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August 24, 2007 at 2:24 PM in reply to: LA county is considering a bail-out plan for people facing foreclosure #80720
donaldduckmoore
ParticipantCan anyone tell us where their money is coming from? They should not use federal money that is coming from tax dollars.
ParticipantCan anyone tell us where their money is coming from? They should not use federal money that is coming from tax dollars.
ParticipantCan anyone tell us where their money is coming from? They should not use federal money that is coming from tax dollars.
ParticipantI am not sure if I get your message right Alex_angel but we are in a huge housing market correction right now. No one knows how far down the price will go. The credit issue is not over yet, it barely started. See how sensitive the stock market is behaving now. A lot of things these days may be different from the 90s but the psychology of the people appears similar. But if you want to buy now, buy, no one will stop you from losing money.
ParticipantI am not sure if I get your message right Alex_angel but we are in a huge housing market correction right now. No one knows how far down the price will go. The credit issue is not over yet, it barely started. See how sensitive the stock market is behaving now. A lot of things these days may be different from the 90s but the psychology of the people appears similar. But if you want to buy now, buy, no one will stop you from losing money.
ParticipantI am not sure if I get your message right Alex_angel but we are in a huge housing market correction right now. No one knows how far down the price will go. The credit issue is not over yet, it barely started. See how sensitive the stock market is behaving now. A lot of things these days may be different from the 90s but the psychology of the people appears similar. But if you want to buy now, buy, no one will stop you from losing money.
ParticipantI don’t know why these people are so worried. Like what Greenspan said, the problem will resolve by itself. Just give it some time. Let the market corrects itself! Besides, a lot of those who are facing foreclosures are speculators (not even investors or residents), let them find their way out.
ParticipantI don’t know why these people are so worried. Like what Greenspan said, the problem will resolve by itself. Just give it some time. Let the market corrects itself! Besides, a lot of those who are facing foreclosures are speculators (not even investors or residents), let them find their way out.
ParticipantI don’t know why these people are so worried. Like what Greenspan said, the problem will resolve by itself. Just give it some time. Let the market corrects itself! Besides, a lot of those who are facing foreclosures are speculators (not even investors or residents), let them find their way out.
ParticipantThey are all leaving California to somewhere cheaper to stay. Don’t forget, these people were holding more than one properties. When one leaves, more than one properties will be empty.
ParticipantThey are all leaving California to somewhere cheaper to stay. Don’t forget, these people were holding more than one properties. When one leaves, more than one properties will be empty.
ParticipantThey are all leaving California to somewhere cheaper to stay. Don’t forget, these people were holding more than one properties. When one leaves, more than one properties will be empty.
August 23, 2007 at 11:17 AM in reply to: OMG!!! … Bill Gross: Bush needs to rescue homeowners #79777ParticipantA clue that the FEd will not do anything, then they steer to our president. Maybe our president will nod his head, but he has already created a handful of debt from the war.
But that strategy may work because when republican and some democrats agree to bail out, then there will be a bailout. It is a basket full of idiots in our leadership anyway!!!
August 23, 2007 at 11:17 AM in reply to: OMG!!! … Bill Gross: Bush needs to rescue homeowners #79905ParticipantA clue that the FEd will not do anything, then they steer to our president. Maybe our president will nod his head, but he has already created a handful of debt from the war.
But that strategy may work because when republican and some democrats agree to bail out, then there will be a bailout. It is a basket full of idiots in our leadership anyway!!!
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