it's a little frightening up here...

for all you new or prospective homeowners, if the idea of buying a house didn’t make you nauseous already, this ought to do it: historical housing prices plotted as a roller coaster:

meanwhile, loan app is in. just waiting for the man to say, “yes, we’ll take all of your money now, give you some other money that you’ll never see, and then make you pay more than double that back to us under the guise of “compounding interest”. enjoy your shanty, sucker!”

Posted at April 4, 2007 7:51 PM| TrackBack