ANSWERS: 2
  • lol china already is the biggest landlord
  • Stop buying homes and renting is not the solution for the housing bubble. 1] If you know someone who has his home in foreclosure, then check the enclosed two links which the government has extended to many other states to help people keep their homes: http://www.msnbc.msn.com/id/21134540/vp/29071082#29516833 http://www.msnbc.msn.com/id/21134540/vp/29071082#29444128 2] If you are a first time home buyer, the government has two plans one for a single owner and another for for two owners or say a couple. There is no need to rent. When you rent it is like a mortgage that you will never finish paying and the home will never be yours. 3] The trick is to buy a home that meets your needs, nothing big and fancy that you will not be able to pay, we need to be responsible. There are several institutions that are building homes for your precise needs and are quite cheep. 4] Don't listen to the media, they must have some kind of a personal interest in their renting advise. Yes, China is the biggest landlord but don't torture yourself with the thought, the Chinese are not going to come over here and take the homes from the owners. The government is buying out all the toxic debts with third countries, it won't be tomorrow but it will be soon. 5] The Chinese government has had the grace to adjust their national budget in order to help us out with further loans, for that we must learn to be greatful.

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