Fred writes: >> > Seems awfully unfair to the working class young couple who have been >> > renting, saving money for a downpayment, and waiting for the bubble >> > to burst so they can afford to buy a house. Why benefit the >> > speculators who put no money down and took out adjustable mortgages >> > in the hope they could flip before the market ran out of greater >> > fools? >> >> David, thanks for your comment. The speculators would of course be >> excluded from the moratorium, as they are in all the other >> anti-foreclosure proposals. >> But that should be specified.
Your qualification does not address the consequence of your proposal for the couple that chose to act responsibly. David _______________________________________________ pen-l mailing list pen-l@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/pen-l
