Replies to post #240911 on Zeev's Turnips Talk Politics (ZTTP)

[daytraderkidd]

Idiot, more people own homes now because of creative financing packages made available since the 1990ies.

To put it in Idiot terms (which even you can understand) people who would not have been able to afford a home 20 years ago can now afford to own a home due mainly to new creative financing packages aimed at lower wage earners


FruitLoops, our own government reports have clearly shown that wages for the middle class have stagnated for the last 6 years. lol arguing against that is not supporting your government and highly anti-american

[Vexari]

just because one has equity in a house

does not mean that they own it..


nose dive into this one again..

http://www.investorshub.com/boards/read_msg.asp?message_id=16461366


should stay away from state run economics classes..

[IxCimi]

With variable rate mortgages and the loco financing packages that people have taken on we are in for a world of hurt if the Fed feels the need to jack up interest rates or balloon payments come to bear.

Those fellers painted Americans into another credit corner.

There is NO FREAKIN WAY I would EVER hold a mortgage in this country.

I say build yer own, stay moderate, with exceptional design, and super well built, pay cash as you go, or forget it.

I like it the way the Scandinavians did it. Live in the sauna till the house gets built.

Well, we adapted somewhat...