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Re: $$$$$ Housing bail out????
Quote:
Originally Posted by JaySVX
Houses in my area are mostly in the $400k-750k range, and people get into them in variable interest rates. After 5 years, the price goes up, and they can't afford it. What did they think would happen? it's kinda dumb.
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Duh, they thought we'd pay their morgage for them! Next they'll want you to pay the loan on their Hummer as they didn't think gas was gonna cost this much when they bought it. 
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British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working.
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