The battle has begun, will ALL US taxpayers get stuck with the bill to subsidize home ownership, or will those who choose to buy carry the load themselves???
http://www.theatlantic.com/business/archive/2010/08/pimcos-gross-calls-privately-held-mortgages-impractical-and-unrealistic/61645/
PIMCO’s Gross wants the government (read that US TAXPAYERS) to assume all risk for housing market. Are you ok with that???
http://news.yahoo.com/s/afp/20100817/pl_afp/useconomypropertyfinancestocks
The future of Fannie and Freddie – what a mess!
http://www.bloomberg.com/video/62242848/
CEO of radar logic talks about a HUGE check US taxpayers are going to be writing – well done video
http://money.ninemsn.com.au/article.aspx?id=7944644
Well done piece, simple. Pay attention to the last few lines and ask yourself what is in store for US builders, their employees and their suppliers? Why build new when there are so many more affordable options
http://www.american.com/archive/2010/august/dropping-the-ball-during-the-only-game-in-town
Another well done piece on how The Fed is acting (or not acting) effectively
