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Reply #2: Good for people looking to buy, bad for those who bought to flip [View All]

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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-25-06 10:17 AM
Response to Reply #1
2. Good for people looking to buy, bad for those who bought to flip
and now can't sell. But most of them should have seen this coming. I'm all for home ownership, at reasonable prices. This is a good thing and a bad thing at the same time. Good for people trying to get their first home or move up to a bigger one, and bad for the Republicans as people who are trying to sell realize they can't and/or wind up with huge payments due to interest rates going up because of our poor leadership in this GOP-controlled country.
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