I find it astonishing that mortgage lenders and real estate agents are taking all the blame for the subprime housing crisis. Yes, a lot of them are obviously greedy, desperate, vile people. But what about all of the consumers trolling for a deal? Aren’t they to blame for greedily snatching up houses way above their income levels?
I think this bubble was fed by greed on all sides, and it’s not ending anytime soon. Check out these pathetic saps thinking they’re going to score an “investment deal” on foreclosed houses by riding the Repo Bang Bus. (It’s the bang bus because everyone who rides it gets fucked.) If you hear about it on Headline News, it’s not a special secret business deal. You’re just a greedy sucker, like the person who bought the house two years ago.
Tags: bang bus, bubble, real estate