Unabating Foreclosures Ravage Southern California

NPR ^

[ketsu]

I think girls and boys sitting in school together being taught sex education from an adult point of view leads them to search (movies,internet, etc.)and experiment. I agree that there are a number of things that lead to the promiscuity that we see. To say one is ranked higher than another is a tough call.

Trust me it's not. If you talk to young people today their values are almost entirely shaped by television and, increasingly, the internet. School has very little to do with it aside from being a place where kids are in close proximity to one another.

[taxesareforever]

School has very little to do with it aside from being a place where kids are in close proximity to one another.

And on that, we will disagree.

[taxesareforever]

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=60004

[purpleraine]

I think you’ve got it right. I would add that Chinese from Hong Kong, anticipating coming under the control of China, put $5 billion in California and mitigated much of the negative impact on the state.

[purpleraine]

If you or yours are in a bind, talk to whoever has your loan. Many lenders are in negotiating mode and don’t really want foreclosures on their hands.

[snowsislander]

If you or yours are in a bind, talk to whoever has your loan. Many lenders are in negotiating mode and don’t really want foreclosures on their hands.

No, it's nothing personal; I am just curious how one can "trade" non-assumable mortgages.

[purpleraine]

The leverage is against the lenders now. They really have their hands full of properties. Some are bundling and selling for 50-60 cents on the dollar (market vallue). Some are open to deals.

[taxesareforever]

School has very little to do with it aside from being a place where kids are in close proximity to one another.

http://www.philly.com/philly/hp/news_update/20080217_Sex_education_led_by_teens_divides_parents.html

[Eva]

I remember, back in the eighties when, thanks to Jimmy Carter, the interest rates rose to 18%. That’s right, 18%, and then they took away the assumable mortgages. If you think the housing market is bad now, you should have seen it back then. People were building customs homes that they never got to move into because they couldn’t afford to convert to a regular mortgage. People were taking seconds to help sell their homes and then when the new buyers defaulted, the sellers ended up either taking the house back, or losing their money because, the housing prices were dropping so fast.

Then came the nineties and attempts to limit growth, and the Mello Roos developer fees and the housing prices went up $100,000 in one year. The prices have been up and down since then but never as bad as they were in the eighties.