DIYbanter - View Single Post - Americans brace for next foreclosure wave

Percival P. Cassidy

On 04/05/12 04:33 pm, wrote:

Ever notice that you never see headlines like "Canadians brace for next
foreclosure wave" ???

Well, you see, Canada actually has regulations in place that actually PROTECT the people. In the USA, the regulations are written so that certain elements can legally rob everyone else blind.

Australia did OK too, thanks to sensible regulations.

However, somebody said that Texas actually did better than some of the
other US states because it had laws that were called "personal property
protection laws" -- pretty much the same as "consumer protection laws"
in other places, but they couldn't call them that because the latter are
"socialist."

Perce