Comments on: Will Homebuyer Tax Credit Bankrupt the FHA? http://lonelyconservative.com/2009/11/will-homebuyer-tax-credit-bankrupt-the-fha/ Observations from a conservative in a blue state. With a little help from my friends! Sat, 26 May 2012 18:13:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Sam Adamshttp://lonelyconservative.com/2009/11/will-homebuyer-tax-credit-bankrupt-the-fha/comment-page-1/#comment-13229 Sam Adams Tue, 24 Nov 2009 07:45:54 +0000 http://www.lonelyconservative.com/?p=13140#comment-13229 What idiots. Housing for poor people turned into loans that were unsound. People value things in relation to what they put into them with time or money. Easy cheap loans = easy cheap houses regardless of the apprased value. Just like public housing programs produce run down neighborhoods, these loan programs produce a run down housing market. Thank You Barney Frank.....@sshat! What idiots.

Housing for poor people turned into loans that were unsound.

People value things in relation to what they put into them with time or money.

Easy cheap loans = easy cheap houses regardless of the apprased value.

Just like public housing programs produce run down neighborhoods, these loan programs produce a run down housing market.

Thank You Barney Frank…..@sshat!

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