CHM97

Bill Gross: Value Is Returning to Parts of the Bond Market

Mr. Gross says Washington has to "support housing prices"....That is what they have been doing for the last 75 years! FHA,Fannie Mae, Freddie Mac,deductibility of interest, tax credits,zero down VA loans,first time home buyer programs, affordable housing, special rates for first responders & TEACHERS. All these programs (I am just scratching the surface) and houses are still too expensive relative to incomes.