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RE: Will Yuppies Hang Onto Their Suburban Homes, Like a Person Drowning Holds Onto An Anchor?
Your house is an asset to the banksters especially after they bundle your mortgage with others and sell it on the secondary market. The chump homeowner is left holding all of the liability. Though being a chump homeowner is still preferable to being a second class rent serf with nothing but sunken costs and no rights to their home.
Indeed, but that all changes pretty soon.
People will learn how bad the banks have treated them.