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Old 12-10-2012, 05:08 PM
 
Location: Whittier, CA
494 posts, read 1,708,606 times
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Good documentary from Al Jazeera about the US Housing market, date: Sep 2012


Fault Lines - For Sale: The American Dream - YouTube
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Old 12-12-2012, 07:40 AM
 
Location: World
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Sad but its all about a cycle-Boom and Bust. There will be a recovery in future but when and how-noone knows.
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Old 12-12-2012, 08:45 AM
 
344 posts, read 388,885 times
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Hate to see anyone lose their home, especially with kids.

However, the death of individual accountability & personal responsibility has created a lot of foreclosures. We can blame the mortgage predators till the end of time, but at the end of the day most folks bought more house than they could afford.

Instead of folks learning a hard life lesson, the Government is making folks out to be victims by pointing blame at everyone else instead of themselves.
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