Article

2008-09-24 Home Front Economy

Illegal immigration and the mortgage mess - Prepare for your blood to boil

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Posted by GolfBravoUSMC 2008-09-24 16:25|| || Front Page|| [10 views ] Top

#1 Meanwhile.... as the congress critters cuss and discuss verious schemes and who gets credit, the "folks" postpone thier already delinquent Sept, and upcoming Oct & Nov mortgage, Escalade, and credit card payments in anticipation of the.... ~~NEW DEAL~~ entitlement year of "Jubilee." The perfect storm indeed.

Posted by Besoeker 2008-09-24 19:31|| 2008-09-24 19:31|| Front Page Top

#2 A lot of those "first time buyers" with subprime mortgages who have not defaulted manage to hang on by turning single family homes into multi family homes.

Posted by treo 2008-09-24 20:33|| 2008-09-24 20:33|| Front Page Top

#3 Illegals buying homes, it just sounded like a bad idea when I first heard it. Never really heard much more about it until it all started coming unraveled.

Posted by bigjim-ky 2008-09-24 21:20|| 2008-09-24 21:20|| Front Page Top

#4 #2 A lot of those "first time buyers" with subprime mortgages who have not defaulted manage to hang on by turning single family homes into multi family homes

Read that... buy single family homes fully intending to creat multi-family sanctuaries for additonal illegals. Does a hell of a lot for the neighborhood, school system, etc.

Posted by Besoeker 2008-09-24 21:27|| 2008-09-24 21:27|| Front Page Top

#5 Not to mention the carpets.

Posted by bigjim-ky 2008-09-24 23:25|| 2008-09-24 23:25|| Front Page Top

#6 It's also illegal. That's why we have zoning laws.

Posted by trailing wife">trailing wife 2008-09-24 23:32|| 2008-09-24 23:32|| Front Page Top

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