- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What will happen when millions are unable to pay rent/mortgage?
Posted on 3/23/20 at 12:00 pm to fr33manator
Posted on 3/23/20 at 12:00 pm to fr33manator
1. GTFO AP/BR
2. Family land and camps in the woods
3. 6 months operating capital turns into a year or more real fast when you’re half way roughing it
4. Laugh in Eagle Scout
5. ???
6. Don’t die
2. Family land and camps in the woods
3. 6 months operating capital turns into a year or more real fast when you’re half way roughing it
4. Laugh in Eagle Scout
5. ???
6. Don’t die
0
Posted on 3/23/20 at 4:02 pm to The Egg
He had a pertinent point.
Posted on 3/23/20 at 4:53 pm to mmmmmbeeer
quote:
But you want to blame the dems?
there is enough blame to go around...they need to be focused on what is an immediate need for people and put EVERYTHING else on the back burner...but they're politicians and that goes against their nature.
Posted on 3/23/20 at 4:58 pm to SlowFlowPro
So, what you’re saying is all jobs are gone forever, and we’re all gonna wind up penniless?
Posted on 3/23/20 at 6:21 pm to Armymann50
Posted on 3/23/20 at 6:25 pm to Man With A Plan
quote:
no handouts, you will just have to get over it. It's your fault you weren't prepared
Tell that to the airlines who have been hoarding money like a fricking dragon in a Tolkien book and now wants a handout because they used it all to buy back their own stock.
Are you willing to let the American airline industry just go away?
Posted on 3/23/20 at 6:39 pm to NoHoTiger
Pelosi tried to slip in a pay raise for the House and additional construction for the capital 
Posted on 3/23/20 at 7:16 pm to fr33manator
Absolutely nothing, just like 2008. People will live ‘rent free’ until foreclosure happens four or five years later. Time to buy another ATV or Harley.
This post was edited on 3/26/20 at 4:24 am
Posted on 3/23/20 at 7:42 pm to 1BamaRTR
quote:A shite ton of things, one being a raise for themselves.
Didn’t the dems also want to include some things in the bill that had nothing to do with the virus?
Posted on 3/23/20 at 9:53 pm to fr33manator
quote:
What will happen when millions are unable to pay rent/mortgage? by fr33manator
quote:
Isn’t this kinda what happened in 2008 with the housing bubble collapse?
Not even close
Really?
Borrowers who could not make the higher payments once the initial grace period ended would try to refinance their mortgages. Refinancing became more difficult, once house prices began to decline in many parts of the USA. Borrowers who found themselves unable to escape higher monthly payments by refinancing began to default. During 2007, lenders had begun foreclosure proceedings on nearly 1.3 million properties, a 79% increase over 2006.[23] This increased to 2.3 million in 2008, an 81% increase vs. 2007.[24] As of August 2008, 9.2% of all mortgages outstanding were either delinquent or in foreclosure.
Sure seems like millions of people could not pay their mortgages but maybe I am not so good with the math.
Posted on 3/23/20 at 9:57 pm to mmmmmbeeer
quote:
You do know why the Dems voted against the GOP bill, right?
Because they tried to sneak a lot of shite in that would otherwise fail.
Stop reading the daily talking points. Dems will bail out industry too.
Posted on 3/23/20 at 10:05 pm to CelticDog
quote:
what would it cost to pay off all the mortgages?
less than the Boeing and other corporate bailouts?
math probably isn't your strong suit. It's why you Dems think that we can pay everyone $1000/month which would cost almost 100% of tax collections.
This post was edited on 3/23/20 at 10:06 pm
Posted on 3/23/20 at 11:08 pm to CottonWasKing
quote:
Tell that to the airlines who have been hoarding money like a fricking dragon in a Tolkien book and now wants a handout because they used it all to buy back their own stock.
Are you willing to let the American airline industry just go away?
They are not going anywhere and they still have all that stock they repurchased they can sell albiet at todays price, problem is the BOD will fire every single exec for that.
This is about preserving their own hides not the companies, buying high and selling low in your own stock is not a good look for a CEO.
Posted on 3/23/20 at 11:10 pm to fr33manator
I’m concerned about pharmacies being robbed. I’ve considered this scenario.
Posted on 3/24/20 at 12:06 am to fallguy_1978
Everyone knows you should only give taxpayer money and apply socialism to corporations.
Posted on 3/24/20 at 12:44 am to stout
Section 8 is not as common or as much money as you think. Food stamps is about $21 a day to feed 4 people. I’d imagine section 8 isn’t much more.
Posted on 3/24/20 at 1:43 am to tigergirl10
$147 a week in groceries is a lot of food. It’s not the same as going to a restaurant.
Page 10 of 10
Popular
Back to top
Follow TigerDroppings for LSU Football News