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Originally Posted by Phoenix Good god no. The whole housing problems in America right now are a giant cluster fuck beyond epic proportions. Every stupid fucking lender and buyer who sold or bought more than they could cover needs to learn a damn lesson.
Live within your means and buy a house you can afford and you wont have any problems. |
Normally, I'd agree about letting people wallow in their decision. But sometimes, you have to do what is best for the economy as a whole. Not bailing them out could make the economy that much worse. I am all for regulating future lending, though.