Political Gateway April 4, 2008 Deerfield Beach Florida – In 2004 and 2005 I suggested to people to sell their homes immediately and to rent. I told them the prices of homes were not true, they were not real. I implored them and even wrote a few articles about the coming land bust.
A note: Home values never went up, only the prices. By lowering the interest rate like they did is basically like printing money and giving it to everyone. Throughout our history this has been done and always has the same results. The ability for you to buy a higher loan increased, not the value of the property. No one's income went up, in fact many are going down. 2001 prices here we come.
Plan for your bankruptcy-
Realize you are talking about surviving here.
Feel bad, like you are using the system?
After your bankruptcy move into a nice rental and relax
Predictions for the next 12 months –
clipped from: www.politicalgateway.com