by coyote » Thu 19 Feb 2009, 19:48:46
$this->bbcode_second_pass_quote('', 'h')ttp://www.whitehouse.gov/blog/09/02/18/Help-for-homeowners/
I didn't see the part where they're going to help first-time homebuyers - the ones who saw something this coming and have been waiting patiently for prices to cycle back down from unreasonably high levels so they can afford to buy responsibly. I'm sure it must be in there somewhere - they wouldn't make us folks pay to keep the prices up where we can't afford them. That wouldn't be right.
I guess I should be happy prices have come down as much as they have. If I'm lucky, this plan will fail. My opinion is that prices will have to come down to reflect more reasonable values eventually anyway, but this thing could delay it enough to screw folks like me pretty good, keeping home prices just out of range for who knows how much longer -
if it succeeds.
Hey, I voted for the guy. My fault. But Palin just looked way worse.