Quote:
Originally Posted by DGTess
Homeownership is a privilege, not a right.
If you can't afford it, don't buy it. Above all, don't put every last penny you have into it. And don't give me stuff about the "escalating market" -- anyone with a modicum of sense knew, and many wrote, that the bubble HAD to burst.
If you can't understand the contract, don't sign it. That's a lesson many would do well to learn for EVERY instance, not just home loans. If you can't LEARN what it says, spend your money on school, not houses.
Remember that whole "pursuit of happiness" thing you were guaranteed? You have to catch up with it yourself. Don't expect me to bail you out when you can't.
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I agree.
I want to buy a vacation house. I hope all the speculators, flippers, and wannabe owners lose their shirts and prices drop like a rock.