reply to post by stirling
"Probably because the Owners have the game rigged against the ordinary people....
Thats the way its been since the feudal days.....
Your goverments are leading the whole parade of financial irresponsibility....so the common man has to pay"
rigged against them? lol im pretty sure set before each person before taking on a mortage there is a huge set of docs you have to sign. in those docs
are all the rules, regs, laws, and monetary transactions are listed. if a person is to ignorant to read it, or cant hire a lawyer to read for them
THEN YOU DONT BUY THE F ING HOUSE. PERIOD
same damn thing with these idiots in my country that took adjustable rates, and it didnt dawn on them to ask how high it could go, how soon it could
be adjusted and for how long. all on a mc donalds burger flipping job heh.
then bam housing market bursts and all these people lose their houses and im supposed to feel bad AND FOOT THE BILL for them F THAT. but thats exactly
what happened. not only did i bail all these dumb asses out, i bought a bank and didnt recieve one f ing dime in profits.
the game is not rigged, its pretty simple, if you dont have money , dont buy it, if you still need it and use credit/loan, then dont expect the world
to bail you out when the people you owe money to want it back, pretty simple.
they should just make a new law called "dumb ass law", and only allow people to take out/loan 5-10% of their current worth.
everyone wants to live the dream, american or not, but the dream wasnt to be out on loan for everything you "want to own" it was supposed to be work
hard, save money, THEN buy the things you need. but when your entire life is out on loan guess what, your not really living are you.
now if its the dead of winter and single mom , grandparent , handicapped person sure let them stay till spring or something but 90% of the others