The Current FReepathon Pays For The Current Quarters Expenses?
Well, now they will have a tax deduction to reduce their tax burden.
Exactly.
They are over mortgaged.
Wondering if they will soon be writing articles on the “near beautiful,” “near smart,” or “near sighted.”
Go to your nearest democrat representative, cry, and demand it as a human right.
That's less than 5x yearly earnings. NOT unaffordable, but they won't have much room in the budget for anything else. A mortgage of $150k, or less would have been FAR more responsible. They should have rented and worked on boosting their income before buying a house. Sucks for them now, because they won't be able to easily move and get better jobs in other places if they should find any.
They own a home, have two vehicles, one blackberry, have two jobs, get medical care. I am sure they eat. What’s the problem? Our grandparents would feel blessed.
The Current FReepathon Pays For The Current Quarters Expenses?
Even if you mortgaged the entire $230,000 your payment would be about $1400 p/m. That’s $16,800 p/y.
So here are some folks with no skills living good, and they are complaining.
Here ia my favorite line. They seem to be trying to attach people to the stupid occupy movement whether they agree or not:
“the findings can be thought of as putting numbers to the bleak national mood — quantifying the expressions of unease erupting in protests and political swings.”
Wow...That mortgage aint gonna end well.
Why does she work a 40 hour week and her employer gets to claim her as part-time? I’m curious as to who she is working for.
I’ll bet we are paying for that social workers blackberry and a lot more.
30 year sub-prime mortgage?
Here is the NY Times trying desperately to make us feel sorry for people. If they go to the bottom they find fat people on welfare with big screens and XBoxes, if they go up they find wealthier people complaining about the need to cut back a tiny bit from their lifestyle. No one feels sorry for them.
They are getting closer though. They actually found a couple who work and pay taxes. Notice how they skim right over the fact that if it weren’t for taxes, these people wouldn’t be “hurting” at all.
My wife and I have a combined yearly income of nearly at or around 70k(and I’m working two jobs). We’re middle-class to be sure and in our late 50s(closing in fast on 60). Homes in our little area , modest, one-story ranch homes mind you are valued at around 220k at a minimum. Brother we ain’t seen the half of it yet. If things get worse, and indications are going that way, only the Lord knows what we’ll do.
I feel much worse for people who did everything right, were earning $150K+ until 2 years ago until their jobs were sent to Asia, and now can’t find any work...at all.
Here in northern NJ, you can’t even fall back on lower-paying jobs; they require that you are an illegal alien, or at least fluent in Spanish or Portuguese. Cashiers, bank tellers, fast food, whatever - Americans need not apply. Americans who only owe $10K on their homes will lose them, and they’ll run up a property tax bill schooling those illegals’ children while doing it.
Maybe they had a $100,000 down payment?
I am surprised this is not worse.We have very little debt compared to most people and even we are feeling the pinch.Food and energy prices have rose so much that we are spending nearly twice what we did just 3 years ago for less than we were able to buy then.I could not imagine what those who had every dollar accounted for must be doing now?