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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: piggington who wrote (32211)5/11/2005 3:58:18 PM
From: benwood  Respond to of 110194
 
That's the way auto dealers like to sell cars -- write down how much you can pay each month, and we'll do the rest!!

Might as well apply the same behavior to a $650k home, eh? What's a few hundred a month of overpayment between friends? What's a balloon payment in 5 years when real estate has crashed if not exhilarating?