I Can't Believe This is Happening

[Amazing Larry]

This will not end well.

https://www.washingtonpost.com/business/economy/obama-administration-pushes-banks-to-make-home-loans-to-people-with-weaker-credit/2013/04/02/a8b4370c-9aef-11e2-a941-a19bce7af755_story.html#

[nate]

Lmao... it totally went well the first time it happened.

[Jason]

just the dems trying to help out those that are less fortunate.

[Brandon]

Subprime 2.0

We are over regulated and they could relax some guidelines, but this will end the same as last time.

[AngelsLongBall]

Is this real life?

[Tank]

jim jones has a little reminder for all of us:

 

 

[Tank]

there are a lot of benefits to home ownership, and we should try to make owning a house something that a lot of people can do.

 

that said, there has to be a happy medium between giving gigantic loans to people who can't afford them, and houses that keep going up and up and up in price and are unattainable for lower/middle income earners. 

Edited April 6, 2016 by Tank

[Schildog]

there's going to be another crash before something like the proposal comes into the equation. 

[AngelsLongBall]

there's going to be another crash before something like the proposal comes into the equation. 

When?  Asking for a friend. 

[Schildog]

4/1/2018

[Amazing Larry]

http://nypost.com/2016/03/12/obama-is-setting-us-up-for-another-housing-crash/

 

[mtangelsfan]

"Sounds like a great idea, let's do it"

George Custer

[nate]

Bernie: "If you can get a secured Visa card then you should be able to get a mortgage!"

[Spirit]

Sweet Moses, we are the dumbest country on the planet. 

[nate]

Sweet Moses, we are the dumbest country on the planet. 

 

And only partially because you live here.

[Spirit]

And only partially because you live here.

 

 

Well, now it's only partially because of me.

[Angelsjunky]

That article is from three years ago.

[InsideThePark]

That article is from three years ago.

Colossal AW fail.

[Taylor]

Obama needs to watch "The Big Short."

[Jay]

Bernie: "If you can get a secured Visa card scabies then you should be able to get a mortgage!"

 

fixed

[Adam]

I will only get on board for this if the government guarantees all loans, removing any risk from private lenders!

[InsideThePark]

That was his moment. It was a dick slap heard around the world.

[Angelsjunky]

Ha ha. AJ finally made you all look stupid.

He totally redeemed himself.

 

Actually, I've done it plenty of times, its just that you're generally too dim to realize it.

 

[ABC]

That article is from three years ago.

 

LOL @ the economics and real estate experts here. Real estate values have soared since 2013. If anyone here purchased anything in LA in 2013, you would be rolling in massive appreciation right now.

[Spirit]

That article is from three years ago.

 

 

I think we all know I have a long track record of not reading the articles. 

 

 

 

 

(Side Note:  I refer to my penis as a "track record of not reading the articles.")