Forum Replies Created
-
AuthorPosts
-
May 10, 2008 at 3:09 PM in reply to: In mortgage market, ‘walkaway’ homeowners may be urban myth #202128May 10, 2008 at 3:09 PM in reply to: In mortgage market, ‘walkaway’ homeowners may be urban myth #202175
Ex-SD
ParticipantSo, the banks don’t know how much of this is really going on?
I don’t have any idea how many people are doing this but I do remember that several people have posted on Piggington that they were seriously thinking of doing this because their homes had lost so much value.
May 10, 2008 at 3:09 PM in reply to: In mortgage market, ‘walkaway’ homeowners may be urban myth #202202ParticipantSo, the banks don’t know how much of this is really going on?
I don’t have any idea how many people are doing this but I do remember that several people have posted on Piggington that they were seriously thinking of doing this because their homes had lost so much value.
May 10, 2008 at 3:09 PM in reply to: In mortgage market, ‘walkaway’ homeowners may be urban myth #202226ParticipantSo, the banks don’t know how much of this is really going on?
I don’t have any idea how many people are doing this but I do remember that several people have posted on Piggington that they were seriously thinking of doing this because their homes had lost so much value.
May 10, 2008 at 3:09 PM in reply to: In mortgage market, ‘walkaway’ homeowners may be urban myth #202259ParticipantSo, the banks don’t know how much of this is really going on?
I don’t have any idea how many people are doing this but I do remember that several people have posted on Piggington that they were seriously thinking of doing this because their homes had lost so much value.
Participantkewp: I also read the article about credit card debt. I think that the mindset of many people today is spend, spend, spend because if they lose their job, they will just declare bankruptcy. I recently read that the majority of the country has almost no money in the bank and lives from paycheck to paycheck. They have become so addicted to the “I must have it now” way of life that they put themselves in debt up to their eyeballs to have the latest widget/gadget.
On the other side of the fence, the people who are presently saving their money or have a long history of saving their money are being punished with ridiculously low interest rates because of the same irresponsible bunch that bought houses they couldn’t afford and are now spending like drunken fools with their credit cards.
Debt, debt, debt…………….it makes my head swim that people can sleep at night when they have so much debt.
Participantkewp: I also read the article about credit card debt. I think that the mindset of many people today is spend, spend, spend because if they lose their job, they will just declare bankruptcy. I recently read that the majority of the country has almost no money in the bank and lives from paycheck to paycheck. They have become so addicted to the “I must have it now” way of life that they put themselves in debt up to their eyeballs to have the latest widget/gadget.
On the other side of the fence, the people who are presently saving their money or have a long history of saving their money are being punished with ridiculously low interest rates because of the same irresponsible bunch that bought houses they couldn’t afford and are now spending like drunken fools with their credit cards.
Debt, debt, debt…………….it makes my head swim that people can sleep at night when they have so much debt.
Participantkewp: I also read the article about credit card debt. I think that the mindset of many people today is spend, spend, spend because if they lose their job, they will just declare bankruptcy. I recently read that the majority of the country has almost no money in the bank and lives from paycheck to paycheck. They have become so addicted to the “I must have it now” way of life that they put themselves in debt up to their eyeballs to have the latest widget/gadget.
On the other side of the fence, the people who are presently saving their money or have a long history of saving their money are being punished with ridiculously low interest rates because of the same irresponsible bunch that bought houses they couldn’t afford and are now spending like drunken fools with their credit cards.
Debt, debt, debt…………….it makes my head swim that people can sleep at night when they have so much debt.
Participantkewp: I also read the article about credit card debt. I think that the mindset of many people today is spend, spend, spend because if they lose their job, they will just declare bankruptcy. I recently read that the majority of the country has almost no money in the bank and lives from paycheck to paycheck. They have become so addicted to the “I must have it now” way of life that they put themselves in debt up to their eyeballs to have the latest widget/gadget.
On the other side of the fence, the people who are presently saving their money or have a long history of saving their money are being punished with ridiculously low interest rates because of the same irresponsible bunch that bought houses they couldn’t afford and are now spending like drunken fools with their credit cards.
Debt, debt, debt…………….it makes my head swim that people can sleep at night when they have so much debt.
Participantkewp: I also read the article about credit card debt. I think that the mindset of many people today is spend, spend, spend because if they lose their job, they will just declare bankruptcy. I recently read that the majority of the country has almost no money in the bank and lives from paycheck to paycheck. They have become so addicted to the “I must have it now” way of life that they put themselves in debt up to their eyeballs to have the latest widget/gadget.
On the other side of the fence, the people who are presently saving their money or have a long history of saving their money are being punished with ridiculously low interest rates because of the same irresponsible bunch that bought houses they couldn’t afford and are now spending like drunken fools with their credit cards.
Debt, debt, debt…………….it makes my head swim that people can sleep at night when they have so much debt.
ParticipantHLS: You said it well, brother. I showed your post to my wife who said, “he sounds just like you”.
I knew there was something about you that I liked.
🙂ParticipantHLS: You said it well, brother. I showed your post to my wife who said, “he sounds just like you”.
I knew there was something about you that I liked.
🙂ParticipantHLS: You said it well, brother. I showed your post to my wife who said, “he sounds just like you”.
I knew there was something about you that I liked.
🙂ParticipantHLS: You said it well, brother. I showed your post to my wife who said, “he sounds just like you”.
I knew there was something about you that I liked.
🙂ParticipantHLS: You said it well, brother. I showed your post to my wife who said, “he sounds just like you”.
I knew there was something about you that I liked.
🙂 -
AuthorPosts
