Conservatives, when buying a house, do you estimate your ability to float bills for 6 months and hope the home

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goes up drastically in value, or, do you calculate all of your expenses, determine the payment that you can afford, deliberately invest in property that is likely to go up in value, and plan to ride out any downward cycles in the housing market?

If your house goes down in value, do you look to the government to pay your way out?
Based on the current political rhetoric on the housing market, which of the two groups is most likely democrat?

7 Comments
  1. Reply
    subwm4bush
    July 20, 2011 at 11:44 pm

    Our McMansions floated with sub prime ARMs that have no furniture should be the only ones bailed out. Let the liberal middle class eat cake.

  2. Reply
    rukidding
    July 21, 2011 at 12:16 am

    No, that’s how the libbies do it, which is why the housing market is now in a down slide. As you should know, and probably do, running a government and a citizen buying a house are two different things.

  3. Reply
    Badcock
    July 21, 2011 at 1:15 am

    Good grief! Before I bought a home, i had gone over my finances several times to make dang sure that I could afford it. My closing lasted for five hours while I read fine print.
    As for those who are now in trouble because they were careless – they need to look for sympathy in the dictionary. It is found between sh!t and syphilis

  4. Reply
    TiredTrucker
    July 21, 2011 at 2:01 am

    I pay my bills. I learned a skill employers demand and seek.
    I bought my house with a FIXED loan, not an ARM. Now that property values are coming down, I might just go out and buy. That way I can charge liberals rent.

  5. Reply
    mike h
    July 21, 2011 at 2:19 am

    of course the government should bail us out, just like the the john cougar song little red white and blue donkey built houses for me and you. ‘now aint that america’ NOT

  6. Reply
    jelle
    July 21, 2011 at 3:02 am

    We made damn sure we could afford every house that we purchased. And you know what, we survived the bad times without the help of anyone.

  7. Reply
    Stars and Stripes
    July 21, 2011 at 3:28 am

    Like the others, I bought into what I was able to afford. Did a 30 yr. fix. Refinanced to a lower int. rate after 5 yrs. and about 6 yrs. ago refinanced to a 15 yr loan with 5% int.
    The term of the loan will coincide with our retirement.
    Happy days ahead!

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