Lie-awatha is at it again

[Jim in CT]

Originally Posted by spence

I'm astounded you're trusted with numbers at work. It's not a 383% return. Take out the lending feeds, materials, labor and insurance to do the work and the net return is a fraction of this. As most of these houses were bought to family to renovate it's worth assuming they enjoyed most if not all of the profit.


Which they were.


My last post on this, the banks were making predatory loans then aggressively foreclosing on people who couldn't afford it. This is nothing like what Warren was doing.

If you can't grasp this I'm astounded, again.

i totally understand why you announced you’re not posting here again.

when banks profit from foreclosures, they also have expenses, legal fees, real estate broker fees, etc.

as always with liberals, it’s ok when she does it, heartless when anyone else does it.
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