Subscribe to:
Post Comments (Atom)
All about Orange County Real Estate. Including information on home prices, investments, interest rates, and legislation.
Followers
Blog Archive
-
▼
2009
(20)
-
▼
February
(11)
- My letter to NAR
- Is Irvine a Buyers or a Sellers market?
- The current housing debacle was predicted in 1999!
- Shevy Akason and Associates is proud to announce 2...
- The housing plan--- I still don't think we get it
- Opportunity- HUDS 203K program offers many buyers ...
- Shevy Akason and Associates proudly present 22 Sie...
- The Wall or the Wave
- Income opportunity in Lake Forest
- $80,000 below rental parity!
- Investor opportunities in Costa Mesa
-
▼
February
(11)
2 comments:
I don't like paying other peoples' mortgages. I'm still serious that there could be a legitimate case for a discrimination law suit against the Federal gov't.
I feel pretty muich the same way about paying someone else's mortgage as I do about playing someone else's gambling debts, or reimbursing them the money they lost because they got their stock bets all wrong, or because they decided not to read a 6th grade reading comprehensive level mortgage contract before they signed it, or because they simply didn't think it was "cool" to pay attention in high school math class.
Yeah. I think that pretty much describes how I "feel" about it.
Politicians and media make it sound like it would be armaggedon if these foreclosures aren't stopped.
I believe there's sufficient evidence (it's called "Japan") to suggest that prolonging the foreclosure process only slows the housing market correction that must, and eventually will, have to happen.
Post a Comment