cantstandbush
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Sun Jan-01-06 12:33 AM
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| Lay your housing troulbes on the greed of the greedy. |
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They made their billions now the bust is on us.
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| MercutioATC
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Sun Jan-01-06 01:09 AM
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| 1. How is it their fault? |
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Homeowners paid the inflated prices. The developers just met the demand.
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| sam sarrha
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Sun Jan-01-06 01:27 AM
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| 2. the tax cut money for the rich was invested in Real Estate.. they didn't |
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need the money.. so they used it for investments creating the housing bubble.
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| MercutioATC
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Sun Jan-01-06 01:37 AM
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| 3. That's called capitalism... |
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Real estate was a good investment. EVERYBODY in those areas saw their home prices rise, rich and not-so-rich alike. Now, like the stock market does from time to time, the housing market is correcting itself.
Housing is just like any other investment. Losses are possible.
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Tue Apr 16th 2024, 04:33 AM
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