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What Happens To Housing’s ‘Turnaround’ When Uncle Sam Backs Out?

Tuesday, December 22nd, 2009

mortgage brokers giving up licenses or quitting due to housing crisis1 What Happens To Housings Turnaround When Uncle Sam Backs Out? Charles Hugh Smith of DailyFinance asks, “What Happens To Housing’s ‘Turnaround’ When Uncle Sam Backs Out?” 

This provocative article looks at the housing crisis and the stabilization measures now being taken and asks hard questions but offers few answers.

Think of crisis management as a green house.  As long as plants are not exposed to the elements, there is little chance of knowing, with any level of certainty, that they will survive when fully exposed to elements. 

Currently the housing market is being supported at an unpresidented level by tax payers–you and me.

In fact, more support is being afforded the housing market than any other industry in history and it ‘appears’ to be having the intended affect.

How this will all play out is not yet know but this article should make us all think and plan accordingly.

Stupid or broker for not buying a house?

Friday, December 11th, 2009
A very good article from Business Week with a great heading! Stupid or broker for not buying a house? - A commentary on how significant and historically amazing our low interest are and the opportunity they afford any home buyer.

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