Quote:
Originally Posted by fotze
I know, by the time the bubble bursts, everyone will have paid off their house, and we can all take advantage of the burst and buy another house.....
But will that cause a resulting bubble? That sounds like 3 houses to me. Not too shabby.
I do realize that these posts have a great horrific potential form me to eat my words if armageddon comes to fruition.
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Get a HELOC now, when the bubble bursts, take out $200K, default on your loans and mortgage, buy new house with cash that you stole.
Win.