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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: shades who wrote (28769)3/25/2005 5:06:34 PM
From: John VosillaRead Replies (2) of 306849
 
I am certain if he KNEW enough about interest only loans he would be living in a nice fine house leveraged to the hilt instead of in this dumpy trailer park. His ignorance to them and banking and finance in general is all that is saving him right now

As this man shows it usually is better to enjoy the simple things in life than be up to your eyeballs in debt and a slave to the system. Unfortunately our culture today bombards everyone through so many mediums of advertising to borrow and spend way beyond what they can afford. Good news is it seems like humidity hell has now officially arrived in Florida and that means the tourists are going to make the roads a little less clogged.<g>
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