[lbo-talk] housing news

Doug Henwood dhenwood at panix.com
Tue Feb 13 12:37:02 PST 2007


On Feb 13, 2007, at 3:21 PM, Dennis Claxton wrote:


>> Speaking of housing stories, I read one yesterday of a woman who was
>> taking out a $13,000 car loan to pay her mortgage.
>
>
> On what kind of car can you get that much money? I know people get
> talked into things, but you also have to wonder about choices. If
> you're buying a $300K or more home, shouldn't you dial back a little
> on the car expenses?

Can you get a car loan without buying a car?, was what I wondered. A $13k car is pretty cheap these days, no?

Doug



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