SoCalDem
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Sun Feb-17-08 05:48 PM
Response to Reply #1 |
| 6. The thing that really pisses me off it this.. |
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There were enormous amounts of money made in the propagation of this gigantic FRAUD, and NONE of it will ever make it back to the people who were harmed..
and there are empty houses just sitting there, being vandalized, while people huddle to stay warm under bridges..
People with lots of cash (gotten by ripping us off) will swoop in and start buying up these houses, for pennies on the dollar, while more people move into poverty & despair..
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| -Prudent homebuyers are getting hit 3 times. |
SoCalDem |
Feb-17-08 05:41 PM |
#0 |
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All brought to you by Bushco |
Hydra |
Feb-17-08 05:44 PM |
#1 |
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The thing that really pisses me off it this.. |
SoCalDem |
Feb-17-08 05:48 PM |
#6 |
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Yup |
Hydra |
Feb-17-08 05:56 PM |
#9 |
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You're right about the bankruptcy option. |
Divernan |
Feb-17-08 06:15 PM |
#20 |
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Why doesn't she rent her condo? |
riderinthestorm |
Feb-17-08 07:57 PM |
#33 |
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1980's... Red Hill Financial, Silverado, Topsail Hill, St. Joe, Emerald |
tsuki |
Feb-17-08 06:32 PM |
#27 |
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The TRUTH is: |
bvar22 |
Feb-17-08 06:32 PM |
#28 |
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Thom Hartmann explained the entire thing recently. |
CANDO |
Feb-17-08 10:23 PM |
#40 |
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Well, it's not all brought by BushCo. |
krkaufman |
Feb-18-08 02:44 PM |
#50 |
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And completely preventable |
sandnsea |
Feb-17-08 05:46 PM |
#2 |
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I also hear, those in an HOA will probably pay more HOA fees |
itsrobert |
Feb-17-08 05:46 PM |
#3 |
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It is already happening - Associations are already a year into a real problem. |
DURHAM D |
Feb-17-08 06:12 PM |
#17 |
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"You will also pay when the tax base of your county/city-town/state shrink dramatically" |
canoeist52 |
Feb-17-08 05:47 PM |
#4 |
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#41 gave us the savings & loan scandal costing taxpayers perhaps $700 billion, #43 has outdone papa. |
jody |
Feb-17-08 05:48 PM |
#5 |
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as a long-time renter in my local housing market I'm feeling like... |
mike_c |
Feb-17-08 05:53 PM |
#7 |
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Yep.. in your case, you are in a good place.. |
SoCalDem |
Feb-17-08 05:57 PM |
#11 |
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I think the fed and the government are going to try to fix the housing market |
penguin7 |
Feb-17-08 09:53 PM |
#37 |
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i have a foreclosure literally right next door, i sweep the driveway and sometimes cut the lawn |
chimpsrsmarter |
Feb-17-08 05:55 PM |
#8 |
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We have one next door too.. Boarded up(finally) but badly vandalized |
SoCalDem |
Feb-17-08 05:59 PM |
#13 |
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gawd that sucks and blows. This one next door is ok right now but i think it's |
chimpsrsmarter |
Feb-17-08 06:04 PM |
#16 |
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When a house is not even worth resale... |
and-justice-for-all |
Feb-17-08 06:24 PM |
#25 |
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When the house next door to us was forclosed... |
and-justice-for-all |
Feb-17-08 06:22 PM |
#23 |
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Nailed it again, SCD. |
BushDespiser12 |
Feb-17-08 05:56 PM |
#10 |
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Excellent analysis & here'are the 4th & 5th ways you'll be screwed. |
Divernan |
Feb-17-08 05:58 PM |
#12 |
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We are woefully aware of that scenario.. We have bought two houses |
SoCalDem |
Feb-17-08 06:03 PM |
#15 |
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Way back in my youth (my 20's) I bought 2 house in California sellers' markets |
Divernan |
Feb-17-08 06:22 PM |
#24 |
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Self edit, misread your statement. |
sarcasmo |
Feb-18-08 08:23 AM |
#48 |
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Good point |
proud2Blib |
Feb-17-08 06:00 PM |
#14 |
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Bad idea. |
smoogatz |
Feb-17-08 06:18 PM |
#21 |
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If the market bounces back, yes |
proud2Blib |
Feb-17-08 06:46 PM |
#30 |
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It will all work out---it always does. |
Fed_Up_Grammy |
Feb-17-08 06:13 PM |
#18 |
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You wouldn't be saying that if the housing crisis had kicked you in the a$$. |
TheGoldenRule |
Feb-17-08 07:00 PM |
#32 |
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I disagree.... |
mike_c |
Feb-17-08 10:47 PM |
#41 |
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no it does NOT always work out |
Skittles |
Feb-17-08 09:43 PM |
#36 |
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It's wrong to tell these other companies how to do things. |
HypnoToad |
Feb-17-08 06:14 PM |
#19 |
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Companies are not people and should be regulated... |
and-justice-for-all |
Feb-17-08 06:26 PM |
#26 |
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I know, they could just erase all the mortgage debt!! |
and-justice-for-all |
Feb-17-08 06:19 PM |
#22 |
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meh |
InsultComicDog |
Feb-17-08 06:34 PM |
#29 |
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I own mine free and clear too, but I worry about friends, neighbors, relatives |
troubleinwinter |
Feb-17-08 09:35 PM |
#34 |
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sorry, didn't mean to be smug |
InsultComicDog |
Feb-17-08 09:41 PM |
#35 |
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Top-down class warfare, redux. |
DemoTex |
Feb-17-08 06:55 PM |
#31 |
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You're right about the taxes, wrong about the "lost equity" |
El Pinko |
Feb-17-08 10:03 PM |
#38 |
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"We" are just fine.. (we bought in '82)..Sorry if you thought I was "whining". |
SoCalDem |
Feb-18-08 05:41 AM |
#42 |
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Sorry, I don't mean to be belligerent, and yes, everyone is going to be affected by this... |
El Pinko |
Feb-18-08 06:31 AM |
#47 |
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We've managed to avoid the foreclosure debacle here so far |
smoogatz |
Feb-17-08 10:05 PM |
#39 |
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Personally, we are fine.. We have a 30-yr fixed at 5.25 |
SoCalDem |
Feb-18-08 05:44 AM |
#43 |
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Here's another way I'm getting squeezed ... |
lpbk2713 |
Feb-18-08 05:57 AM |
#44 |
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Yup.. there's that too.. As the "pool" shrinks, we all pay more |
SoCalDem |
Feb-18-08 06:01 AM |
#45 |
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That Sucks So Bad |
Crisco |
Feb-18-08 06:27 AM |
#46 |
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I call BS. Explain to me, with concrete examples how this works: |
TalkingDog |
Feb-18-08 01:04 PM |
#49 |
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arf |
SoCalDem |
Feb-18-08 05:40 PM |
#51 |
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