Quote:
Originally Posted by Great68
If you can't recognize the huge difference in situations between young people who tried to get into the market simply to be able to own the place they live in, versus people who bought up up multiple condo units to flip or profit off AirBNB and now causing this very disaster on those in the former situation, and not sympathize with those in the former, then there is no hope for you.
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I said that I don't feel sorry about those who were speculating. Ppl who are buying their first place, that's another story.
But then again, with all the gov't incentives, I find it hard to believe that people who are genuinely buying their first home wouldn't be able to close.
If one really is buying first place and couldn't close despite all the gov't programs, I think that person was stretching way too far and the only way I could think of to pull the trigger would be they were speculating as well.