The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: alanrs who wrote (150731)	9/26/2008 11:26:52 AM
From: alanrs	Read Replies (2) of 306849

Janet (wife) just sent me this from work. Good stuff in Economist both on economy and election, but from a CNN article on why we won’t have the Depression comes this quote (apparently the line forms on the left and the right) Jerry Howard, CEO of the National Association of Home Builders, said the Wall Street bailout is crucial, even though he doesn't believe it will solve the credit crunch that was hitting his members before the crisis started. For this reason, Howard said as soon as Congress returns to work from its upcoming recess, his trade group will be asking for another package of between $40 billion and $90 billion directed towards the housing market. ARS

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