And today is as good a day as any. In all seriousness though, these shenanigans need to come to a close.
Allow me to explain something here. Renting is not financially superior to owning a home. Yes, by renting you have avoided the whole sub-prime mortgage collapse, and you are not currently getting raped because your ARM just shot through the roof. Newsflash bucko – not everyone who owns a home has an ARM. We all know that you weren’t renting specifically to avoid this fiasco, so stop saying that you were.
Now, someone who rents because they’ve realized that they’re not in the financial position yet to own a home and would prefer to put money into savings, etc; that person is smart. Similarly, people who buy homes that are inside their price range and get good, stable financing because they can now afford a home are smart.
Stop saying that you’re smarter than people who bought with ARMS because you’re renting. Owning real property is better than paying someone to live on their property.
Now, don’t think that homeowners aren’t going to get some of this. If you got an ARM, or bought a home that was beyond your means and now you’re getting screwed, stop blaming other people. It is no one’s fault but your own. The mortgage company did not put a gun to your head and tell you to sign on the line, you chose to do that yourself. If you expect the government to bail you out of your own financially foolish decisions, then you should be beaten with a Louisville Slugger until you aren’t retarded.
Honestly, what the hell is wrong with all these people? I swear, basic principles of economics should be beaten into every man, woman, and child in this country so that people will not do stupid things like this.
Finally, to the mortgage companies that are coming apart right now because of a shitty business model: You guys are retarded. Seriously, that was your plan? Talk about an utter lack of foresight. Stupid wankers.