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Newt Gingrich Announces His Candidacy
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<blockquote data-quote="moreluck" data-source="post: 837649" data-attributes="member: 1246"><p>Minorities were the target.....black, hispanic, whatever. The bleeding heart Dems wanted all men to experience the glory of home ownership......except somebody forgot about the responsibilities of making payments. They just wanted all to own homes. Well, not everybody is cut out to own a home. Some people are renters and will always be. They don't have a color in common, they have a mindset in common..........they don't pay their bills and they buy every 'toy' under the sun. </p><p> </p><p>The loans for homes MUST require some monetary downpayments from future buyers ..... if you have no money tied up in a home, you'll just walk away. They Need a set amount downpayment.....we always did 20% down. The way we got it was to not buy toys and scrimp and save while all of our friends were buying new cars and bigger TV. Then we got the downpayment and bought a house while friends got some kind of gov't subsidy and got into an identical house for no money down. Do I sound p.o.'d ?? You bet I do !!!!!</p></blockquote><p></p>
[QUOTE="moreluck, post: 837649, member: 1246"] Minorities were the target.....black, hispanic, whatever. The bleeding heart Dems wanted all men to experience the glory of home ownership......except somebody forgot about the responsibilities of making payments. They just wanted all to own homes. Well, not everybody is cut out to own a home. Some people are renters and will always be. They don't have a color in common, they have a mindset in common..........they don't pay their bills and they buy every 'toy' under the sun. The loans for homes MUST require some monetary downpayments from future buyers ..... if you have no money tied up in a home, you'll just walk away. They Need a set amount downpayment.....we always did 20% down. The way we got it was to not buy toys and scrimp and save while all of our friends were buying new cars and bigger TV. Then we got the downpayment and bought a house while friends got some kind of gov't subsidy and got into an identical house for no money down. Do I sound p.o.'d ?? You bet I do !!!!! [/QUOTE]
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