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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (294235)11/29/2010 3:12:02 PM
From: John VosillaRespond to of 306849
 
Yep and the only way to get back at them is control assets bought from their REO pool at a big loss to them with today's very low fixed rate mortgages in the coming high inflation environment of the next cycle. Hold them for the entire term.. Don't let the bankers off the hook by selling and paying them off cause there will be a time you'll be earning 10% in the bank while still borrowing from them at 4.5%..



To: BWAC who wrote (294235)11/29/2010 3:14:12 PM
From: Giordano BrunoRespond to of 306849
 
Snagged 6,213,404 Irish slaves.



To: BWAC who wrote (294235)11/29/2010 3:21:19 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
How much more can they pile on the the private sector working class...that's how it should be worded. I know a long list of people who have equity in their home but who are being taxed out of it at the expense of the public sector. They have taken big pay cuts or lost their job while their property taxes edge higher.


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