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The Obama administration learned nothing from the financial crisisRemember how the pressure to give loans to individuals who couldn't afford them lead to the financial crisis (see here - Banks pressured to buy sovereign debt: When will government realize the problems from forcing banks to make risky loans?Government forces banks to lend money to risky borrowers. Now they force banks to lend money to governments. &nbs
- Lawyers discover way to get out of contracts to buy housesSo you buy a house and the price of the house has gone down since your bid was accepted. Fine, give up the deposit you
- Obama the Socialist: The Government Becoming the Landlord for a lot of AmericansWho thinks that the government will do a good job renting out these homes? Once people move in will they be there fore
- The Housing Market messPeople just don't want to invest in housing in the US.Builders broke ground last month on the fewest homes in nearly tw
- Home Foreclosures accounted for 28 percent of all home salesThe housing market continues to look very bad.Sales of homes in some stage of foreclosure declined in the first three m
So how bad has the crash in housing prices actually been?
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Oleh
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