To: TigerLikesRooster
Wasn't one of the contributing factors to the housing bubble bringing in every Mexican who could figure out which end of the hammer to hold to build as many houses as possible? Maybe we can get them to misreport their pay on their loan apps again: "Si, I made 100,000 pesos ... I mean dollars last year" so they can buy half million dollar 800 square foot houses in California.
8 posted on
03/17/2009 8:05:25 AM PDT by
KarlInOhio
(Obama: removing the speed limit on the Road to Serfdom)
To: KarlInOhio
They were building and “buying”. If you call putting nothing down on an interest only variable rate loan “buying”.
11 posted on
03/17/2009 8:08:56 AM PDT by
skeeter
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