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To: george76

These people wouldn’t be complaining if their homes would be worth MORE than they owe.


3 posted on 02/24/2010 3:02:31 PM PST by bergmeid (Gas up the truck and pedal to the metal!)
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To: bergmeid

Yes the banks weren’t complaining either when they were artificially inflating property values.


4 posted on 02/24/2010 3:05:29 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: bergmeid

“These people wouldn’t be complaining if their homes would be worth MORE than they owe.”


Wasn’t that what they used to call equity? :-)

C’mon home values will ALWAYS rise you know that....:-0


5 posted on 02/24/2010 3:05:29 PM PST by CommieCutter ("You wanted the presidency, you got it, now FIX THE DAMN ECONOMY!!!!" ----YankeeReb)
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To: bergmeid

Good point. Mine is paid off but worth less now than two years ago. I doubt that will make the news.


6 posted on 02/24/2010 3:05:31 PM PST by pfflier
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To: bergmeid

neither would banks.

Their execs would be buying the homes fro their own use.


12 posted on 02/24/2010 3:10:50 PM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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