- This topic has 70 replies, 10 voices, and was last updated 14 years, 11 months ago by
Arraya.
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March 26, 2010 at 4:33 PM #531847March 27, 2010 at 8:48 PM #532418
CA renter
Participant[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
March 27, 2010 at 8:48 PM #532289CA renter
Participant[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
March 27, 2010 at 8:48 PM #532871CA renter
Participant[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
March 27, 2010 at 8:48 PM #532968CA renter
Participant[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
March 27, 2010 at 8:48 PM #533227CA renter
Participant[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
March 27, 2010 at 8:53 PM #532423Arraya
ParticipantNo morals, no hazard
March 27, 2010 at 8:53 PM #532294Arraya
ParticipantNo morals, no hazard
March 27, 2010 at 8:53 PM #532876Arraya
ParticipantNo morals, no hazard
March 27, 2010 at 8:53 PM #532973Arraya
ParticipantNo morals, no hazard
March 27, 2010 at 8:53 PM #533232Arraya
ParticipantNo morals, no hazard
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