Politics and Religion
I'm trying real hard to be sympathetic to the plight of these condo buyers,
St. Croix
posted
but after reading the LA Times article, more specifically the 2nd paragraph, and the last 4 paragraphs, part of me wants to just slap the shit out of Stephanie Simms. She used her life savings to put a deposit down on property in a foreign country. Then it turns into a country western song with Simms losing her job, her condo in Canoga Park, no savings, no 401K.
I get it, Trump's an asshole. I understand why the libs on this board are freaking out about a Trump presidency. But what is the responsibility of the potential buyers. You have 3 culprits in this fiasco. Trump, who only licenses his name, the Mexican developers, and the prospective home buyers. What is the culpability of the 3 parties? Besides the fact that alarm bells should go off when you purchase real estate in a foreign market, like MEXICO, but to agree to upwards of a 30% deposit, and to use your entire life savings. Whether it's Enron, or the 2008 foreclosure meltdown with real estate, when do we look at the individual, and say "what the hell were you thinking". Matt, I'm trying to be sympathetic, but when the problem is somewhat self-inflicted, I'm just not feeling it. What to believe? 