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SVTPerformance's Chain of Restaurants
Road Side Pub
House Bubble 2.0?
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<blockquote data-quote="Twisted2v" data-source="post: 16052725" data-attributes="member: 119147"><p>I'm sorry man. We're being ****ed over by the a big collusion scam that they just blame the "market."</p><p></p><p>It's a collection of investors, landlords, real estate agents-mainly brokers, contractors, builders, material suppliers, and the main beneficiaries-lenders, banks, and governments.</p><p></p><p>They're all in it to charge you more so they get rich, or take your house and "widow's houses" when you finally can't pay.</p><p></p><p>Think that if investors/landlords put their houses up for sale at over retail beginning in the Spring/Summer when families buy. Their buddies buy the houses, or the realtors mark them sold. This will cause people to panic, and force them to bid on overpriced houses on irrational feelings. </p><p></p><p>A 500,000 house with a mortgage of 30 years at 4.5 % will cost 412,000 just in mortgage interest. More mortgage, more interest. </p><p></p><p>The rich win, and families lose. Those that missed out on the scam will have to pay landlords and fund their investments.</p></blockquote><p></p>
[QUOTE="Twisted2v, post: 16052725, member: 119147"] I'm sorry man. We're being ****ed over by the a big collusion scam that they just blame the "market." It's a collection of investors, landlords, real estate agents-mainly brokers, contractors, builders, material suppliers, and the main beneficiaries-lenders, banks, and governments. They're all in it to charge you more so they get rich, or take your house and "widow's houses" when you finally can't pay. Think that if investors/landlords put their houses up for sale at over retail beginning in the Spring/Summer when families buy. Their buddies buy the houses, or the realtors mark them sold. This will cause people to panic, and force them to bid on overpriced houses on irrational feelings. A 500,000 house with a mortgage of 30 years at 4.5 % will cost 412,000 just in mortgage interest. More mortgage, more interest. The rich win, and families lose. Those that missed out on the scam will have to pay landlords and fund their investments. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
House Bubble 2.0?
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