Wednesday, November 23, 2011

Is it fair to ask those who can pay their mortgages to help those who can't?

I bought a house I knew I could afford. Its old, and needed some work but I didn't mind fixing it up. People laughed at me, and insulted the house. Yes, I could have bought one of those massive 'burb mansions, but I know that utilities, taxes, and upkeep would be more expensive. Now Obama says I should pay more taxes to help those morons who either speculated, or got greedy.Is it fair to ask those who can pay their mortgages to help those who can't?
NO, Obama is giving you a tax cut so you can spend more on your house.





Probably we'll give more money to the greedy bankers who made billions selling subprime mortgages to buyers and then as securities.Is it fair to ask those who can pay their mortgages to help those who can't?
It's Socialism, and Socialism sux!
no. but you should fix that house good! and then invite all those morons than they'll see they were wrong.
Yes. Why? because not all of them were ';morons'; that got greedy. The last study I read said the majority that are facing foreclosure now are because they lost their jobs. In this economy, one can't just get another job quickly. No career/ area of the job market is safe from lay offs or shutting their doors even. I'd guess not even your job is 100% safe? Just because you say you bought a house you could afford, unless you paid cash for it, it doesn't mean that if you lost your job, or even ability to work at a fairly young age like I just did, that with no income or only one spouses income, that it would still fall into what you could afford. It's hard to pay ANY mortgage even w/ a great education when so many businesses are not hiring or shutting down. Whole cities in MI have become ghost towns. There are streets across the US now called ';foreclosure'; avenue. Those people had great jobs and bought houses well within their means and lost it all when they lost their jobs. We are not in danger of losing out home but on one income it is tight. It would be nice if we could weed out the FEW morons that did buy too much house and didn't make any effort to pay despite having jobs, etc. but I think they are greatly the minority in this crisis. I just look at it as we can't do that and if my husband lost his job, it would only be a matter of time before we were one of the sad stories.

No comments:

Post a Comment