Posted on 05/04/2007 7:06:40 AM PDT by sportutegrl
Yes, I’d be interested in the anwsers to your questions. Usually to buy a house other than your own residence, you need to have a minimum of 20% down. If you added up all three houses, that would be some seriously down money.
Hillary says that sounds perfectly reasonable. All you have to do is vote for her and you’ll get it.
Not unless she puts something in his pocket first.
Interesting.
Oh, financial ruin....the humanity!
(hope they enjoyed those H2’s they bought with their winnings)
Right on. The wave of building was driven by a rapid increase in demand, fueled by low interest rates at first, and then the skyrocketing market caused by lack of supply (making people decide to jump before the prices got worse).
Once people start making decisions based on inflation (and that’s what these home buyers were doing, trying to beat the inflation in the housing market), the market is generally doomed.
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