houses

The Federal Reserve Chairman just had a televised announcement, and he said this entire financial crisis is due to the housing/mortgage problem.

And YES, I have been offered a much higher mortgage than I could afford and turned it down for a mortgage (and less opulent home) that I could afford.  So don't blame pushy mortage brokers.  People have to take some responsibility for their actions. 

We just bought a house in NY, and we didn't get a copy of the Home Inspection report.  We just heard from the Realtor that everything was fine.  Well, turns out it's not fine.  The electric in the house is aluminum and it all has to be replaced.  Who's fault is it? The Realtor? The Seller? The Home Inspection Guy?  John McCain?  NOPE!  It's our fault.  We were stupid, and we accept that.