Foreclosures

Added: Jul 25, 2008

From: RemiG2006

Duration: 2:16

07.25.08

Channel: Education

Tags: economy  foreclosure 


Rating: 5.00 (5 ratings)    Views: 6235' favoriteCount='1    Comments: 6

odin422 Says:

Jul 25, 2008 - vultures

Starry2000 Says:

Jul 26, 2008 - Exactly, odin. Listen to 0:44... it seems they are actually looking for problems to profit from. You know they might be selling all of the stuff they are picking up from the houses. I wish the banks would go with the lesser evil of keeping people in their homes to avoid snowballing problems like those houses. Even if people couldn't pay enough, they might pay *something* and upkeep the house. Just IMO.

tachikaze222 Says:

Jul 26, 2008 - As long as these are rehabbed and sold I don't see the parasitical aspect. Buying up the houses to rent them out, however, does a great social harm in keeping people from being able to buy their own place eventually. The blame for the situation falls at least 50% on the dumb-ass buyers who got into more house than they could afford in chasing free appreciation profits. The bank underwriters deserve 30% and the govt the rest for not adequately enforcing existing law and not pursuing fraud.

repo4sale Says:

Jul 29, 2008 - Been there done that. Must clean up after the LOSERS and PIGS!

richasis Says:

Jul 29, 2008 - God Bless the "Service Economy"

atlantasbest Says:

Aug 7, 2008 - Of course their voltures!





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