Monday, October 20, 2008

housing market

I have wondered who the people are losing their houses. On Nightline the other night they showed a family in this situation. If you have a chance to watch it i will post the link. The article (video clip) is called Underwater Mortgages.

http://abcnews.go.com/nightline




This to me is craziness. A full time student took out a mortgage for $300+. These are the people that we are going to be helping out with their mortgages...That's a joke!!

2 comments:

l said...

The idea of personal responsibility seems to be pretty lacking in society today.

Trisha said...

amen sister!