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USA Housing
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To
30/07/2008 09:17:00
General information
Forum:
Finances
Category:
Other
Title:
Miscellaneous
Thread ID:
01334825
Message ID:
01335265
Views:
12
>>>>I don't appreciate you cutting off the last sentence of my previous reply. You may not like it but it contained the answer to what you write here. Nothing forces people to take gamble as much as knowing that big, bleeding-heart government will bail them out.
>>>
>>>Sorry, I kept what I responded to. I do a lot of snipping because I hate dealing with these enormous messages, where you scroll down two or three pages to find one new sentence at the bottom.
>>>
>>>I disagree that the homebuyers thought there'd be a government bailout. I don't think they thought they'd need one. Prices would just keep climbing and they'd resell and make a ton of money.
>>>
>>>Tamar
>>
>>Would you agree that current bailout will help to foster 'safer feelings' in future homebuyers?
>
>For a short time, perhaps. Then people will forget and go back to business as usual.
>

I don't think so, at least not soon. Many have gotten hurt in this housing slump, and not just those who have lost their homes. We'll see.
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