[quote=briansd1][quote=flu]
FLU (sick and tired of everyone else enjoying the good life while being financially irresponsible)[/quote]
IMHO, that average person who lives a normal life and was financially responsible was helped by the economic bailouts.
Let’s forget about San Diego and the bubble markets where housing is unaffordable for the “average” person and everyone is stretching to buy the most house they afford in areas where Taxes + Mello Roos + HOA alone approach $1,000/month.
If you have a good job in an affordable area of the country; if you saved money consistently and did not invest/squander your money at the peak, I think that you’re doing well.
I have a friend who’s a former navy pilot. He saved his money, never invested in any bubble and never followed the financial markets. He bought an affordable house for about $260,000 at 3.75% fixed for 30 years. He’s doing well. There are millions of people like him across America. The low interest rates (a result of Fed action) were a window of opportunity.[/quote]
Yeah, squandering our kid’s future so folks can live the present day all cushy and folks can stay in homes without paying their financial obligations…Makes sense to me…
F that….. Spend spend spend I say. I snapped and don’t give a crap anymore…Heck, I’m joining them…..
