Deja vu all over again: Fueling the next housing meltdown -- DailyFinance »

Posted By Eagle_Eye 3 months, 3 weeks ago in Business & Finance

1 of 1

To: Charles Smith Re: Deja Vu You might reconsider using Yogi's style in your analysis. It is not the same housing market. Two years ago buyers were getting into $500K homes for $700K, with no money down and shady second mortgages from equally shady mortgage brokers, infating a bubble. Now buyers are getting into $400K homes for $275K, with little or no money down, mostly from a tax credit. If the current real estate market goes down instead of improving, very few people will be left to read your dribble. Why don't you look at the one positive investment of tax dollars and actually use some forward thinking to generate a plausable outcome, instead of penning a lazy, thoughtless, quota filling collection of words. Do you actually have an editor or is this some freelance unemployed financial analyst whose work was mistakenly used as filler?

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Eagle_Eye

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