Wednesday, March 21, 2007

Rising Mortgage Defaults?

America, I'm going to give you some sound advice that was given to me in my earlier years. DON'T LIVE ABOVE WHAT UNEMPLOYMENT PAYS.

If you can't truly afford a particular home, don't buy it. Look at a different home. Look in an area further away from the city. Get a room mate. My wife and I make comfortable livings doing our respective careers, and if one of us loses our jobs, we'd be fine.

Lenders: Stop financing homes to people who can't afford it. Sure, it's tempting to squeeze every dollar you can out of someone if you're a scumbag, but you're only hurting yourself and the economy if you continue to do so.

Travis
travis@rightwinglunatic.com

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