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re: 7.7% of Mortgages Now in Forbearance

Posted on 5/9/20 at 12:54 pm to
Posted by Dawgwithnoname
NE Louisiana
Member since Dec 2019
4278 posts
Posted on 5/9/20 at 12:54 pm to
quote:

The number of people renting before this was already hitting record numbers.


This shows how unintelligent we have become as a society.

"Do I want to invest in something for my future or my landlord's?" well, mortgages are scary, so I'll let Mr. Landlord worry about that and I'll pay the note for him.

Morons.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 5/9/20 at 1:07 pm to
quote:

This shows how unintelligent we have become as a society.

"Do I want to invest in something for my future or my landlord's?" well, mortgages are scary, so I'll let Mr. Landlord worry about that and I'll pay the note for him.

Morons.


I don’t think you realize the point you’re making here. Nor do you address the more transient nature of our younger generations who are of home buying age.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69365 posts
Posted on 5/9/20 at 1:09 pm to
quote:

This shows how unintelligent we have become as a society.

"Do I want to invest in something for my future or my landlord's?" well, mortgages are scary, so I'll let Mr. Landlord worry about that and I'll pay the note for him.

Morons.


I am? I live and work in Nola. Was never going to be permanent. I just didn't see a point in buying a $400k home when I'm single and a fricking hurricane could come anytime and make it unliveable.
Posted by HECM62
NOLA
Member since May 2016
530 posts
Posted on 5/9/20 at 1:10 pm to
I agree 100%. When I got out of college, my goal was to save as much as I could towards a down payment. Did it in 2 years. People today don’t get it.
Posted by jclem11
Neoliberal Shill
Member since Nov 2011
7947 posts
Posted on 5/9/20 at 1:11 pm to
quote:

This shows how unintelligent we have become as a society.

"Do I want to invest in something for my future or my landlord's?" well, mortgages are scary, so I'll let Mr. Landlord worry about that and I'll pay the note for him.

Morons.


Oversimplistic take leaving out all the nuance. Just what I come to the OT for.

Stupid poors just need to work harder and pull themselves up by their bootstraps like I did.
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