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September 27, 2009 at 7:57 AM in reply to: Homeowners who ‘strategically default’ on loans a growing problem #461509September 27, 2009 at 7:57 AM in reply to: Homeowners who ‘strategically default’ on loans a growing problem #462120
trex
ParticipantIf everyone were this rational, the banks would behave more responsibly as well , requiring down payments and real income.
I don’t blame anyone for walking, the sad part is how some people are unwilling/unable to see the writing on the wall.
For the poor, one could argue that credit cards are actually more important than mortgages. You can buy food with a credit card. Anyone ever try to eat drywall?
September 27, 2009 at 7:57 AM in reply to: Homeowners who ‘strategically default’ on loans a growing problem #461704ParticipantIf everyone were this rational, the banks would behave more responsibly as well , requiring down payments and real income.
I don’t blame anyone for walking, the sad part is how some people are unwilling/unable to see the writing on the wall.
For the poor, one could argue that credit cards are actually more important than mortgages. You can buy food with a credit card. Anyone ever try to eat drywall?
ParticipantI’m ignorant but curious. How big are the lots?
ParticipantI’m ignorant but curious. How big are the lots?
ParticipantI’m ignorant but curious. How big are the lots?
ParticipantI’m ignorant but curious. How big are the lots?
ParticipantI’m ignorant but curious. How big are the lots?
ParticipantBTW, back in the early 70’s, Mopar, as usual, was behind the times and produced a “Superbird” – huge motor, big fin to keep in on the track – basically the General Lee on steroids.
The oil crunch killed the car and Dodge/Plymouth/Chrysler basically gave them away.
They sell for around $500,000 now. Makes me wonder about the new Challenger.
ParticipantBTW, back in the early 70’s, Mopar, as usual, was behind the times and produced a “Superbird” – huge motor, big fin to keep in on the track – basically the General Lee on steroids.
The oil crunch killed the car and Dodge/Plymouth/Chrysler basically gave them away.
They sell for around $500,000 now. Makes me wonder about the new Challenger.
ParticipantBTW, back in the early 70’s, Mopar, as usual, was behind the times and produced a “Superbird” – huge motor, big fin to keep in on the track – basically the General Lee on steroids.
The oil crunch killed the car and Dodge/Plymouth/Chrysler basically gave them away.
They sell for around $500,000 now. Makes me wonder about the new Challenger.
ParticipantBTW, back in the early 70’s, Mopar, as usual, was behind the times and produced a “Superbird” – huge motor, big fin to keep in on the track – basically the General Lee on steroids.
The oil crunch killed the car and Dodge/Plymouth/Chrysler basically gave them away.
They sell for around $500,000 now. Makes me wonder about the new Challenger.
ParticipantBTW, back in the early 70’s, Mopar, as usual, was behind the times and produced a “Superbird” – huge motor, big fin to keep in on the track – basically the General Lee on steroids.
The oil crunch killed the car and Dodge/Plymouth/Chrysler basically gave them away.
They sell for around $500,000 now. Makes me wonder about the new Challenger.
ParticipantIt’s a great time to shop for a Suburban!
Just drive slow and you will save some gas. The savings in gas may not exceed the hit you will take swapping cars.
ParticipantIt’s a great time to shop for a Suburban!
Just drive slow and you will save some gas. The savings in gas may not exceed the hit you will take swapping cars.
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