Re: Lenders keep doing it, your 401Ks will soon be gone

**Flop The Nuts** · 08-29-2007, 11:55 PM

Originally Posted by BonnieJ2

Why would you even WANT to buy a house if you are both unemployed? Who's to say that you will find a job that's convenient to your home? Maybe you'll find a great job 60 miles away, or in another area entirely.

Bonnie, if everyone thought like you, there wouldn't be a problem with the subprime mortgage market.

**BonnieJ2** · 08-30-2007, 09:23 AM

Thanks, Flop. It seems basic.

**Big** · 08-30-2007, 09:50 AM

Originally Posted by BonnieJ2

Thanks, Flop. It seems basic.

Some people can't resist the urge however irrational. They need that Iron Wall.

**wrastler118** · 08-30-2007, 03:35 PM

Originally Posted by Flop The Nuts

A 2,500 sq ft house with less than 1/2 an acre in my area goes for anywhere from $900k to $1.2 mil. If you put $600k down, your monthly mortgage will be around $4,500 per month, depending on a variety of factors, including whether you finance your property taxes, how many points, etc...

California real estate is crazy though. If you were lucky enough to have bought a house ten or fifteen years ago, you're golden.

What a rip off. I guess if you're dumb enough to pay that price, you got what's coming to you.

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