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  1. Join Date
    Oct 2002
    Posts
    9,894
    #21
    ginawa kasing sugal ang home buying eh

    i made a "killing" on my home during the boom years, and now i probably lost half my "earnings" in this down market. but i don't care. i bought my home to live in, not to speculate on :snob:

  2. Join Date
    Dec 2005
    Posts
    617
    #22
    Quote Originally Posted by M54 Powered View Post
    ginawa kasing sugal ang home buying eh

    i made a "killing" on my home during the boom years, and now i probably lost half my "earnings" in this down market. but i don't care. i bought my home to live in, not to speculate on :snob:
    Exactly! dami din bumili with the hope of a 6 figure windfall profit within just a couple of years which is one of the primary reasons people ignored the ill-effects of the various mortgage schemes.

    they got burned :fire: ...burnt to a toast!!! :burn:

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ano epekto sa 'tin ng US mortgage meltdown?