No reason to panic regarding lending
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Since: Dec 07
#1 Apr 12, 2011
This is a splendid example of pimping for the vast criminal conspiracy known as the real estate industry. The emerging truth is that many Americans will never be creditworthy by any reasonable standard, and that the federal policy of promoting homeownership is another unsustainable macroeconomic goal. People of modest means should consider renting a home and investing their remaining funds (if any) in education of their children or other assets which will likely appreciate much more than realty.
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