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SVTPerformance's Chain of Restaurants
Road Side Pub
Time for a rant...super frustrated with trying to find a house to buy
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<blockquote data-quote="FIVEHOE" data-source="post: 16423772" data-attributes="member: 140030"><p>If people were smart they would have been paying extra down on those rental properties. They in theory should have had enough equity in properties to be able to sell off a few during a downturn like this, and still make out well. Especially because the housing market isn't getting hit by it at this time. If people are getting ****ed, its because they were in over their head, and got greedy and didn't pay shit off and have enough equity/safety net. I find it hard to believe those banks would keep dishing out loans to people with a ****load of debt and little equity.</p></blockquote><p></p>
[QUOTE="FIVEHOE, post: 16423772, member: 140030"] If people were smart they would have been paying extra down on those rental properties. They in theory should have had enough equity in properties to be able to sell off a few during a downturn like this, and still make out well. Especially because the housing market isn't getting hit by it at this time. If people are getting ****ed, its because they were in over their head, and got greedy and didn't pay shit off and have enough equity/safety net. I find it hard to believe those banks would keep dishing out loans to people with a ****load of debt and little equity. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Time for a rant...super frustrated with trying to find a house to buy
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