A Family Is Losing Their Home Every 7 Minutes

[Guest mattsta1964]

A total of 13,161 properties were repossessed in the three months to the end of September – 92 per cent more than the same three months of 2007, the Financial Services Authority said.

http://www.telegraph.co.uk/finance/finance...en-minutes.html

And this depression hasn't even started yet

Nice one Gordon and Tony.

But wait? Wasn't it a global problem?

Fekkn morons

[@contradevian]

Cue Yvette "Balls" with statistics showing it was ten times as bad under the Tories.

[threetimesdead]

http://www.telegraph.co.uk/finance/finance...en-minutes.html

And this depression hasn't even started yet

Nice one Gordon and Tony.

But wait? Wasn't it a global problem?

Fekkn morons

A legacy of one's own greed and foolishness.

[Y-QUERK]

How careless

[crash2006]

http://www.telegraph.co.uk/finance/finance...en-minutes.html

And this depression hasn't even started yet

Nice one Gordon and Tony.

But wait? Wasn't it a global problem?

Fekkn morons

direct cause of labour housing policies.

Communities and Local Government spokesman said: "We are determined to do everything possible to provide real help to home owners who may face difficulties during the downturn, and that means doing all we can to ensure repossession is always a last resort."

so were are the social homes? look into people with council homes renting them out.

Edited January 22, 2009 by crash2006

[XswampyX]

A Family Is Losing Their Home Every 7 Minutes, The Legacy of NuFascist

I hope they realise they are single-handedly distorting the figures. What are they playing at?

[interestrateripoff]

That's repossession inflation for you.

[jonewer]

How careless

Pretty stupid family if you ask me, I mean to lose yor house once is bad enough.....

[Prime Realist 8]

Fekkn morons

They're not morons. They're masters of spin, and they do that job well. They have managed to convince you that they're incompetent, when they are anything but. It's just propaganda.

[laurejon]

One family loses their home every seven minutes ?

Well as they say, one mans loss is another mans gain..............bring it on!!!!.

[tegan]

Every 7 minutes? They must be exhausted!

[DementedTuna]

It was never "their" home to start with, it was simply a rental with more freedoms... if you are a regular tenant then you are not allowed to smoke, have pets, breed, choose your decor, or be poor.

I swear most of the people who got IO mortgages they knew they couln't repay simply wanted a few years of freedom without having to deal with some miserable jumped-up little shite of a landlord with a mini-hitler complex.

They got a pretty good deal for the time that they managed to stay in their "homes".

Edited January 22, 2009 by DementedTuna

[hilltop]

A legacy of one's own greed and foolishness.

Quite right. Blaming Government for individual's waywardness is naive and unhelpful to everyone.

[tegan]

Buying a home is the biggest financial commitment of your life, if you can't be bothered to properly budget it, and that includes at least 6-12 months of contingency if you lose your job, then you deserve what you get really. Nobody wants to see others go through the pain of getting repossessed, but it's the rightful consequence of financial irresponsibility.

[zinny01]

TO$$ER$

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