SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Gordon who wrote (310)8/24/2001 3:56:14 PM
From: shadowmanRead Replies (2) of 306849
 
Tom,

On foreclosure...I've done a little dd looking for a publicly traded company that handles foreclosure procedures (red tape) for financial institutions....thinking that maybe that business should (could) be good sometime in the future. So far I haven't found anything except some small privately held companies.

I'm beginning to think that easy credit for consumers is somewhat of a ploy. It allows the working stiff to consume products and services that their somewhat constricted income would not normally allow. It seems like a convenient way to hold down employment costs yet allow workers to believe that they can obtain (afford) goods and services that they may really not be able to afford. The rates charged for most of this credit seems usury...but this method of "phantom" wealth has been passively accepted and maybe encouraged by the "powers that be". It certainly fuels the economy.<gg>

Just thinking.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News