Comments on: The Sky is Falling . . . We’re Watching and We’re Not Going to Do Anything About It http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/ Learn, Network, Invest Mon, 23 Nov 2009 07:23:11 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Sean Butler http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-66754 Sean Butler Thu, 09 Jul 2009 18:22:50 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-66754 "Real estate will be a good investment if the sky is really falling." yeah, so the sky wont fall on ur head...lol “Real estate will be a good investment if the sky is really falling.”

yeah, so the sky wont fall on ur head…lol

]]> By: Jackson Hole Restaurants http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-59962 Jackson Hole Restaurants Fri, 12 Sep 2008 14:28:46 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-59962 If the sky is falling, then we will be more concerned about what to eat than anything else. Real estate will be a good investment if the sky is really falling. Plus..think of all the great opportunities out there. If the sky is falling, then we will be more concerned about what to eat than anything else. Real estate will be a good investment if the sky is really falling. Plus..think of all the great opportunities out there.

]]> By: Jackson Hole real estate blogger http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-58234 Jackson Hole real estate blogger Tue, 08 Jul 2008 22:51:42 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-58234 This is not a new thing. I am realestate broker in my late 30's and i can remember vividly my father talking about people with "upside down" mortgages in the early 80's. I also remember how hard my first loan was to get in the early 90's compared to being able to walk in and get almost any number last year. I deffinately could have borrowed more than I could pay back. Cheer's This is not a new thing. I am realestate broker in my late 30’s and i can remember vividly my father talking about people with “upside down” mortgages in the early 80’s. I also remember how hard my first loan was to get in the early 90’s compared to being able to walk in and get almost any number last year.
I deffinately could have borrowed more than I could pay back.
Cheer’s

]]> By: Glenn - Commercial Mortgage Loans - MasterPlan Capital LLC http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-58182 Glenn - Commercial Mortgage Loans - MasterPlan Capital LLC Mon, 07 Jul 2008 03:55:08 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-58182 There is plenty of blame to go around. Investors know that there were as many “predatory” borrowers as there were lenders. There is plenty of blame to go around.
Investors know that there were as many “predatory” borrowers as there were lenders.

]]> By: Mixer Review http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-58164 Mixer Review Sun, 06 Jul 2008 18:07:57 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-58164 Scary, but I definitely can related to this situation. This might be the case with the decrease of urban property value and increase of inflation rate. Scary, but I definitely can related to this situation. This might be the case with the decrease of urban property value and increase of inflation rate.

]]> By: Tom Koziol http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-58162 Tom Koziol Sun, 06 Jul 2008 13:45:53 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-58162 Yes, the borrowers should take the time to read what they are signing and ask questions about what they don't understand. Unfortunately, they are too pre-occupied with obtaining the property to learn exactly what that property will actually cost them. Yes, the borrowers should take the time to read what they are signing and ask questions about what they don’t understand. Unfortunately, they are too pre-occupied with obtaining the property to learn exactly what that property will actually cost them.

]]> By: Zane Waltz http://www.biggerpockets.com/renewsblog/2008/07/03/the-sky-is-falling-were-watching-and-were-not-going-to-do-anything-about-it/comment-page-1/#comment-58156 Zane Waltz Sun, 06 Jul 2008 06:29:12 +0000 http://www.biggerpockets.com/renewsblog/?p=1083#comment-58156 Good article. The problem is two-fold. First is the fact that MBA schools spend all their time teaching busness leaders how to make money instead of how to be honest and make the world a better place. The second problem is that the borrowers don't take the time read what they sign. They are too trusting and do bear at least as much responsibiltiy as those who foisted the loans upon them. Good article. The problem is two-fold. First is the fact that MBA schools spend all their time teaching busness leaders how to make money instead of how to be honest and make the world a better place.

The second problem is that the borrowers don’t take the time read what they sign. They are too trusting and do bear at least as much responsibiltiy as those who foisted the loans upon them.

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