what's wrong with renting? i do, and i am not even "in the lower segment". a friend of mine used to work as a mortgage broker in south california a few years ago. i have know how those guys got into the houses in the first place. if someone comes to you and offers a car that you cannot afford to buy, but can pay monthly payment for 3 years, it's called lease and it's ok. if the same happens with houses, for some reason people see it as a disaster. why no photo essay "expiration of car leases" showing broken down, hard hit former SUV owners?
best, mishka On Fri, Nov 7, 2008 at 9:24 AM, William Robb <[EMAIL PROTECTED]> wrote: > > I expect the people on the lower end of the price range are far more > affected than the people on the higher end of the market. > Ah well, let them all live in tents, and when the hurricanes come, as they > always do, then the tents will blow away, and they can build huts out of > newspapers and sticks. > I find it really sad that this knd of story has become a cliche. > > William Robb -- PDML Pentax-Discuss Mail List PDML@pdml.net http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.