Quote:
Originally Posted by MrMaxwell
The banks only lose when they cause wildly stupid fuckups. Like loaning to every subpar idiot in the world. Like making risking investments. Not 100% their fault, though, because the god damned government did lean on them to do the bad loans in the beginning, but they got a taste of fast easy money because real estate was so golden and hyped up... they ran with it and allowed people too lazy or stupid to read a contract have loans.
The banks and those idiots deserve whatever happens..
Of course, now, the same government who caused the whole problem steps right in to rape every American in the urethra so the big important banks don't fall down and go blam
This way we ALL get to pay for the lazy, stupid, greedy pieces of trash
People who bought 5x the house they could afford and banks who wrote ridiculously bad paper
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Exactly, people are quick to forgot (or didn't know) that the govt thought everyone should be a home owner and did less up the restrictions allowing banks (and even forcing them) to loan to sub par people. Fucking democrats, actually believed that everyone could/should be a home owner.
Quote:
Originally Posted by chaze
Afford it or not anyone who bought real estate in the last ten years made a bad choice.
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I'd say 7-8 years. If you bought in 2001, 2002, or even 2003 you still on the positive. It didn't really boom hard till 04,05,06 then started bursting.
Quote:
Originally Posted by arock10
maybe people are pissed that the banks got bailed out even though they fucked things up. Then home owners lost their jobs due to the banks fucking up the economy and are now having their house taken by the bank that was bailed out with their tax dollars....
I doubt they give a damn about a potential buyer, its just them versus the bank
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banks didn't fuck up the economy.