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| | |-+  The housing crisis
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Poll
Question: Were you or anyone close to you directly affected by the housing crisis?
Yes   -5 (31.3%)
No   -11 (68.8%)
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Total Voters: 16

Author Topic: The housing crisis  (Read 1114 times)
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ComradeCarter
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« on: March 29, 2008, 01:50:36 am »
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I wonder how many people here really felt the effects of the crisis through losing a home, declaring bankruptcy, or knowing a close friend or relative who did.
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BRTD
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« Reply #1 on: March 29, 2008, 01:54:22 am »
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No, because I rent and would never live in the suburbs.
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ComradeCarter
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« Reply #2 on: March 29, 2008, 02:04:30 am »
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No, because I rent and would never live in the suburbs.

I see. This confirms my suspicion that you are the only person you know.
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« Reply #3 on: March 29, 2008, 02:09:24 am »
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No, because I rent and would never live in the suburbs.

I see. This confirms my suspicion that you are the only person you know.

And everyone else I know rents and doesn't live in the suburbs (which makes perfect sense, how many 21-24 year old suburban homeowners do you know?) except for relatives and I don't know of any of them being affected. So there you go.
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ComradeCarter
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« Reply #4 on: March 29, 2008, 02:15:18 am »
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No, because I rent and would never live in the suburbs.

I see. This confirms my suspicion that you are the only person you know.

And everyone else I know rents and doesn't live in the suburbs (which makes perfect sense, how many 21-24 year old suburban homeowners do you know?) except for relatives and I don't know of any of them being affected. So there you go.

Actually I do know a handful, unaware if they were really affected however.

Right now you seem to be the exception, hmm.
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dead0man
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« Reply #5 on: March 29, 2008, 02:16:25 am »
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I purchased a home right when everybody else was getting into these stupid, risky loans.  People who study this kind of thing were saying then that it was going to lead to trouble with all of these people banking that housing prices would just keep going up forever.  I chose to get a regular old 30 year home loan like everybody has for the past 50 years or so.  I didn't buy a McMansion I couldn't really aford just because somebody was willing to loan me the money for it.  

Why should my tax dollars go to bail out people that did this so they can stay in their houses they can't really afford?
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Quote from:   Martha Gellhorn for The Atlantic 1961
The unique misfortune of the Palestinian refugees is that they are a weapon in what seems to be a permanent war...today, in the Middle East, you get a repeated sinking sensation about the Palestinian refugees: they are only a beginning, not an end. Their function is to hang around and be constantly useful as a goad. The ultimate aim is not such humane small potatoes as repatriating refugees.
Comrade Sibboleth
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« Reply #6 on: March 29, 2008, 07:22:19 am »
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I know plenty of people who can't afford to live in the villages they grew up in because a load of rich incomers have priced them out of the market. Is that what thee mean?
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Richard Hoggart 1918-2014
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« Reply #7 on: March 29, 2008, 08:43:33 am »
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No, everyone I know either rents or already has their mortgage's on their house's paid off.
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Willy Woz
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« Reply #8 on: March 29, 2008, 08:46:30 am »
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No. We have owned this house for 17 years.
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ukchris82
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« Reply #9 on: March 29, 2008, 11:39:53 am »
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I live in the suburbs,
We chose to live in them,
we bought in 2005, and are still showing a profit (albeit not as much as it was last year)
We're 25/26
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Snowguy716
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« Reply #10 on: March 29, 2008, 12:36:29 pm »
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I wonder how many people here really felt the effects of the crisis through losing a home, declaring bankruptcy, or knowing a close friend or relative who did.

We aren't really having a housing crisis here.  Yes, prices have stopped rising and there are fewer buyers than there were, but nobody is losing their houses.

We're so poor here that we don't notice ups and downs.. we're just always "down".
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"Above and beyond the question of how to grow the economy there is a legitimate concern about how to grow the quality of our lives."
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Хahar
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« Reply #11 on: March 29, 2008, 12:39:23 pm »
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No. Small 3 bedroom/2 bathroom houses still sell for over $1 million. The housing crisis doesn't touch super-rich white-collar majority-Asian California suburbs.
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The idea of parodying the preceding Atlasian's postings is laughable, of course, but not for reasons one might expect.
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