How many times do I have to remind people that there a negative savings rate in the US?? Posters here are an exception to this and generally have good financial management skills. That is not the norm right now. It is a mistake to extrapolate that characterisitc to population in general.
No kidding, americans are bad savers? Really? 🙂
but how many people who are "serious" buyers don't have some financial plan or financially capable? Haven't we already eliminated all the normal 100% financing people from the prospective buyer list?
