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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (61032)2/27/2002 10:05:52 PM
From: Jacob Snyder  Respond to of 70976
 
re: some of those record numbers of buyers of existing homes in january got it wrong

Almost as wrong as the people taking out home-equity loans, to get all the equity out of their $400K houses, splurge on some ephemeral luxury, (and then maybe have the house value go to where it was 5 years ago, $200K). I get about 4 offers a week in the mail, to do this. Sometimes I think the government ought to ban this, enticing people to do things that stupid. Other times I think, you can't idiot-proof the world.