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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: tejek who wrote (263072)7/22/2010 1:41:35 PM
From: Jim McMannisRead Replies (3) of 306849
 
When you can borrow for zero % and loan out at 5-6-7% it's not that hard to show a profit. Even if you have to absorb tons of foreclosures and short sales. Especially when backstopped by the taxpayer. Of course they are stealing interest from all the savers getting virtually nothing on their savings. All helped along by good 'ole Ben and the FED.
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