Quote:
Originally Posted by Uberom
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Saved money from the military. Big down payment. Terrible housing market. Girlfriend makes 90 a year, at the time I was making about 50.
Not really impressive.
What's impressive is the bank loaning money to people who try to afford something they can't. Then they just let the house go into foreclosure, rather than pay what they owe.
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Lol once again you take out all variables and make broad overarching statements. Nice! So guy who makes 200,000 dollars buys house worth 800,000 dollars with a LTV of 75% loses job during recession and house is now worth 475,000 dollars.
So its his fault he was laid off during the second worst economic crises and its his fault he lives in so cal and cannot find another job? Once again you fail to understand the gravity of the situation or you are just a racist troll.