Will people never learn?
That famous economic analyst Karl Marx said, “History repeats, first as tragedy, then as farce.” That’s particularly apt in the financial realm.
Hope they enjoy their trips to Vegas or where ever.Hope they also enjoy living in a tent if there’s another crash.
Nope, they’ll never learn. Refinance, borrow more against the house.... then use the extra cash to go on a cruise or some other quality investment :)
Will people never learn?
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Answer: NO....that’s why they’re called “people” :(
They have learned to whine “Why should I loose my house, while the bankers don’t go to jail as I’m just a victim.”