My Revenge will be Success! - Donald J Trump
DGUtley (05-16-2022)
Ethereal has a good point though. The debt we created under Bush and Obama was unforgivable. We should have shut the government down on budget battles rather than give into the Democrats on social spending. Once we allowed it then the addicts needed more and more.
The deficit was Trump's big failure as President. The Democrats created it so they were in no position to use it against him. Trump thought he could outgrow the deficit but COVID hit and gave the government thieves the upper hand.
Now here we are with Biden who feels he has every right to ignore the debt he creates.
Let's go Brandon !!!
My daughters friend another teacher applied for a mortage, good job, stable employment her and her husbands income is great..good credit score, the bank required 40% because of two hits on their credit report they didnt know about. Is it a general rule I doubt it but its certainly being applied to people with slight marks against them....
Dave banks are very gunshy, they actually are scared to death, with houses sometimes selling double their value for the last year and half,, when that flops and if the mortager loses their job and defaults...they will get stuck with the inflated prices in the mortgage...this is going to get ugly when the market drops...theres not a house for sale around here, they list it and its sold before they put it on the multiple listing the realtors have lists with what their buyers want
LETS GO BRANDON
F Joe Biden
carolina73 (05-16-2022),Peter1469 (05-17-2022)
In the housing crisis the average price of a house dropped 19%.
The government made it difficult for banks to foreclose and evict but their were also few consumers looking to buy. Then angry people blamed their banks and stripped the houses on the way out, leaving even more expense or loses. Then the banks had to pay realtors to sell the properties.
The lesson the banks learned from the Housing Bubble are reflected in that 40% down payment and suddenly look realistic.
Let's go Brandon !!!
Common (05-17-2022)