Renter

Housing Bust Puts the Squeeze On Retirement Plans

I retire in another 30 years, hopefully the falling dollar doesn't diminish my 401K to zero dollar value by that time.

Yet Another Problem with Mortgage-Backed Securities

Not enough hard facts and background on the laws to elude that foreclosed losers have another trick available to save their home.

Subprime Mess: No One's Fault But Our Own

What really pisses me off still is this phrase that is still being thrown around. Prices are coming down by x%. They always fail to mention how big of a gap their is between the realistic price and the overbloated price which may be 300% difference.

i.e. 12% drop really means that the house is overvalued at 300 - 12 = 288% still.

Excuse my rant - i live in california where these prices were overvalued 300%