Quote:
Originally Posted by SP01715
I don't know about that. I know people that were buying 400k performance boats with down payments of 100-200k from equity in their homes that can't afford them. Buying a 50k car is nothing compared to the crap the house rich people (that now can't afford these houses) were buying.
...And now the government wants to bail these idiots out????
|
Kinda like when you apply for a loan... for say 10k and the bank responds with, "you're approved for 60k!" haha happened to me recently! People DO need to be held accountable. But they should also not be mislead into believing they can afford somehting that they clearly can not!