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TheBreeze.
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January 16, 2009 at 11:03 AM #330446January 16, 2009 at 11:15 AM #329928
blahblahblah
Participant“Why are decreasing prices a problem?”
Because it just causes the economy to freeze,
People can’t sell (can’t sell to cover their mortgage) they can’t move.
They can’t move they can’t relocate, retire etc… (the list goes on an on).
Heck I have even heard of divorces put on hold.
Too bad, so sad. YOU ARE THE WEAKEST LINK, GOODBYE! If you can’t sell your house then you don’t sell it. If you can’t afford to pay your mortgage then GET THE HELL OUT OF IT and let someone who CAN afford it move in. If no one can afford it then the price needs to drop. If you can’t retire then you didn’t plan correctly and you need to suffer the consequences. If you can’t afford to get divorced then obviously you don’t hate each other that much or you’d find a way to make that work, too.
The same people whining about falling prices are the ones that have no pity for the homeless on the street because “they deserve it — they didn’t work hard enough”. Now that it’s their ass on the line they want mommy government to come and bail them out. THIS MAKES ME WANT TO VOMIT.
Do we live in a free-market system or a centrally-planned economy? I thought we learned that central planning doesn’t work when the Soviet Union collapsed. Looks to me like we’re going to have to learn it the hard way just like they did…
January 16, 2009 at 11:15 AM #330266Participant“Why are decreasing prices a problem?”
Because it just causes the economy to freeze,
People can’t sell (can’t sell to cover their mortgage) they can’t move.
They can’t move they can’t relocate, retire etc… (the list goes on an on).
Heck I have even heard of divorces put on hold.
Too bad, so sad. YOU ARE THE WEAKEST LINK, GOODBYE! If you can’t sell your house then you don’t sell it. If you can’t afford to pay your mortgage then GET THE HELL OUT OF IT and let someone who CAN afford it move in. If no one can afford it then the price needs to drop. If you can’t retire then you didn’t plan correctly and you need to suffer the consequences. If you can’t afford to get divorced then obviously you don’t hate each other that much or you’d find a way to make that work, too.
The same people whining about falling prices are the ones that have no pity for the homeless on the street because “they deserve it — they didn’t work hard enough”. Now that it’s their ass on the line they want mommy government to come and bail them out. THIS MAKES ME WANT TO VOMIT.
Do we live in a free-market system or a centrally-planned economy? I thought we learned that central planning doesn’t work when the Soviet Union collapsed. Looks to me like we’re going to have to learn it the hard way just like they did…
January 16, 2009 at 11:15 AM #330339Participant“Why are decreasing prices a problem?”
Because it just causes the economy to freeze,
People can’t sell (can’t sell to cover their mortgage) they can’t move.
They can’t move they can’t relocate, retire etc… (the list goes on an on).
Heck I have even heard of divorces put on hold.
Too bad, so sad. YOU ARE THE WEAKEST LINK, GOODBYE! If you can’t sell your house then you don’t sell it. If you can’t afford to pay your mortgage then GET THE HELL OUT OF IT and let someone who CAN afford it move in. If no one can afford it then the price needs to drop. If you can’t retire then you didn’t plan correctly and you need to suffer the consequences. If you can’t afford to get divorced then obviously you don’t hate each other that much or you’d find a way to make that work, too.
The same people whining about falling prices are the ones that have no pity for the homeless on the street because “they deserve it — they didn’t work hard enough”. Now that it’s their ass on the line they want mommy government to come and bail them out. THIS MAKES ME WANT TO VOMIT.
Do we live in a free-market system or a centrally-planned economy? I thought we learned that central planning doesn’t work when the Soviet Union collapsed. Looks to me like we’re going to have to learn it the hard way just like they did…
January 16, 2009 at 11:15 AM #330367Participant“Why are decreasing prices a problem?”
Because it just causes the economy to freeze,
People can’t sell (can’t sell to cover their mortgage) they can’t move.
They can’t move they can’t relocate, retire etc… (the list goes on an on).
Heck I have even heard of divorces put on hold.
Too bad, so sad. YOU ARE THE WEAKEST LINK, GOODBYE! If you can’t sell your house then you don’t sell it. If you can’t afford to pay your mortgage then GET THE HELL OUT OF IT and let someone who CAN afford it move in. If no one can afford it then the price needs to drop. If you can’t retire then you didn’t plan correctly and you need to suffer the consequences. If you can’t afford to get divorced then obviously you don’t hate each other that much or you’d find a way to make that work, too.
The same people whining about falling prices are the ones that have no pity for the homeless on the street because “they deserve it — they didn’t work hard enough”. Now that it’s their ass on the line they want mommy government to come and bail them out. THIS MAKES ME WANT TO VOMIT.
Do we live in a free-market system or a centrally-planned economy? I thought we learned that central planning doesn’t work when the Soviet Union collapsed. Looks to me like we’re going to have to learn it the hard way just like they did…
January 16, 2009 at 11:15 AM #330451Participant“Why are decreasing prices a problem?”
Because it just causes the economy to freeze,
People can’t sell (can’t sell to cover their mortgage) they can’t move.
They can’t move they can’t relocate, retire etc… (the list goes on an on).
Heck I have even heard of divorces put on hold.
Too bad, so sad. YOU ARE THE WEAKEST LINK, GOODBYE! If you can’t sell your house then you don’t sell it. If you can’t afford to pay your mortgage then GET THE HELL OUT OF IT and let someone who CAN afford it move in. If no one can afford it then the price needs to drop. If you can’t retire then you didn’t plan correctly and you need to suffer the consequences. If you can’t afford to get divorced then obviously you don’t hate each other that much or you’d find a way to make that work, too.
The same people whining about falling prices are the ones that have no pity for the homeless on the street because “they deserve it — they didn’t work hard enough”. Now that it’s their ass on the line they want mommy government to come and bail them out. THIS MAKES ME WANT TO VOMIT.
Do we live in a free-market system or a centrally-planned economy? I thought we learned that central planning doesn’t work when the Soviet Union collapsed. Looks to me like we’re going to have to learn it the hard way just like they did…
January 16, 2009 at 11:27 AM #329938hugo
ParticipantMany people pulled a great deal of equity out of their houses – up to the limit of the most optimistic 2005/2006 appraisals. Now these people want “someone” to put a floor under the market and protect them from their own reckless bahavior. Bullshit.
January 16, 2009 at 11:27 AM #330276ParticipantMany people pulled a great deal of equity out of their houses – up to the limit of the most optimistic 2005/2006 appraisals. Now these people want “someone” to put a floor under the market and protect them from their own reckless bahavior. Bullshit.
January 16, 2009 at 11:27 AM #330349ParticipantMany people pulled a great deal of equity out of their houses – up to the limit of the most optimistic 2005/2006 appraisals. Now these people want “someone” to put a floor under the market and protect them from their own reckless bahavior. Bullshit.
January 16, 2009 at 11:27 AM #330377ParticipantMany people pulled a great deal of equity out of their houses – up to the limit of the most optimistic 2005/2006 appraisals. Now these people want “someone” to put a floor under the market and protect them from their own reckless bahavior. Bullshit.
January 16, 2009 at 11:27 AM #330461ParticipantMany people pulled a great deal of equity out of their houses – up to the limit of the most optimistic 2005/2006 appraisals. Now these people want “someone” to put a floor under the market and protect them from their own reckless bahavior. Bullshit.
January 16, 2009 at 12:04 PM #329968Nor-LA-SD-guy
ParticipantI was just explaining why it was a problem not looking at other issues or if it was right or wrong, just why falling prices effect the economy.
January 16, 2009 at 12:04 PM #330306ParticipantI was just explaining why it was a problem not looking at other issues or if it was right or wrong, just why falling prices effect the economy.
January 16, 2009 at 12:04 PM #330379ParticipantI was just explaining why it was a problem not looking at other issues or if it was right or wrong, just why falling prices effect the economy.
January 16, 2009 at 12:04 PM #330407ParticipantI was just explaining why it was a problem not looking at other issues or if it was right or wrong, just why falling prices effect the economy.
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