you can afford though . . . |
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DoYouEverWonder (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 07:47 AM Response to Original message |
2. The banks and lenders had no business |
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leftchick (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 07:49 AM Response to Original message |
3. support the troops eh? |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 03:58 PM Response to Reply #3 |
102. This country is so fucked that |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 07:55 AM Response to Original message |
4. Predatory lending practices lead to such things. |
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cobalt1999 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:42 AM Response to Reply #4 |
8. Shame on the buyers. |
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maxrandb (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:48 AM Response to Reply #8 |
12. Oh Great. Let's blame the people who bought into the American Dream |
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cobalt1999 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:58 AM Response to Reply #12 |
15. I don't think the American Dream is to be in debt beyond your means. |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:57 AM Response to Reply #15 |
39. Unfortunately that is the way Americans have been |
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LeftyMom (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 11:44 AM Response to Reply #15 |
44. How are people to buy within thier means when there are no starter houses |
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cobalt1999 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:05 PM Response to Reply #44 |
54. Some thoughts... |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:32 PM Response to Reply #54 |
59. It's just not that easy. |
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cobalt1999 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 03:27 PM Response to Reply #59 |
101. I'm not unsympathetic to job loss or unforeseen events... |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 04:27 PM Response to Reply #101 |
103. Of course we have such responsibility |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 02:35 PM Response to Reply #54 |
66. I live in a city |
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pokercat999 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 02:51 PM Response to Reply #66 |
68. Unfortunately in your area the only answer is to commute long |
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tkmorris (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 06:10 AM Response to Reply #66 |
81. Stop it. |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 09:38 AM Response to Reply #81 |
88. Sorry; I was counting NoVA as DC |
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LostinVA (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 10:27 AM Response to Reply #81 |
92. It is cheaper, but still not affordable |
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earth mom (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 03:22 PM Response to Reply #54 |
69. Disagree with your posts. |
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AnneD (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 11:02 AM Response to Reply #44 |
95. I have not seen a decent starter house |
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Tight_rope (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:20 PM Response to Reply #15 |
50. YES....The True American Dream is "TO BE IN DEBT"! |
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tbyg52 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 06:24 PM Response to Reply #15 |
72. An element, yes... |
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Demit (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:29 AM Response to Reply #12 |
34. Regardless of what others promise, you have to look at your financial |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:57 AM Response to Reply #8 |
14. Umm, predatory lending practices takes advantage of a buyers ignorance |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:30 AM Response to Reply #14 |
25. Predatory lending generally only works if the borrower |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 11:04 AM Response to Reply #14 |
41. Blaming the corporations is silly *sarcasm* |
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Lone_Star_Dem (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 11:58 AM Response to Reply #41 |
45. I don't get the heartless disregard that dominates now-a-days |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:18 PM Response to Reply #45 |
49. I think |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:28 PM Response to Reply #49 |
58. I agree, Pithlet |
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MissB (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 03:38 PM Response to Reply #58 |
70. I'm sorry for your loss. |
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mbperrin (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 07:39 AM Response to Reply #58 |
85. Thank you! And for those who are so sure they've missed all |
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One_Life_To_Give (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 11:15 AM Response to Reply #49 |
96. Compassion for individuals but concerned/callous toward the group |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 01:25 PM Response to Reply #96 |
99. The majority of people losing their homes didn't live in McMansions |
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One_Life_To_Give (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 02:59 PM Response to Reply #99 |
100. We all should feel compassion for this soldier |
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zanne (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 07:27 AM Response to Reply #45 |
84. I think it's the Republican/Libertarian influence... |
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maxrandb (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 10:25 AM Response to Reply #84 |
90. Yeah! It's easy to have no compassion when you're born with a |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 10:50 AM Response to Reply #84 |
93. Yep. Discipline is apparently the answer to everyone's problems. |
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shrike (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 10:22 AM Response to Reply #45 |
89. We no longer live in the "land of the free" |
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Rockholm (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:35 AM Response to Reply #8 |
27. Agree Cobalt. They overextended. |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:40 PM Response to Reply #27 |
53. When you're told that you can afford it, when your co-workers are |
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OzarkDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 05:36 PM Response to Reply #53 |
109. Lenders and realtors are less ethical these days |
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warrens (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:51 AM Response to Reply #8 |
30. In some cases, events you can't foresee can have an enormous impact |
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Demit (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:38 AM Response to Reply #30 |
35. You think taking out two mortgages to buy a house is reasonable? |
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alfredo (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:51 AM Response to Reply #30 |
36. I had one of those unforseen incidents. Actually several. First I had |
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fudge stripe cookays (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 11:17 AM Response to Reply #30 |
42. Bull. |
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NVMojo (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:32 PM Response to Reply #42 |
77. fudge stripe cookays, we did the same thing in 03 and I got laid off |
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fudge stripe cookays (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 05:09 AM Response to Reply #77 |
80. It's called discipline. |
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JerseygirlCT (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:36 PM Response to Reply #8 |
73. I have to agree. |
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mccoyn (512 posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:04 AM Response to Original message |
6. 9.9% interest for a house, ouch. |
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Sagan (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:19 AM Response to Original message |
7. I refused to do an ARM in 2002 |
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B3Nut (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:48 AM Response to Reply #7 |
11. ARMs are *bad news* |
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maseman (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:20 AM Response to Reply #11 |
21. ARMS are actually not bad |
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HughBeaumont (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:13 AM Response to Reply #7 |
20. Avoid ARMS like the plague . .. |
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CottonBear (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:45 AM Response to Original message |
10. I thought that a Nat'l Guardsman could not lose his/her job while deployed |
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maxrandb (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 08:51 AM Response to Reply #10 |
13. Remember, the Pretzledent said; "it's patriotic to spend" after 9/11 |
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Bridget Burke (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:46 PM Response to Reply #10 |
62. My parents' generation had the GI Bill of Rights.... |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 02:25 PM Response to Reply #10 |
65. You can't, but employers often don't know or don't care |
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stepnw1f (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:00 AM Response to Original message |
16. Alot Good Their Money Will Do for Them |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:02 AM Response to Original message |
17. I think the availability of "cheap loans" drives up home prices |
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maxrandb (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:08 AM Response to Reply #17 |
18. People also took out ARM's when gas |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:11 AM Response to Reply #18 |
19. Another $50/month for gasoline and another $100/month for natural gas |
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Rockholm (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:37 AM Response to Reply #17 |
28. Lack of inventory drives up home prices. |
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dbackjon (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 02:04 PM Response to Reply #17 |
63. Tell me about it |
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newportdadde (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:25 AM Response to Original message |
22. Newsflash - Don't use ARMS when rates are at 40 year lows. |
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Tempest (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:57 AM Response to Reply #22 |
38. Newsflash - Not everyone has access to traditional fixed rate loans |
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newportdadde (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 11:31 AM Response to Reply #38 |
43. It didn't escape me, they were idiots. |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:00 PM Response to Reply #43 |
46. It's a shame they picked this guy as an example. |
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maxrandb (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:14 PM Response to Reply #46 |
57. There are several other stories in the original MSN Story |
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Pithlet (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:42 PM Response to Reply #57 |
61. I agree. |
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Tempest (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:21 PM Response to Reply #43 |
51. I guess you missed the part where he came back from Iraq |
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Tight_rope (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:05 PM Response to Reply #43 |
55. Yeah..That will teach his ass to vote for Bush* & join the armed services! |
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Phx_Dem (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:08 PM Response to Reply #38 |
48. How is that? |
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OzarkDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 05:32 PM Response to Reply #48 |
108. Agree, I don't see how anyone HAS to buy w/ an ARM |
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OzarkDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 05:31 PM Response to Reply #38 |
107. If you have to use an ARM to buy |
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Snivi Yllom (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:28 AM Response to Original message |
23. I have zero sympathy for these people |
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Virginia Dare (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:54 AM Response to Reply #23 |
37. I'm not sure... |
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FreeStateDemocrat (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:38 PM Response to Reply #23 |
60. I agree, the key is "in an upscale subdivision " not someone who |
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One_Life_To_Give (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 10:13 AM Response to Original message |
31. Do people only listen to those with a financial stake in transaction? |
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Tight_rope (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 12:05 PM Response to Original message |
47. Advice to Shawn Howell..."CUT YOUR COAT ACCORDING TO YOUR SIZE!" |
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Miss Chybil (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 01:08 PM Response to Original message |
56. Employers are required to hold jobs for deployed military. nt |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 02:23 PM Response to Original message |
64. To Howell and other Guardsmen/Reservists |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:02 PM Response to Original message |
74. Interesting. House prices are still rising here in Louisville.... |
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llmart (1000+ posts) Send PM | Profile | Ignore | Thu Aug-10-06 09:25 PM Response to Original message |
76. I just have a hard time with these younger couples................. |
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LordLovesAWorkingMan (272 posts) Send PM | Profile | Ignore | Thu Aug-10-06 11:22 PM Response to Reply #76 |
78. That's the real price of granting credit |
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apnu (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 06:39 AM Response to Original message |
82. key word here: "two adjustable-rate mortgages" |
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One_Life_To_Give (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 05:21 PM Response to Reply #82 |
106. Maybe ARM's are marketed like a scam, but |
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susanna (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 11:51 PM Response to Reply #106 |
110. Exactly. |
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Mountainman (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 07:51 AM Response to Original message |
86. To a lot of people there are many reasons to do what they shouldn't. |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 10:27 AM Response to Reply #86 |
91. Not only are they doing what their God wants them to do, |
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zanne (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 04:51 PM Response to Reply #91 |
105. He never heard of free will, huh? nt |
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alcibiades_mystery (1000+ posts) Send PM | Profile | Ignore | Fri Aug-11-06 04:44 PM Response to Original message |
104. No money down? |
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Eurobabe (1000+ posts) Send PM | Profile | Ignore | Sat Aug-12-06 08:24 AM Response to Original message |
113. Sold a house to a real jerk in Cincinnati earlier this year |
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DU AdBot (1000+ posts) | Fri Apr 19th 2024, 05:16 PM Response to Original message |
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