Topic: How bad are things? | |
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Ok I live about 4o miles east of Cleveland but I work there. the big story in clevleand are home forclosures and as soon as a home is forclosed apon and the people evicted the scavengers move in almost immedeiatly and begin stripping copper wire from the walls and tearing off aluminum gutters, I have even heard of entire furnaces being stolen from the homes. here in my small town things arent near as bad but to sell a home it takes over a year and several homes on my street have been for sale for over 2 years and are vacant. these are big homes on lots of over an acer of land. anyone have any clues as to why people are not outraged at the current mess?
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They are too busy worrying about the writers strike & Britney Spears.
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Outraged over what? The person was stupid enough to buy a home that they couldn't afford in the first place. If they got ripped off with a sub-prime loan, who's fault is that? No one forced them to buy the house or to sign a loan agreement that they shouldn't have. Wouldn't it be nice if people would actually start living within their means.
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Edited by
Chazster
on
Sat 02/02/08 05:15 PM
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I agree. Am I outraged at the Housing market? No. Its not like its just their home isn't worth much. It would also mean that people could buy a home for cheaper as well. If houses are cheap people complain for the sellers, if houses are expensive people complain for the buyers. How about we stop complaining. I will drink to that.
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well I think dazzling dave's response pretty much answers the question dont you mad-man?
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Yes it does. its a sign of the times I think. blame the victim. who can say what caused a home to forclose, it could be as you said liveing beyond your means or it could be that gas prices trippling in less than ten years pushed a family over the edge or a job being outsoruced to slave labor countries or a combination of these things. but one thing is certain its a perfect economic storm that has conspired to lay so many families low. these are hard times for sure
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Outraged over what? The person was stupid enough to buy a home that they couldn't afford in the first place. If they got ripped off with a sub-prime loan, who's fault is that? No one forced them to buy the house or to sign a loan agreement that they shouldn't have. Wouldn't it be nice if people would actually start living within their means. I agree, dazzling_dave, about the buyers. But this hasn't worked out too good for the lenders either, has it? |
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When the people of this country start refusing to be victims anymore, and start taking personal responsibility for their lives, then perhaps we can turn this country around.
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They are too busy worrying about the writers strike & Britney Spears. |
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Yes it does. its a sign of the times I think. blame the victim. who can say what caused a home to forclose, it could be as you said liveing beyond your means or it could be that gas prices trippling in less than ten years pushed a family over the edge or a job being outsoruced to slave labor countries or a combination of these things. but one thing is certain its a perfect economic storm that has conspired to lay so many families low. these are hard times for sure You said a lot of the houses are large. If you have a large house and are working a job that can be outsourced to slave labor, then I think its safe to say you were living outside your means. |
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Actually MAC, the lenders got exactly what they deserved for trying to rip off the buyers in the first place. What do you think the term "creative financing" actually means? It usually means getting approved for a loan that you couldn't afford in the first place. Another thing that happened was people decided they could buy these homes and then resell them at a profit. Only problem is, everyone had the same idea at the same time and the market got flooded.
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Outraged over what? The person was stupid enough to buy a home that they couldn't afford in the first place. If they got ripped off with a sub-prime loan, who's fault is that? No one forced them to buy the house or to sign a loan agreement that they shouldn't have. Wouldn't it be nice if people would actually start living within their means. Sometimes the problem isn't the loan itself. Mine is a fixed interest rate and not bad at all. But all the things that go into the escrow keep going up. Now I'm paying 200$ more a month than when I got the place 6 years ago. Every year it went up. Started out paying less than apartment. Now I'm paying more. I'm seriously considering going back to apartment living. |
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Edited by
madisonman
on
Sat 02/02/08 05:36 PM
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Yes it does. its a sign of the times I think. blame the victim. who can say what caused a home to forclose, it could be as you said liveing beyond your means or it could be that gas prices trippling in less than ten years pushed a family over the edge or a job being outsoruced to slave labor countries or a combination of these things. but one thing is certain its a perfect economic storm that has conspired to lay so many families low. these are hard times for sure You said a lot of the houses are large. If you have a large house and are working a job that can be outsourced to slave labor, then I think its safe to say you were living outside your means.well isnt that the american way? Edit | Quote | Reply Community > Current News & Events Free Online Dating l Privacy Policy l DMCA Policy l Terms of Use l Adult Dating l Countries Copyright 2006-07 Next Dating LLC. All rights reserved. |
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Edited by
Chazster
on
Sat 02/02/08 05:41 PM
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Yes it does. its a sign of the times I think. blame the victim. who can say what caused a home to forclose, it could be as you said liveing beyond your means or it could be that gas prices trippling in less than ten years pushed a family over the edge or a job being outsoruced to slave labor countries or a combination of these things. but one thing is certain its a perfect economic storm that has conspired to lay so many families low. these are hard times for sure You said a lot of the houses are large. If you have a large house and are working a job that can be outsourced to slave labor, then I think its safe to say you were living outside your means.well isnt that the american way? isnt that the american way? work hard play by the rules and everything will work out? forgive me for those old fashioned values, i forgot this is the age of diminished dreams No I don't think living outside your means is the american dream. Its the ability to better your situation by your own hand. To tell the truth its not working hard anymore but working smart. If you can do the same job as someone else with less work, resources, and time then you will move up in the world. |
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Yes it does. its a sign of the times I think. blame the victim. who can say what caused a home to forclose, it could be as you said liveing beyond your means or it could be that gas prices trippling in less than ten years pushed a family over the edge or a job being outsoruced to slave labor countries or a combination of these things. but one thing is certain its a perfect economic storm that has conspired to lay so many families low. these are hard times for sure You said a lot of the houses are large. If you have a large house and are working a job that can be outsourced to slave labor, then I think its safe to say you were living outside your means.well isnt that the american way? isnt that the american way? work hard play by the rules and everything will work out? forgive me for those old fashioned values, i forgot this is the age of diminished dreams No I don't think living outside your means is the american dream. Its the ability to better your situation by your own hand. To tell the truth its not working hard anymore but working smart. If you can do the same job as someone else with less work, resources, and time then you will move up in the world. |
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Since when is it the government's job to fix every little problem in your life? The government doesn't solve problems, it only creates them.
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Since when is it the government's job to fix every little problem in your life? The government doesn't solve problems, it only creates them. |
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Yes it does. its a sign of the times I think. blame the victim. who can say what caused a home to forclose, it could be as you said liveing beyond your means or it could be that gas prices trippling in less than ten years pushed a family over the edge or a job being outsoruced to slave labor countries or a combination of these things. but one thing is certain its a perfect economic storm that has conspired to lay so many families low. these are hard times for sure You said a lot of the houses are large. If you have a large house and are working a job that can be outsourced to slave labor, then I think its safe to say you were living outside your means.well isnt that the american way? isnt that the american way? work hard play by the rules and everything will work out? forgive me for those old fashioned values, i forgot this is the age of diminished dreams No I don't think living outside your means is the american dream. Its the ability to better your situation by your own hand. To tell the truth its not working hard anymore but working smart. If you can do the same job as someone else with less work, resources, and time then you will move up in the world. Sorry I am not old enough. I guess since I grew up in a single income family with 2 kids and we didn't roam the streets.. oh but we got the internet when I was in High School so that just changes the situation soo much. My dad also had to pay medical bills for my mother and I. (I have Ulcerative Colitis and my mother has had a lot of different problems ever since I was born and couldn't work) |
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so what type of home did you live in? and what type of home do you own now?
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I have deleted several posts from this thread, Please remember folks, no attacking others for their opinions. This is a debate, not a boxing match. Thanks all, Mark |
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