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Real Estate
Reply to "What I don't get: When people complain that they are drowning because their house is underwater"
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[quote=Anonymous]What you are not getting is that people are greedy they bought expecting that their house would go up very quickly and now that it hasn't they want the government to step in and help them. Ironically, and no one remembers this, the first program offered by the government was we will lower your loan balance to allow you to refinance IF you will share your profit with the government when you sell. For those that don't remember, only about 100 people in the whole country took advantage of this. People want to be bailed out when they make a bad financial decision, but they don't want to share with the same parties when they make a good one. Pure greed.[/quote]
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