Foreclosure Onslaught

By
Real Estate Agent with Frank Rubi Real Estate
Do you think the government is really worried about the homeowners who may loose their home? Are or the politicians worried about getting votes.  I think they are just worried about the investors and the big bucks they may lose either thru campaign contributions or dividends.  I want the government to stay out of this mess, since they caused it in the first place.  let the market take care of itself.
Posted by

 

 

 

 

 

 

  

 

Search New Orleans Real Estate                                      

All information is deemed accurate but not guaranteed.  We serve the entire NOLA metropolitan area give me or Frank a call at 985-640-1817 or 504-319-9696  

 Licensed in Louisiana (USA)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Tags:
slidell la homes for sale
madisonville la homes for sale
lacombe la homes for sale
arabi la homes for sale
pearl river la homes for sale

Spam prevention
Show All Comments
Rainer
39,782
Jon Miller
United Country-Marshland Realty - Beaufort, SC
Amen brother!  But since the government helped break the cookie jar, maybe they should help sweep up the mess.
Dec 27, 2007 08:15 AM #1
Rainer
28,491
Jen Hudson
Windermere Real Estate/M2, LLC - Stanwood, WA
Stanwood, Camano & Arlington, WA

I agree John.  I agree with Shawna, there is too much "bad credit, no problem" that is the real problem.

Dec 27, 2007 10:01 AM #3
Rainer
86,749
asdf zcxv
Keller Williams Realty - Ann Arbor, MI
Ann Arbor Area Real Estate

Yes, we all need a personal money management class.  The whole country could use some help and throw away those offers for credit cards for heavens sakes!  The government is just sounding like you said, they want to look like they saved some people thereby getting some votes. 

 

Dec 27, 2007 09:41 PM #4
Ambassador
1,554,356
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"
Staying out of the mess is the best thing the government can do.  If they jump in the "cure will be worse than the disease.  Karen Kruschka
Dec 27, 2007 09:58 PM #5
Ambassador
938,246
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
John, I agree the government needs to take the hands off approach on this issue.
Dec 28, 2007 12:35 AM #6
Rainer
2,973
Josh Austin
Corona Real Estate - Star, ID
Personal accountability goes a long way in investment decisions.  I have made a number of investment decisions through out my life that didn't turn out the way I imagined.  I have a hard time sympathizing with someone who knew exactly what the outcome would be, ie. interest rates will baloon up at this exact date.  Perhaps it is a symptom of immediate reward syndrome (I have no idea if that is a relevant term but that is what I know it as).  Many have the buy now pay later mindset (credit card companies make a great living promoting this).  Just my thoughts anyway.
Dec 28, 2007 12:55 AM #7
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
388,919

John Walters

Licensed in Louisiana
Whats my home worth?
*
*
*
*

Additional Information