I guess this is sort of like the "it depends" mentality a few posts up.

I LOVE zero percent and have bought lots of things on zero percent financing.While most real estate has not appreciated over the past 3 years, I would guess most houses are worth MORE today than they were 10 years ago.Wikipedia defines it this way: A bad debt is an amount that is written off by the business as a loss to the business and classified as an expense because the debt owed to the business is unable to be collected, and all reasonable efforts have been exhausted to collect the amount owed.

She's nervous about all of it, but at the same time uninterested in learning more because, she's happy with where we are ;) hard to argue with that mentality...

I do have some of my income set aside, but we have exhausted our reserve with our downpayments and high hopes.What do people do when they have just plain run out of money?

If you are in this situation currently, I obviously do not need to tell you how stressful it is- both financially and mentally.

They run for office and they run the campaigns of the guys running for office (and then get their reward when he wins).It is no longer about what is right... the constitution... or We the People... it is all about them and them getting more power.It is an elitist mentality.

Around here the trend is growing into an 'us versus them' mentality -- the hard-working citizen/homeowners versus the evil greedy landlords.

First, I doubt you are going to see the mentally unstable anger from the right like we have seen from the left over the last eight years.

My end result: I want to start a program, non profit, helping homelss people, especailly the ones who are mentally incabable of getting a job or taking care of them selves off the street and into proper care and help.

In fact that type of mentality helped build and burst the housing bubble.When I think of "flipping", I think of buying distressed properties and fixing them up for a profit.