[reply][reply]24, still living at home. can’t find a job with a college degree, it’s crazy.
all I need is a 2 room apartment really, so that’s my first goal to obtain.
that sux! since everybody got forclosed on that means rental prices are going to go sky rocket because people HAVE TO rent! not a good time to be out of work or home! Don’t let it get to you too bad though at least you got your education out of the way. College is on the ridiculous cost rise as well, and it’s only going to get worse!
Late,
grmpysmrf[/reply]
Not necessarily. A lot of people are doubling up or moving back home to reduce/avoid paying rent due to lack of employment thus there hasn’t really been a substantial decrease in rental vacancies so no big price increases.
yeah but when people aren’t renting cause they are doubling up (which you are right they are), property managers are gonna try to recoup their losses buy jacking up the rent on those that don’t have the option of doubling up with family option.
OR wait till property managers find out that you have way more people in the dwelling than stated in the lease contract… There will be a fine and rent increase because that’s mroe wear on the dwelling,.
A golf clap for the sheeple of America who thought they could afford a 500K house with no money down and the big bucks earned from custodial work.
No kidding! I knew this was a bad idea and tried to save 3 of my friends from buying houses. Of the three, one has already been foreclosed and the other 2 are barely affording their properties, which are really actually pretty nice incomes; one of my buddies wife is a nurse and my other buddy (the one that stayed with me for a while) has a pretty nice job over seas now, but is still paying a ridiculously amount of money for A 1400 SQ. Ft. house. while they are both paying way to much at least they are in no danger of losing their houses. (At the moment)
My other buddy in Vegas just bought a house on a short sale and is paying a grand (escrow account) for 1800 Sq Ft. Not a bad little deal! Luckily, he was forced into waiting until now though, 'cause he was going to be one of those that bought ridiculously high if he’d’ve been able to and I kept telling him not too.
A wag of the finger to the bankers who should’ve known better but they, they won in the end, they got all the money and then some courtesy the US taxpayer. Enjoy the new yachts you wily bankers you.
Yeah this pisses me off so hard… The new political movement wants to blame welfare and what not but just look at what the Banks got. they got way more money out of the government than welfare… they gave out ridiculous loans, sucked up all of the money from the middle class, and then repoed the houses, then got money from the government for the repoed houses and then turned around and resold those same government money repoed houses!
So lets recap.
- Banks Sold houses-
- got all the money (bankrupted)from buyers they knew couldn’t afford the houses.
- Banks took back the houses from bankrupted buyers
- Got money from the government for taking back the houses
- Resold repoed houses.
Banks got paid 3 times on one house!
Pathetic, greedy bastards!
The wealthy are effectively turning this country into a 3rd world country! Americans use to make fun Mexicans for doubling up in houses and apartments and now Americans are forced to do the same! What a way to live. GO USA!!! home of the free!
Late,
grmpysmrf