I wonder if Ron McCullough, fire chief of Glen Rock Hose and Ladder Co., which I presume is a volunteer department, is a builder in real life/his day job/whatever you want to call how he makes his money. And interest rates and credit ratings are what makes houses affordable or not. The question shouldn't be how much money can a borrower get but rather how can he get the money. All things considered $10K on a $250-500K isn't going to amount to any issue of affordability over the course of 30 years if the buyer can get the credit to begin with. It's the marginal guys, the one's that were conned into believing they could afford a half-million dollar loan on a 40K/year salary, and keep both cars and the boat and take out a home improvement loan (aka second mortgage), that got us into this mess in the first place.
On Tue, Aug 31, 2010 at 1:29 PM, Skare, Eric <[email protected]> wrote: > PA Home builders are disappointed . . . no big surprise. The fact that the > fire chief is supporting them is unfortunate. > > Link to the article: > http://www.builderonline.com/fire-safety/builders-association-disappointed-on-sprinkler-mandate.aspx?cid=BLDR100831002 > > Eric Skare > Uponor > _______________________________________________ > Sprinklerforum mailing list > [email protected] > http://fireball.firesprinkler.org/mailman/listinfo/sprinklerforum > > For Technical Assistance, send an email to: [email protected] > > To Unsubscribe, send an email to:[email protected] > (Put the word unsubscribe in the subject field) > -- Ron Greenman Instructor Fire Protection Engineering Bates Technical College 1101 So. Yakima Ave. Tacoma, WA 253.680.7346 Member: AFSA, SFPE, ASCET, NFPA, NFSA, AFAA, ASEE, NIBS, WSAFM, WFC They are happy men whose natures sort with their vocations. -Francis Bacon, essayist, philosopher, and statesman (1561-1626) _______________________________________________ Sprinklerforum mailing list [email protected] http://fireball.firesprinkler.org/mailman/listinfo/sprinklerforum For Technical Assistance, send an email to: [email protected] To Unsubscribe, send an email to:[email protected] (Put the word unsubscribe in the subject field)
