Which one caused the massive Housing Bubble and collapse? The free market or socialization (fannie mae and freddie mac/eg the government backing all the loans)? Socialism, power hungry Democrap congress and liberal deadbeats looking for handouts on your dime. Chris Dodd and the old poop shoot dipstick Bowney Fwank, just to mention a couple of…
Category Archives: Housing Bubble
Did the democrat controlled congress home ownership utopia create the housing bubble?
QUOTE: "Long-term pressure from Frank and his colleagues to expand home ownership connects government housing policies to both the Housing Bubble and the poor quality of the mortgages on which it is based" http://www.forbes.com/2009/02/13/housing-bubble-subprime-opinions-contributors_0216_peter_wallison_edward_pinto.html Did the real estate collapse trigger insurance and banks to fail, and then further snowball into high unemployment? . Yes sir…
What are banks doing to stop housing bubble?
What are some new rules that banks must now follow to ensure the Housing Bubble does not happen again?? Obama’s HAFA program (Homes Affordable Foreclosure Alternatives) is designed to help struggling homeowners keep their houses. I’m not seeing much success in the program so far, but it just went into effect in April. If we…
Real Estate’s Gold Rush Seems Gone for Good – NYTimes.com
"Dean Baker, co-director of the Center for Economic and Policy Research, estimates that it will take 20 years to recoup the $6 trillion of housing wealth that has been lost since 2005. After adjusting for inflation, values will never catch up. “People shouldn’t look at a home as a way to make money because it…
Mitchell Langbert’s Blog: Clinton’s and Democrats’ Responsibility for Sub-Prime Crisis
Go the the long comments at the end
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