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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Bank Holding Company who wrote (169237)	12/5/2008 10:45:51 AM
From: Smiling Bob	Read Replies (4) \| Respond to of 306849

I'm hearing lots of costly and impractical ideas from all directions. Income tax holiday Govt replacing their vehicle fleets Low rates for new purchases only Infinite bailouts New home construction should not be included in any type of bailout or assistance. Across the board, SFH owner-occupied mortgage rate cuts is the most fair, least costly and most easily controlled. Most importantly, it will absolutely spur spending by immediately creating more disposable income. The nationalization of these mortgages will also free up the banks' balance sheets. Banks can bid for pools down the road. Who knows, maybe we can shaft them with AAA rated horse manure.