Bill Zielinski

Here Comes the Foreclosure Cavalry

There will be foreclosures and mortgage delinquencies until we get to the point where only those with sufficient income to actually service their debt are allowed to borrow money to buy a home.

The government seems to be obsessed with making everyone a homeowner when in fact this is not a desirable for many individuals. By the time this crisis is resolved, we may all decide that we would have been better off as renters!