Comments by "Babu" (@Babu-kr3cr) on "" video.

  1. I am not sure how anyone could afford that. That is pretty scary. You pretty much get forced off your land.
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  2. What I would do is cancel the housing insurance, close off rooms you don't need to use, look for every tax break there is, do the repairs yourself or hire local people out of work like teens to cut the grass, turn down the water heater, get solar batteries, etc. I would keep the house if at all possible. You can maybe use credit cards or a home equity loan until things calm down. I think the housing prices will fall if no one can pay for them. Then the property values will fall, which should make the taxes come down. Any investment is going to have fluctuating value from stocks to real estate. If you can use the investment personally like a house, it is better to just hold onto it. The rental market is way too unpredictable. Rents can shoot up out of nowhere, and there can be a lot of problems with maintenance, noise and neighbors that you can't do much about.
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