awgee_IHB
New member
Just my opinion, even though no one is asking for it. But then, isn't that one of things I love about this blog. No one asks for my opinion and I give it anyways.
try to find better solutions to problems like the blow-up this thread has become.
I do not see the blow-up, at least that is not my perception of this thread. I see some strong personalities. Big deal.
Like IR said, if I don't like it, that is what the ignore button is for. Or I do not have to read a thread if I do not like it.
Honestly, I avoid about 90% of the threads. Why would I complain about any of them or anybody? If I find someone offensive, one click on the ignore button is taking matters into my own hands. Why would I impose my sense of offense or censorship on anybody else?
I never thought "4 weeks and then all hell breaks loose" would be accurate, but I was not sure.
That does not change my view, which I have had for years, that real estate will decline in price in real vs. nominal dollars until at least 2012. The more I watch the present government and Federal Reserve interfere with the natural course of the real estate market, the more I realize that the contraction will be more pronounced and drawn out than I initially thought as a result of all the interfernece. Price supports, loan mods, bank bailouts, tax credits, etc. will not "help" the market and will only load more burden of debt onto an already over burdened market. Debt must be paid. There is no getting around it. Neither the government nor the Federal Reserve can fix insolvency. Borrowing more money is not a solution to a debt problem. It is like giving heroin to a heroin addict. If loan mods do anything, they will shift the kick the can down the road or place the can on the taxpayer.
Foreclosure is the answer, not the problem. Foreclosure is the free market's solution to insolvency.
try to find better solutions to problems like the blow-up this thread has become.
I do not see the blow-up, at least that is not my perception of this thread. I see some strong personalities. Big deal.
Like IR said, if I don't like it, that is what the ignore button is for. Or I do not have to read a thread if I do not like it.
Honestly, I avoid about 90% of the threads. Why would I complain about any of them or anybody? If I find someone offensive, one click on the ignore button is taking matters into my own hands. Why would I impose my sense of offense or censorship on anybody else?
I never thought "4 weeks and then all hell breaks loose" would be accurate, but I was not sure.
That does not change my view, which I have had for years, that real estate will decline in price in real vs. nominal dollars until at least 2012. The more I watch the present government and Federal Reserve interfere with the natural course of the real estate market, the more I realize that the contraction will be more pronounced and drawn out than I initially thought as a result of all the interfernece. Price supports, loan mods, bank bailouts, tax credits, etc. will not "help" the market and will only load more burden of debt onto an already over burdened market. Debt must be paid. There is no getting around it. Neither the government nor the Federal Reserve can fix insolvency. Borrowing more money is not a solution to a debt problem. It is like giving heroin to a heroin addict. If loan mods do anything, they will shift the kick the can down the road or place the can on the taxpayer.
Foreclosure is the answer, not the problem. Foreclosure is the free market's solution to insolvency.