TRIPLE RED ALERT!!! HOUSING MARKET IN TOTAL MELTDOWN!! PIN THIS! | |
Anonymous Coward User ID: 1245572 United States 01/27/2011 01:02 PM Report Abusive Post Report Copyright Violation | How is this pin and not the other thread with the foreclosure map? Quoting: Anonymous Coward 1245330Is it the sirens? LoL! It's the dots...Being colorblind they all look the same to me. you are more than just colorblind. stupid is as stupid does. |
Anonymous Coward User ID: 1184223 United States 01/27/2011 01:06 PM Report Abusive Post Report Copyright Violation | This year a bunch of different kind of loans are supposed to default, so its going to be an even bigger shit storm. Subprime was just the opening act. Quoting: GloomyStudent loan defaults are gonna be the ultimate piece that brings the Jenga game to the ground. Mark my words. What are they going to do when people stop paying on them? I just paid mine off after 10 years so there better be no debt forgiveness! I was always told student loans could never be discharged. I've got em calling 3 times a day basically. I could care less though since I know its all crashing. I could go ahead and fill out the forbearance forms based on unemployment. I get another 6 months or so LOL. |
Anonymous Coward User ID: 962548 United States 01/27/2011 01:07 PM Report Abusive Post Report Copyright Violation | People are stupid...always borrowing and promising to pay later... Quoting: BRIEF AND TO THE POINT------------- I love these hypocritical comments by people who never look into a mirror reflecting their hypocrisy. Let me ask you for your lying response. Do you own a home ? Did you ever borrow in your life for college or a vehicle etc? Now it is possible this person never went to college and so never had to get a college loan. He never bought a new car ( he bought a used Ford Pinto for $500 cash he saved up from his minimum wage job at Burger King). He could never afford a home and lives at home with his mother. Now let's look at some other possible response from this guy. HE could lie to all of us and say he is rich and bought his home cash and owns a Mercedes which he bought cash. He has a doctorate form some school he never went to and works folding clothes or flipping burgers at Burger King but is too shy to admit. Let's see how he will respond. Let's not assume he will be telling the truth. And one more thing he is calling everyone else stupid and sounds a little pissed off. Usually that shows he is mad and angry at himself because he is an idiot. But of course he is a smart one. |
Ubetcha
User ID: 1192689 United States 01/27/2011 01:12 PM Report Abusive Post Report Copyright Violation | Lets not forget the states and municipalities who are in over their heads. Foreclosures, student loans and local governments we are in deep. Global rioting, food shortages man this getting a boat load of doom I live in the state of perpetual confusion Janey Flag of Peace |
Anonymous Coward User ID: 1240198 Australia 01/27/2011 01:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1166283 United States 01/27/2011 01:13 PM Report Abusive Post Report Copyright Violation | the myth pushed by realtors has always been "buy the most you are allowed to, it's a tax deduction and it will appreciate!" Wow, this is the hugest scam of all because folks were never warned of DEPRECIATION! |
BRIEF AND TO THE POINT
User ID: 381742 United States 01/27/2011 01:15 PM Report Abusive Post Report Copyright Violation | How is this pin and not the other thread with the foreclosure map? Quoting: Anonymous Coward 1245330Is it the sirens? LoL! It's the dots...Being colorblind they all look the same to me. you are more than just colorblind. stupid is as stupid does. If I'm stupid then your are completely fucked...Do you borrow money? Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |
Anonymous Coward User ID: 881022 United States 01/27/2011 01:15 PM Report Abusive Post Report Copyright Violation | Most of the properties sold in my area are now foreclosures or short sales. The conventional resale is history Quoting: Anonymous Coward 1224816Just saw a property listing this morning - 2005 3 bed/2 bath 1,700 sq ft. home for 58K How low will it go? God help us which city, state? |
BRIEF AND TO THE POINT
User ID: 381742 United States 01/27/2011 01:21 PM Report Abusive Post Report Copyright Violation | People are stupid...always borrowing and promising to pay later... Quoting: BRIEF AND TO THE POINT------------- I love these hypocritical comments by people who never look into a mirror reflecting their hypocrisy. Let me ask you for your lying response. Do you own a home ? Did you ever borrow in your life for college or a vehicle etc? Now it is possible this person never went to college and so never had to get a college loan. He never bought a new car ( he bought a used Ford Pinto for $500 cash he saved up from his minimum wage job at Burger King). He could never afford a home and lives at home with his mother. Now let's look at some other possible response from this guy. HE could lie to all of us and say he is rich and bought his home cash and owns a Mercedes which he bought cash. He has a doctorate form some school he never went to and works folding clothes or flipping burgers at Burger King but is too shy to admit. Let's see how he will respond. Let's not assume he will be telling the truth. And one more thing he is calling everyone else stupid and sounds a little pissed off. Usually that shows he is mad and angry at himself because he is an idiot. But of course he is a smart one. Sounds like you got it all figured out...except your are way off. I have never borrowed money, I own two homes and several building and properties...I paid cash for school, because that's the only way to be accepted and I had to prove a minimum net worth of 50K in order to be accepted...seems as though they don't want broke people becoming financial counselors, go figure, LOL Oh, and I'm not pissed about noth'n...not even when the bitch broke my Derby shot glass last night... But you will only believe what you want, just like most everyone else. Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |
zephyr
User ID: 961524 United States 01/27/2011 01:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1183343 United States 01/27/2011 01:22 PM Report Abusive Post Report Copyright Violation | This year a bunch of different kind of loans are supposed to default, so its going to be an even bigger shit storm. Subprime was just the opening act. Quoting: GloomyI remember seeing a lot of ominous charts on this two years ago. Anyone have any links to the mega-default charts that show what's in store for 2011? |
Anonymous Coward User ID: 1230850 United Kingdom 01/27/2011 01:22 PM Report Abusive Post Report Copyright Violation | I don't think anything will happen. If it does, we will never know because they won't tell us. Housing prices might go down for a while, but there will never be a blow up of any kind because the gov will just bail it out with the printing press. Quoting: Anonymous Coward 1196210because that wouldnt cause more hyperinflation would it take the pain feel the shame. But who to BLAME???? |
BRIEF AND TO THE POINT
User ID: 381742 United States 01/27/2011 01:25 PM Report Abusive Post Report Copyright Violation | People are stupid...always borrowing and promising to pay later... Quoting: BRIEF AND TO THE POINTNot everyone has Daddy to help them. Daddy has never given me a penny...He was having a cash flow problem a while back because all his money is tied up in Real estate, so I gave him 20K in cash. Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |
Least Servant
User ID: 1062754 United States 01/27/2011 01:27 PM Report Abusive Post Report Copyright Violation | Daddy has never given me a penny...He was having a cash flow problem a while back because all his money is tied up in Real estate, so I gave him 20K in cash. Quoting: BRIEF AND TO THE POINTYou never tipped me on that incall you bastard! No more happy endings for you! And fuck yo shotglass! :romaflag: Not enough to fight, too many to die. |
BRIEF AND TO THE POINT
User ID: 381742 United States 01/27/2011 01:28 PM Report Abusive Post Report Copyright Violation | Daddy has never given me a penny...He was having a cash flow problem a while back because all his money is tied up in Real estate, so I gave him 20K in cash. Quoting: BRIEF AND TO THE POINTYou never tipped me on that incall you bastard! No more happy endings for you! And fuck yo shotglass! Please tell me you're a chick because I'm a bit worried... Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |
Least Servant
User ID: 1062754 United States 01/27/2011 01:32 PM Report Abusive Post Report Copyright Violation | |
BRIEF AND TO THE POINT
User ID: 381742 United States 01/27/2011 01:33 PM Report Abusive Post Report Copyright Violation | Please tell me you're a chick because I'm a bit worried... Quoting: BRIEF AND TO THE POINTYou didn't seem that worried last night. I just went from worried to scared...but I wasn't drunk last night so you can fool me with that one! Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |
wirelessguru1
User ID: 1210655 United States 01/27/2011 01:37 PM Report Abusive Post Report Copyright Violation | This is a problem that cannot fix itself specially since the job market sucks! If/when people are making less money or have no jobs, the housing market has to continue to deflate...and, of course, adding more debt load (QE's) will not fix the problem but rather make it worse!!! The Invisible Universe! |
Anonymous Coward User ID: 1237619 Sweden 01/27/2011 01:37 PM Report Abusive Post Report Copyright Violation | and expect it to worsen throughout this first quarter. Now that legal hurdles have been jumped they are free to forclose on TONS of people who have been holding them at bay with their lawyers. things are really going to get ugly, so prepare yourselves. I'm not the type to fortell "doom" either, but things are going to get scary. |
The Spirit Of Truth
User ID: 1221706 United States 01/27/2011 01:39 PM Report Abusive Post Report Copyright Violation | Let's assume all is well... Jay The Spirit Of Truth [link to www.SpiritOfTruth.me] TOPPING PATTERN COMPLETE? - [link to thespiritoftruth.blogspot.com] RUSSIA WAS BEHIND 9/11: [link to thespiritoftruth.blogspot.com] RUSSIA'S SECRET WAR PLANS: [link to thespiritoftruth.blogspot.com] RUSSIA'S LYING TO THIS WORLD: [link to thespiritoftruth.blogspot.com] And then the lawless one will be revealed, whom the Lord Jesus will overthrow with the breath of his mouth and destroy by the splendor of his coming. [2 Thessalonians 2:8] Sing unto God, sing praises to his name: extol him that rideth upon the heavens by his name JAH, and rejoice before him. [Psalm 68:4] [link to thespiritoftruth.blogspot.com] |
wirelessguru1
User ID: 1210655 United States 01/27/2011 01:44 PM Report Abusive Post Report Copyright Violation | I don't think anything will happen. If it does, we will never know because they won't tell us. Housing prices might go down for a while, but there will never be a blow up of any kind because the gov will just bail it out with the printing press. Quoting: Anonymous Coward 1196210because that wouldnt cause more hyperinflation would it take the pain feel the shame. But who to BLAME???? Look, the "bail outs" do not solve the problem because the "bail outs" are not bailing out the people that cannot afford these houses!!! ..and it does not matter who you blame... The Invisible Universe! |
Anonymous Coward User ID: 1085794 United States 01/27/2011 01:45 PM Report Abusive Post Report Copyright Violation | On the other side of the coin,rent is going up more then 10 percent a year.With that in mind,it would be cheaper to own at some point in time,further,the housing crash is effected by the new appraisal laws.It is near the bottom.sorry no doom.just higher rental prices which eventually will force the renters into buying Quoting: Anonymous Coward 1229184Just what happened to me 2 years ago. Rent got so high I figured, man I should buy a house. Its cheaper and I will be a "Homeowner"!!! Now I have a house that is not worth as much as I owe and I'm just a Homo. |
Anonymous Coward User ID: 380667 United States 01/27/2011 01:49 PM Report Abusive Post Report Copyright Violation | everyone don't pay any of your loans. Time to destroy the big banksters. Quoting: Anonymous Coward 1230366Maybe this is why the FEMA camps have been built. Most kids in their 20's have a ton of debt. Not all, but most. It's considered the norm. |
Anonymous Coward User ID: 1239815 United States 01/27/2011 01:51 PM Report Abusive Post Report Copyright Violation | People are stupid...always borrowing and promising to pay later... Quoting: BRIEF AND TO THE POINT------------- I love these hypocritical comments by people who never look into a mirror reflecting their hypocrisy. Let me ask you for your lying response. Do you own a home ? Did you ever borrow in your life for college or a vehicle etc? Now it is possible this person never went to college and so never had to get a college loan. He never bought a new car ( he bought a used Ford Pinto for $500 cash he saved up from his minimum wage job at Burger King). He could never afford a home and lives at home with his mother. Now let's look at some other possible response from this guy. HE could lie to all of us and say he is rich and bought his home cash and owns a Mercedes which he bought cash. He has a doctorate form some school he never went to and works folding clothes or flipping burgers at Burger King but is too shy to admit. Let's see how he will respond. Let's not assume he will be telling the truth. And one more thing he is calling everyone else stupid and sounds a little pissed off. Usually that shows he is mad and angry at himself because he is an idiot. But of course he is a smart one. Sounds like you got it all figured out...except your are way off. I have never borrowed money, I own two homes and several building and properties...I paid cash for school, because that's the only way to be accepted and I had to prove a minimum net worth of 50K in order to be accepted...seems as though they don't want broke people becoming financial counselors, go figure, LOL Oh, and I'm not pissed about noth'n...not even when the bitch broke my Derby shot glass last night... But you will only believe what you want, just like most everyone else. Don't worry. Since you believe its everyone for themselves, then when the shit hits the fan, some people will help themselves to your stuff or your buildings Have a nice life |
Anonymous Coward User ID: 1245362 United States 01/27/2011 01:51 PM Report Abusive Post Report Copyright Violation | How is this pin and not the other thread with the foreclosure map? Quoting: Anonymous Coward 1245330Is it the sirens? LoL! It's the dots...Being colorblind they all look the same to me. you are more than just colorblind. stupid is as stupid does. If I'm stupid then your are completely fucked...Do you borrow money? Hardly the point any more.. This is what be the ruin of America. The very foundation of it. |
Anonymous Coward User ID: 1245362 United States 01/27/2011 01:54 PM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF AND TO THE POINTIt's the dots...Being colorblind they all look the same to me. you are more than just colorblind. stupid is as stupid does. If I'm stupid then your are completely fucked...Do you borrow money? Hardly the point any more.. This is what be the ruin of America. The very foundation of it. Oh get this: if anyone does sale a house this year.. you now have to pay a tax increase of 3% at closing.. for 0bama health care.. |
Anonymous Coward User ID: 1229184 United States 01/27/2011 01:54 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1245622 United States 01/27/2011 01:56 PM Report Abusive Post Report Copyright Violation | So many homeless and so many houses lying empty. Thats capitalism for you! Quoting: Anonymous Coward 1245372NO, thats government sponsored communism/statism/fascism for you!!! True capitalism would have kept prices and wages realistic and stable, its been proven that a real free market is the best controller of an economy. But when those unwilling to work for what they want get people wishing for a powerful job in government to pander to them and create legislation that gives them money to buy their vote, and special interests and multi-nats buy the rest of the politicians, THEN we get what we have now. |
Anonymous Coward User ID: 1245362 United States 01/27/2011 01:57 PM Report Abusive Post Report Copyright Violation | The maps really drive the point home. Quoting: Anonymous Coward 1166283the myth pushed by realtors has always been "buy the most you are allowed to, it's a tax deduction and it will appreciate!" Wow, this is the hugest scam of all because folks were never warned of DEPRECIATION! BS...cost does not equal value never has.. |
BRIEF AND TO THE POINT
User ID: 381742 United States 01/27/2011 01:59 PM Report Abusive Post Report Copyright Violation | People are stupid...always borrowing and promising to pay later... Quoting: BRIEF AND TO THE POINT------------- I love these hypocritical comments by people who never look into a mirror reflecting their hypocrisy. Let me ask you for your lying response. Do you own a home ? Did you ever borrow in your life for college or a vehicle etc? Now it is possible this person never went to college and so never had to get a college loan. He never bought a new car ( he bought a used Ford Pinto for $500 cash he saved up from his minimum wage job at Burger King). He could never afford a home and lives at home with his mother. Now let's look at some other possible response from this guy. HE could lie to all of us and say he is rich and bought his home cash and owns a Mercedes which he bought cash. He has a doctorate form some school he never went to and works folding clothes or flipping burgers at Burger King but is too shy to admit. Let's see how he will respond. Let's not assume he will be telling the truth. And one more thing he is calling everyone else stupid and sounds a little pissed off. Usually that shows he is mad and angry at himself because he is an idiot. But of course he is a smart one. Sounds like you got it all figured out...except your are way off. I have never borrowed money, I own two homes and several building and properties...I paid cash for school, because that's the only way to be accepted and I had to prove a minimum net worth of 50K in order to be accepted...seems as though they don't want broke people becoming financial counselors, go figure, LOL Oh, and I'm not pissed about noth'n...not even when the bitch broke my Derby shot glass last night... But you will only believe what you want, just like most everyone else. Don't worry. Since you believe its everyone for themselves, then when the shit hits the fan, some people will help themselves to your stuff or your buildings Have a nice life I can't protect them all and have no plans to...the stuff I want to keep will be moved to HQ if you want to call it that...and is very well protected. It's been a nice life indeed :) Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |