24
Sep/2008

by signage

WHY? because they did it to themselves. they should have known better. Every positive has a negative and vice versa. When you allow a person that does not have sufficient income to "have a home" and live the "american dream" like the rest of us that CAN afford this, your asking for trouble. Not only did this action affect the housing market it aslo affected other aspects of OUR living. OUR menaing the middle working class. When you allow these "less than desirable" people that are not accustomed to have a home, thats means they can have a home in YOUR neighborhood.

Ahhh, starting to understand now?

Pretty soon they are shoving the previous residents out and bringing more undesirables in. Pretty soon you have a neighborhood, no value, no desire to be lived again by the middle working class. How many times have you rode around and said, "how do those people afford to live here, I bust my a** everyday to live here", well there you go. AND NOW! the reaper has come to these companies because they are NOT getting the monies back they invested in these high risk loans.

I think all companies that partook in this "welfare american dream" should belly up and start anew. The government should NOT step in because as we have learned throughout the years the government is a bad manager of monies. Also with the government come corruption and mass chaos. Terrible management over its own employees and tons and tons of waste. Things have a way of working themselves out.

This whole subject is disgusting and sickens me. The waste of real estate that is left. The neighborhoods that are standing look as though a tornado hit them and they are left to rot. These are neighborhoods I had freinds in growing up. i ran this whole town back in the day. It sickens me.

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