Ray: I am not sure your point here -- but it was a gamble. If the housing market continued to go up forever (ha, ha), then these people would have made money -- free money with nothing down! ... and no real risk for those on the bottom (just walk away). What a deal! A real estate agent once told me that house prices were not going to go down again. Well I didn't believe him (or was it a her?).

By the way, your points might be taken better if you didn't always try and insult/offend the other participants.


"Good science comes in peer reviewed journals. Conspiracy theories come in YouTube videos. "
Kevin @ bandcamp: Crows Say Vee-Eh