La nouvelle bulle immo a commencé, et l'État pousse à la roue, comme d'hab' Options

[Nick de Cusa]

Très bon article sur une jeune femme de 20 ans qui achète une maison avec un prêt de la Federal Housing Authority, avec comme apport personnel 3,5% du montant total, qui doit bosser 3 jobs pour payer les remboursements, sachant qu'avec la montée du chômage, la probabilité d'en perdre un des trois est très forte. En plus, elle rêve complètement sur la supposée valeur de sa maison.

On peut comprendre ses erreurs à elle, à la limite, mais pourquoi, pourquoi l'Etat lui fait-il ce prêt, de toute évidence toxique?

Et dire que "le libéralisme" va être blâmé pour les nouveaux drames que prépare l'Etat.

...
Without question, Tejada's loan is toxic--to her and to the taxpayers who are backing the loan. Her house cost $155,000. Tejada's loan was apparently made on a micro-down payment of just 3.5%, the minimum down payment to qualify for an FHA loan. On top of this, however, she got an additional government backed loan to make improvements. Her total loans amount to $183,0000. In short, she was immediately underwater on her new house.

The monthly payments on her debt amount to $1328. Her income is $2470, leaving her with just $285 a week to live on. She's paying 54% of her income to make the mortgage payments. She earns that income by holding down one full time and two part time jobs. Obviously, this woman has a strong work ethic. But it also means her income is precarious. With unemployment still rising, she obviously should be worried about losing one of her three jobs. A loss of one of them would likely leave her unable to make the debt payments.

10 signs the next housing bubble is underway >>

Tejada appears to be using imaginary numbers about the value of her house. She says that when she bought it, the house was just a “box” with no kitchen or bathroom. Now it is "gorgeous". She claims the renovation has increased the value of her home from $155,000 to $255,000.

"I bought my house for $155,000. And now, after all the fixing, after all the remodeling, my house is worth $255,000. So just within a month period, I made a $100,000," she tells Market Place's Scott Jagow.

http://www.businessinsider.com/20-year-old...35-down-2009-10

Ne pas rater aussi le lien sur les dix signes que la nouvelle bulle immobilière est lancée.
http://www.businessinsider.com/the-next-ho...h-cheap-money-1