Are you going to see a spike in foreclosures??

RobBase (c) said:
People forget what drove all the foreclosures years ago. Option ARM loans, interest only loans, huge increases in home values out west led to people doing massive debt consolidation loans (cash out refinances) — all these dangerous loan types where employment was verified with either stated or no income verification needed. Most of these things don’t exist anymore so it’s become harder for people to drive themselves into debt.

@williewilliejuan can fact check this for accuracy.
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Go tell someone Obama (under Clinton's second term) had a hand in the housing collapse back in the day if you want some entertainment. They lose their fucking minds.
 
Across The Field said:
Go tell someone Obama (under Clinton's second term) had a hand in the housing collapse back in the day if you want some entertainment. They lose their fucking minds.
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Been there, done that. I do my best to totally avoid the political species these days the same way I avoid other wild animals.
 
Dolemite censored said:
I also see a lot of vehicle repos on the horizon.
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Yep.

www.pennlive.com

Are you ready for a 7-year car loan? It’s becoming more common as car prices rise

Cars are more expensive, and many middle-class families are taking out longer-term car loans to keep their monthly payments low.
www.pennlive.com www.pennlive.com

www.marketwatch.com

Why some Americans are using 8-year loans to buy fancier cars

Longer car loans — for six, seven, or even eight years — are increasingly common as buyers take on more debt to buy more expensive cars.
www.marketwatch.com www.marketwatch.com
 
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Dolemite censored said:
I'll use a splint while I slam your wife's snatch - repeatedly.

I'll make you madder than Will Smith, fool.
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Sure you will.

Right after you deliver my Moo Sho Pork, Jackie Chan.
 
I need @fordman84 , or @gobigred to please move my "Im Calling It" thread from the now defunct Current Events board.
Pretty please, with a fuck you on top. 🫶
 
Peter Gozintite said:
I need @fordman84 , or @gobigred to please move my "Im Calling It" thread from the now defunct Current Events board.
Pretty please, with a fuck you on top. 🫶
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BO-BOO-BEEEEEEP!!!!

I'm sorry, the number you have dialed is no longer in service.

Please hang up and don't dial it again.
 
SlinkyRedfoot said:
I’d tell you that your “lm Calling It” thread sucks balls, but frankly, I have no idea what it is.
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context clues help, and show that you are right.
 
Kaplony said:
I inherited a three mobile home park eight years ago. I managed it myself for eight years, this year I am going with a management company. I lost so much money because of Covid it was either pay someone to come demolish the trailers and plant them in pines where I could make a little bit of money in 15 years and break even in 30 years or turn it over to someone who will make me guaranteed money fromnow on. If I could sell this property for what I had in it I would. Unless you are buying a resort property to rent I'd advise against it in this economy.
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So far this has been a great decision. It costs me a little off the top but saves me the headaches I had before. Plus the management company is on top of issues I couldn't be on top of.
 
Kaplony said:
So far this has been a great decision. It costs me a little off the top but saves me the headaches I had before. Plus the management company is on top of issues I couldn't be on top of.
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Bwahahahaha

the King of Germany owns a trailer park. Derpy derp derp. Old sissy still can’t fight.
 
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