I cannot recall a single post where I wished bad things upon any people at all. I have said over and over again that people who could not afford a home should never have bought one.
Please do not preach to me about the American Dream Dean. The American Dream is to own a home and it is a priviledge not a right. You don’t buy a home because you deserve it, you buy a home because you have put yourself in a spot to where you can buy it. I have NEVER advocated to ANYONE in the past to buy a home that I didn’t think they can afford. What you said about people taking a chance is EXACTLY why the housing market went to where it should not have gone. You should not “take a chance” when you buy a home Dean. You “take a chance” when you go to Vegas, or when you ask a out who is way out of your league. You don’t “take a chance” when you buy a home. I am not kicking anyone who is down. If they bought a home and didn’t understand the ramifications of the situation they got themselves into then that is unfortunate. I don’t distinguish between it being a house or a car or running up the old credit card. I don’t wish that upon anyone but it has happened to alot of people. Overall it is healthier for our society and economy as a whole if consumption is kept in check by the means of the consumer.
It doesn’t matter if it is engineering or real estate of which I do both, logic matters.