FP

Report: Renters Are Wealthier than Home 'Owners'

This is an absurd statement as those who agree it. Only a looser can believe it. How can you compare living in your own property doing whatever you want including renting part of it to make extra $ to rent to pay someone's debts ?. At the end of year what do you get back ? - nothing!

A Nation of Mortgage Slaves

If banks can afford more foreclosures before closing doors let it be but the problem is that more people indirectly will be layed off & rates will go very very high making cheap houses unaffordable not to mentioned losses in 401Ks.

I believe this is good news for the ones that never bought & never will buy any houses because they will go always be poor and above all very jealous of others.

The Wealth Effect of House Price Declines

For those who wanted to see housing prices drop now you have it. Patrick & friends enjoy it ! - Missery is waiting for all.

Advice for Renters: Wait Until 2010 to Buy

John1, I agree with you 100%, this is the same niche as patrick.net

Advice for Renters: Wait Until 2010 to Buy

Keep waiting, that when 2010 is here you will be told by the same guys to wait till 2013, on & on. For some people there has never been the right time & never will.
Keep waiting until socialism is here, no more 401k to worry, you will be given a house for free & you will work for free.

Second Mortgages: Why Absolve Consumers for Stupidity?

Stupidity from the borrowers who took the money they could not pay. More stupidity from the lender who gave their money without checking borrowers could pay back, they were relaxed to otherwise take away the property but now they will take a hot potato. Both deserve to loose their money and property. Both did it to make money from one another. The government should not help neither simply make both loose without any accountability then prices will go down to auction prices while many stupid borrowers their credit trashed and many stupid banks will close. Now what to do with the good borrowers who bought in the wrong time and are paying on time but their properties are a hot potato ? - Help them or simply tell them you dummies !