This is why I hate poor people.
Thread Starter
Joined: May 2005
Posts: 80,541
Total Cats: 4,364
From: Chantilly, VA
http://www.msnbc.msn.com/id/22116043/
here's an idea, don't give low interest loans to retards and then go crying to mommy when things don't work out.
here's an idea, don't give low interest loans to retards and then go crying to mommy when things don't work out.
I know its ******* absurd. Smart people use this time to buy lotsof stuff, and widen the gap. I know im buying soon, and as long as the market keeps declining its like putting money in my pocket
Exactly dont make the rest of us pay to sure up the low rates of people who bought into houses at 250 or more % than they are worth and are using 70-80% of there income to support the mortage on the introductory rate. Loki come on you can't tell me the market is not blaoted and inflated. I am going no where near anything until i see a price i like not doing so is spending money out of your pocket needlessly.
Joined: Jun 2006
Posts: 29,085
Total Cats: 375
From: Republic of Dallas
no ****. If I weren't sending $600+ per month to student loans, I'd have a house with a lift in the garage.
At a certain point the poor/stupid people can start to bring the whole economy down. If this wasn't big enough then the gov. wouldn't step in.
You gotta think, the politicians have money to make also. No one benefits from a big economic recession (except Wallyworld).
I agree that it sets a bad precedent. I just bought a house w/ a fixed 5.84 rate. I don't expect the gov. to bail me out if I can't make a payment. I actually did my homework before buying.
Chris
You gotta think, the politicians have money to make also. No one benefits from a big economic recession (except Wallyworld).
I agree that it sets a bad precedent. I just bought a house w/ a fixed 5.84 rate. I don't expect the gov. to bail me out if I can't make a payment. I actually did my homework before buying.
Chris
Damn, good rate. My first is at 6 and some change. But I got the house well under market, so I'm not going to bitch about $50/month.








