Have you ever wondered how it could be that so many people thought paying such stupid prices for houses during the housing bubble was a "good idea"? Have you ever wondered how anyone could think that "toxic" loans with teaser rates, resets, negative amortization, and all the rest was a "smooth move"? Have you been amazed by the foreclosure crisis engulfing our state? And the most mind-boggling of all... have you ever wondered why people fall for the offal disgorged from the mouths of real estate agents and realtors? Do you think it was all just mass greed? Or was there something else to it; so[...]
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[Source: The Money Blogs]
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