Quote:
Originally Posted by glassman
And Todd, since you see this everyday in your job, is living within your means....
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That is one major change I've seen over the last few years. People are more likely to buy economically today. Many have learned a few lessons or were conservative from the start. I still get the calls once in a while from someone with three nickels that thinks they should buy a home.
Quote:
Originally Posted by sik68
I was flipping radio stations last night on my commute home, looking for the MNF game. I couldn't believe I heard an ad for obtaining a home equity line of credit. "Bay Area housing prices are up an incredible 20% recently, call us to see if you qualify to borrow against your home to get money in your pocket!" 
I'm also happy to report I have a friend who I have HOOKED on THINKING about money and investing. He's turned the corner in a matter of a few short weeks and I know it will positively affect him for the rest of his life. Feels good to spread the knowledge! |
History always repeats itself.
I've already seen some noise of sub prime loans. There is always a hare waiting in the wings.