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  • July 26, 2010 at 11:24 PM #17756
    scaredyclassic
    Participant

    what if the governemnt just flat outside, if you buy a house from today, forward, the federal government will guarantee you won’t lose money. if you try to sell it and it sells for less than you paid, we’ll send youa check for the difference. Would that not stimulate? would it be more expensive than what we’re doing now? we could get back to all sorts of crazy loans, rapid jumps in equity and just generally get the party started again.

    July 27, 2010 at 1:15 AM #583614
    CA renter
    Participant

    Isn’t that pretty much what they’re already doing? Sounds to me like everyone from the President to Bernanke on down is insisting that nobody lose money on housing.

    That’s why all us renters are being forced to keep renting (either that, or seriously overpay for a house)…so the deadbeats can live for free and pretend that their houses are worth what they were in 2005. In the meantime, we get to collect sub-1% interest on our savings. It’s all good.

    July 27, 2010 at 1:15 AM #583721
    CA renter
    Participant

    Isn’t that pretty much what they’re already doing? Sounds to me like everyone from the President to Bernanke on down is insisting that nobody lose money on housing.

    That’s why all us renters are being forced to keep renting (either that, or seriously overpay for a house)…so the deadbeats can live for free and pretend that their houses are worth what they were in 2005. In the meantime, we get to collect sub-1% interest on our savings. It’s all good.

    July 27, 2010 at 1:15 AM #583079
    CA renter
    Participant

    Isn’t that pretty much what they’re already doing? Sounds to me like everyone from the President to Bernanke on down is insisting that nobody lose money on housing.

    That’s why all us renters are being forced to keep renting (either that, or seriously overpay for a house)…so the deadbeats can live for free and pretend that their houses are worth what they were in 2005. In the meantime, we get to collect sub-1% interest on our savings. It’s all good.

    July 27, 2010 at 1:15 AM #584025
    CA renter
    Participant

    Isn’t that pretty much what they’re already doing? Sounds to me like everyone from the President to Bernanke on down is insisting that nobody lose money on housing.

    That’s why all us renters are being forced to keep renting (either that, or seriously overpay for a house)…so the deadbeats can live for free and pretend that their houses are worth what they were in 2005. In the meantime, we get to collect sub-1% interest on our savings. It’s all good.

    July 27, 2010 at 1:15 AM #582987
    CA renter
    Participant

    Isn’t that pretty much what they’re already doing? Sounds to me like everyone from the President to Bernanke on down is insisting that nobody lose money on housing.

    That’s why all us renters are being forced to keep renting (either that, or seriously overpay for a house)…so the deadbeats can live for free and pretend that their houses are worth what they were in 2005. In the meantime, we get to collect sub-1% interest on our savings. It’s all good.

    July 27, 2010 at 7:05 AM #584070
    scaredyclassic
    Participant

    I agree; but why not make it explicit. He’ll even I’d buy a house. Since the game is rigged anyway why pretend. Just firmly put in a bottom make it a requirement u live there 5 years and prices will remain high and sales will occur without the govt spending Amy money down

    FDIC type insurance for housing

    July 27, 2010 at 7:05 AM #583032
    scaredyclassic
    Participant

    I agree; but why not make it explicit. He’ll even I’d buy a house. Since the game is rigged anyway why pretend. Just firmly put in a bottom make it a requirement u live there 5 years and prices will remain high and sales will occur without the govt spending Amy money down

    FDIC type insurance for housing

    July 27, 2010 at 7:05 AM #583124
    scaredyclassic
    Participant

    I agree; but why not make it explicit. He’ll even I’d buy a house. Since the game is rigged anyway why pretend. Just firmly put in a bottom make it a requirement u live there 5 years and prices will remain high and sales will occur without the govt spending Amy money down

    FDIC type insurance for housing

    July 27, 2010 at 7:05 AM #583766
    scaredyclassic
    Participant

    I agree; but why not make it explicit. He’ll even I’d buy a house. Since the game is rigged anyway why pretend. Just firmly put in a bottom make it a requirement u live there 5 years and prices will remain high and sales will occur without the govt spending Amy money down

    FDIC type insurance for housing

    July 27, 2010 at 7:05 AM #583659
    scaredyclassic
    Participant

    I agree; but why not make it explicit. He’ll even I’d buy a house. Since the game is rigged anyway why pretend. Just firmly put in a bottom make it a requirement u live there 5 years and prices will remain high and sales will occur without the govt spending Amy money down

    FDIC type insurance for housing

    July 27, 2010 at 7:42 AM #583042
    carlsbadworker
    Participant

    People need to understand: foreclosure is not the problem; foreclosure is the solution.
    A housing bust is only devastating because it reflects the huge mis-allocation of capital during the housing boom.

    July 27, 2010 at 7:42 AM #584080
    carlsbadworker
    Participant

    People need to understand: foreclosure is not the problem; foreclosure is the solution.
    A housing bust is only devastating because it reflects the huge mis-allocation of capital during the housing boom.

    July 27, 2010 at 7:42 AM #583776
    carlsbadworker
    Participant

    People need to understand: foreclosure is not the problem; foreclosure is the solution.
    A housing bust is only devastating because it reflects the huge mis-allocation of capital during the housing boom.

    July 27, 2010 at 7:42 AM #583134
    carlsbadworker
    Participant

    People need to understand: foreclosure is not the problem; foreclosure is the solution.
    A housing bust is only devastating because it reflects the huge mis-allocation of capital during the housing boom.

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