Debt, forclosures, bankrupcy

Hi all, I caught a bit of super nanny and noticed that this family, that can't raise their kids, hence the supernanny, have a huge house, stay at home mom, and the father is a garage door technicion. This house looked like the McMansion...way out of the price range of an average family. I couldn't afford it and I'm in a professional field.

I've noticed this on other supernanny shows (not that I really watch it - sometimes I don't change the channel and I don't have cable or watch sports).

Anyway, query how they, and other families similarily situated, can afford this. Anyone else think that its this entitlement attitude? That these are part of the crowd that overextends the credit cards, takes out a larger mortgage than is reasonable or responsible? And whenthe bills can't be paid, they will come crying to the government to bail them out. And as we all know, the bailouts really come out of the pockets of those of us who are responsible and know to live within our means. Just a vent with the economy tanking, please feel free to commiserate.

I noticed that too on the few episodes I've seen of Supernanny (I'm also not a regular viewer-I've happened to catch it when my roomate had it on). The one family on there lived in Las Vegas, I think, and had a huge, fancy McMansion. The father was a bartender, and I forget what the mother did; I remember it not being something that I thought would pay someone a ton of money. I know bartenders can make decent money, but when I saw this house I thought "there's no way in hell they can afford this." They had two awful preteen daughters who said their house was a "dump".

one thing you have to take into consideration is where these families live. Nice, new houses are a hell of a lot cheaper in places like Illinois and Nebraska then on the coasts. I've seen houses like those on the show in the 200-250 range, but they are not in expensive areas.

There are stories about people who get foreclosure tearing up houses, setting them on fire, and leaving their pets behind to starve and leave their filth around, too.

Sounds like their suburban fantasy is going up in flames and that's pretty sad.

If they slit their own brats' throats and leave them to gargle to death in their own blood in their wrecked, burning bedrooms, that would complete the grim picture.

About housing in Illinois being more affordable-that's certainly true if you aren't trying to buy within 40 miles of Chicago. My hubs and I live 30 miles out, and housing is insanely expensive around here.

The foreclosure issue is the main reason I won't vote for Obama should he get the Democratic nod-he plans to have more gov. bail outs. I feel that me and my husband live within our means and manage our money, and if people think they're entitled to a huge McMansion they really can't afford, well, that's their problem-I don't see why we should have to help bail them out.

On my way to the grocery store, I saw a house about a year ago with a big SHERIFF SALE/PUBLIC AUCTION sign outside. Around here, that means the homeowners house was repossessed for nonpayment of mortgage and taxes and it's being sold out from under them.

Guess what was hanging on the porch railing just a few feet from this sign?

Pink and white balloons with a big banner, "IT'S A GIRL!"

Gotta love that shit. They can't pay their bills or for the roof over their heads, but they can breed.

I am tired of liberals wanting us to be a Nanny State from telling us what we cannot eat or smoke to bailing out breeders who got in over their heads with adjustable mortgages. It is the libs who wanted every single person to be a homeowner. Never mind that there are idiots who could only put down 5 grand for a house well over $100,000 and then wonder why their payments are literally through the roof. I remember the old days when a person no longer paid the house payment that they just had to leave. It was as simple as that. Yes, many breeders will ruin the house before they leave feeling entitled to do so as no one is offering to pay their way. Banshee said it great how the finale would be best if the Breedersons offed themselves once they burned the house down or vandalized it. Re: this socialized medicine dream, who do the Americans think will pay for all of this???

Unfortunately for us, the American government's policy is basically been "Homeownership at any cost." Even if it means turning the economy into a wreck because of greedy lenders and builders and people who feel that they are entitled to have a house even if they can't afford it. I'm so sick of people saying that a home is an investment.
Many smart people are choosing not to buy a home, even though they can afford to make payments. Owning a home isn't for everyone.

Nour Wrote:
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> I'm so sick of
> people saying that a home is an investment.
> Many smart people are choosing not to buy a home,
> even though they can afford to make payments.
> Owning a home isn't for everyone.

Hear, hear! I feel the same way. Owning a home is not for everyone as there are repair costs and rising taxes. Investing $$$ in a house is as risky as buying in the stock market. Get a good savings plan going instead. Whatever happened to the idea that the home was to be lived in for a long, long time...perhaps for life rather than people thinking they are entitled to a house that they may "flip" for profit down the line only to not be able to afford the payments after a time?

This isn't just a breeder thing. I know a lot of unchilded people who seem to think that they need to get a new car every couple years, $400 for a prada handbag is reasonable, or spending over a thousand dollars for an Iphone (service included) is a good idea. They add loans to loans, switch credit cards, use coupons for everything and think they're making great financial decisions when they can barely afford the interest payments on their loans and cards. Then, on top of that, they think that society owes them debt relief ON TOP OF the plasma screen television.

Where did this completely illogical line of thinking come from?

"It truly is the one commonality that every designation of humans you can think of has, there's at least one asshole."
--Me

what about people who were working halfway decent jobs with mortgages that were well within their reach, but then lost their job and can no longer afford the said mortgage payment? What if they simply cannot find a decent paying job to cover their very reasonable mortgage payment? With the housing market the way it is, people cannot even sell these houses anymore. You don't think the government should help these people? Kids or no kids, there are a lot of homeowners out there who did not get in over their heads, but had a change of circumstance that was beyond their control.

Feh is correct how even non-childed people charge shit up the ass and then wonder why they are drowning in credit card debt. My former husband was one of those who wanted all of the goodies - jewelry, HDTV, DVDS out of the ass, CDs, Macy*s clothing - but *I* was to help him pay for it. For over a year, he has had a reality check since I am gone...gone...gone and legally severed my ties with that guy. He now gets to live on a budget like anyone else.

Theresa, losing a job is a bitch. But, we cannot have government helping ANYONE with their mortgage - childfree or with children - because they lost a job and could not find another one that paid the same so they can pay the 'reasonable' mortgage. I have had to take lesser paying jobs. I doubt you would claim Big Daddy Government should help me out because I am a renter who lived in a reasonably priced complex. I guess you would think it is OK is a renter was evicted due to job loss and off the homeless shelter but that precious homeowner should have $$$ throw at him/her.

Circumstances out of our control is not fun but people can do what others have done in the past. Cut back on the goodies. Take that lesser job. Yes, you can do that and it will not hurt your aura or self-worth. If the job does not pay enough, there are plenty of companies that are happy to hire those who need second jobs. If a person has to flip burgers on the side or clean offices to pay that reasonable mortgage after a lay-off or being fired, so be it. If there is going to be socialism, it should be for all instead of a select few as those with mortgages. Socialism does not work as someone has to pay for it via heavy taxation. None of this is "free".

Funny how everyone wants handouts for mortgages but no one says anything about "help" when the rental prices skyrocket...

Plus, on top of all this, employers just don't give a flying shit about their employees anymore. The place I work, a privately-owned company, is the poster-child example of that. Keep in mind, I am not expecting a hug from the owner when I walk in the door in the mornings, but just some decent treatment from the management around here. Instead, we have Hitler at the helm of this ship barking orders, threatening people, and playing control games.

This place - like every other place - is all about the Almighty Dollar. More and more work has been getting sent to our "off shore" facility to save money and people here are not getting replaced when they leave. Instead of hiring more American workers, the off shore joint has grown 10 fold in a VERY short time. And of course, the work product coming from that place SUCKS.

My company is owned by 1 man who built this place himself - every account, customer, paper clip and pen. We have 3000 employees now world wide. Funny how in the early days when they were trying desperately to be a successful small company, how they really DID care about the employees. But now, with profit margins in the millions, they seem to have forgotten about the people who got them to where they are. They will toss you aside without a single thought of how you will survive, keep a roof over your head, or anything else.

"Funny how everyone wants handouts for mortgages but no one says anything about "help" when the rental prices skyrocket..."

Silly Amethusos, don't you know that renters are scum? Besides, more homeowners are parents so they automatically deserve help.

Like I said, this nation's policy is "Homeownership at any cost." No one in government is mentioning how rents have skyrocketed. A $1,000 rent for an apartment is commonplace for coastal Mississippi. A lot of real estate analysts admit that's crazy. The storms have a lot to do with that, and because there isn't enough housing there, renters get stuck paying higher rents.

It is a fact that millions and millions more dollars that states get from the federal government for affordable housing goes towards affordable homeownership NOT rental housing. Just visit Web sites of some state housing agencies and see how they push the homeownership aspect. And the governor of Florida wants even more millions to go to affordable homeownership, yet a Republican senator (Mike Fasano) is trying to save affordable units from becoming market-rate in a few years.

And not all affordable rental housing developments are public housing projects. Many are tax credit projects that serves folks earning low to moderate incomes, like 50 and 60 percent of the area median income.

But homeowners, particularly those with children like to come to city council meetings to try to discourage even a market-rate apartment building from being built in their neighborhood. Yeah, because they think renters are scum. No one wants to "bail out" the renters.

Here is how it goes in my family. Brother has 3 kids, can't afford them. Everytime he and wifey have an argument, they get a divorce, she gets knocked up to fix the marriage, they get back together. They just lost the $200,000 house they bought on a $30,000 a salary. They are blaming everybody but themself. Hello, you bought a house you could not afford.
Uncle has 7 kids, kept having them until her got a boy. Has about a $40,000 salary. Lost his home 2 years ago, has a judgment against him for this and has decided he needs more kids.

they never learn, they always blame it on other people.

Nour Wrote:
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> Unfortunately for us, the American government's
> policy is basically been "Homeownership at any
> cost." Even if it means turning the economy into a
> wreck because of greedy lenders and builders and
> people who feel that they are entitled to have a
> house even if they can't afford it. I'm so sick of
> people saying that a home is an investment.
> Many smart people are choosing not to buy a home,
> even though they can afford to make payments.
> Owning a home isn't for everyone.

ITA! I got reamed on another message board for stating that I didn't want to buy a house and possibly never. Man, people berated me and wrote that I wasn't financially savvy and asked if I were joking. Wooooooooooooo.....

...but I'm not the one severely deep in debt, possibly having to file for bankruptcy, in foreclosure and facing eviction or paying thousands of dollars in repair costs and insurance and extraneous bills that I continue to avoid simply by renting.

Sure, if one is financially and mentally prepared to get into home ownership, then by all means, one should go for it. However, the majority of folks are NOT, and as you wrote, Nour, they jump feet first into the fire and hope it works out trying to live out "the American dream."

I'd rather rent than buy any day. A house can be much more of a headache than it's worth!!

Wow, Annie! Serious trainwrecky goodness in your family. Oh, and you have that crazy breeder moo MIL, too. Oh boy.
I read not too long ago about breeders who just abandoned their home in Southern California and then up and left for a new McMansion in Texas. Apparently, they secured their home in Texas before they defaulted on the Orange County home. F'ed up.

annie35 Wrote:
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> Here is how it goes in my family. Brother has 3
> kids, can't afford them. Everytime he and wifey
> have an argument, they get a divorce, she gets
> knocked up to fix the marriage, they get back
> together. They just lost the $200,000 house they
> bought on a $30,000 a salary. They are blaming
> everybody but themself. Hello, you bought a house
> you could not afford.
> Uncle has 7 kids, kept having them until her got a
> boy. Has about a $40,000 salary. Lost his home 2
> years ago, has a judgment against him for this and
> has decided he needs more kids.
>
> they never learn, they always blame it on other
> people.


THAT IS ABSURD!!!!!!!

JoJo Wrote:
-------------------------------------------------------
> "Funny how everyone wants handouts for mortgages
> but no one says anything about "help" when the
> rental prices skyrocket..."
>
> Silly Amethusos, don't you know that renters are
> scum? Besides, more homeowners are parents so
> they automatically deserve help.

Oh yeah, even many people on "our side" believe renters are scum. Never mind that I rented the same apartment for over 11 years before I left my former husband and divorced him. I was more stable when it came to residences than many people who are buying a home. My residential history helped when I did apply with a better security company where a thorough background check was done with neighbours. The recruiter thought it was great how I lived in the same place for many years rather than move around and keep trading up homes or had a foreclosure.

VLM Wrote:
-------------------------------------------------------

> ITA! I got reamed on another message board for
> stating that I didn't want to buy a house and
> possibly never. Man, people berated me and wrote
> that I wasn't financially savvy and asked if I
> were joking. Wooooooooooooo.....

I was told by an EX-friend how I was not truly an adult for not buying a house. He was constantly asking when me and the then-husband were going to buy a house. I was like, "NEVER!" He also felt I was hurting my old age by not having kids. Never mind that he and his wife would not be taken care of by the kids they shat out. This man and his wife better hope they live a long life and die peacefully in their beds as their adult kids will not do a thing for them.

I told this guy how children were the worst financial thing one can do to one's self. I did not hear back after I told him that. Breeders hate hearing the truth. Sucks to be a moo or daddio.

One son and his wife constantly did not make payments on the car the former friend co-signed on and only found out when his checking account was debited as the loan was with his banker. And...his daughter, son-in-law, and grandkids lived with THEM as they bought "too much house years ago. Daughter did not work saying migraines prevented it...yet she was a professional student at UCF (University of Central Florida) while her dad would get the sprogs from school.

> Sure, if one is financially and mentally prepared
> to get into home ownership, then by all means, one
> should go for it. However, the majority of folks
> are NOT, and as you wrote, Nour, they jump feet
> first into the fire and hope it works out trying
> to live out "the American dream."

Exactly! If someone is prepared for the reality of home ownership and can afford unexpected expenses, go for it!
>
> I'd rather rent than buy any day. A house can be
> much more of a headache than it's worth!!

Tell me about it. As a renter, I only needed to call the office when something broke in the apartment. Maintenance repaired or replaced what was broken and I did not have to pay a thing.

amethusos* Wrote:
-------------------------------------------------------
> VLM Wrote:
> --------------------------------------------------
> -----
>
> > ITA! I got reamed on another message board for
> > stating that I didn't want to buy a house and
> > possibly never. Man, people berated me and
> wrote
> > that I wasn't financially savvy and asked if I
> > were joking. Wooooooooooooo.....
>
> I was told by an EX-friend how I was not truly an
> adult for not buying a house. He was constantly
> asking when me and the then-husband were going to
> buy a house. I was like, "NEVER!" He also felt I
> was hurting my old age by not having kids. Never
> mind that he and his wife would not be taken care
> of by the kids they shat out. This man and his
> wife better hope they live a long life and die
> peacefully in their beds as their adult kids will
> not do a thing for them.
>
> I told this guy how children were the worst
> financial thing one can do to one's self. I did
> not hear back after I told him that. Breeders hate
> hearing the truth. Sucks to be a moo or daddio.
>
>
> One son and his wife constantly did not make
> payments on the car the former friend co-signed on
> and only found out when his checking account was
> debited as the loan was with his banker. And...his
> daughter, son-in-law, and grandkids lived with
> THEM as they bought "too much house years ago.
> Daughter did not work saying migraines prevented
> it...yet she was a professional student at UCF
> (University of Central Florida) while her dad
> would get the sprogs from school.
>
> > Sure, if one is financially and mentally
> prepared
> > to get into home ownership, then by all means,
> one
> > should go for it. However, the majority of
> folks
> > are NOT, and as you wrote, Nour, they jump feet
> > first into the fire and hope it works out
> trying
> > to live out "the American dream."
>
> Exactly! If someone is prepared for the reality of
> home ownership and can afford unexpected expenses,
> go for it!
> >
> > I'd rather rent than buy any day. A house can
> be
> > much more of a headache than it's worth!!
>
> Tell me about it. As a renter, I only needed to
> call the office when something broke in the
> apartment. Maintenance repaired or replaced what
> was broken and I did not have to pay a thing.

This is what I love about renting! If something goes wrong, hubby and I don't have to pay for it. Some would call me a failure not only for that (renting) but also for not breeding, so hey, folx, I'm be a DOUBLE FAILURE! LMFAO!!

I'd rather be childfree and renting an apartment for the rest of my life than stuck with four kids forever and facing possible foreclosure and homelessness!

Wow, Annie! Serious trainwrecky goodness in your family. Oh, and you have that crazy breeder moo MIL, too. Oh boy.


Exaclty why I moved far away and only go back if necessary. My husband did the same we are 4 hours from his crazy brabie infested mom and sister. We just want to be left the hell alone to raise our dogs and fish as we see fit.