Wednesday, July 4, 2007
People in dire s**t!
It must be difficult for proud homeowners to become tenants in their home... tough luck, i guess. "More often than not, [buy and rent back companies] do not pay anything like market price for the properties they buy, sometimes getting the property at three-quarters or two-thirds market value. They also do not guarantee that the seller gets to remain in their property." Therefore the market crash IS HAPPENING, call it buy-and-rent-back, call it anything else... it is a crash