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Reply #12: I would think it was bullshit if my government didn't step in to prevent misery. [View All]

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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-16-08 09:04 AM
Response to Reply #10
12. I would think it was bullshit if my government didn't step in to prevent misery.
Like I said, the solution isn't a wave of foreclosures and banks owning most of the real estate in the US.

The solution is to find a way to bring prices down, and, hopefully, to prevent a massive transfer of property to banks...
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  -Don't be fooled by the "Foreclosure Prevention Act" - It's a Trojan Horse! Breeze54  Apr-16-08 07:02 AM   #0 
  - It is business as usual in Congress and on wall street.  Double T   Apr-16-08 07:19 AM   #1 
  - Word! Even my local TV news gave a whole rundown about how bad this bill is and  Breeze54   Apr-16-08 07:27 AM   #2 
  - recommend  xchrom   Apr-16-08 07:56 AM   #3 
  - Good deal!  Breeze54   Apr-16-08 08:06 AM   #4 
  - Well, I don't support "foreclosure prevention" to begin with, so...  El Pinko   Apr-16-08 08:19 AM   #5 
  - Many were scammed ...  Breeze54   Apr-16-08 08:31 AM   #6 
  - Even if they were scammed, that doesn't entitle them to a home they can't afford.  El Pinko   Apr-16-08 08:51 AM   #9 
  - If prices can come down and if people can stay in their homes, we can have a win-win solution to  AP   Apr-16-08 08:41 AM   #7 
     - i own a home, and i share his opinion.  QuestionAll   Apr-16-08 08:51 AM   #8 
     - You'd be upset if they ultimately paid what the house was worth?  AP   Apr-16-08 09:02 AM   #11 
        - they should ultimately pay whatever they agreed to pay when they bought it...  QuestionAll   Apr-16-08 09:07 AM   #13 
        - I wouldn't mind everyone else getting a 20-year carry forward on any loss they suffered  AP   Apr-16-08 09:11 AM   #14 
           - That sounds completely unfeasible. It would probably bankrupt the gov't (even more)  El Pinko   Apr-16-08 09:20 AM   #17 
        - That is not correct  Bluenorthwest   Apr-16-08 09:32 AM   #18 
     - I have no interest in buying a home at this point.  El Pinko   Apr-16-08 08:56 AM   #10 
     - I would think it was bullshit if my government didn't step in to prevent misery.  AP   Apr-16-08 09:04 AM   #12 
        - It will never come to that.  El Pinko   Apr-16-08 09:16 AM   #16 
     - Would you call flipping a result of easy money?  jmowreader   Apr-16-08 09:45 AM   #20 
  - I love trojan horses comin into my axxx  amihol   Apr-16-08 09:14 AM   #15 
  - Does anyone ever really start out honest before they go to  acmavm   Apr-16-08 09:34 AM   #19 
 

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