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

To: Giordano Bruno who wrote (215600)	8/13/2009 5:52:37 PM
From: Smiling Bob	Respond to of 306849

They're recycling Here we are again with this attitude. "Go ahead and take it- everyone else is." Here I was surprised to read there was a surplus. ---- APTS TO RENT: $2B TARP SURPLUS MAY GO TO STOP BUILDING FORECLOSURES ...Indeed, Gluck said many loans don't need a bailout because large local lenders are working with developers to prevent complexes from defaulting. Nevertheless, Gluck, who stressed he maintains his properties, said the bill sounded like a good idea, and that real estate developers might as well collect from the government since everyone else was already getting handouts. "As long as there is a long list of people out there with their caps in hand, why should everyone else be getting a free run?" Gluck said.