Free Republic
Browse · Search
General/Chat
Topics · Post Article


1 posted on 08/22/2011 9:34:03 AM PDT by illiac
[ Post Reply | Private Reply | View Replies ]


To: illiac

It doesn’t help when they keep talking about doing away with the mortgage interest tax deduction!


2 posted on 08/22/2011 10:09:24 AM PDT by willk
[ Post Reply | Private Reply | To 1 | View Replies ]

To: illiac
Those of us who understood the correction that was coming and accurately forecast it also contribute here. We know the market is nowhere near bottomed out and I for one am encouraging people to rent and wait it out until the inevitable drops come.

And I ask people, who has more credibility - those who explained this was coming or those who told people not to worry and blew this off?

3 posted on 08/22/2011 10:13:29 AM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: illiac

the prices are now even more inflated. The home prices are being proped up by the taxpayer in the polical hope (delusion) that prices will bounce up to save the mers banks like b of a.

The only resonable solution is for the banks to take a haircut and simply write off 100k off of all mortgages.


4 posted on 08/22/2011 10:27:25 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson