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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Travis_Bickle who wrote (148948)9/22/2008 12:54:55 PM
From: GraceZRead Replies (1) of 306849
 
"A provision that would require the Treasury to take 65 percent of any profits it makes from the newly purchased assets and put it into the federal government's HOPE program, an affordable housing program."


Not funding the bailout would result in a lot more "affordable housing" as RE prices would decline in any widespread washout. What they want to do is provide government subsidies for "unaffordable" housing.
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