BOO freakin’ HOO

[hipmatt]

“It’s very expensive to live in Orange County, and you pay a lot for your home and you can’t get what it’s worth now.”

.. NO, you paid a lot more for your home than it’s worth… it’s just now starting to get closer to what it should be.

“We’re still both in shock that it could go from something so good to so bad so quick,” said Kent, 59. “New Century in 60 days went from top of the heap to out of business.”

.. it’s funny how many “educated and trained” people in the business, on wall street, and in the media couldn’t see this coming. You never hear a responsible person quoted in the media, like a piggie… saying that prices are insane, and loaning money to people with bad credit, no savings, no documentation makes no sense and is HIGHLY risky and could most likely end badly. To say this (housing crash/subprime defaults) was a “shock” has to be the most over-used line of BS this decade.

[jamsvet]

I noticed that they managed to have a home equity line rather than living off their income. I’m always amazed that 6 figure incomes need to use the equity in their homes to support a certain style of living.

BTW our Corvette Z06 got 24.9 MPG average from SD to Scottsdale and back.

[jamsvet]

I noticed that they managed to have a home equity line rather than living off their income. I’m always amazed that 6 figure incomes need to use the equity in their homes to support a certain style of living.

BTW our Corvette Z06 got 24.9 MPG average from SD to Scottsdale and back.

[jamsvet]

I noticed that they managed to have a home equity line rather than living off their income. I’m always amazed that 6 figure incomes need to use the equity in their homes to support a certain style of living.

BTW our Corvette Z06 got 24.9 MPG average from SD to Scottsdale and back.

[jamsvet]

I noticed that they managed to have a home equity line rather than living off their income. I’m always amazed that 6 figure incomes need to use the equity in their homes to support a certain style of living.

BTW our Corvette Z06 got 24.9 MPG average from SD to Scottsdale and back.

[jamsvet]

I noticed that they managed to have a home equity line rather than living off their income. I’m always amazed that 6 figure incomes need to use the equity in their homes to support a certain style of living.

BTW our Corvette Z06 got 24.9 MPG average from SD to Scottsdale and back.

[dejams]

Freaking unbelievable! Why trade for Suburban when you can get better mileage and less depreciation for a Prius, Accord or Camry? Oh, some big sacrifice. What’s wrong with leftover? Isn’t it still food if not spoiled? Man, these people need to learn to be frugal and humble. Maybe someone should send this family to a 3rd world country to see what life is like so they can appreciate what they have instead of whining about what they used to have.

[dejams]

Freaking unbelievable! Why trade for Suburban when you can get better mileage and less depreciation for a Prius, Accord or Camry? Oh, some big sacrifice. What’s wrong with leftover? Isn’t it still food if not spoiled? Man, these people need to learn to be frugal and humble. Maybe someone should send this family to a 3rd world country to see what life is like so they can appreciate what they have instead of whining about what they used to have.

[dejams]

Freaking unbelievable! Why trade for Suburban when you can get better mileage and less depreciation for a Prius, Accord or Camry? Oh, some big sacrifice. What’s wrong with leftover? Isn’t it still food if not spoiled? Man, these people need to learn to be frugal and humble. Maybe someone should send this family to a 3rd world country to see what life is like so they can appreciate what they have instead of whining about what they used to have.

[dejams]

Freaking unbelievable! Why trade for Suburban when you can get better mileage and less depreciation for a Prius, Accord or Camry? Oh, some big sacrifice. What’s wrong with leftover? Isn’t it still food if not spoiled? Man, these people need to learn to be frugal and humble. Maybe someone should send this family to a 3rd world country to see what life is like so they can appreciate what they have instead of whining about what they used to have.

[dejams]

Freaking unbelievable! Why trade for Suburban when you can get better mileage and less depreciation for a Prius, Accord or Camry? Oh, some big sacrifice. What’s wrong with leftover? Isn’t it still food if not spoiled? Man, these people need to learn to be frugal and humble. Maybe someone should send this family to a 3rd world country to see what life is like so they can appreciate what they have instead of whining about what they used to have.

[Aecetia]

Is it scary? Yes. It is for the rest of us who have been living within our means for years. What is scary is how many more stories like this the media is going to print.

[Aecetia]

Is it scary? Yes. It is for the rest of us who have been living within our means for years. What is scary is how many more stories like this the media is going to print.

[Aecetia]

Is it scary? Yes. It is for the rest of us who have been living within our means for years. What is scary is how many more stories like this the media is going to print.

[Aecetia]

Is it scary? Yes. It is for the rest of us who have been living within our means for years. What is scary is how many more stories like this the media is going to print.

[Author]

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