Before the price of real estate dropped like a rock it shot through the roof. The price of real estate was way to high and now that the market is correcting itself the government is jumping in to help the people who bought at the high point and now can't afford their house. I'm sorry for their lack of planning and foresight but why are people who pay their bills now responsible for people who don't. Barack Obama lied when he said we are helping people who pay their bills. If that were true they would not be in foreclosure. Even with the big drop in real estate prices the average price of a home is still higher than it should be.
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