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Amerigo Vespucci (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:10 AM Original message |
85,000 homes lost to foreclosure in October |
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Newsjock (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:25 AM Response to Original message |
1. The homes aren't 'lost' |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:48 AM Response to Reply #1 |
3. Every one of those "lost" homes will become a bargain home to another family |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 03:25 PM Response to Reply #3 |
14. And when those families |
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FreeStateDemocrat (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:47 PM Response to Reply #3 |
19. Don't bet on it, the rich will be picking over the remains and stealing the bargins for investments. |
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Raster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:28 AM Response to Original message |
2. Ah yes...the BANKS and other financial institutions that hold the paper on |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:51 AM Response to Reply #2 |
4. The people who paid interest for several years had the pleasure of owning a home for a while |
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Trajan (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:57 AM Response to Reply #4 |
5. You can also offset it ... |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 11:01 AM Response to Reply #5 |
7. I think better financial education for young people would alleviate much of the problem |
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Raster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 11:54 AM Response to Reply #7 |
9. I think financial education is a lovely idea. So is changing the structure so a loan does not end |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 12:30 PM Response to Reply #9 |
12. It almost never does... |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 03:28 PM Response to Reply #12 |
15. That's true |
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Raster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 05:02 PM Response to Reply #12 |
16. Well, depends if the goal to put people into homes or profit off of putting people into homes. |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 05:38 PM Response to Reply #16 |
17. Its called public housing... |
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Raster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:27 PM Response to Reply #17 |
18. And why is public housing "not necessarily a good idea"? Would you prefer people homeless? |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Fri Nov-14-08 11:36 AM Response to Reply #18 |
23. Easy..... |
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AndyTiedye (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 12:25 PM Response to Reply #7 |
11. This Crash Fooled a Lot of the Experts |
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Trajan (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 02:31 PM Response to Reply #7 |
13. I think everybody could agree that 'more education' is good .. |
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Sen. Walter Sobchak (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:33 PM Response to Reply #7 |
20. I worked on countless consumer bankruptcies |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Fri Nov-14-08 07:55 AM Response to Reply #20 |
21. I consider myself moderately savvy with money, but I totally fail when I try to impart wisdom |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 10:58 AM Response to Reply #2 |
6. Amortization is a derivative formula.... |
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superconnected (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 11:03 AM Response to Original message |
8. Well that certianly was some bailout. |
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Raster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 11:56 AM Response to Reply #8 |
10. Yes, and look at all the POSITIVE benefits! |
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wartrace (920 posts) Send PM | Profile | Ignore | Fri Nov-14-08 11:18 AM Response to Original message |
22. We need to revert back to the way it was in the 70's-80's. |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Fri Nov-14-08 06:01 PM Response to Reply #22 |
24. I worked for a bank from 1983 - 1990 |
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wartrace (920 posts) Send PM | Profile | Ignore | Fri Nov-14-08 09:28 PM Response to Reply #24 |
25. Didn't the arms back them have caps on them? |
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onager (1000+ posts) Send PM | Profile | Ignore | Sat Nov-15-08 01:13 AM Response to Reply #24 |
26. Still the rule at my bank (Credit Union) |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Sat Nov-15-08 06:03 PM Response to Original message |
27. Kick, to keep this story on the main page. |
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DU AdBot (1000+ posts) | Fri Oct 18th 2024, 01:29 AM Response to Original message |
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