David Martin

Update: Homebuilder Incentives [Housing Tracker]

It is clear that the offer to support FME is being used to continue imprudent lending, and the taxpayer will foot the bill.
It is also clear that the small increase in housesales is entirely due to this practise, and that no bottom is in sight for the market.
As unemployment hits the second wave of price falls should hit, moderated of course by the US massively increasing the national debt and throwing taxpayers money away.