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  • July 1, 2009 at 4:25 PM #424240
    patientrenter
    Participant

    Ah f*

    July 1, 2009 at 5:41 PM #423569
    peterb
    Participant

    Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful.

    July 1, 2009 at 5:41 PM #423799
    peterb
    Participant

    Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful.

    July 1, 2009 at 5:41 PM #424078
    peterb
    Participant

    Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful.

    July 1, 2009 at 5:41 PM #424148
    peterb
    Participant

    Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful.

    July 1, 2009 at 5:41 PM #424310
    peterb
    Participant

    Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful.

    July 1, 2009 at 6:32 PM #423584
    patientrenter
    Participant

    [quote=peterb]Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful. [/quote]

    I disagree. If you throw money at something, it doesn’t all come back. This particular action will funnel some real money into supporting higher home prices.

    We keep putting our heads in the sand saying that all the govt money will have no real impact. The govt money funneled into housing in the last 2 years has reached many trillions. More is going in. It has already had an impact. It is having an impact now. It will continue to have an impact. It is the largest government fiscal action since WW2.

    July 1, 2009 at 6:32 PM #423814
    patientrenter
    Participant

    [quote=peterb]Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful. [/quote]

    I disagree. If you throw money at something, it doesn’t all come back. This particular action will funnel some real money into supporting higher home prices.

    We keep putting our heads in the sand saying that all the govt money will have no real impact. The govt money funneled into housing in the last 2 years has reached many trillions. More is going in. It has already had an impact. It is having an impact now. It will continue to have an impact. It is the largest government fiscal action since WW2.

    July 1, 2009 at 6:32 PM #424093
    patientrenter
    Participant

    [quote=peterb]Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful. [/quote]

    I disagree. If you throw money at something, it doesn’t all come back. This particular action will funnel some real money into supporting higher home prices.

    We keep putting our heads in the sand saying that all the govt money will have no real impact. The govt money funneled into housing in the last 2 years has reached many trillions. More is going in. It has already had an impact. It is having an impact now. It will continue to have an impact. It is the largest government fiscal action since WW2.

    July 1, 2009 at 6:32 PM #424163
    patientrenter
    Participant

    [quote=peterb]Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful. [/quote]

    I disagree. If you throw money at something, it doesn’t all come back. This particular action will funnel some real money into supporting higher home prices.

    We keep putting our heads in the sand saying that all the govt money will have no real impact. The govt money funneled into housing in the last 2 years has reached many trillions. More is going in. It has already had an impact. It is having an impact now. It will continue to have an impact. It is the largest government fiscal action since WW2.

    July 1, 2009 at 6:32 PM #424325
    patientrenter
    Participant

    [quote=peterb]Typical govt. Close the barn door after all the animals have left. This does give the illusion like they’re trying to help. But now that so many are well beyond having 125% of value help them out, it’s really a political move to look helpful. [/quote]

    I disagree. If you throw money at something, it doesn’t all come back. This particular action will funnel some real money into supporting higher home prices.

    We keep putting our heads in the sand saying that all the govt money will have no real impact. The govt money funneled into housing in the last 2 years has reached many trillions. More is going in. It has already had an impact. It is having an impact now. It will continue to have an impact. It is the largest government fiscal action since WW2.

    July 1, 2009 at 6:42 PM #423589
    peterb
    Participant

    I dont think loan mods have done too much, nor any other home owner “bailout” plan. But foreclosure moratoria and banks desire to stay solvent have been the real blockers in this market. Home owners dont have lobbiest, so I doubt very much they’ll be saved. Just sayin what I see.

    July 1, 2009 at 6:42 PM #423819
    peterb
    Participant

    I dont think loan mods have done too much, nor any other home owner “bailout” plan. But foreclosure moratoria and banks desire to stay solvent have been the real blockers in this market. Home owners dont have lobbiest, so I doubt very much they’ll be saved. Just sayin what I see.

    July 1, 2009 at 6:42 PM #424098
    peterb
    Participant

    I dont think loan mods have done too much, nor any other home owner “bailout” plan. But foreclosure moratoria and banks desire to stay solvent have been the real blockers in this market. Home owners dont have lobbiest, so I doubt very much they’ll be saved. Just sayin what I see.

    July 1, 2009 at 6:42 PM #424168
    peterb
    Participant

    I dont think loan mods have done too much, nor any other home owner “bailout” plan. But foreclosure moratoria and banks desire to stay solvent have been the real blockers in this market. Home owners dont have lobbiest, so I doubt very much they’ll be saved. Just sayin what I see.

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