Many homeowners can no longer afford their mortgage payments. That's status quo for any recession. What's new this time are those millions of homeowners who stop making affordable payments. Is this justified just because banks are screwing us over? You tell me....
Two ways to open a corked wine bottle without a corkscrew: method 1, method 2
Friday humor: kid stuck behind couch
This under-$100 gadget gives you the equivalent of a cell phone tower in your home.
Earth to be wiped out by nearby supernova! But don't panic quite yet.
Oh my.... States and local governments may face a $2 Trillion public pension deficit. From this to the federal deficit, the rising un- and underemployment levels and the ongoing residential and commercial real estate crashes, saying that this nation is in dire straits is becoming the understatement of the century.
KD Lang has pretty much the most gut-wrenchingly beautiful singing voice I've ever heard. You can listen to a sampling of her work here. Enjoy!
When I replace my Blackberry phone this year, I'm going to take a very close look at the Nexus One, Google's first offering.
Slideshow of the world's newest tallest building in Dubai.
Shopping for a home in Los Angeles County? Beware of the Shadow Inventory.
January 08, 2010
Subscribe to:
Post Comments (Atom)
1 comment:
Why not an iPhone? Seems like every Summer Steve Jobs ups the ante vs. the competition. Is it an ATT thing?
From your link on housing “I’ve been sitting in my house making no payments after 1 year and the bank hasn’t contacted me. I’m just saving up and when they come, I am out and getting a rental. No way am I paying for this.”
That's what I'd do if I were in the same boat. People with loans they cannot afford should seek housing that they can afford. The sooner that this happens, the sooner the financial crisis will be over.
The longer the government intervenes and tries to prop up the banks with borrowed money, while people miss payments and stay in the homes, the longer the crisis will go on. There has to be a purge of the bad assets and then we'll find the bottom (wherever that is).
Post a Comment