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| User Info | Would the gov pay people's mortgage?; entered at 2007-12-01 16:02:34 | |||
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Colossalc Posts: 1917 Registered: 2007-12-01 
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In case you missed the obvious point I didn't make - yes, my $500k house is going down in value. My plan all along was to move up to a more expensive house. If all houses go down 50% in value, then I have lost $250k in my house but gained $750k in the $1.5M house I bought. I say again - let the market work this out, and prudent people will benefit. Let the government manipulate and you hurt the prudent people and benefit imprudent people. Is that the message we should be spreading in America? America: Go ahead and be stupid! Everything will still be fine. Oh, and if you are smart - SCREW YOU. 2007-12-01 16:02:34
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