Posted on 09/22/2006 8:47:25 PM PDT by churchillbuff
They can work just fine in the right circumstance. But, they used to be about 20% of all mortgages done. When it got to them being 70% it became a problem.
>One thing about this article that's indisputable: there's never been a more ideal moment to add GOLD to your portfolio...<
Naw, I think I'll invest with one of those bee-u-teeful original Kinkade paintings. I will get to enjoy it and watch it soar in value (sigh).
Move to Ohio. Or Texas, or Iowa. Even the Carolinas. Make 70% of the income, but pay 30% as much for a home.
"To: stephenjohnbanker; onyx
Don't waste your time : )
If you're talking about onyx's post, ping her."
This has nothing to do with onyx, and you know it. Once again, you are trying to stir up trouble. I happen to agree with onyx on more than 90% of what she posts, and I have posted to her many times in the last few days with honorable effects. You, on the other hand, are a troublemaker, and a disruptor. How many times do I have to tell you not to post to me?? Jim Robinson is celebrating his 10th year with FR . Please, respect the accolade to him and find someone else to annoy.
Onyx, you can post to me anytime. Even if we disagree on a few things.
sjb
Yep, three years. They'll have to suck it up for a year.
Nope, I missed it. Send me a link, if you think its worth it. :-)
I'm sure you meant:
Jim Robinson is celebrating the 10th year of FR . . .
Actually, this couple will be "OK" apparently. They refinanced and got a payment just a bit higher than the original and much lower than the increased one. They'll end up paying more over the long term, but aren't in the dire straits they were in.
Another twit loser article to support the yellow-jellyfish-sping of the weak...
So move.
I think this guy might have to rob another bank...America is so cruel
Arise, ye prisoners of MacMansion . . .
More likely--given the apparent cash flow crisis--they'll have to eat it.
Agreed Howlin, a few days ago it was the old Abu Gharab smear from mr. Churchillbuff. Old Churchillbuff doesn't like the way the country runs. Funny, the real Churchill was quite a fan of America.
"I'm not talking about America and her ills.
I agree that we should all bury our heads in the sand and not talk about America's ills.
What ills? America is doing fine.
Amen
I also have a box where I keep all my warranties. Boringly normal rocks! :)
Shut up...they just might do it.
Is this a daily article or thread with a few new quotes or victims?
I posted a serious question on the end of the last thread attempting to get a little education on the topic and I killed the thread. This is basically the same thread.
/confused/
I will ask it again to anyone who can answer....
A poster on the other thread said the price of gold/silver would continue to appreciate over time due to a limited supply.
I asked if you could not apply the same logic to premium properties within reasonable commuting distances from major cities/downtowns.
This seems to make sense to me although I am sure there is no single rule for all markets.
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