DavidLereahWatch almost makes DL's mom cry
2007 Mar 1, 8:52am 25,187 views 196 comments
by HARM follow (0)
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Peter P
@
2007 Mar 1, 9:04am
Now should they go so far as to call me Satan?
DL is not nearly as bad. He is probably just doing his job.
If there is a villain behind the bubble it would have to be human greed.
Mom, you have to have thick skin. ...
... if you start crying every time I lie, you will run out of tears.
"He is probably just doing his job."
They said that about Goering too.
Wait, wait... this just in:
David Lereah's mom has just issued a formal response to her son's critics:
This is a 26-year old that could not afford a townhouse and blamed it on the boom.
Yeah... who told him to be born in the wrong year. His fault for not being conceived 20 years earlier.
I think in the last thread, it said that in the ol' days, 20 year mortgages were the norm.
Then it was 30.
Will 40 (which is already offered with great abundance here) be the next permanent hotness?
At the end of the day, there's really nothing to stop it from happening...
HeadSet
@
2007 Mar 1, 9:25am
"Will 40 (which is already offered with great abundance here) be the next permanent hotness?
At the end of the day, there’s really nothing to stop it from happening… "
Japan did have an outbreak of the 100 year mortgage during thier bubble
At the end of the day, there’s really nothing to stop it from happening…
Why should it not happen ? I have said before, if someone is willing to give me a loan of 1M at 5% for 100 years I will take it right away.
StuckInBA,
No, no, no. She was upset to see her precious little angel so brutally attacked for no reason whatsoever. How could anyone gaze upon this cherubic mug and not feel the love...??
PaloAltoRenter (PAR) Says:
Does HARM stand for hybrid adjustable rate mortgage?
No, it stands for "Homeownership Affirming Righteous Mercenary".
Will 40 (which is already offered with great abundance here) be the next permanent hotness?
At the end of the day, there’s really nothing to stop it from happening…
Good point. I could see it happening. People are living longer than ever and most will not be able to afford to retire. If the average person buys a house at age 35 or so, the mortgage could actually be paid off during their working years (if they retire late due to future problems with social security). But the reality is that most people will never pay off the mortgage. They will sell or refi long before owning the house.
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CNN Money/Fortune Interview with David Lereah:
"Mr. Real Estate: 'All systems go, pockets of pain'"
Now, I don't know about the rest of you, but this makes my blood boil! Comparing America's favorite Champion of the American Dream and recipient of the... uh, Homeownerhip trophy thingy... to the Devil!! And practically making his grey-haired mom almost cry (while she was probably baking some fresh cupcakes for one of Dave's many open houses)! This is simply uncalled for... cruel, disgusting.
I've long suspected that these Bubbleheads are jealous, angry bitter trolls who derive sustenance from the tears of kindly old grandmothers --and now we have the PROOF!
Discuss, enjoy...
HARM
#housing