I'm not clear about what you don't believe.
I didn't talk about any housing slow down, I just presented a link to an article on the matter. I just take in information from what I read and then try to figure out for myself whats going on.
I'm not some one who just accepts every thing I read or hear as accurate or true. I compare several different sources such as what you post.
This is your field of expertise that you live in day in and day out, so you have a first hand interest and knowledge of it. I don't have a personal opposing view point from yours.
My Wife and I are retired and she is unable to turn down any request from community organizations to volunteer and help. Sometimes I get drawn in to help, but I really just want to get to the point where we are our own priority.
That being said, I am interested in people and what could be done to help them own their own homes or in the very least not be home less.
At the very least I try to be an informed voter, so I try to stay up on these things, just encase a candidate actually states what they support.
-How do these new finance rules limit people from owning homes?
-Are there any Federal rules that cause these limits or is it just certain banks or just NC banks?
Wasn't the 2008 collapse due to lenders giving loans to people who really couldn't afford the level of house they were trying to buy.
I remember seeing those stories on the news and thinking "Man their house is a lot nicer than ours". So to me it wasn't just basic housing that these people were loosing. Then our tax money went towards helping these people to keep their houses. My wife and I have always lived within our means, I think that there were too many people who feel they deserve more than they can afford. Maybe that is part of the problem now?
