patrick.net
An Antidote to Corporate Media
1,363,456 comments by 15,736 users - Al_Sharpton_for_President, Ceffer, FuckTheMainstreamMedia, HeadSet, rocketjoe79, RWSGFY online now
Millionaire scoops up all 650 homes in Michigan county's foreclosure auction
2012 Aug 6, 11:49pm 6,883 views 13 comments
« First « Previous Comments 10 - 13 of 13 Search these comments
they talked you into paying a shit ton of money for the house
Funny, no one talked me into anything when I was buying a house. Shouldn't the buyers be responsible for making their own decisions, and then living with the consequences?
Do you get talked into buying Big Macs or cars when you watch TV commercials? The pressure to buy and spend on a car lot is about 100 times any such pressure in real estate, yet no one talks about bailouts for car buyers, or how sorry we should feel for them that they got pressured into more car than they needed, or weren't warned they were buying a depreciating asset, etc.
DinkinsBay
2012 Sep 23, 6:23am
If this guy is buying homes in Detroit or Wayne County, he is a fool. If on the otherhand he is buying waterfront properties, he is a very wise man. The lakes and rivers in Michigan are absolutely gorgeous and it's a boater's paradise. And.....they are not giving them away!
Cautious1
2012 Sep 23, 6:51am
they are not giving them away!
That would mean a price less than 1 cent.
They "gave" these away for the cost of back taxes, an average of $7385 per property. Mr. Mogul says he'll cull the unsaleable ones by giving them to charity, which will give him a nice tax write-off.
A can't-lose in a rigged game.
Cautious1
2012 Sep 23, 6:53am
The millionaire buying the homes is just doing it to show off (get chicks).
You did click through to see his picture, right?
« First « Previous Comments 10 - 13 of 13 Search these comments
http://nalert.blogspot.com/2012/08/millionaire-scoops-up-all-650-homes-in.html
#housing