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  • December 2, 2009 at 10:51 PM #490589
    CA renter
    Participant

    [quote=HLS]

    Foreclosures are not the problem, foreclosures are the solution. Houses wont sit empty, they will be purchased for what they are worth and what buyers can afford to qualify for at the time.

    Don’t forget, mortgage rates are near the lowest ever, yet millions cannot qualify for one reason or another.[/quote]

    This cannot be repeated enough. So many people still don’t get it.

    It’s not a “foreclosure crisis.” The crisis occurred when credit was expanded to such an extent that housing prices became so unaffordable that foreclosures were **guaranteed** to happen.

    December 3, 2009 at 4:33 AM #489761
    Ex-SD
    Participant

    As usual, HLS has hit the nail squarely on the head.

    December 3, 2009 at 4:33 AM #489927
    Ex-SD
    Participant

    As usual, HLS has hit the nail squarely on the head.

    December 3, 2009 at 4:33 AM #490310
    Ex-SD
    Participant

    As usual, HLS has hit the nail squarely on the head.

    December 3, 2009 at 4:33 AM #490398
    Ex-SD
    Participant

    As usual, HLS has hit the nail squarely on the head.

    December 3, 2009 at 4:33 AM #490629
    Ex-SD
    Participant

    As usual, HLS has hit the nail squarely on the head.

    December 3, 2009 at 9:07 AM #489811
    scaredyclassic
    Participant

    so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?

    December 3, 2009 at 9:07 AM #489977
    scaredyclassic
    Participant

    so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?

    December 3, 2009 at 9:07 AM #490360
    scaredyclassic
    Participant

    so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?

    December 3, 2009 at 9:07 AM #490448
    scaredyclassic
    Participant

    so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?

    December 3, 2009 at 9:07 AM #490679
    scaredyclassic
    Participant

    so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?

    December 3, 2009 at 9:12 AM #489816
    Arraya
    Participant

    [quote=scaredycat]so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?[/quote]

    Next they are going to legislate home price declines as illegal or helicopter drop cash into mira mesa

    December 3, 2009 at 9:12 AM #489982
    Arraya
    Participant

    [quote=scaredycat]so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?[/quote]

    Next they are going to legislate home price declines as illegal or helicopter drop cash into mira mesa

    December 3, 2009 at 9:12 AM #490365
    Arraya
    Participant

    [quote=scaredycat]so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?[/quote]

    Next they are going to legislate home price declines as illegal or helicopter drop cash into mira mesa

    December 3, 2009 at 9:12 AM #490453
    Arraya
    Participant

    [quote=scaredycat]so what is the next level of intervention? how much more inteventionized can it get? can interest rates get significantly lower? can the govt raise the tax credit? is there some sneaky new plan that hasn’t been yet unleashed? how could a govt hell-bent on keeping prices high accomplish it?[/quote]

    Next they are going to legislate home price declines as illegal or helicopter drop cash into mira mesa

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