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re: More FHA insanity

Posted on 11/20/09 at 11:00 am to
Posted by displacedhorn
batonrouge
Member since Jul 2009
932 posts
Posted on 11/20/09 at 11:00 am to
boston is a high cost are. there are more than just ny and cal. those are the two best examples. miami,boston,DC,jersey, it has to be a huge metropolitian are to get high limits. the median house prices in those areas are ridiculous
Posted by igoringa
South Mississippi
Member since Jun 2007
11876 posts
Posted on 11/20/09 at 11:28 am to
quote:

the median house prices in those areas are ridiculous


They are as such because we the American tax payer provide subsidized loans to 90% of those who buy and pay such ridiculous prices.

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