- This topic has 90 replies, 15 voices, and was last updated 17 years, 4 months ago by lendingbubblecontinues.
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August 27, 2007 at 1:30 PM #81778August 27, 2007 at 1:38 PM #81653sdrealtorParticipant
Around here its not statistically insignificant. Dont get me wrong, I’m not for a bailout and prefer to let the market forces do what they may. But the people who benefited by the problems with the system and sold with big gains seem to be among the most vosciferous when it comes to the bailout topic. It reminds me of individuals screaming to close the borders to immigration when they are the descendants of immigrants themselves. Just a bit hipocritical IMO.
August 27, 2007 at 1:38 PM #81804sdrealtorParticipantAround here its not statistically insignificant. Dont get me wrong, I’m not for a bailout and prefer to let the market forces do what they may. But the people who benefited by the problems with the system and sold with big gains seem to be among the most vosciferous when it comes to the bailout topic. It reminds me of individuals screaming to close the borders to immigration when they are the descendants of immigrants themselves. Just a bit hipocritical IMO.
August 27, 2007 at 1:38 PM #81786sdrealtorParticipantAround here its not statistically insignificant. Dont get me wrong, I’m not for a bailout and prefer to let the market forces do what they may. But the people who benefited by the problems with the system and sold with big gains seem to be among the most vosciferous when it comes to the bailout topic. It reminds me of individuals screaming to close the borders to immigration when they are the descendants of immigrants themselves. Just a bit hipocritical IMO.
August 27, 2007 at 1:56 PM #81668NotCrankyParticipant“Anyone who wishes to know my market views just visit my blog.”
It seems that if I had bought into your market views Chris I would have thought the last year or so was still a good time to buy and that a “bail out” would never be necessary.
August 27, 2007 at 1:56 PM #81819NotCrankyParticipant“Anyone who wishes to know my market views just visit my blog.”
It seems that if I had bought into your market views Chris I would have thought the last year or so was still a good time to buy and that a “bail out” would never be necessary.
August 27, 2007 at 1:56 PM #81802NotCrankyParticipant“Anyone who wishes to know my market views just visit my blog.”
It seems that if I had bought into your market views Chris I would have thought the last year or so was still a good time to buy and that a “bail out” would never be necessary.
August 27, 2007 at 2:19 PM #81807lendingbubblecontinuesParticipantc’mon sdr….we are nearly all descendants of immigrants; most of us just happen to be descendants of immigrants who came here legally….MAJOR difference there, don’t you think?
also, I strongly doubt the assertion that there were many people who sold at the top and are now renting in San Diego (or anywhere, for that matter)
August 27, 2007 at 2:19 PM #81674lendingbubblecontinuesParticipantc’mon sdr….we are nearly all descendants of immigrants; most of us just happen to be descendants of immigrants who came here legally….MAJOR difference there, don’t you think?
also, I strongly doubt the assertion that there were many people who sold at the top and are now renting in San Diego (or anywhere, for that matter)
August 27, 2007 at 2:19 PM #81825lendingbubblecontinuesParticipantc’mon sdr….we are nearly all descendants of immigrants; most of us just happen to be descendants of immigrants who came here legally….MAJOR difference there, don’t you think?
also, I strongly doubt the assertion that there were many people who sold at the top and are now renting in San Diego (or anywhere, for that matter)
August 27, 2007 at 2:38 PM #81704CritterParticipantHow about if loan officers give back some of their ill-gotten gains for putting people in lousy loans that paid higher commissions? And agents who made huge commissions when home prices were at their peak – these same agents who recommended those prices in the first place?
Homeowners that sold at the peak are not the only ones who profited during these crazy times.
August 27, 2007 at 2:38 PM #81838CritterParticipantHow about if loan officers give back some of their ill-gotten gains for putting people in lousy loans that paid higher commissions? And agents who made huge commissions when home prices were at their peak – these same agents who recommended those prices in the first place?
Homeowners that sold at the peak are not the only ones who profited during these crazy times.
August 27, 2007 at 2:38 PM #81855CritterParticipantHow about if loan officers give back some of their ill-gotten gains for putting people in lousy loans that paid higher commissions? And agents who made huge commissions when home prices were at their peak – these same agents who recommended those prices in the first place?
Homeowners that sold at the peak are not the only ones who profited during these crazy times.
August 27, 2007 at 2:48 PM #81707NotCrankyParticipantI agree with you critter but only if the buyer is foreclosed on and the agent didn’t warn them about the possibility of being upside down. Maybe that should be a new required in writing disclosure.
Bubble are you or were you in RE financing?August 27, 2007 at 2:48 PM #81841NotCrankyParticipantI agree with you critter but only if the buyer is foreclosed on and the agent didn’t warn them about the possibility of being upside down. Maybe that should be a new required in writing disclosure.
Bubble are you or were you in RE financing? -
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