Renter

3 Comments

Housing Bust Puts the Squeeze On Retirement Plans [view article]
I retire in another 30 years, hopefully the falling dollar doesn't diminish my 401K to zero dollar value by that time. Apr 03 02:14 PM
Yet Another Problem with Mortgage-Backed Securities [view article]
Not enough hard facts and background on the laws to elude that foreclosed losers have another trick available to save their home.
Dec 12 11:33 AM
Subprime Mess: No One's Fault But Our Own [view article]
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% Sep 18 01:19 PM

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