Date: Tue, 12 Jul 2005 03:58:05 CST
From: "JJ" 
Subject: Re: which direction to go
Newsgroups: misc.invest.financial-plan
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	Mon, 11 July 2005 18:09:47 -0700 (PDT)
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I was thinking the same thing...

If lenders are being that loose with money, then if the purported "housing 
bubble" bursts (if it really exists - debatable) or a bad recession hits, 
the cleanup could rival the S&L mess.

"John A. Weeks III"  wrote in message 
news:john-1609CF.19522608072005@ip-lcc.supernews.net...
> In article <1120860997.074397.75900@z14g2000cwz.googlegroups.com>,
> "rockio"  wrote:
>
> I simply cannot believe that a lender let you buy a house
> with $60K in consumer debt.  This has to be made up.
>