Liberal Forum

are you ready? soon banks will be flooded with foreclosed houses. already it is taking longer to dump houses. many not selling , even after dropping prices over 25%. if you do not need to sell. sit it out. yes.  you will see the market value of your home drop by around 85%. but. just sit it out. may take 50 years. this is great for young children. they will be able to buy homes when they are in their 20's. horrible for young adults with student loans and massive house payments. most of that generation will live in financial poverty for the rest of their lives. isn't it amazing what congress did to them?