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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:33 PM Original message |
Here's how to restart the housing sector and the economy. |
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teddy51 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:38 PM Response to Original message |
1. Here's another way..... Do like the Canadian system does. |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:43 PM Response to Original message |
2. That would be impossible for existing mortgages |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:48 PM Response to Reply #2 |
5. Who said it would be banks making the loans? |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:52 PM Response to Reply #5 |
6. The banks aren't loaning as it is...this is the way around them I will add. |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:00 PM Response to Reply #6 |
14. they already are nationalized |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:56 PM Response to Reply #5 |
9. Ok, so now you want the government to be making unsecured loans |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:01 PM Response to Reply #9 |
17. I have no problem making them like student loans. |
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comtec (1000+ posts) Send PM | Profile | Ignore | Fri Sep-09-11 12:12 AM Response to Reply #9 |
47. i'd say the HOUSE is a pretty secure loan |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Fri Sep-09-11 06:24 AM Response to Reply #47 |
49. If you cannot foreclose |
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midnight (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:15 PM Response to Reply #5 |
24. Maybe... |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:45 PM Response to Original message |
3. wtf???? |
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sufrommich (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:46 PM Response to Original message |
4. The only people who would be buying houses would be |
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LadyInAZ (149 posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:54 PM Response to Reply #4 |
8. We need to come up with something |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:57 PM Response to Reply #8 |
11. Drastic times need drastic actions. |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:06 PM Response to Reply #11 |
19. do you know youre a neocon? |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:12 PM Response to Reply #19 |
21. No, it is socialism. |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:21 PM Response to Reply #21 |
26. if goldman sachs wasnt making $1b a day youd be right |
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sufrommich (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:59 PM Response to Reply #8 |
13. I agree. I just don't think that is the answer.I think we have |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:00 PM Response to Reply #8 |
16. And that's because the housing bubble is still deflating |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:54 PM Response to Original message |
7. your looking at the wrong side anyway |
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OneGrassRoot (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:00 PM Response to Reply #7 |
15. Unqualified for mortgage amount, yes; "broke deadbeats," no. n/t |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:10 PM Response to Reply #15 |
20. bullshit.. if you dont understand the importance of having to put 2% down |
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OneGrassRoot (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:27 PM Response to Reply #20 |
29. Aren't you just a delightful soul? |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:36 PM Response to Reply #29 |
35. some weren't, some were |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:39 PM Response to Reply #35 |
36. Wow...what did you just say about Bernanke??? |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:43 PM Response to Reply #36 |
39. like i care.. |
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Shagbark Hickory (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:56 PM Response to Original message |
10. IS that what you think?! People aren't buying because they're afraid of getting foreclosed?! |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 08:58 PM Response to Reply #10 |
12. They're afraid of what will happen if they lose their jobs. |
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Shagbark Hickory (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:02 PM Response to Reply #12 |
18. Not really. |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:15 PM Response to Reply #10 |
23. they aren't buying because their savings are being attacked |
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underpants (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:13 PM Response to Original message |
22. STOP FOCUSING ON THE FUCKING HOUSES |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:18 PM Response to Reply #22 |
25. then go live in the street if you dont care |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:25 PM Response to Reply #25 |
28. QE3 is gonna drive you "bat shit" crazy isn't it? |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:40 PM Response to Reply #28 |
38. YOU HAVE NO IDEA!! |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:58 PM Response to Reply #28 |
41. how does giving jpmorgan another 3 trillion and borrowing it back |
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underpants (1000+ posts) Send PM | Profile | Ignore | Fri Sep-09-11 05:39 AM Response to Reply #41 |
48. It would if we operated in an actual economy |
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michreject (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:21 PM Response to Original message |
27. How would that help a new home owner? |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:29 PM Response to Reply #27 |
32. Then you fall to forebearance. |
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michreject (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:40 PM Response to Reply #32 |
37. Explain |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:30 PM Response to Reply #27 |
33. exactly! |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:28 PM Response to Original message |
30. "If I had such a guarantee, I'd buy a house in heartbeat" |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:31 PM Response to Reply #30 |
34. Handle it the same way student loans are handled. |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:49 PM Response to Reply #34 |
40. and when you sell it short.. |
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Codeine (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 09:29 PM Response to Original message |
31. So I could get a house and never bother making a payment? |
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Mr Gerrity (51 posts) Send PM | Profile | Ignore | Thu Sep-08-11 10:08 PM Response to Original message |
42. Wow just wow |
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former9thward (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 10:11 PM Response to Original message |
43. So no one would ever pay their mortgage. Great solution. |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Sep-08-11 10:16 PM Response to Reply #43 |
44. Make it just like student loans. |
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zippytheplatypus (100 posts) Send PM | Profile | Ignore | Thu Sep-08-11 10:32 PM Response to Reply #44 |
45. NOOO!! |
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SheilaT (1000+ posts) Send PM | Profile | Ignore | Fri Sep-09-11 12:07 AM Response to Original message |
46. And to think that I put |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Fri Sep-09-11 06:53 AM Response to Original message |
50. Interest rates will go through the roof and banks will drastically limit lending |
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