I was referring to ‘now the owners get to stay and don’t have to pay a mortgage payment or rent for one or two years.
And just think of the size of the downpayments they’ll have saved up when they finally do get kicked out. We’ll be competing against these people for homes in a couple of years. And you know the banks will loan them money again…
I’ll be impressed if they actually save money. The saddest thing is so few people are capable of saving. Americans are major consumers. They are accustomed to their lifestyle. They have their credit cards, car payments, student loans, their toys, luxury items, massages and nails and golfing, etc. etc. and now that the ATM HELOC is closed, they need the mortgage payment money to stay current on everything else, and that’s if they still have a job. Besides, eating at PF Changs regularly can cut into your savings 😉
I’ll be impressed if they actually save money. The saddest thing is so few people are capable of saving. Americans are major consumers. They are accustomed to their lifestyle. They have their credit cards, car payments, student loans, their toys, luxury items, massages and nails and golfing, etc. etc. and now that the ATM HELOC is closed, they need the mortgage payment money to stay current on everything else, and that’s if they still have a job. Besides, eating at PF Changs regularly can cut into your savings 😉
I’ll be impressed if they actually save money. The saddest thing is so few people are capable of saving. Americans are major consumers. They are accustomed to their lifestyle. They have their credit cards, car payments, student loans, their toys, luxury items, massages and nails and golfing, etc. etc. and now that the ATM HELOC is closed, they need the mortgage payment money to stay current on everything else, and that’s if they still have a job. Besides, eating at PF Changs regularly can cut into your savings 😉
I’ll be impressed if they actually save money. The saddest thing is so few people are capable of saving. Americans are major consumers. They are accustomed to their lifestyle. They have their credit cards, car payments, student loans, their toys, luxury items, massages and nails and golfing, etc. etc. and now that the ATM HELOC is closed, they need the mortgage payment money to stay current on everything else, and that’s if they still have a job. Besides, eating at PF Changs regularly can cut into your savings 😉
I’ll be impressed if they actually save money. The saddest thing is so few people are capable of saving. Americans are major consumers. They are accustomed to their lifestyle. They have their credit cards, car payments, student loans, their toys, luxury items, massages and nails and golfing, etc. etc. and now that the ATM HELOC is closed, they need the mortgage payment money to stay current on everything else, and that’s if they still have a job. Besides, eating at PF Changs regularly can cut into your savings 😉
