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  • What REALLY Caused the Mortgage Crisis - And What to Do Now [View article]
    i am also going along with third party above - the lack of skin and system breakdown heightened the severity of the crisis and possibly the timing - but housing was a disaster waiting to happen.

    it was theorized in studies over ten years ago that the baby boomers retirements were going to trigger a housing value crisis. the government's policies in the last decade heightened the oversupply to this group with their tax laws.

    now the crap has hit the proverbial fan. there is no solution short of the government starting to buy houses and tearing them down.
    Jul 05 22:44 pm |Rating: +1 -3 |Link to Comment
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