Mortgage quiz
From today’s Charlotte Observer.
--Who buys only a home they can afford?
--Who is extremely conscientious about making the mortgage payment each month?
--Who buys a home to live in as opposed to trying to flip it quickly for a profit?
--Who forecloses at a lower rate than the rest of the population?
The answer: undocumented immigrants.
6 comments:
Greg,
I thought you would be interested in this letter from Morales to the EU. Enjoy.
http://machetera.wordpress.com/2008/06/12/evo-morales-on-the-eu-returns-directive/
Will
Further evidence of their threat to the "American way of life," no? At first I meant that sarcastically, then I realized maybe our new way of life has become about spending more than we have and trying to make a quick profit with little effort. And the members of the Great Depression/WWII generation just shake their heads.
/soapbox
I'm starting to realize I'm conservative (as opposed to right-wing) in some ways.
That's my behavior towards my mortgage as well.
Maybe sometime I'll have to write something about the Europe side of immigration, which I haven't studied much.
Russ and Randy--watch out, because at some point frugality may be seen as sufficient evidence that you should be deported...
in South Florida there are periodic news items about some family getting deported and having to sell house suddenly,or simply abandon it, so it goes into foreclosure.
Greg,
Not to worry. My wife is a naturalized US citizen. ;-)
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