Tuesday, January 22, 2008

No Personal Responsibility

The stock market is rallying back from a massive sell off this morning, the word "recession" is being bandied about and Bush is promising to further exacerbate the budget deficit with handouts. It's ugly out there. But it's been a lot worse.

Some say the cause is the housing bubble bursting like so much overripe fruit. The people were screwed man, it's all the loan companies fault! It's the government's fault. It's everyone's fault....but the buyer.

"Marty Ummel believes she paid too much for her house. So do millions of other people who bought at the peak of the housing boom.

What makes Ummel different is that she is suing her agent, saying it was all his fault.

Ummel claims that the agent hid the information that similar homes in the neighborhood were selling for less because he feared she would back out and he would lose his $30,000 commission."

Go Marty! Sue the agent because you were too stupid to Google local housing price comparisons. This crazy whack job has already spent $75,000 on legal fee's to sue someone else for her stupidity. Nice.

What makes this case even more ridiculous is that Carlsbad, the city she purchased her home in and where my parents live is one of the only zip codes who's housing has NOT depreciated. In fact Carlsbad saw gains.

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