Carly fiorina is making a point on Greta that is moronic. In essence, a buyer complains that they can no longer afford the mortgage because the value of the house has fallen. This is like saying that you can no longer afford the car payment because the value of the car has fallen. I think that if a person can afford the mortgage payment even though the value of the house has fallen, then the payments need to be made regardless. If the person can not afford to make the payments because they got into a situation that should have avoided, tough luck. The Government should let well enough alone.
So, in ten years when I go to sell, the house I could afford, I can only sell it for 250k, I walk away owing the difference btw 400 and 250?? Is he frikking serious???
“Carly fiorina is making a point on Greta that is moronic.”
‘cause she is. She ran HPQ to the ground. I was short all the way.