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Old 09-24-2008, 05:59 PM
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Default Why is foreclosure bad for banks?

and how does it lead to our weakening economy?
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Old 09-24-2008, 06:26 PM
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You put up cash for a house for $400K and now it's worth $250K. How is that good?People lose confidence and aren't willing to invest their money when there's uncertainty.
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Old 09-24-2008, 08:18 PM
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Housing is a scam. So is owning a car. Both are shackles. Why do you think all previous generations avoided them?
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