Laughing now is better than the alternative…to blow blood vessel about something we have very little control over. It’s way out of out hands.
Most of us here have been warning friends that this meltdown would come. A House worth 200k back in 2001, is worth 800k 4 years later? REALLY?!! BUT, factor in that dubya has ran the virtual dollar printing press for the last 7 years… the US dollar to be only worth HALF as much as it did when Clinton left office….so your 200k house is now worth 400k in 2008 dollars. Welcome to the new world order. The rich get richer and us poor slobs pick up the bill.