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Housing Bubble News
News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a... [more]
News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a mature and informed level of social and economic analysis. Contributions emphasizing the macroeconomic effects are especially welcome.
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So whose fault was it anyway? God knows there's plenty of blame to go around from greedy businessmen, to irresponsible borrowers, to regulators asleep at the wheel, to a misguided government effort to increase ...
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The current crisis has more than a few similarities with the Asian financial crisis when it comes to causes and symptoms, and just like 10 years ago in Asia, the post-bubble adjustment in the developed world ...
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The Post speaks another subset dealing with the subprime crisis: Loan sharks. Benny the Loan shark who, like the banks, has "made loans to subprime borrowers in danger of defaulting." He says, "I'm not really worried about people borrowing money from me, what I worry a lot about is whether...
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From gothamist.com
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In my last post, I focused on what we still don't know about the causes of the subprime crisis.
But here I'll tell you about six solutions proposed by Robert Shiller in his book The Subprime Solution. (He has also recently published an op-ed in The Washington Post and an op-ed in The Wall Street...
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From freakonomics.blogs.nytimes.com
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The following was issued by the Republican National Committee:
Obama's New Plan To Impose A 90-Day Moratorium On Home Foreclosures Copies A Proposal Put Forth By Sen. Hillary Clinton Back In January:
Today, Obama Is Proposing A "Three-Month Moratorium On...
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From pr-gb.com
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The subprime mortgage crisis is an ongoing financial crisis characterized by contracted liquidity in global credit markets and banking systems in the the United States. A downturn in the housing market of the U.S., risky practices in lending and borrowing, and excessive individual and corporate...
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Since last week, the McCain campaign has been attempting to link Barack Obama to a low-income advocacy group that Republicans accuse of being responsible ...
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Foreclosures continue to represent about 44 percent of Phoenix-area home sales, however, the number of sales increased from August to September.
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From phoenix.bizjournals.com
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McClatchy's Kevin Hall is correct in his analysis of private sector loans as the culprit that initiated the crisis.
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ForeclosureRadar, a daily tracker of residential real estate, on Monday reported a steep decrease in the number of foreclosure filings in September and suggested that new regulations in California designed to give homeowners more warning when a foreclosure is imminent may be behind the decrease...
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From losangeles.bizjournals.com
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3 posted on 10/12/2008 8:44:40 AM PDT by kc8ukw To: Bertram3 I love British humor.
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Palm Beach County will receive $27.7 million of the $4 billion the federal government plans to dole out to state and local governments to help them buy and rehab homes that were foreclosed or abandoned during ...
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Colin Campbell, a geologist, former Vice-President of Fina Oil Company and founder of the nowadays respected ASPO .
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The Subprime Crisis is a broken promise to Joe "Sixpack". One Day in early 2006, Joe was feeling pretty darned good about himself.
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Palm Beach County will receive $27.7 million of the $4 billion the federal government plans to dole out to state and local governments to help them buy and rehab homes that were foreclosed or abandoned during ...
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