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In the discussion thread: About That Apple Tax Dodge [View all]

Response to former9thward (Reply #12)

Sun May 26, 2013, 07:32 PM

13. I hardly think people were buying homes they couldn't afford

to get the mortgage deduction. They were getting them to flip. And they were suckered into ridiculous payments by taking variable interest or no interest loans which they thought they could flip before the payments kicked in and took them down.

The overpriced housing market due to easy loans and predatory banking practices is what led to the housing fallout not Mortgage deductions.

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Arrow 16 replies Author Time Post
marmar May 2013 OP
former9thward May 2013 #1
shawn703 May 2013 #3
mrdmk May 2013 #16
FreeJoe May 2013 #8
randome May 2013 #10
Egalitarian Thug May 2013 #15
mythology May 2013 #11
former9thward May 2013 #12
LineLineLineLineNew Reply I hardly think people were buying homes they couldn't afford
Live and Learn May 2013 #13
Starry Messenger May 2013 #2
adieu May 2013 #4
byeya May 2013 #5
DallasNE May 2013 #6
davidpdx May 2013 #7
OnyxCollie May 2013 #9
xchrom May 2013 #14
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