Quote:
Originally Posted by spence
Abortion and gun control are also slippery slope issues and we have legislation today that most people seem to be able to live with.
There's a big difference between a personal decision to enter or not enter a contract, and regulation to ensure the person issuing that contract is engaged in fair play.
You're mixing issues.
-spence
|
fair play? ever watch a commerical? how many products deliver as promised? Ever had a Big Mac that looks ANYTHING like the picture?
My point - Im fine with regulation for fair play. However, you cant have a safety net on everything. Since when did buying a home become easy or safe? Its always been a risk. I really have no sympathy for the scenarios presented in the initial thread. You take a risk, you win or fail. I'll give you 10% of the people that are in mortgage trouble were just plain stupid or manipulated by lenders. The other 90% wanted more and were willing to bank on the market continuing to increase. They gambled, they lost. Such is business.