Thursday, October 9, 2008

2005: Now is a great time to buy

That's what the real estate shills were saying. And also were saying in 2006 and 2007 and even laughably early 2008. And now this, 1 in 6 people are upside down on their home.

I love headlines like these. Simply reinforces the fact I was right all along and all these idiot so-called experts were wrong. I guess paying $500K for a shoddy 3 bedroom, 2 bath, home with no yard, built by illegals in a week wasn't such a good idea huh? And the idea that the shithole would be worth $750K in 2 years - as no doubt was promised by the real estate shill selling it - was also kinda dumb thinking back on it huh?

But no worries McCain will buy up all those mortgages and all will be better. Because I know and you know that every time the government gets its dirty fingers involved in something, the result is always positive.

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