Forum Post: Last 30 years home equity has been used to educate, clothe & feed middle class because of bank bubble-busts & corporate greed & wage stagnation -- this is leadership failure.
Posted 13 years ago on Oct. 28, 2011, 2:55 a.m. EST by FedWallFedWellFedUP
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Last 30 years home equity has been used to educate, clothe & feed middle class because of bank bubble-busts & corporate greed & wage stagnation -- this is leadership failure.
Its sad to hear when people are using their home equity to pay for things. Sometimes people pay more than they can afford to give their family a nice home in a nice neighborhood.
Prepare for the worst when buying a home, be weary of the cost, and keep an eye on your money