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Reply #10: And she could end up taking care of them.... [View All]

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mac2 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 12:36 PM
Response to Reply #5
10. And she could end up taking care of them....
Edited on Thu Feb-21-08 12:37 PM by mac2
or she has to move in with them...there goes her big job. Health care costs are one of the main reasons people are losing their homes.

High paying, educated people are out of work all the time in our global economy. She might be downsized since she makes a bundle. Does cutting down trees sound good to a highly educated person? Happens all the time.

The selfish always think bad thing only happen to stupid people. So far she's been golden (because her parents paid for it). That's why the elite are so arrogant.

The same thing happened to my niece. Her mother bought three houses and didn't sell one to pay for the new one. Then the housing market went bust. I kept warning her but she didn't listen to me. She couldn't pay her mortgage when they didn't sell and wanted to borrow money from us.

Prior to that time, her mother offered to pay for the girls college education. The niece and her husband bought a huge new boat because...they didn't have to pay for college. Everyone was golden up to the housing failures.

I said, if her mother didn't rent those properties or sell one she might lose it all. The niece really got moving to talk her mother into renting and not keeping empty houses with mortgages. I said, if your mother losses everything, gets sick, etc. she might have to move in with you since she is retired. That got things moving.

Ask any rich person and they will tell you they could lose it all just like that. Life is not picky about kicking you in the butt.
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