Reader comments: Record numbers having trouble paying mortgage
5 comments | Read story
Earl | 12:40 p.m. Sept. 6, 2008
So where are all those "experts" who predicted the housing crisis would be behind us by this time? This is just the beginning, folks.
Brad | 8:43 p.m. Sept. 6, 2008
Let the falling prices begin. Let this truly be a buyers market, and I want to see homes contiuning to go down. We still need major price correction. I make 40k a year, and I can't even afford a townhome. Let them go back to where they were 5 years ago. Thanks.
Re:brad | 10:47 p.m. Sept. 6, 2008
couldn't agree more
Comments continue below
Buyers Market | 11:34 p.m. Sept. 6, 2008
Yes I agree with the earlier comments. They say this is a buyers market, but then sellers are contiuing to hold out for top dollar on their homes. Until they are willing to drop their prices back to where they were 5 years ago, then the market will continue to be dead and slow. 5k-10k reductions don't mean much when homes falsely appreciated 100k or more in the last 5 years.
Re: all of you | 12:01 a.m. Sept. 7, 2008
Yeah! Ditto. I'm so sick of everyone thinking God put me on this earth to overpay for a starter home, just so the sellers can upgrade to a McMansion on my dime.
Foreclosures are sad, but people act like they'll be on the STREET on SKID ROW if they don't own a home. There's a little thing called renting for awhile and saving back up for your next round, when our society gives your credit score a clean slate. Boo hoo.
Foreclosures are sad, but people act like they'll be on the STREET on SKID ROW if they don't own a home. There's a little thing called renting for awhile and saving back up for your next round, when our society gives your credit score a clean slate. Boo hoo.
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