It is that delaying the inevitable makes the problem worse. Had these borrowers finished the foreclosure process the first time around, housing prices would have adjusted quicker and the housing market would have also been on the road to recovery quicker.
Post Tagged with: "housing starts"
September 26, 2012 05:20
15 More Recession Years?
The Democrats under Obama act as if nothing happened to the economy under President Reagan or the Republican takeover of Congress in the 1994 election. They go right back to dogma and the country into crisis. The ideological blindness never ceases to amaze.
April 26, 2012 04:19
Housing prices reach record low under Obameconomy
Home prices continue to slump in the hope and change economy. Stagnant sales and low prices are expected to continue for at least the coming year. Look for Obama to offer something to bailout homeowners as the election progresses.
December 21, 2011 10:24
Evil Is Still Lurking In The Shadows Of That ‘Strong’ Housing Number
November’s annualized single family starts – actually lower than the starts in November of 2010 (454,000). – Business Insider
