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


To: Secret_Agent_Man who wrote (240452)3/10/2010 12:26:52 PM
From: Jim McMannisRespond to of 306849
 
gregfielding.housingstorm.com

Government programs like FHA, Fannie Mae, Freddie Mac, HAMP, Tax-Credits, etc, were all designed with the goal of making homeownership more attainable…meaning that more people can now attain a limited supply of homes. Increased demand leads to higher prices…meaning these programs just made housing less attainable. Economically-speaking, we’d be better off if they never existed in the first place.



To: Secret_Agent_Man who wrote (240452)3/10/2010 12:27:05 PM
From: Cactus JackRespond to of 306849
 
Hope it's not the former for obvious reasons.

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