In the past 10 years the Gov. made a move, a double or tripple step move. The purpose was to get everyones money, no matter what way they turn and squeeze the riches out of the baby boomers. In the end, those big houses will be worthless and mostlikey empty. Why, because phase one, was to build tons of homes and give great rates to get buyers, hell some evern bought and sold as an investment, buying new house after new house making big money in the process. Sounds fun, until you satuate the market get everyone and their mother a mortgage and inch up property taxes, decrease the value of their homes and inch up rates. What do you have then.....A TRAP!!!!....Americans are now trapped in homes they can not sell but must pay the mortgage while Uncle Sam's state side buddies bend you over and rap you with property taxes. Soon they will exceed your mortgage payment so that even the Baby boomer who has the cash to pay his 599K house off will run out of cash trying to pay taxes on it....
2006-09-10
10:24:23
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11 answers
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asked by
dyno_bot
2