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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]But come on -- it doesn't take a PhD in economics to know that you shouldn't be buying a house if you have to pay more than 40% of your gross income on interest alone in the hope that the house will appreciate enough so you can refinance. I agree the banks deceived people. But you were awfully willing to be deceived if it meant you could live in your dream house. [/quote]
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