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my next door neighbors are being foreclosed upon. they're both sixty-three years old and good people. insane.



I'll tell you what's insane, having a house payment when you're sixty-three. Poor planning.

i agree. i have no idea why they still have a mortgage at all. ridiculous.



Real Estate people are ridiculous. Theres some kind of real estate society in Australia and they are always trying to put fear in people saying house prices will keep doubling every five years etc etc and soon we will see multigenerational loans etc etc and in a couple of years not even Bill Gates will be able to afford a house in Australia. Even now that USA are going into recession they still keep putting out stupid statements like this that go straight into the papers. I guess ultimately they are trying to look after people in the real estate business but i'm really sick of this business of them trying to put fear into people

Likewise all the dodgy property "investment seminar" people - quick you need to buy up all the houses in Australia or else you'll be naked living in the gutter in a few years... and all the wrappers - "Wow look at me I've bought 1 million properties in 2 years and now i'm raking it in by charging people who can't get a bank loan twice the interest rate on a property whose value i've already inflated

I hate all the negativity and bullying nature of the real estate industry